Acquisition, permanent holding, management and disposal of participations in companies and undertakings in Switzerland and abroad. Provision of strategic and operational management, consulting and administrative services for the benefit of participating companies and undertakings in Switzerland and abroad, as well as other natural and legal persons. The company may establish, hold, manage and dispose of companies and undertakings in Switzerland and abroad, or merge with such companies. The company may also acquire, hold, manage, encumber and dispose of real estate in Switzerland and abroad, and carry out all financial, commercial and other activities for its own account or for the account of third parties, as well as provide guarantees and sureties for subsidiaries and third parties, which are directly or indirectly related to the purpose of the company. The company may establish branches and subsidiaries in Switzerland and abroad.