The purpose of the company is to acquire, hold, manage and dispose of participations in other companies in Switzerland and abroad. The company can acquire, encumber, manage and dispose of real estate. It can establish subsidiaries and branches in Switzerland and abroad. It can provide financing for its own account or for the account of third parties, as well as provide guarantees and sureties for subsidiaries and third parties. It can acquire, encumber, manage and dispose of copyrights, patents and licenses of all kinds. Furthermore, it can conduct all business that is suitable to promote the development of the company and the achievement of its purpose.