The acquisition, long-term holding, management and sale of participations in any form (holdings) in companies and entities with headquarters both in Switzerland and abroad in the industrial, commercial, financial and service sectors. The company may acquire, manage, exploit and sell licenses, patents and royalties. The company is authorized to establish branches, affiliated companies, as well as foundations both in Switzerland and abroad, and may participate in other companies. The company may grant direct or indirect financing to third parties, including shareholders of the company or companies in which they participate, through loans or other financing methods, as well as through guarantees of any kind, with or without consideration. The company is authorized to purchase and encumber funds both in Switzerland and abroad for its own use and/or to achieve its social purpose. The company is authorized to carry out any further activity aimed at achieving the social purposes or objects mentioned in the preceding points or in any way connected with them, both in Switzerland and abroad. The company may also carry out any other commercial, financial or other operation that is useful for realizing and promoting its social purpose.