On Tuesday, Park City-based Powdr announced it has acquired SilverStar Mountain Resort. SilverStar is Powdr’s first mountain resort in Canada.
This acquisition brings together two family-owned companies. Powdr and Jane Cann, who has owned SilverStar since 2002 and served as president since she acquired 100 percent of SilverStar in 2012, share a common vision for the long-term success of SilverStar as a community-oriented favorite for year-round, authentic family adventure. Powdr is acquiring Silver Star Ski Resort LTD. and Silver Star Holidays LTD., which operate SilverStar Mountain Resort, from Cann, who will retain Schumann Resorts LTD., which holds 30-acres of SilverStar real estate development land.Read the full story at parkrecord.com