The company's purpose is to trade in mechanical, electrical and electronic devices of all kinds, in particular motors, regulators and drives in the fields of mechatronics, automation and engineering, as well as consulting in the field of automation. The company may also participate in, found, acquire and merge with other companies of any kind in Switzerland and abroad. It may acquire, encumber and sell real estate and intellectual property rights in Switzerland and abroad, and establish branches and agencies in Switzerland or abroad by decision of the management. The company may carry out all commercial, financial and other activities that are connected with the company's purpose. The company may grant loans or other financing to its direct or indirect parent company and to all other group companies, and provide security of any kind for liabilities of such other companies, including by way of pledges on or fiduciary transfers of the company's assets or guarantees of any kind, whether against payment or not.
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