The purpose of the company is to operate, rent, manage and sell sailboats and motorboats as well as nautical accessories and services for the employment and provision of temporary or permanent personnel, and the development and implementation of software. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business 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 or for third-party account, as well as grant guarantees and sureties for subsidiaries and third parties. It may acquire, develop, manage and exploit patents, trademarks, licenses, manufacturing processes and intellectual property rights.