VAIL RESORTS BUYS CRANS-MONTANA

EPIC TAKEOVER

Vail Resorts has acquired an 84 percent stake in Remontées Mécaniques Crans Montana Aminona, adding the Swiss resort to the global Epic Pass portfolio

Vail Resorts has acquired an 84 percent ownership stake in Remontées Mécaniques Crans Montana Aminona (CMA) SA, which controls and operates all Crans-Montana's lifts servicing the resort's !400m of vertical skiable terrain and 140k of pistes, and supporting mountain operations, including four retail and rental locations, 

Vail Resorts now has 100 percent of SportLife AG, which operates one of the ski schools located at the resort and has taken full ownership of 11 restaurants located on and around the mountain. The valuation for the entirety of these resort operations is CHF 118.5m, including approximately CHF 7m of debt that will remain in place.

Vail Resorts plans to invest approximately CHF 30m over the next five years, focusing on maximising gastronomy efficiencies plus improving and expanding snowmaking capabilities.

For the 2024/25 season, Epic Pass Holders will receive unlimited and unrestricted access to Crans-Montana Mountain Resort. Epic Local Pass Holders will receive five days at the resort, and Epic Day Pass Holders with All Resorts Access will be able to visit using any of their days. Check out the Epic Pass here.