The company's purpose is the long-term participation in commercial and industrial enterprises, the acquisition, management, holding, administration and sale of participations and company shares, as well as the acquisition, sale, construction, rental and administration of real estate. The company may open branches and subsidiaries in Switzerland and abroad, acquire participations in other companies in Switzerland and abroad, and carry out all transactions that are directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing on its own account or on behalf of third parties and grant guarantees and sureties for controlled companies and third parties.