Vail’s most recent acquisition cost a song compared to other high-profile deals.
The Broomfield-based ski mountain company paid $12 million to scoop up the 120-acre Wilmot Mountain Ski Resort last month in a deal that included the five parcels of land containing the Wisconsin resort, according to public documents.
The Kenosha County Assessor’s office states that VR WM Holdings, LLC purchased the five parcels in January. The Colorado Secretary of State office lists VR WM Holdings’ address as 390
Interlocken Loop in Broomfield, the same address as Vail’s corporate offices. The company was formed on Jan. 20, the same day Vail announced the purchase.
Wilmot’s cost is a paltry sum compared to the $136 million Vail paid to buy Australia’s Perisher ski resort last year.
Vail now owns 12 resorts worldwide, including three in the Midwest – Wilmot, Mount Brighton in Michigan and Afton Alps in Minnesota.