KEB secures long-term agreement with ASEM
KEB has secured a long-term product and technology supply agreement with its historic partner for control technology, ASEM S.p.A., Italian provider of digital automation technologies. KEB's new arrangement also allows KEB to broaden its strategic collaboration with global industrial automation and digital transformation leader Rockwell Automation, Inc. (NYSE: ROK). Rockwell has signed an agreement to acquire ASEM, including KEB's minority stake in the company.