The company's purpose is: acquisition, management and administration of participations in other companies in Switzerland and abroad, in the sense of a holding company, as well as acquisition and administration of securities. It may establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire companies with an identical or similar purpose, or merge with such companies, acquire or sell real estate, carry out all operations and conclude all contracts suitable for developing and expanding its purpose or related thereto directly or indirectly.