The object of the company is the research, development, project planning, design, manufacture and sale of heat exchangers of all kinds as well as other machines and systems. The Company may carry out all transactions and take all measures that are related to the object of the company or are suitable to serve it directly or indirectly (including the granting of securities to affiliated companies within the meaning of § 15 AktG). The Company may, in particular, establish branches, permanent establishments and subsidiaries at home and abroad to establish other companies, acquire or participate in such companies and sign intercompany agreements of any kind. The Company may combine companies in which it holds interests under its unified management or limit itself to the management of the investment.