The company's purpose is to buy, sell, trade, service, repair and rent household appliances and electrical articles. Furthermore, it provides services in kitchen and bathroom construction and trades in goods of all kinds on its own account or on behalf of third parties. The company can establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. The company can acquire, encumber, sell and manage real estate in Switzerland and abroad. It can also provide financing for its own account or for the account of third parties, as well as provide guarantees and sureties for subsidiaries and third parties.