The purpose of the company is to acquire, manage and dispose of participations in domestic and foreign companies of all kinds. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies. The company may acquire, hold and dispose of real estate. The company may acquire, encumber, dispose of and manage real estate 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 for liabilities of affiliated companies and provide loans to affiliated companies. Furthermore, the company may conduct all business that is suitable to promote the development of the company and the achievement of its purpose, directly or indirectly.