The company's purpose is to repair, trade and advise on textile machines and devices of all kinds, their spare parts and accessories. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also enter into all transactions and conclude contracts that are suitable to promote the purpose of the company.