Hexatronic acquires telecom microduct supplier KNET for $63M

Hexatronic Group AB has entered into a definitive agreement to acquire KNET CO., Ltd., a global specialist in microduct technology solutions, for an enterprise value of USD 63 million (fixed USD 48 million plus earn-out). The acquisition was announced on 24 November 2022.

“Hexatronic Group AB on Nov. 24 announced that it has entered into a definitive agreement to acquire KNET CO., Ltd., a global specialist in microduct technology solutions for the telecommunication industry.”cablinginstall.com

• 1 source
• cablinginstall.comHexatronic acquiring telecom microduct supplier KNET for approximately $63 million | Cabling Installation & MaintenanceCabling Installation, Maintenance StaffNov 29, 2022

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