The company's purpose is the trade of goods, in particular pharmaceutical and cosmetic products. The company may open branches and subsidiaries in Switzerland and abroad and acquire participations in other companies in Switzerland and abroad. The company may carry out all operations directly or indirectly connected to its purpose. The company may acquire, hold, encumber and sell real estate in Switzerland and abroad. The company may acquire, manage and exploit patents and licenses. Furthermore, it may carry out financing for its own account or for third parties and grant guarantees and sureties for controlled companies and third parties.