Hexatronic completed the acquisition of KNET for $63m.

Hexatronic, an electronic and technical solutions company, completed the acquisition of KNET, a polyethylene pipe products manufacturer, for $63m. "Hexatronic has been a long-term strategic partner to KNET and it is a natural and exciting development to join Hexatronic Group. We look forward to continuing to support all our existing customers as well as Hexatronic’s ambitious growth aspirations in its key markets,” Seo Seong Nam, KNET Founder and Chairman.