The purpose of the company is to acquire, manage and sell participations as well as to conduct financial transactions of all kinds as a family-run business. The company may acquire, hold and sell real estate, establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business that is directly or indirectly related to its purpose. Furthermore, the company may provide financing of any kind for its own account or for the account of third parties and/or take advantage of such financing, in particular by entering into loan or security transactions with or for direct or indirect parent, subsidiary or other group companies, even if such financing and security transactions are in the exclusive interest of these subsidiary and other group companies. The company may also provide management services to parent, subsidiary or other group companies.