The company's purpose is to acquire, hold, manage and sell participations in other companies in Switzerland and abroad. The company may acquire, encumber, manage and sell real estate. It may establish subsidiaries and branches in Switzerland and abroad. It may grant loans or other financing to affiliated companies and third parties and provide security for their liabilities of any kind, including guarantees, pledges and fiduciary transfers of the company's assets. It may acquire, encumber, manage and sell copyrights, patents and licenses of any kind. Furthermore, it may conduct any business that is suitable to promote the development of the company and the achievement of its purpose.