The company is a holding company with the purpose of acquiring, holding and selling participations in other companies. It may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide services of all kinds to group companies. The company may also engage in any commercial, industrial or financial activities in any sector. Furthermore, the company may provide, directly or indirectly, for consideration or free of charge, secured or unsecured financing to group companies, including direct or indirect shareholders or subsidiaries, or third parties, also in the sole interest of these group companies or third parties.