The company has the following purpose: Providing services in the fields of gastronomy and hospitality; operating restaurants, hotels, bakeries, confectioneries or similar businesses; manufacturing and trading food and beverages. Furthermore, it may carry out, either on its own account or on behalf of third parties, all financial, commercial, movable or immovable transactions directly or indirectly related to its corporate purpose and may participate, in any form, in similar businesses, in particular by acquiring interests in similar companies. The company may also establish branches and subsidiaries in Switzerland and abroad.