Greek Peak Buys Toggenburg

Greek-Peak-ToggenburgVirgil NY: In a press conference at the mountain today it was announced that the partners of Greek Peak Mountain Resort are acquiring Toggenburg Mountain Winter Sports Center. The price is currently undisclosed. The transaction was executed as an asset purchase agreement to acquire Toggenburg on August 26, 2015.

The announcement was foreshadowed on Tuesday when a press release from longtime Toggenburg owner Jim Hickey and Greek Peak co-owners Marc Stemerman and John Meier referenced “an attractive offer provided to season pass holders through [a] business combination.”

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