The company's purpose is to trade, repair, maintain, troubleshoot, assemble, disassemble, modernize and execute all work in the field of vertical mobility, in particular for elevators, escalators, private elevators (Home lift), stair chairs, freight elevators and car lifts. The company may also engage in any other activity that has a direct or indirect connection with these purposes; it may in particular create branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire companies with an identical or similar purpose, or merge with such companies, carry out all operations and conclude all contracts suitable for developing and expanding its purpose or relating directly or indirectly thereto.