The company's purpose is the acquisition, holding, administration and sale, on its own account and not as a fiduciary, of participations in companies, commercial, financial and industrial enterprises with headquarters in Switzerland and abroad as a holding company, in particular in companies active in the field of production and marketing of electronic equipment and electromechanical equipment including electric motors, as well as related products. The company may carry out any commercial, industrial and financial operation connected and/or instrumental to the main commercial activity also in favor of other controlled and/or affiliated companies belonging to the group, including the provision and receipt, also without consideration and solely in the interest of the beneficiary, of intra-group financing and guarantees. The company may open branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad; represent third parties, exercise activities and conclude agreements aimed at promoting the purpose of the company, or which are directly or indirectly related to it. The company may also acquire, encumber, manage, administer, lease and sell real estate in Switzerland and abroad, as well as participate in real estate companies and enterprises with headquarters and/or activities in Switzerland and abroad, in compliance with the applicable regulations. Any activity carried out in the real estate sector is not directed towards third parties but is exclusively limited to real estate for its own account.
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