The company's purpose is to operate restaurants, bakeries, hotels, retail stores and supermarkets, as well as related services, and to trade in goods of all kinds, and to carry out all activities directly or indirectly related thereto. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as guarantees and sureties for subsidiaries and third parties.