Sonae Capital SGPS SA is a holding company, which engages in tourism, energy, and investment activities. It operates through the following business segments: Resorts, Hospitality, Fitness, Energy, and Refrigeration and HVAC. The Resorts segment develops and manages touristic resorts. The Hotel segment manages hotels and integrated services. The Fitness segment deals with health clubs. The Energy segment includes energy services in the areas of cogeneration. The Refrigeration and HVAC segment deals with the design, installation and maintenance of commercial and industrial air conditioning and heating equipments. The company was founded by Belmiro Mendes de Azevedo on December 14, 2007 and is headquartered in Maia, Portugal.