The company's purpose is to trade in electrical household appliances and to provide all related services. The company may establish branches and subsidiaries in Switzerland and abroad, acquire, hold and sell securities, participations, licenses and patents, and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose, and grant loans. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as provide guarantees and sureties for its subsidiaries and third parties.