The company's purpose is: manufacturing and marketing of cutting tools, machining tools, machine tools and machine tool elements, and any activity directly or indirectly related to this corporate purpose, as well as the marketing of new and used articles of all origins. It may establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire companies with an identical or similar purpose, or merge with such companies, acquire or sell real estate, carry out all operations and conclude all contracts suitable for developing and expanding its purpose or directly or indirectly related to it.