The purpose of the company is the sale of precision tools and accessories for machine, apparatus, mold and tool construction in the metal industry, as well as consulting, engineering, and problem-solving related to cutting tools, materials, and machines. The company may establish branches and subsidiaries at home and abroad and participate in other companies. The company is authorized to acquire, encumber, sell, and manage real estate at home and abroad. It may also provide financing for its own account or for the account of third parties, grant and take out loans, and provide guarantees and sureties for subsidiaries and third parties. Furthermore, the company may conduct all business that is suitable to promote the development of the company and the achievement of its purpose, in particular also acquire intellectual property rights and have trademarks protected.
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