Brazil's Padtec Acquires 85% Stake in LEV Brazil, Returns to Submarine Cable Market
2026-06-06 13:46
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en.Wedoany.com Reported - Brazilian optical network equipment provider Padtec has announced plans to acquire an 85% stake in LEV Brazil (including LEV Brasil – Estudos e Projetos em Geociências Aplicadas LTDA. and Coral Esperançoso Unipessoal Ltda.) and establish a new business unit, Padtec Marine Networks, thereby expanding its influence in the submarine optical cable infrastructure sector. The acquisition proposal will be submitted for approval at an extraordinary general meeting scheduled for July 8, 2026.

This acquisition integrates Padtec's optical network technology with LEV Brazil's capabilities in marine geosciences, environmental licensing, feasibility studies, and engineering services. Through this integration, Padtec can provide end-to-end support for submarine cable projects, covering route studies, environmental approvals, engineering design, equipment supply, deployment, and subsequent operations. The company stated that this strategy is a direct response to the growth in digital infrastructure investments driven by hyperscale data centers, telecom operators, cloud service providers, and technology companies seeking higher capacity, resilience, and geographic diversity.

Padtec previously participated in the submarine cable sector through the Junior Cable project commissioned by Google in 2016. This system connected Santos and Rio de Janeiro and is considered the first submarine cable route linking these two cities. By integrating LEV Brazil into the newly formed Padtec Marine Networks unit, the company aims to strengthen its position in a competitive market. This market is experiencing a new wave of investment activity driven by the continued growth of artificial intelligence infrastructure, cloud connectivity, and international data transmission demand.

Padtec CEO Carlos Raimar Schoeninger stated that the company is making a strong return to a familiar field, which is becoming increasingly important with the expansion of connectivity projects related to data centers, telecom operators, large technology companies, and global providers. The establishment of Padtec Marine Networks is a response to a new cycle of digital infrastructure investments, driven by the growing demand for data transmission capacity, redundancy, and high-performance connectivity.

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