Import, sale and distribution as well as provision of service work and assembly of peripheral devices for machine tools. 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. Is authorized to acquire, manage and dispose of participations in domestic and foreign companies and to manage its own assets. May acquire, encumber, sell and manage real estate in Switzerland and abroad, as well as conduct all business that is suitable to promote the development of the company and achieve its purpose.