The company's purpose is to acquire, manage and sell participations, as well as to take over the management of other companies and corporations. Furthermore, the company's purpose is to trade in and distribute goods of all kinds. The company may acquire, encumber, exploit, sell and manage trademarks and other intangible assets. The company may acquire, hold, encumber and sell real estate. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies. The company may carry out all commercial, financial and other activities that are connected with the company's purpose. The company may provide financing for its own account or for the account of third parties, as well as grant guarantees and sureties for subsidiaries and third parties.