Acquisition, management and disposal of participations in other companies, holding and management of real estate in Switzerland and abroad, trading in goods of all kinds, as well as provision of training and consulting services. The company may establish branches and subsidiaries in Switzerland and abroad, participate in, acquire or merge with other companies in Switzerland and abroad, provide financing for its own account or for third-party account, grant guarantees and warranties for subsidiaries and third parties, acquire, encumber, manage or dispose of real estate and licenses in Switzerland and abroad, acquire, exploit or dispose of patents, trademarks, design rights, copyrights and other industrial property rights in any form.