The company's purpose is to operate a holding company and to participate in other companies in Switzerland and abroad. The company may establish branches and subsidiaries in Switzerland and abroad, acquire or merge with similar or related businesses. Furthermore, it may acquire, manage and sell real estate and securities. It may also acquire, manage and exploit intellectual property rights, as well as provide financing for its own account or for third parties. It may also provide guarantees and sureties for subsidiaries and third parties. In addition, 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 that are directly or indirectly related to it.