The company's purpose is to acquire, manage and hold participations in companies of all kinds as well as other assets and to manage real estate. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and acquire or merge with similar or related companies. Furthermore, the company may acquire, exploit and manage licenses, concessions and rights, acquire, encumber, hold, sell and manage real estate. In addition, the company may engage in all commercial, financial and other activities that are suitable to promote the purpose of the company or are directly or indirectly related to it.