The acquisition, administration and management of direct and indirect participations in all companies, in Switzerland or abroad, in the sense of a holding company, with the holding of commercial properties as the case may be. The company may also carry out, either on its own account or on behalf of third parties, all commercial, movable and financial transactions in direct or indirect connection with its purpose, in any form whatsoever, in particular in the form of participations. The company may open branches in Switzerland and abroad, found or acquire any company pursuing an analogous or complementary purpose. The company may grant loans or guarantees to its members or to third parties.