The company's purpose, in the sense of a holding company, is the acquisition, holding, sale, administration and management of participations in all commercial, industrial and financial enterprises, located in Switzerland or abroad, by acquiring shares, bonds, participations, holding claims in any other suitable form. It may create subsidiaries and branches in Switzerland and abroad. It may also participate in the financing of the companies it holds, in the general interest of these companies. It may grant or receive loans, guarantees and securities from its associates, subsidiaries or any third party. In general, it may carry out all transactions and take all measures that appear appropriate to promote its corporate purpose or that are related to it.