The company's purpose is the production, development and international distribution of thermal systems, in particular heating tapes, heating cables and accessories. The manufacture of complex accompanying heating systems for use in explosion-hazardous areas. Furthermore, the company aims to acquire, hold, rent and sell real estate and land in Switzerland and abroad. Trading in patents, trademark rights and other industrial property rights, as well as the acquisition, rental and sale of luxury vehicles of all kinds. The company can establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and carry out all legal transactions and conduct all business that is directly or indirectly related to its purpose. The company can acquire, hold, manage, encumber, utilize and sell real estate and intellectual property rights in Switzerland and abroad. It can also provide financing for its own account or for the account of third parties, as well as provide guarantees, sureties and securities of all kinds for affiliated companies and third parties, or otherwise secure or guarantee obligations of these companies.