The company's purpose is to acquire, hold, manage, sell and finance participations in companies in Switzerland and abroad. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. The company may acquire, hold, manage, encumber, utilize and sell real estate and intellectual property rights in Switzerland and abroad. The company may carry out all commercial, financial and other activities that appear suitable to promote the purpose of the company directly or indirectly, or that are connected therewith. The company is authorized to take financing, restructuring and guarantee measures in favor of shareholders, group companies or third parties, as well as to grant loans to shareholders, group companies or third parties or to provide security for their obligations.