The purpose of the company is to trade in products of all kinds, as well as to buy, sell, hold and manage properties in Switzerland and abroad, to acquire, encumber and dispose of land, to build, rent and sell it, as well as to conduct all commercial and financial transactions directly or indirectly related thereto. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies. The company may conduct all business that is directly or indirectly related to its purpose. It may also provide financing for its own account or for the account of third parties, as well as grant guarantees and sureties for its subsidiaries and third parties.