The purpose of the company is to acquire and permanently manage participations in companies and to finance companies closely related to the company in Switzerland and abroad. The company may engage in any industrial, commercial, financial and other activities in Switzerland and abroad, carry out transactions and conclude legal transactions that are directly or indirectly related to the purpose of the company or are suitable to facilitate or promote its achievement and/or the development of the company. As a result, the company may in particular establish, set up, dissolve or liquidate companies of any kind, branches and other representations in any form in Switzerland and abroad, participate in other companies of any kind in Switzerland and abroad, merge with other companies of any kind, acquire or sell participations in other companies. The company may also develop, create, produce, register, broker, finance, grant, license, acquire, hold, manage, administer, use, lease to third parties, encumber, trade, sell or exploit any other type of securities, capital investments, intangible assets or rights, raw materials of any kind, movable assets of any kind as well as real estate of any kind in Switzerland and abroad, and conclude any other legal transactions related to these assets. Furthermore, the company may also take out loans and credits for itself, its closely related companies, shareholders and third parties, grant loans and credits to its closely related companies, shareholders and third parties, act as guarantor for loans and credits from its closely related companies, shareholders or third parties, or provide other guarantees or securities of any kind, in particular by pledging or fiduciary transfer, and assume exchange liabilities. Finally, the company is also authorized to carry out any other form of short-term, medium-term or long-term investments, borrowings, financings and financial transactions for its own account or for the account of third parties.