The purpose of the company is to provide management and administrative services, in particular to the Pierre Vacances Group and Center Parcs Group. The company may also provide financing for its own account or for third-party accounts, as well as guarantees and sureties for subsidiaries and third parties. The company may also provide financial support to companies directly or indirectly connected to it, such as granting loans and providing securities or guarantees for the liabilities of these companies. The company may acquire, hold, encumber and dispose of real estate, as well as establish branches and subsidiaries in Switzerland and abroad. It is authorized to take any action and enter into any legal transaction with private and public parties to achieve its purpose and to take all measures that appear to promote the company's purpose or are related to it.