The company's purpose is to acquire, hold, manage and dispose of participations of all kinds. It may establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire or merge with similar or related companies, and enter into all transactions, conclude contracts and grant loans that are suitable to promote the purpose of the company or are directly or indirectly related to it. It may acquire, manage, encumber and dispose of real estate, copyrights, patents and licenses of all kinds.