With last month’s approval from the state of New Hampshire, Vail Resorts officially has closed on its acquisition of the Mueller family’s Triple Peaks LLC, parent company of Okemo (Vermont), Sunapee (New Hampshire) and Crested Butte (Colorado). With the sale, valued at $74 million, Okemo and Mount Sunapee now join Stowe as Northeastern resorts in Vail’s network.
“We are thrilled to offer pass holders even more one-of-a-kind experiences in the Northeast and in Colorado with the addition of Okemo, Mount Sunapee and Crested Butte to our network of world-class resorts,” said Kirsten Lynch, chief marketing officer of Vail Resorts. “Unlimited, unrestricted access to these resorts through the Epic Pass, Epic Local and Military Epic Pass, as well as access on the Epic 4 Day and Epic 7 Day, will be a tremendous benefit to skiers and snowboarders.”
The state of New Hampshire approved the deal following a review, an audit and a period of public input. Sunapee is built on public land but has been in private operation since 1998.
Vail Resorts also finalized acquisition of Stevens Pass Resort in Washington from Ski Resort Holdings.