The purpose of the company is to market, sell, contract and engage in all commercial, technical and financial activities related to all products of the Parker Hannifin group of companies, either directly or through a third party or through associated companies or branches. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. The company may grant loans or any other form of financing to companies of the same group, for consideration or free of charge. It may provide guarantees of any kind, for the direct or indirect benefit of companies of the same group or third parties, in particular in the form of guarantees, pledges or securities on the company's assets, for consideration or free of charge. The company may enter into cash pooling agreements with other group companies.