The purpose of the company is to operate a navigation school, rent out boats, teach water sports as well as provide service, repair and sell sports articles. The company may create branches in Switzerland and abroad, take stakes in other companies, acquire other companies or sell acquired companies. It may acquire, manage and sell real estate and securities. It may carry out all commercial and financial transactions likely to promote the achievement of its purpose. It may contract and grant loans, provide guarantees and other securities, acquire, manage and exploit intellectual property rights.