The acquisition, holding and administration of participations, in any form (Holding) in companies and entities, and in particular the participation in Swiss and foreign companies, for the realization of initiatives and the development of activities in the industrial, commercial, real estate, financial and service sectors; the purchase, sale, holding, transfer, administration and placement of shares, participation rights, bonds, the assumption and placement of bond loans; the direct or indirect financing of group companies or third-party companies; the control, consulting and coordination on a strategic, financial, technical and administrative level of the activities of the group companies; the provision of administrative, accounting and management services to group companies. The acquisition, administration, sale, exploitation of trademarks, patents and licenses as well as industrial and intellectual property of all kinds. The company may enter into all transactions and contracts that are suitable to promote the purpose of the company or that are in any case in a direct or indirect relationship with the achievement of the same purpose, carry out any financial operation and transaction, and in particular grant and accept guarantees, including real and surety guarantees of any kind. It may carry out all activities that are suitable to facilitate the achievement of the social purpose of the holding and/or the group, including the acquisition, purchase and sale, and administration of real estate of any kind in Switzerland and abroad. The company may participate in any form in similar enterprises and establish branches in Switzerland and abroad.