Essential Infrastructure Service Provider in Australia and New Zealand
Ventia ASX : VNT NZX : VNT Industry Services Founded 2015 Founder CIMIC Group Headquarters , Australia
Key people
Dean Banks (Managing Director) Revenue $5.2 billion (2022) $420 million (2022) Number of employees
15,000 (June 2022) Divisions Defence Education Energy & Electricity Health Industrial Justice Local Government Maritime Mining & Minerals Oil & Gas Property Rail Road Social Housing Telecommunications Water Website www.ventia.com
Ventia is an infrastructure services provider based in Australia and New Zealand that provides a range of services to clients in both the public and private sectors. Ventia was founded in 2015 and is headquartered in North Sydney , Australia. Ventia has secondary corporate offices located in Auckland , Brisbane , Melbourne , Adelaide and Perth .
Ventia's services include facility management , asset management , telecommunications , engineering , environmental management , and more. Ventia has clients including government agencies, utilities, property owners and private companies.
History
In 1987 Thiess Services launched its environmental services business.[1] In 1994, Visionstream was established as a subsidiary of Telstra , to design and build its cable television network.[2] In December 1996 Leighton Contractors purchased Visionstream.[3]
In 2015 CIMIC Group merged its Leighton Contractors Services, Thiess Services and Visionstream divisions to form Ventia. Apollo Global Management took a 50% shareholding in the company.[4] In June 2020, Broadspectrum was purchased from Ferrovial .[5] [6]
In 2021 Ventia was floated on the Australian Securities Exchange and New Zealand Exchange as a dual listed company .[7] [8] CIMIC and Apollo each retained 32.8% shareholdings. In May 2023, both reduced their stakes to 15%.[9]
References
Media assets
Radio stations Television stations (by primary affiliation)
Cable channels Defunct Acquisitions
1 Owned by Hoffmann Communications, Inc., Cox Media Group operates WJAX under a SSA.
2 These stations broadcast these networks on their digital subchannels.
Current assets Former assets Related
Websites Communication Development Corporate Defunct services Related people Related
Other assets