CryEngine <> 3ds Max <> SketchUp workflow

Importing from SketchUp to Max is quite simple - SketchUp has a built-in exporter for COLLADA, a format that is universally supported by 3D applications. The file even retains the texture and colour information.

Using the CryEngine tools in 3ds Max, I've managed to export a mesh. However, the textures and materials have not been transferred yet.