The purpose of the company is to acquire and manage participations, shares and other business interests. The company may also acquire and manage other movable and immovable assets, to the extent that they are compatible with the character of a holding company, such as shares of real estate companies, commercial and industrial enterprises. The company's purpose also includes the acquisition and exploitation of intangible assets such as patents and licenses, as well as the conclusion and exploitation of contracts of all kinds. The company may engage in all business, carry out activities and conclude contracts that are suitable to promote the purpose of the company or are directly or indirectly related to it. Furthermore, it may establish branch offices in Switzerland and abroad, participate in or acquire other companies. The company may also acquire, develop, encumber and sell real estate.