The purpose of the company is the acquisition, possession, management, sale, trade and financing of participations in other companies. The company may open branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as carry out all transactions that are directly or indirectly connected to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also undertake financing on its own account or on behalf of third parties and grant guarantees and sureties for controlled companies and third parties.