The company's purpose is to acquire, manage on a long-term basis and sell participations in companies or holding companies. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. It may grant and take out loans, provide guarantees and other securities and conduct all business that is suitable to promote the purpose of the company. The company may acquire, hold and sell real estate. Furthermore, the company may carry out all commercial, financial and other activities that are related to the purpose of the company.