Vail Resorts new in Switzerland with Andermatt Sedrun Sport AG –
Andermatt-Sedrun is a 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. Vail Resorts, Inc. (“Vail Resorts”) is acquiring a 55-percent ownership stake in Andermatt-Sedrun Sport AG, which controls and operates all of the resort’s mountain and ski-related assets, including lifts, most of the restaurants and a ski school operation. ASA will retain a 40-percent ownership stake in Andermatt-Sedrun Sport AG, with a group of existing […]
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