The company's purpose is to acquire, hold, manage and dispose of participations, as well as to perform related tasks in the areas of management and organization. The company may establish branches and subsidiaries in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as grant guarantees and sureties for subsidiaries and third parties. The company is authorized to acquire, encumber, sell and manage real estate in Switzerland and abroad. Furthermore, the company may conduct any business that is suitable to promote the development of the company and the achievement of its purpose.