The company's purpose is to acquire, hold and sell participations in companies in Switzerland and abroad, as well as to carry out all activities directly or indirectly related thereto. The company may enter into all commercial, financial and legal transactions and conclude contracts that are suitable to promote the purpose of the company or are directly or indirectly related thereto. Furthermore, it may establish branches and subsidiaries in Switzerland and abroad, participate in other companies, acquire or establish similar or related companies. It may also acquire, encumber, manage and sell its own and/or third-party assets, in particular real estate, intellectual property rights and securities, in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties in Switzerland and abroad, as well as grant guarantees and sureties for subsidiaries and third parties.