Padtec creates Marine Networks unit, acquires LEV Brasil
Brazilian fibre-optic equipment manufacturer Padtec is expanding its presence in the subsea infrastructure market by creating a new unit, Padtec Marine Networks (PMN). It will focus on developing and implementing subsea and coastal infrastructure projects. This marks Padtec's return to a market where it previously had a strong presence. Additionally, Padtec is acquiring 85 percent of LEV Brasil, which specialises in planning, environmental licensing, geotechnical studies, engineering, construction supervisi