The acquisition, sale, holding, administration and management of participations in the industrial sector. It may perform any act and exercise any activity that is directly or indirectly related to its purpose. It may establish branches and subsidiaries in Switzerland and abroad and may hold participations in other companies, provided that the company may hold, in Switzerland, a participation in a real estate company if (i) the shares of the latter are listed on a stock exchange in Switzerland or if (ii) the real estate company has the purpose of acquiring properties for exclusively commercial use. It may acquire, hold, encumber with limited real rights, administer and alienate properties in Switzerland (for exclusively commercial use only) and abroad. It may grant loans or any other form of financing to affiliated companies or third parties, as well as provide any type of security, for the direct or indirect benefit of affiliated companies or third parties.