The purpose of the company is to hold, manage and develop assets, as well as to carry out industrial, commercial and financial transactions, and to conduct training in the educational sector and related franchise businesses, in Switzerland and abroad. The company may establish branches and subsidiaries both domestically and abroad. The company may acquire, manage, encumber and dispose of real estate and investments both domestically and abroad. The company may engage in any further activities that are directly or indirectly related to the aforementioned purposes. The company may grant direct or indirect loans or other financing to third parties, as well as provide securities of any kind, either gratuitously or for a fee. Third parties also include direct and indirect shareholders of the company, as well as companies in which direct or indirect shareholders of the company are involved. In addition, the company may conclude cash pooling agreements with other group companies.