Mammoth Mountain Ski Area announced this morning that it has entered into an agreement to acquire Big Bear Mountain Resorts in Big Bear Lake, Calif.
“Big Bear Mountain Resorts includes both Bear Mountain and Snow Summit, the largest and most popular of southern California’s ski and snowboard resorts that host nearly 800,000 winter visits annually,” the MMSA press release stated.
“We couldn’t be more excited to enter into this agreement with Big Bear Mountain Resorts,” said Rusty Gregory, Chairman and CEO of Mammoth Mountain. “These two uniquely southern California resorts have been providing great skiing, riding and biking experiences to visitors from California and beyond. Millions have enjoyed their first mountain resort experience on the slopes of Bear Mountain and Snow Summit, and we look forward to expanding upon the legacy that Dick Kun and his people have created over the past six decades. This acquisition represents the beginning of a renaissance for both Mammoth and Big Bear and is the first step in the next era of skiing and riding in California. In the coming months we will be announcing exciting new development and expansion plans for each of our four resorts designed to attract visitors from down the street, across the country, and around the world.”
The release went on to say that to celebrate the occasion, MMSA has announced a new season pass that includes unrestricted access to Mammoth Mountain, June Mountain, Bear Mountain and Snow Summit.
The new Cali4nia Pass will go on sale at the Hot Dawgz and Hand Rails event at Bear Mountain this Saturday, Sept. 27, and will then be available for a limited time at www.snowsummit.com or www.Cali4niaPass.com. The cost of the pass is $689 for adults.
According to MMSA, this transaction will create one of the nation’s largest ski companies with over 2 million visitors per year. Dick Kun, the driving force behind skiing and riding in the Big Bear region and long-time CEO of Big Bear Mountain Resorts commented, “Mammoth has always been the natural long-term fit for the Big Bear family and we are thrilled to enter this agreement. I am deeply grateful to the employees, shareholders, and the Big Bear community for their work and support during the 63years of our operations. Mammoth’s experience and leadership will ensure that southern Californians will continue to enjoy recreating in the local mountains and will undoubtedly bring in a new era of experiences and opportunities for all of our constituents,” continued Kun.
See the full press releases from MMSA here: http://www.mammothmountain.com/winter/home/media