The company's purpose is to operate a boatyard and boat driving school, and to provide all services related thereto, as well as trade, repair and maintenance services for watercraft, motor vehicles and trailers; trade in spare parts; rental of storage spaces and provision of breakdown services. The company may establish branches and subsidiaries in Switzerland and abroad, and participate in other companies in Switzerland and abroad, as well as conduct all business 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 guarantees and sureties for its subsidiaries and third parties.