The company's purpose is to import and trade in nautical articles, sports articles, leisure and outdoor clothing, diving equipment, boats, boat engines and accessories, electronic articles and software, trade in rigging, wire ropes and industrial products, provide services to watercraft on land and on water, and conduct training in the field of nautical knowledge. The company may conduct all business that is directly or indirectly related to the purpose and participate in other companies of the same or similar industry and establish branches in Switzerland and abroad. The company may also acquire, encumber or sell real estate and intellectual property, such as patents, licenses and other intangible assets.