The company's purpose is to acquire and hold participations. The company may carry out all commercial and other activities that promote the purpose of the company or are directly or indirectly related to it. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. The company may also acquire, transfer, manage, develop and encumber real estate and patents. The company may engage in any other activity that is directly or indirectly related to the aforementioned purposes.