The acquisition and administration of participations in any form (holding) in companies and entities based both in Switzerland and abroad in the industrial, commercial, financial and service sectors; the financing of companies. The company is authorized to establish branches, affiliated companies, as well as foundations both in Switzerland and abroad, and may participate in other companies. The company is authorized to acquire and encumber funds both in Switzerland and abroad for its own use and/or to achieve its social purpose. The company is authorized to carry out any further activity aimed at achieving the social purposes or objects mentioned in the previous points or in any way connected with them, both in Switzerland and abroad. The company may also carry out any other commercial, financial or other operation that is useful for realizing and promoting its social purpose.