The company's purpose is to acquire, hold, manage and dispose of direct and indirect participations. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. The company may acquire, encumber, develop, 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 grant guarantees and sureties for subsidiaries and third parties. It may acquire, encumber, manage and dispose of copyrights, patents and licenses of all kinds. Furthermore, it may conduct all business that is suitable to promote the development of the company and the achievement of its purpose.