The company's purpose is to acquire, hold and dispose of participations. The company may establish branches and subsidiaries in Switzerland and abroad and acquire, manage and dispose of participations in other companies in Switzerland and abroad. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as grant guarantees and sureties for its subsidiaries and third parties. Furthermore, it may conduct all business that is directly or indirectly related to its purpose or the investment of its assets or is suitable to promote it.