Acquisition, financing, purchase, holding, management, administration, encumbrance, sale and utilization of participations in any form in companies of all kinds for own or third-party account, the related consulting, exercise of all other functions associated with a holding company, in particular assumption of management, leadership and control functions, assumption of management tasks, assumption of representations, financing, investment of capital of any kind, management of capital investments of any kind and provision of consulting services of any kind; can establish, dissolve or liquidate subsidiaries and other companies of all kinds, establish, dissolve or liquidate branches and other representations in any form, participate in subsidiaries and other companies of all kinds, merge with subsidiaries and other companies of all kinds, acquire or sell companies of all kinds, or sell subsidiaries or participations in other companies, mediate, finance, grant, acquire, hold, manage, administer, use, rent, encumber, sell or utilize any other type of securities, participations, capital investments, licenses, patents, trademarks, know-how and any other intangible values or rights and movable assets, mediate, finance, create, acquire, hold, manage, administer, use, rent, build, rebuild, renovate, encumber, sell or utilize real estate of any kind, trade in assets and raw materials of all kinds, take out loans and credits for itself, subsidiaries, shareholders and third parties, grant loans and credits to subsidiaries, shareholders and third parties, commit itself as guarantor for loans and credits from subsidiaries, shareholders or third parties or provide other guarantees of any kind, in particular by pledging, fiduciary transfer or provision of other securities, assume and take over exchange liabilities and make capital investments and financing for own or third-party account.