The company's purpose is the acquisition and administration of participations in commercial, industrial and financial enterprises located in Switzerland or abroad, as well as the purchase, sale and management of securities and the placement of capital. The company may establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire companies with an identical or similar purpose, or merge with such companies, acquire, manage and dispose of real estate, carry out all operations and conclude all contracts suitable for developing its purpose or related thereto directly or indirectly.