The purpose of the company is the development and worldwide distribution of scales, instruments, measuring devices, systems, laboratory, commercial and industrial equipment, as well as the IT and network components (hardware and software) used with these products, supply chain management (procurement, monitoring of production and distribution with after-sales services), the operation of central warehouses, and the procurement and provision of logistics services of all kinds. Furthermore, the company provides services to affiliated companies and third parties, research and development, general contracting, and IT support. The company can establish subsidiaries and branches, as well as participate in other companies. The company can acquire, hold, encumber, and sell real estate and intellectual property rights. The company can also engage in all commercial, financial, and other activities that are directly or indirectly related to the purpose of the company. The company can grant loans and other direct or indirect financing to group companies and third parties, including its (direct and indirect) shareholders and their group companies, including within the framework of cash pooling agreements, and provide security of all kinds for their liabilities, including by way of pledges on or fiduciary transfers of the company's assets or guarantees of any kind, whether remunerated or not.