The company's purpose is to operate snack bars, inns, restaurants, hotels, food establishments and other businesses in the food and beverage sector. The company is authorized to acquire, manage and dispose of participations in domestic and foreign companies and to manage its own assets. The company may establish branches and subsidiaries abroad and participate in other companies. The company is authorized to acquire, encumber, sell and dispose of real estate in Switzerland and abroad. Furthermore, the company may conduct all business that is suitable to promote the development of the company and the achievement of its purpose.