Acquisition of direct and indirect participations in all companies, in the sense of a holding company, operating notably in the fields of trade in goods and products, business and asset consulting and management, acquisition, management and administration of participations and real estate, all commercial activities, acquisition, purchase, sale, administration, management and financing of participations; the company may carry out any financial or commercial operation, notably any transaction in securities or real estate, related to its purpose or likely to promote it; it may also create branches in Switzerland and abroad, take financial participations, grant loans to shareholders or third parties, found or finance companies having a direct or indirect connection with its purpose.