The purpose of the company is the manufacture and development of, trade in, import and export of plants, apparatus, machines and parts of all kinds in the field of electrical engineering, electronics and mechanics, in particular industrial, dust and water vacuum cleaners as well as tool and cleaning machines and electric vehicles. It can also carry out installation, maintenance and repair work in this context. The company may establish branches and subsidiaries at home and abroad and participate in other companies at home and abroad as well as conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, dispose of and manage real estate at home and abroad. It may also provide financing for its own or third-party account and provide securities for the liabilities of affiliated companies.