Festina is a watch manufacturer. It was founded in 1902 in La Chaux-de-Fonds, Switzerland. The manufacture's motto was Festina Lente (Latin for 'Hasten slowly'). In 1984, Spanish industrialist Miguel Rodriguez, already owner of Lotus watches bought Festina and created the group Festina Lotus S.A.. Since this takeover, the company headquarters have been located in Barcelona, Spain, but the company still has close ties with Switzerland, as it is now being directed from Bienne.