The company's purpose is to establish, manage and operate subsidiaries, as well as to manage and utilize participations in other companies in Switzerland and abroad. The company may act as a holding company and take over the management and control of its subsidiaries. Furthermore, the company may provide services in the areas of management, finance, human resources, marketing and corporate development to its subsidiaries. The company may establish branches and subsidiaries 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. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as provide securities for liabilities of affiliated companies and third parties.