The company's purpose is to engage in activities as a contractor, manufacturer, importer, exporter, lessor, commission agent, trader, agent, designer, wholesaler and retailer of and service provider in connection with all types of instruments, relay control devices, motors, spare parts and components, in particular in the fields of mechanics and electrical engineering as well as in the construction industry in general. The company may 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 may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as provide guarantees and sureties for subsidiaries and third parties.