The acquisition, management and administration of participations in other companies in Switzerland and abroad, in the sense of a holding company, as well as any other activity having a direct or indirect connection with the aforementioned purpose. The company may carry out, either on its own account or on behalf of third parties, all financial, commercial, industrial, movable and immovable transactions in Switzerland and abroad, directly or indirectly related to the main purpose. It may also establish branches and subsidiaries in Switzerland and abroad. The company may also grant loans to its shareholders and/or guarantee, secure or co-sign loans granted by third parties to its shareholders.