a) the acquisition and holding of participations in all Swiss or foreign companies that import, export, distribute and market all consumer goods, manufactured or not, wholesale or retail, in particular in the field of household appliances, both in Switzerland and abroad; b) the acquisition and holding of participations in all Swiss or foreign companies that carry out research and development of new products, licensed manufacturing and manufacturing on its own behalf of all products marketed by the Laurastar group; c) setting up financing for all necessary operations within the Laurastar group: to this end, the company may itself establish or finance companies in Switzerland or abroad; d) the exploitation, purchase and sale of patents, licenses and technology in all fields, in particular in the field of household appliances; e) all securities, real estate, financial and commercial transactions, both in Switzerland and abroad, that are likely to develop the aforementioned purposes of the company or that are directly or indirectly related to these purposes. The company may also create and manage branches in Switzerland and abroad.