The main purpose of the company is to acquire, hold, manage and dispose of participations in companies in Switzerland and abroad. 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, dispose of and manage real estate in Switzerland and abroad. It may also provide financing on its own account or on behalf of others as well as provide guarantees and sureties for subsidiaries and third parties.