MKM Trust, owner and developer of Schweitzer, has announced that it has agreed to sell Schweitzer’s resort operations assets to Alterra Mountain Company.

Schweitzer expands Alterra’s portfolio in the Pacific Northwest, joining Crystal Mountain in Washington.

The addition of Schweitzer will bring the company’s total to 17 year-round mountain destinations throughout North America.

Tom Chasse will stay on as president and CEO of Schweitzer and will oversee daily operations of the destination and future capital improvement plans.

This is a breaking story and will be updated.