The company's purpose is to acquire, hold and dispose of participations in other companies, in particular in the field of manufacturing and distribution of devices for laundry technology, heat technology and building technology, as well as for the use of renewable and sustainable energies. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as provide security for liabilities of affiliated companies.