The company's purpose is to acquire, manage, and dispose of interests in commercial, manufacturing, and service companies, particularly in the field of precision engineering and specifically in the machine tool industry. The company may, in particular, in Switzerland and abroad: acquire, manage, and dispose of intangible property rights, namely patents, trademarks, licenses, and designs; take out loans and issue bonds; grant loans, acquire, encumber, manage, and dispose of real property; establish branches and subsidiaries and invest in other companies. Furthermore, the company may, in Switzerland and abroad, conduct all business and financial transactions that are directly or indirectly related to the company's purpose, promote its achievement, or facilitate the development of the company. The company may also participate in group financing, namely by granting loans to other group companies or providing guarantees or other securities of any kind for their liabilities to third parties.