Ventia awarded $266M contract with Auckland Council to manage parks, libraries

Thu, 15 Jun 2017

By Sophie Boot June 15 (BusinessDesk) - Australian contractor Ventia has been awarded a $266 million deal with Auckland Council to manage facilities in two of the supercity's five regions. Ventia, based in New South Wales, is one of six suppliers chosen by Auckland Council after a four-month procurement process for council maintenance services. The company, co-owned by ASX-listed Cimic Group and US private equity firm Apollo Global Management, will manage council assets including parks, libraries and public pools over the next five years...

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