The acquisition, holding, sale, management and administration of all participations in all companies or enterprises in Switzerland and abroad. The company may carry out, either on its own account or on behalf of third parties, all commercial, movable, immovable and financial transactions directly or indirectly related to its purpose and may be interested in any form in all similar enterprises. Finally, the company may establish branches in Switzerland and abroad. It may grant or guarantee loans or advances to its associates, close relatives or subsidiaries.