The company's purpose is the manufacture, distribution, and trade of electrical products and household appliances of all kinds, electrical control devices, electrical installations, and telephone equipment, as well as the installation for data transmission. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business that is directly or indirectly related to its purpose. 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 subsidiaries or third parties.