The company's purpose is to acquire, hold and sell participations as well as to manage and finance them. The company may also conclude all transactions and enter into agreements that serve the company's purpose and the purpose of the group companies directly or indirectly or are directly related thereto (including the acquisition, holding, management, granting or disposal of intellectual property rights of all kinds). 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, 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 warranties for subsidiaries and third parties.