The company's purpose is any activity related to the field of heating, ventilation and air conditioning. The company may establish branches and subsidiaries in Switzerland and abroad and take participations in other companies in Switzerland and abroad as well as carry out all operations that are in direct or indirect relation to its corporate purpose. The company may acquire, mortgage, sell and manage real estate. It may carry out financing for its own account or for the account of third parties as well as grant guarantees and securities to its subsidiaries and third parties.