The company's purpose is to acquire and permanently manage participations in Switzerland and abroad. The company may establish branches and subsidiaries in Switzerland and abroad, found related companies, participate in other companies in Switzerland and abroad, and in general conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. Furthermore, it may conduct business that is suitable to promote the development of the company and the achievement of the company's purpose directly or indirectly.