The company's purpose is to participate in financial, industrial, commercial and real estate companies. To this end, the company may acquire, manage and sell equity participations or limited partnerships, company shares and participate in other companies. The company's holdings may be acquired and managed in any form, in particular through ownership of shares, company participations of any kind, real estate, holding of rights and any other commercially acceptable manner. The company may transfer its assets to the benefit of its subsidiaries or other companies belonging to it. The company may grant loans to its subsidiaries, exercise control and coordination of the activities carried out by the subsidiaries and perform any other operation or transaction connected with the company's purpose. The company may participate in other companies and carry out any activity of a holding company in direct or indirect relation to the company's purpose. It may operate both in Switzerland and abroad, and open branches and subsidiaries.