The company's purpose is to research, develop, manufacture and market products in the field of refrigeration as well as air conditioning of swimming pool facilities and industrial processes, pre-cooling and cooling of food, pharmaceutical products and medical technology. The company may establish branches and subsidiaries and may participate in other companies, both in Switzerland and abroad, and in general, carry out any activity directly or indirectly related to its purpose. The company may acquire, hold and dispose of real estate, both in Switzerland and abroad. It may carry out, either on its own account or on behalf of third parties, all financial transactions as well as act as guarantor or surety for subsidiaries or third parties.