The purpose of the company is to acquire and manage participations in companies of any kind in Switzerland and abroad, in particular in companies that manufacture and trade machine elements, machines, devices and tools of all kinds. Furthermore, it aims to centrally manage these companies, finance them and provide them with additional services. The company can establish new subsidiaries or branches in Switzerland and abroad. It can sell participations in whole or in part. In addition, the company can conduct all business that is suitable to promote or facilitate the development of the company and the achievement of its purpose, such as acquiring, participating in, developing, managing and selling real estate or properties.