The company's purpose is to develop, produce and distribute consumer goods. The company may establish branches and subsidiaries in Switzerland and abroad, participate in companies in Switzerland and abroad, take over representations, enter into all transactions and conclude contracts, as well as undertake everything that promotes the company's purpose or falls directly or indirectly within the company's business area. The company may provide financing for its own account or for the account of third parties. The company may acquire, hold, manage, encumber and sell real estate as well as acquire, exploit, encumber and sell patents, licenses and other intellectual property. The company is authorized to take financing, restructuring and interim measures in favor of shareholders, group companies or third parties, as well as grant loans to shareholders, group companies or third parties or provide security for their obligations.