The company's purpose is to manage and administer, acquire and dispose of participations in companies of all kinds, as well as financing, particularly in the business areas of trade, services and real estate; it can carry out all commercial, financial and other activities that are connected with the purpose of the company. The company can establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as 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 the account of third parties, as well as grant guarantees and sureties for subsidiaries and third parties.