The purpose of the company is the development, manufacture, distribution, import and export, as well as the provision of services of any kind for: electrical appliances, machines and systems, in particular laser systems for plastics processing in industry and trade, electrical appliances for various applications in the craftsman and DIY sector; modules and components for installation in machines and devices, in particular for process heat. The company can establish subsidiaries and branches in Switzerland and abroad and participate in other companies in Switzerland and abroad. It can acquire, hold and sell real estate. The company can also carry out all commercial, financial and other activities that are directly or indirectly related to the purpose of the company. The company is authorized to take financing, restructuring and intercession measures in favor of shareholders, group companies or third parties, as well as to grant loans to shareholders, group companies or third parties or to provide security for their obligations.