The purpose of the company is to acquire, hold, manage and dispose of participations in companies in Switzerland and abroad. In addition, the company may carry out procurement and logistics activities outside of Switzerland, namely the selection, inspection, acquisition, transportation and disposal of goods for itself and for other companies of the Ferguson Group. The company may also conclude all transactions and enter into agreements that serve the company's purpose directly or indirectly or are directly related to it. The company may grant loans or other financing to its direct or indirect parent companies or participants, as well as their direct or indirect subsidiaries, and provide collateral of all kinds for liabilities of such companies, including by way of pledges on or fiduciary transfers of the company's assets or guarantees of any kind, whether against payment or not. The company may establish branches and subsidiaries in Switzerland and abroad and acquire, hold, manage and dispose of real estate.