News Headlines     |     
Jul
13

Email

South Africa ski resort sold at auction
Friday July 13, 2012 - Email this article to a friend

Tiffindell has been bought at a knockdown price by a local skier and businessman. Lew Campbell paid 5.5m rand, £427,000, for the only ski resort in South Africa.

It was opened in 1993 and has been in financial trouble in recent years. 

In 2007 was purchased by two businessmen but they could not make a financial success of the company and debts grew.

It was declared bankrupt.

This week it went under the auctioneers hammer and Lew Campbell bid the most. He currently runs a company that sells ski equipment and offers training.

We previewed the auction here on PlanetSKI.

He will try to get the resort up and running for next season but says it is more likely to be 2014.

"I used to go to Tiffindell all the time, and I'm part of this special community of skiers in South Africa," he said to local media.

We wish him every success.

For the spirit of the mountains

Related Articles

WHICH IS THE BEST RESORT IN THE ALPS? (Monday December 5, 2016)
BUTLER & BASI SETTLE DIFFERENCES (Wednesday November 30, 2016)
LONDON SHOW CLAIMS SUCCESS (Friday November 25, 2016)
IT'S BLACK (AND WHITE) FRIDAY (Friday November 25, 2016)
CRYSTAL SKI WINS AGAIN (Thursday November 24, 2016)
TOUGH TIMES IN SNOWSPORTS RETAIL (Saturday November 19, 2016)


With thanks to our main sponsors...

Platinum partners

Bronze partners