Ventia

Traded as	ASX :  VNT NZX : VNT
Industry	Services
Founded	2015
Founder	CIMIC Group
Headquarters	North Sydney , Australia
Key people	Dean Banks (Managing Director)
Revenue	$5.2 billion (2022)
Net income	$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 [ edit ]

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 [ edit ]