The company's purpose is the purchase, sale, repair and marketing of all household electrical appliances. In general, the company may create branches or subsidiaries in Switzerland and abroad, participate in other companies, acquire or establish companies with an identical or similar purpose, grant loans or guarantees to associates or third parties for consideration or free of charge, as well as pledge its own assets in favor of associates or third parties, carry out all financial, commercial, movable, immovable and other operations, both in Switzerland and abroad, and conclude all contracts suitable for developing its purpose or relating directly or indirectly thereto.