The purpose of the company is the recycling of vehicles and other means of transport of all kinds, the trade in spare parts and the trade in accident and second-hand vehicles. The company also aims to dispose of and recycle all types of waste and materials and trade in all types of goods. The company can carry out transports. The company can acquire, encumber, manage, rent and sell real estate. It can set up subsidiaries and branches in Germany and abroad and invest in other companies in Germany and abroad. It can grant loans or other financing to companies and third parties with voting and / or capital affiliations and provide securities of all kinds for their liabilities, including guarantees, Liens and fiduciary transfers of company assets. It can acquire, encumber, manage and sell copyrights, patents and licenses of all kinds. It can also conduct all business that is suitable for promoting the development of the company and the achievement of the company's purpose.