The company's purpose is to acquire and manage domestic and foreign participations in the sense of a holding company, as well as to take over management, control and coordination functions. The company may establish branches and subsidiaries in Switzerland and abroad. The company may conduct business with or for the benefit of related parties, in particular its direct and indirect shareholders and other group companies, without adequate consideration, including granting loans to these persons or issuing guarantees, sureties, pledges or other securities to secure their liabilities. The company may acquire, manage, encumber and sell real estate and participations in Switzerland and abroad. The company may engage in any further activity that is directly or indirectly related to the aforementioned purposes.