The company's purpose is to acquire, hold, manage, sell, trade and finance participations in other companies. The company may establish branches and subsidiaries in Switzerland and abroad and is authorized to acquire, encumber, sell and manage real estate and securities in Switzerland and abroad. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other domestic and foreign companies, acquire and establish similar or related businesses. The company is authorized to acquire, encumber, sell and manage real estate and securities in Switzerland and abroad. Furthermore, the company may conduct any business that is suitable to promote the development of the company and the achievement of its purpose.