The company's purpose is to plan and develop, manufacture and trade in all types of machines and equipment for all types of industrial applications. The company may acquire, develop, manage and exploit patents, licenses and manufacturing processes, trade in goods and products of all kinds, finance and promote any type of business, acquire and sell real estate, and conduct other business to the extent necessary or useful for achieving its purpose. The company may establish subsidiaries, branches and agencies in Switzerland and abroad and participate in undertakings of the same kind.