On 1 January 2003, the BVZ merged with the neighbouring Furka Oberalp Bahn to form the Matterhorn Gotthard Bahn. At the same time, the business of the two railways was split into the group companies Matterhorn Gotthard Verkehrs AG (passenger concession, rolling stock, maintenance, road traffic), Matterhorn Gotthard Infrastruktur AG (infrastructure concession, formations, buildings) and the Matterhorn Gotthard Bahn AG responsible for management of personnel and group management. All group companies belong to BVZ Holding, which has its origins in the BVZ, and ultimately to the Swiss federation and the Cantons of Valais, Uri and Grisons.