The company's purpose is to acquire, hold and manage participations in other companies and enterprises, to provide services in the field of commerce and real estate, to trade in articles of daily use and to trade in goods of all kinds. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate.