The purpose of the company is to acquire, manage and utilize participations in Switzerland and abroad. The company may establish branches and subsidiaries in Switzerland and abroad, acquire or establish, manage and sell real estate and properties in Switzerland and abroad, as well as acquire, sell and utilize patents, rights and licenses. It may also provide financing for its own account or for the account of third parties and grant guarantees and sureties for subsidiaries and third parties. Furthermore, the company may conduct any business or conclude any contracts that are suitable to promote the development of the company and the achievement of its purpose or are directly or indirectly related thereto.