The company's purpose is: 'the import, distribution, wholesale and retail sale, in Switzerland and abroad, of all goods for the equipment of the home and the person; the purchase, sale, rental, repair and import-export of all vehicles; the acquisition, development, sale and trade of all real estate in Switzerland and abroad; the operation of all enterprises converging with its purposes. It may carry out all operations related to this activity as well as all operations of a nature to promote the purpose and interest of the company. It may create branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire companies with similar purposes, merge with such companies and conclude all contracts suitable for developing or achieving its purpose or related thereto directly or indirectly.'