The company's purpose is the extraction, production, processing, import and export of, as well as trade in, building materials of all kinds, and in particular sanitary appliances and installations, as well as wall and floor tiles. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, acquire or establish similar or related companies. The company is authorized to acquire, encumber, sell and manage real estate and securities, as well as intellectual property rights (patents, licenses, etc.) in Switzerland and abroad. Furthermore, the company may conduct all business that is suitable to promote the development of the company and the achievement of its purpose.