Powdr Corp completes deal to purchase Copper Mountain
December 18, 2009
PARK CITY, UT and#8212;-Powdr Corp., which owns Boreal Mountain Resort near Tahoe, announced Friday it has successfully closed on its acquisition of Copper Mountain Resort in Colorado from Intrawest.
and#8220;We appreciate the hard work put forth to finalize this acquisition,and#8221; said John Cumming, chief executive officer at Powdr Corp. and#8220;We are thrilled to work with the experienced team in place at Copper Mountain and grateful for the opportunity to expand the Powdr family into Colorado.and#8221;
According to a press release, this winter there will be no impacts on the guest experience at Copper Mountain. Powdr Corp will work together with Intrawest to ensure that all of the multi-mountain season pass products, vacation reservations and joint marketing initiatives will be honored for the 2009-2010 winter season. This includes the Rocky Mountain Super Pass suite of products that provide skiers and riders with access to Copper Mountain, Steamboat Resort and Winter Park Resort.
and#8220;We are excited to join Powdr Corp’s family of resorts,and#8221; said Gary Rodgers, president and general manager at Copper Mountain. and#8220;The emphasis they place on the on-mountain experience allows us to solidify our place as Summit County’s favorite resort for skiing and riding.and#8221;