The purpose of the company is to acquire, hold, manage, operate and dispose of participations in commercial, financial and industrial companies in Switzerland and abroad in the sense of a holding company, with the exception of businesses prohibited by the Federal Act on the Acquisition of Real Estate by Persons Abroad (BewG). The company may establish branches and subsidiaries in Switzerland and abroad and conduct all business directly or indirectly related to its purpose. It may acquire, hold, encumber and sell real estate in Switzerland and abroad. It may acquire, manage, transfer and exploit intellectual property rights such as patents and trademarks in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as grant securities for liabilities of affiliated companies and third parties.