The company's purpose is the design and development of couplings, brakes and drive technology, as well as the trade in these products. 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 provide financing for its own account or for the account of third parties, and grant securities for liabilities of affiliated companies. It may purchase, sell, use, manage and license licenses to third parties.