The company's purpose is the permanent management of participations and the associated acquisition, management and disposal of participations in domestic and foreign companies. The company may engage in all commercial, financial and other activities and transactions that are directly or indirectly related to its purpose. In this sense, it may also provide financing for its own account or for the account of third parties, as well as guarantees and sureties for subsidiaries and third parties. The company is particularly authorized to acquire, encumber, dispose of and manage real estate in Switzerland and abroad. The company may acquire or dispose of ports in Switzerland and abroad, including associated land, sea and maritime rights and installations, and may also build sea ports. The company may engage in trade with boats and nautical articles, as well as provide services in the field of nautical tourism. Furthermore, the company may conduct all business that is suitable to promote the development of the company and the achievement of its purpose.
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