Acquisition, holding, management and disposal of assets of all kinds and of participations in companies. Only the company's assets and not those of third parties are managed, and the activities are not carried out on a commercial basis. The company may establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire similar or related companies or merge with them, and enter into all transactions and conclude contracts that are suitable to promote the purpose of the company or are directly or indirectly related to it. It may acquire, manage, encumber and dispose of real estate, intellectual property rights and licenses of all kinds.