The company's purpose is to hold and manage participations. In addition, the company may establish branches and subsidiaries in Switzerland and abroad, acquire, hold, manage and sell participations in domestic and foreign companies. The company may provide financial services to its affiliated companies, in particular grant loans or other financing and provide security of all kinds for their liabilities, including by way of pledges on or security assignments and transfers of the company's assets, or by guarantees and sureties of all kinds, against payment or not. The company may also participate in cash pooling operations within the group and raise and invest money on the money and capital markets. The company may also act in the interest of the group or individual group companies for this purpose. The company may conduct all other commercial, financial or other business that is directly or indirectly related to the company's purpose.