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Festina is a Spanish watch conglomerate. In 1985, businessman Miguel Rodríguez acquired Festina, a brand founded in Switzerland in 1902, thus forming the Festina-Lotus Group.
In 1975, Georges Uhlmann, an entrepreneur who had a significant presence in the Spanish and Italian markets, acquired the firm. In 1984, the Spanish businessman Miguel Rodríguez, from La Linea de la Concepción (Cadiz), acquired the Festina brand and all its rights.
The Festina name is derived from the Latin " Festina lente" which means: " Make haste, slowly", a phrase that, according to Roman historian, Suetonius, is attributed to Augustus Caesar, known for his prudence: "Walk slowly if you want to arrive at a well-done job sooner".
The Festina Group brands Jaguar, Candino and Perrelet are Swiss made. In 2002, Festina acquired the Swiss watch brand Candino.In 2004, Festina acquired the luxury watch brand, Perrelet, founded in 1777 by the prestigious watchmaker Abraham-Louis Perrelet.
Festina sponsored the German football club TSV 1860 Munich between 2005 and 2006.
In 2016, actor Gerard Butler became an ambassador for the brand and its campaigns worldwide positioned it in the lifestyle category.
The Group currently owns seven different brands of watches. Calypso, Lotus, Festina, Jaguar and Candino, and two luxury brands, Perrelet and L.Leroy. Festina also owns two jewellery brands, Lotus Style and Lotus Silver.
The headquarters of the group is in Madrid, with a logistics centre in Barcelona. Its main production centres are in Switzerland and Spain. The Group, which has seven subsidiaries (France, Germany, Italy, Benelux, Switzerland, Czech Republic, Poland and Chile), is present in more than 90 countries on five continents with more than five million watches sold per year.
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