The company's purpose is to acquire, hold, manage and dispose of participations in companies of all kinds in Switzerland and abroad. The company may 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 may acquire, hold, encumber, sell, rent and manage real estate in Switzerland and abroad. The company may also hold, manage and exploit intellectual property rights and grant loans or other financing to affiliated companies and third parties, and create securities of all kinds for the direct or indirect benefit of affiliated companies or third parties, in particular in the form of guarantees, pledges or fiduciary transfers of the company's assets.