The company's purpose is to develop, manufacture and distribute products and comprehensive solutions in the field of security technology, particularly for locking systems, access controls and security solutions. It offers consulting, planning, installation as well as maintenance and service services. The company can establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business that is directly or indirectly related to its purpose. The company can acquire, encumber, sell and manage real estate in Switzerland and abroad. It can also arrange financing for its own account or for the account of third parties, and provide securities for the liabilities of affiliated companies.