The company's purpose is to operate a sanitary, heating and ventilation business. The company may, in Switzerland and abroad, establish branches or subsidiaries, participate in other companies having a direct or indirect relationship with its purpose, acquire or found them, in general, carry out any financial, commercial or industrial activity, movable or immovable, that promotes its development and is directly or indirectly related to its purpose; carry out these transactions for itself or on behalf of third parties, as a representative, agent, or commission agent, or have them executed on its behalf by third parties; grant loans to shareholders and third parties, grant leases, guarantee loans subscribed by shareholders or third parties, secure its loans by issuing or pledging mortgage securities or by subscribing to any other financial commitment. It may, on its own account or on behalf of third parties, take direct or indirect participations in other companies or carry out any other activity that contributes to the achievement of its corporate purpose. It may also buy, sell and rent movable securities in Switzerland and abroad. It may establish branches in Switzerland and abroad.