The company's purpose is to hold participations in industrial, commercial, real estate companies, as well as patents, know-how and trademarks. It may also participate in similar companies, as well as carry out all financial and securities transactions connected with the company's purpose. The company may also acquire, encumber, manage, administer and sell real estate in Switzerland and abroad. However, real estate in Switzerland or participations in real estate companies and enterprises with real estate in Switzerland may only be acquired in accordance with the rules established by the Federal Act on the Acquisition of Real Estate by Foreigners (LAFE). The company may establish branches and/or subsidiaries in Switzerland and/or abroad.