The company's purpose is to conduct commercial transactions of all kinds, particularly in hand tools, household appliances and household items; products of the optical industry, machines for the food industry, technical consumer goods, as well as machines, devices and tools of all kinds, motor vehicles, their components and accessories; acquisition and exploitation of patents and know-how. The company can 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 can acquire, encumber, sell and manage real estate in Switzerland and abroad. It can also provide financing for its own account or for the account of third parties, as well as provide securities for liabilities of affiliated companies.