The company's purpose is the planning, opening and management of nurseries for children and toddlers, kindergartens and similar institutions, on behalf of third parties and on its own account, the development and provision of products and services in the field of childcare and childcare, the trade in such products and services as well as products provided by third parties in the field of childcare and childcare on behalf of third parties and on its own account, as well as activities in accordance with the Federal Law on Employment Services and the Rental of Services. The company may also hold participations in companies of any kind in Switzerland and abroad, establish such companies, acquire or merge with them. It may acquire, manage, encumber and transfer real estate or intellectual property rights in Switzerland and abroad. The company may establish branches or agencies in Switzerland and abroad by decision of the managers. The company may grant loans or other financing to its direct or indirect associates as well as to all other group companies and may provide guarantees of any kind for the obligations of such companies and associates, including by way of pledge or transfer of assets of the company as trustee or other guarantees of any kind.