The purpose of the company is to acquire, hold and manage participations in companies, as well as to carry out all trade and financial transactions directly or indirectly related thereto. The company may establish branches and subsidiaries in Switzerland and abroad, participate in, acquire, or establish other companies in Switzerland and abroad, acquire industrial property rights and know-how, and conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, and grant guarantees and sureties for its subsidiaries and third parties.