The company's purpose is to acquire, hold, manage and finance participations in Switzerland and abroad. In particular, it can advise, coordinate, manage and control companies belonging to its group. The company can establish branches, subsidiaries and representations in Switzerland and abroad and participate in other companies. The company is authorized to acquire, encumber, sell and manage real estate and securities in Switzerland and abroad, as well as to grant loans and take out credit. It can also carry out financing for its own account or for the account of third parties, as well as provide guarantees and sureties for subsidiaries and third parties. Furthermore, it can conduct all business that is suitable to promote the development of the company and the achievement of its purpose, directly or indirectly.