The company's purpose is to acquire participations, in particular in companies in the perfume and cosmetics sector and the luxury goods industry, as well as to carry out financing transactions and manage assets for its own account and for third parties. The company is authorized to acquire companies with the same or similar objectives, or to participate in such companies. The company can enter into all transactions and conclude contracts that are suitable to promote the purpose of the company, or that are directly or indirectly related to it. The company is also entitled to participate in companies of all kinds at home and abroad, to form interest groups, and to establish branches and subsidiaries. The company can acquire, encumber, sell and manage real estate.