The DesLauriers family opened the Vermont resort in 1966.
Friday, April 14, 2017, NewEnglandSkiIndustry.com
In a press release issued today, Bolton Valley announced it has been acquired by a group of investors including the DesLauriers family, founders of the resort. The purchase price was not disclosed.
Roland DesLauriers and his son Ralph constructed the Bolton Valley in the 1960s, debuting the ski area on Christmas Eve of 1966. Though plans called for a massive 11 peak, 8,000 acre resort, only a few of the proposed trail pods were constructed, concluding with the Timberline area in the 1980s.
The area changed hands in 1997 following a foreclosure auction. Bolton Valley hit a low in 1998-99, when it failed to open.
Doug Nedde and Larry Williams joined a subsequent ownership group in 2004, when Bolton Valley still held 3,000 acres of land. Tracts were subsequently sold and a new main quad chairlift installed.
Today's purchase includes 700 acres of land, two quad chairlifts, three double chairlifts, a hotel, a sports center, and other holdings. Day to day operations management remains in place.