The company operates as a tour operator in connection with the marketing of camping holidays in Europe to individual clients or other tour operators. The company may open branches and subsidiaries in Switzerland and abroad. It may also acquire participations in other Swiss and foreign companies, excluding participations in non-listed companies with a real estate purpose. The company may grant direct or indirect financing to third parties, to companies in which it holds a direct or indirect participation, to direct or indirect shareholders or to companies in which these shareholders hold a direct or indirect participation through loans or other financing or by providing any type of guarantee, with or without consideration. Furthermore, it may conclude cash pooling agreements with other group companies. The company may acquire, encumber, hold, manage, liquidate and sell real estate properties, provided they have an exclusively commercial or industrial use, and intellectual property rights in Switzerland and abroad. The company may also carry out all commercial, financial or other activities and take all measures that may favour the achievement of the company's purpose or are directly or indirectly related to it.
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