Asdion's associate in deal with Krones Group

PETALING JAYA: Asdion Bhd’s associate has entered into an agreement with Krones Group AG Germany to distribute the latter’s commercial product for the food and beverage industry in Thailand for 18 months.

In its filings with Bursa Malaysia, Asion said its 49%-owned associate Renox Stainless Steel Co Ltd yesterday entered into Evoguard Distributor Agreement with Evoguard, Krones Group AG Germany for Evoguard Equipment Distributor Right for Thailand markets with its commercial product, Evoguard Valve Equipment for the food and beverage industry.