The company's purpose is the acquisition and administration of participations in commercial, financial and industrial companies based in Switzerland and abroad, as well as the purchase, sale and management of securities and the placement of capital. The company may carry out all commercial, financial, real estate (exclusively commercial properties), movable and conclude all contracts having a direct or indirect connection with its purpose and promoting its development. Furthermore, it may create branches and subsidiaries in Switzerland and abroad and acquire, hold, administer and dispose of properties (exclusively commercial properties) and intellectual property. The company may also acquire participations in other companies and acquire companies with an identical or similar purpose, establish branches or form subsidiaries in Switzerland or abroad, provided that the company may hold participations in real estate companies exclusively for commercial use in Switzerland. The company may grant loans or any other form of financing to affiliated companies, as well as provide any kind of security, directly or indirectly, for the benefit of affiliated companies (or third parties), in particular in the form of guarantees, pledges or fiduciary transfers of the company's assets, with or without consideration.