The company acquires, holds and manages machines and production facilities as well as intellectual property rights (IP) and provides related services. It also aims to manufacture, trade, purchase and sell products for the quality, safety, preservation and control of water, as well as provide management, administrative, accounting and legal services within the Watts Group. In particular, the company can provide materials and machines for production processes and carry out import and export processes. It can establish branches in Switzerland and abroad, participate in similar or identical companies in Switzerland and abroad, and acquire, hold and sell real estate. The company can provide financing of any kind for its own account or for the account of third parties and/or take advantage of such financing, and in particular, enter into loan or security transactions for consideration or free of charge for or with direct or indirect parent, subsidiary and other affiliated companies, even if such financing, loan or security transactions are in the exclusive interest of these parent, subsidiary and other affiliated companies. The company can also provide management services to parent, subsidiary or other affiliated companies. Furthermore, it can conduct all business that is conducive to the purpose of the company.