The company's purpose is the development, production, distribution and trade of machine elements of all kinds, in particular in the field of industrial pneumatics and fluid technology; the acquisition and management of participations in other companies. The company can establish branches and subsidiaries in Switzerland and abroad. It can take out bond loans and loans, as well as acquire, develop, sell and encumber real estate. The company can conduct all business that is suitable to promote the development of the company and the achievement of its purpose.