The company's purpose is to provide management and consulting services, as well as to acquire, hold, manage, sell and finance participations and properties. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and 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 enter into financing for its own account or for the account of third parties. Furthermore, the company may, even without adequate consideration, conduct business with or for the benefit of related parties, in particular its shareholders and other group companies, notably grant loans to these persons or provide guarantees, sureties, pledges or other securities to secure their liabilities.