Development, design, manufacture, distribution, trade and maintenance of ships, water sports equipment and accessories, as well as electrical, mechanical, optical, electronic and hydropneumatic devices and products of all kinds. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire, encumber, sell and manage real estate in Switzerland and abroad, carry out financing for its own account or for the account of third parties, and provide guarantees and sureties for subsidiaries and third parties.