The company's purpose is the creation, development, manufacture and trade of watches under the brand 'Paul Buhré' as well as products of all kinds from the watch industry, restoration of and trade with antique watches and other antiques both domestically and abroad. Furthermore, the company's purpose is the trade of goods of all kinds. The company is authorized to participate in other companies in Switzerland and abroad that pursue the same or similar purposes, acquire or lease such companies, and enter into all transactions and conclude contracts that are directly or indirectly related to the company's purpose or are suitable for promoting it. The company may acquire, manage and sell real estate. The company may establish branches in Switzerland and abroad.