The company is a subsidiary of the William Cook Group, a production organization based in England. The purpose of the company is to market and position the group's products. The group is a world leader in the development, manufacture, promotion and marketing of safety-critical components and assemblies for the rail, defense and energy industries. Thanks to Swiss technology, experience and tradition, the company can offer the development of special components or complete systems in Switzerland. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account and for the account of third parties, as well as provide guarantees and sureties for subsidiaries and third parties.