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.

Central to the new KEB-ASEM agreement is to codify the historic partnering relationship between the two companies in the development and supply of KEB's product and software offering, further enhanced by the resources and experience in the sector offered by Rockwell Automation. Thus, KEB will continue the partnership with ASEM to ensure its customers demand for ASEM-based products.

KEB's new agreement with ASEM is part of KEB's broader strengthening of its capabilities. The KEB Automation Group continues to increase its investment in the development of its control technology division. The benchmark for this is the same quality and performance with which the well-known inverters have been in use for years. Thomas Brinkmann, shareholder of the KEB Group explains: "We want to create new possibilities for our customers and actively participate in shaping standards in control technology."

With this agreement, KEB is further strengthening its strategy as a solutions provider in automation, whether for plastics machines, woodworking or the process industry. Brinkmann says: "Competitive and integrated solutions are a clear priority for our customers." For example, the focus is on easier handling with intuitive and integrated tools to shorten development and commissioning times. Brinkmann states: "Worldwide highest industry standards are the benchmark for our products, as well as global availability over the entire product lifecycle."

For more information, please visit www.keb.co.uk.

KEB (UK) Ltd

5 Morris Close
Park Farm Industrial Estate
Wellingborough
NN8 6XF
UNITED KINGDOM

+44 (0)1933 402220

info@keb.co.uk

www.keb.co.uk

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