Acquisition, purchase, sale, administration and management of participations, directly or indirectly, in all companies or enterprises in Switzerland or abroad in the commercial or industrial sector. Furthermore, it may carry out, either on its own account or on behalf of third parties, all financial, commercial, movable or immovable transactions directly or indirectly related to its corporate purpose and may be interested, in any form, in all enterprises, in particular by acquiring participations in companies. The company may also establish branches and subsidiaries in Switzerland and abroad.