Tim and Diane Mueller, Owners of Triple Peaks, LLC have announced today that they have entered into a Definitive Purchase and Sale Agreement to buy Crested Butte Ski Resort from the Callaway and Walton families, owners of Crested Butte Mountain Ski Resort, LLC and it subsidiaries.
The Mueller's signed a Letter of Intent for the purchase of Crested Butte Ski Resort on October 28, 2003 and expect the completion of the sale to take place in early February of 2004.
"The qualitative aspect is, and has always been, the top priority with our family of resorts," commented Tim Mueller, owner of Triple Peaks, LLC. "We recognize the potential that exists with Crested Butte and are committed to placing guest service and the overall quality of the recreational experience as our top priority. Our vision for the future is to build upon the attributes of the mountain and community to reinforce its reputation for excellence."
"We're excited to move one important step closer to the sale", commented
John Norton, President and CEO of Crested Butte Ski Resort. "Everyone here looks forward to the plans, energy and capital the Muellers will bring to Crested Butte."
Crested Butte is located in southwest Colorado in the town of Mt. Crested Butte and is best known for its historic town, exciting nightlife and some of the best extreme skiing in the world. The resort has 85 trails spread over 1,058 acres, with 14 lifts and receives over 240 inches of natural snow each season.
Okemo Owners Announce A Contract of Sale For the Purchase of Crested Butte Ski Resort
Submitted by tim
on