The company's purpose is to trade in and install sanitary and heating systems. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. The company may acquire, encumber, hold and sell real estate. The company may acquire, exploit, grant and sell patents, patent rights, trademarks, trade names, trademark protection rights, licenses and other intellectual property rights, as well as trade in goods of all kinds. Furthermore, the company may carry out all commercial, financial and other activities that are connected with the company's purpose, whether on its own account or as a trustee.