Deal Snapshot
Vail Resorts Closes Acquisition of Majority Stake in and Operate Swiss Resort Andermatt-Sedrun Sport
Friday 05 August 2022

US-based mountain resort operator Vail Resorts, Inc. (NYSE: MTN) has closed the acquisition of a majority stake in Switzerland-based ski resort operator Andermatt-Sedrun Sport AG from Andermatt Swiss Alps AG, marking the company's first strategic investment in, and opportunity to operate, a ski resort in Europe, the company said.

Andermatt-Sedrun is a renowned destination ski resort in Central Switzerland, located less than 90 minutes from three of Switzerland's major metropolitan areas (Zurich, Lucerne and Lugano) and approximately two hours from Milan, Italy.


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Date Published: 05/08/2022

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