Ernst Benz sold to Universal Watch

Just got a press release announcing that Chuck Agnoff sold off Ernst Benz Limited to Universal Watch Company so he can focus on his Orbita Watchwinders:

Agnoff, who is also the founder of Orbita Watchwinders, had a good problem which this acquisition solves. Orbita's remarkable growth and success in the watchwinder business caused Agnoff to expand both in the USA and in Europe where Orbita has become an important supplier of private label watchwinders to several major Swiss watch manufacturers. Mr. Agnoff has had to establish a European factory to meet increased watchwinder demand and this growth requires his full attention.