The company's purpose is to acquire, hold, manage, exploit and sell participations. The company can enter into all transactions and conclude contracts that are suitable to promote the purpose of the company or that are directly or indirectly related to it. In particular, it can acquire, exploit and sell rights, patents and licenses. Furthermore, it can establish branches in Switzerland and abroad and participate in or merge with other companies. Additionally, the company can create, acquire, encumber and sell real estate.