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December 18, 2009
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Powdr Corp completes deal to purchase Copper Mountain

PARK CITY, UT —-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.

“We appreciate the hard work put forth to finalize this acquisition,” said John Cumming, chief executive officer at Powdr Corp. “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.”

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.

“We are excited to join Powdr Corp's family of resorts,” said Gary Rodgers, president and general manager at Copper Mountain. “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.”

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The Summit Daily Updated Dec 20, 2009 01:47PM Published Dec 18, 2009 04:52PM Copyright 2009 The Summit Daily. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.