Acquisition, establishment, sale and ongoing management of participations in companies of all kinds in Switzerland and abroad, in particular in the areas of trade, services and real estate. May carry out all commercial, financial and other activities related to the purpose for itself or for its subsidiaries. May acquire, encumber, hold and sell properties and intellectual property rights. May provide financing for its own account or for the account of third parties, as well as guarantees and sureties for subsidiaries and third parties.