Acquisition, sale, administration, management and holding of participations in any company or enterprise in Switzerland and abroad, excluding any operation subject to the LFAIE. The company may pursue its purpose through any operations - especially through any contracts - without limitation: regarding their location - in Switzerland or abroad; regarding their object - whether it concerns material property (movable or immovable) or intellectual property or services; regarding their execution - whether by the company, by branches of the company, by participations in other companies or by subcontractors. Furthermore, the company may conclude loan agreements with its shareholders, as debtor or creditor, or grant them guarantees, if this serves its interests.