The company's purpose is to develop and establish specialist purchasing centers for building and home improvement as well as do-it-yourself needs, to acquire, broker and manage franchise rights, licenses and know-how, and to execute advertising contracts. The company may establish subsidiaries and branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, hold and manage intellectual property rights, acquire and sell real estate, and enter into all transactions and conclude contracts that are directly or indirectly related to the company's purpose, or that promote companies that are controlled by the same shareholders in terms of capital and voting rights. The company may conduct financing transactions and provide security for obligations of its shareholders and affiliated companies, in particular in the form of guarantees, pledges, global assignments and security transfers.