The company's purpose is to provide management, consulting, development, technical support, production, processing, procurement, and sales services for components, finished products, and instruments of all materials in the luxury, watchmaking, machinery industry, and industrial automation sectors, both in Switzerland and abroad. It may also develop, file, protect, acquire, hold, manage, and sell patents. The company may establish branches and subsidiaries in Switzerland and/or abroad and take stakes in other companies in Switzerland and abroad. The company may carry out all commercial, financial, or other operations directly or indirectly related to its purpose. Furthermore, the company may grant loans or other financing, either on a paid or unpaid basis, to its direct or indirect parent companies and their direct or indirect subsidiaries, and provide securities of all kinds for the obligations of these group companies, including guarantees, pledges, and fiduciary transfers of the company's assets.