The company's purpose is to trade in materials and products of materials and heat treatment technology as well as testing equipment, to manufacture and trade in tools of all kinds, to develop processes in the field of heat treatment and vacuum welding technology, and to perform contract finishing treatments in all areas of materials technology. The company also provides consulting services in the fields of materials technology, heat treatment, quality assurance, and conducts seminars and operates an industrial laboratory for materials technology. Furthermore, the company aims to acquire, sell and manage participations in domestic and foreign industrial and commercial companies of all kinds. The company may also acquire, manage and exploit rights of all kinds, in particular intellectual and industrial property rights. The company can 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 can acquire, encumber, sell and manage real estate in Switzerland and abroad. It can also provide financing for its own account or for third-party account, as well as provide guarantees and sureties for subsidiaries and third parties.