The purpose of the company is the manufacture and distribution of instruments, tools and precision machine parts. The company may extend its activities to related industries, acquire, sell and manage real estate, and acquire or participate in similar companies. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. The company may acquire, hold and sell real estate. The company may carry out all commercial, financial and other activities that are connected with the purpose of the company. It may also grant guarantees, sureties and other securities in favor of group companies, including parent and sister companies.