The company's purpose is to operate and participate in vineyards and holiday properties, primarily on the island of Mallorca and the Balearic Islands. Furthermore, the company aims to trade and import and export agricultural products and production rights, as well as organize vacation trips. The company may establish branches and subsidiaries in Switzerland and abroad, acquire, hold and sell participations in other companies. The company is authorized to acquire, encumber, sell and manage real estate in Switzerland and abroad. The company may acquire and exploit patents and licenses, and in general, conduct all business that is suitable to promote the development of the company and the achievement of its purpose.