The company's purpose is to hold participations as well as to manufacture and distribute articles of all kinds. It may establish branches and agencies in Switzerland and abroad, acquire or establish similar and related businesses, acquire or sell real estate in Switzerland within the framework of the statutory provisions for the acquisition of real estate without authorization, and enter into all transactions and conclude contracts that are suitable to promote the purpose of the company directly or indirectly, or which concern the investment and management of the company's assets.