The participation as a holding company in financial, industrial, commercial and real estate companies. It may acquire, hold, manage and sell participations in other companies and participate in other enterprises. It may grant financing to its subsidiaries, exercise control and coordination of the activities carried out by its affiliates, as well as carry out all activities related to its purpose. The company may also invest in activities of any kind and participate in other companies and may carry out all operations deemed useful or connected to the achievement of the company's purpose. The company may issue bond loans and warrants. The company may acquire, sell, administer and lease real estate abroad. It may also establish branches and/or subsidiaries both in Switzerland and abroad.