The company's purpose is to participate directly or indirectly, finance, purchase and sell domestic and foreign industrial, commercial, service, intellectual property and financial companies or other legal entities, in particular in the field of production of abrasives, climate technology, precision tools, construction chemicals, machinery and craftsmen's equipment. The company may establish branches and subsidiaries in Switzerland and abroad, acquire and sell businesses, and conduct all transactions that are directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate and other tangible and intangible assets. The company is part of a group and may consider the interests of the group in pursuing its corporate purpose. In particular, the company may grant loans and other direct or indirect financing to its direct and indirect subsidiaries as well as to third parties, including its direct and indirect shareholders and their direct and indirect subsidiaries, and provide security of any kind for the liabilities of these parties, including by way of pledges on or fiduciary transfers of the company's assets or guarantees of any kind, whether remunerated or not.