The company's purpose is to develop, manufacture and distribute products in the field of drive and conveyor technology, primarily gearmotors and lifting equipment under the SEW brand. The company is also authorized to manufacture, purchase and sell other industrial products related to the company's purpose, both domestically and abroad. The company is empowered to participate in other companies and manage these participations, in particular those in companies of the SEW-EURODRIVE Group. The company is authorized to conduct all business and take all measures necessary or useful to achieve the company's purpose, including the conclusion of company agreements, interest group agreements and similar agreements. The company may establish branches and representations in Switzerland and abroad.