The purchase, sale, administration and management of participations in all companies or enterprises in Switzerland or abroad, with the exception of companies holding residential real estate. The company may carry out all financial, commercial, industrial, movable and immovable transactions (with the exception of transactions prohibited by the LFAIE) in Switzerland and abroad, directly or indirectly related to the main purpose, either on its own account or on behalf of third parties. It may also establish branches and subsidiaries in Switzerland and abroad. The company may also grant loans to subsidiaries, shareholders or third parties and/or guarantee, secure or co-sign loans granted by third parties to subsidiaries, shareholders or third parties.