The purpose of the company is to purchase, produce, assemble, distribute and sell all types of machinery and equipment for the textile industry as well as related products; to acquire, manage, exploit and transfer patents, trademarks and technical industrial knowledge, and to provide technical and administrative consulting services. The company may establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, take over representations and enter into all transactions and conclude contracts that may be suitable to promote the purpose of the company or that are directly or indirectly related to it. It may also provide financing for its own account or for the account of third parties, as well as guarantees and sureties for affiliated companies and third parties. It may acquire, manage and sell real estate.