The purpose of the company is the manufacture, distribution, import and export of industrial products such as machines, devices and components of all kinds, as well as the provision of services of all kinds. The company also aims to develop hotel projects, build and renovate hotels, in particular the Kurpark hotel in Engelberg. 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, sell and manage real estate and intellectual property rights in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as provide guarantees and sureties for subsidiaries and third parties.