The purpose of the company is the development, production and sale of controls, machines and devices, trade and repairs in the fields of hydraulics, electric drives, drive technology and electronics, as well as the provision of related services. The company may establish branches in Switzerland and abroad, take over the operation of related business activities, participate in other companies in Switzerland and abroad, assume representations and enter into all transactions and conclude contracts that may be suitable to promote the purpose of the company or that are directly or indirectly related to it. It may acquire, manage and dispose of real estate, copyrights, patents and licenses of all kinds.