The company's purpose is to operate a shipyard for sailboats, motorboats and rowing boats, provide services in the field of water sports, provide services in the field of boat building, maintenance and servicing of boats and engines, sell new boats and engines, perform exhaust maintenance, as well as produce and coat glass fiber reinforced plastics and carry out transports. 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 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 and grant securities for liabilities of affiliated companies.