The company's purpose is the acquisition, administration and management of direct or indirect participations in all types of companies and enterprises in Switzerland and abroad, as well as the purchase, sale and holding of securities and intellectual property rights. The company may also carry out all commercial, financial, movable or immovable transactions, the latter to the extent that they are not subject to the Federal Act on the Acquisition of Real Estate by Foreigners of December 16, 1983 (LFAIE), take participations in other companies and, in general, carry out all operations having a direct or indirect connection with the company's purpose in Switzerland and abroad. The company may have subsidiaries or establish branches in Switzerland and abroad.