The company's purpose is: the acquisition, administration, and sale of participations in companies of all types in Switzerland and abroad in the industrial, commercial, financial, and service sectors. The Company may carry out real estate transactions on its own account, such as the acquisition, rental, construction, renovation, administration, and management of properties. The Company may borrow and grant loans, also to its branches, controlled companies and/or other companies. The Company may also provide guarantees or collateral, transfer, encumber or create and grant guarantees on all its assets or part of them. The Company may perform any commercial, financial or industrial operation suitable to promote, directly or indirectly, the company's purpose or connected therewith.