The company's purpose is to develop and manufacture, and trade in, apparatus and machines, in particular electrical and electronic, hydraulic and pneumatic controls, as well as to perform repairs and maintenance work on machines, apparatus and electrical and electronic, hydraulic and pneumatic controls. The company may establish branches and subsidiaries in Switzerland and abroad, and participate in other companies in Switzerland and abroad, as well as 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. The company may acquire, exploit and sell licenses. 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 and third parties.