The company's purpose is the purchase and sale and management of real estate, the wholesale and retail trade in household and consumer goods of all kinds, as well as the trade in and rental of vehicles, maintenance of vehicles and the operation of a garage. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, build on, sell, manage and administer real estate in Switzerland and abroad, as well as acquire patents and licenses.