The company's purpose is the development, manufacture, leasing and distribution of products for mechanical engineering as well as the provision of engineering services. Furthermore, the company aims to acquire and manage participations in companies. The company can establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. The company can acquire, encumber, sell and manage real estate in Switzerland and abroad. It can also provide financing for its own account or for the account of third parties, as well as grant guarantees and warranties for subsidiaries and third parties.