The company's purpose is to develop, design, distribute and trade textile composite materials and related technologies for industrial applications, particularly in the automotive sector, as well as provide related professional services. Furthermore, it aims to acquire, manage and exploit intellectual property rights. The company may establish branches in Switzerland and abroad, participate in other companies of any kind, take over representations and enter into any business and conclude contracts that may be suitable to promote the purpose of the company, or that are directly or indirectly related to it. It may acquire, lease, rent, encumber and sell real estate in Switzerland and abroad (in Switzerland, excluding transactions subject to the Federal Act on the Acquisition of Real Estate by Persons Abroad). It may also enter into loans for its own account or for the account of third parties, as well as guarantee and pledge transactions for affiliated companies and third parties. The company may acquire, hold, manage or sell any kind of debt or securities, within Switzerland or abroad.
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