Bingo Industries

Bingo Industries is an Australian waste management and recycling company founded by the Tartak family in 2005.[1] With Headquarters in Sydney, Australia and network across Melbourne, Australia the Company operates residential and commercial waste services, recycling services and bin manufacturing through subsidiary company TORO Waste Equipment [2] Its origins were formed in 2005 when Tony Tartak purchased a small skip bin company.[3]

Bingo Industries
IndustryWaste management
FounderTartak family
HeadquartersSydney and Melbourne, Australia
Key people
Daniel Tartak (CEO)
ParentMacquarie Group
Websitebingoindustries.com.au
A Bingo Industries vehicle and skip bin

The company was floated on the Australian Securities Exchange in 2017, becoming a public company with a launch share price of $1.85, earning its founders around $452 million whilst retaining a 30 percent stake.[3][4] Prior to its float, it held a 24 percent share in the building and demolition waste market.[3]

In 2018, Bingo Industries acquired Dial A Dump for $578 million.[5] The transaction was approved by the Australian Competition & Consumer Commission in February 2019.[6] In April 2021, Bingo Industries was purchased by Macquarie Group.[7]

References
  1. Autorino, Tammaso (17 July 2018). "Why the Bingo Industries Ltd (ASX:BIN) share price jumped higher today". The Motley Fool.
  2. "Bingo Industries Limited - Profile Company Report Australia". Ibis World. 30 June 2018. Retrieved 3 November 2018.
  3. Evans, Simon (18 April 2017). "Bingo Industries float windfall for Tartak family". Australian Financial Review. Retrieved 3 November 2018.
  4. Cummins, Carolyn (13 April 2017). "Trashy float set to fill pockets". Sydney Morning Herald. Retrieved 3 November 2018.
  5. "Bingo Industries to acquire Dial A Dump Industries". Waste Management Review. 21 August 2018. Retrieved 3 November 2018.
  6. "BINGO receives green light from ACCC for Dial a Dump acquisition - Waste Management Review BINGO receives green light from ACCC for Dial a Dump acquisition". 27 February 2019.
  7. Macquarie takeover boosts Bingo but ASX falls on mixed US leads ABC News 27 April 2021

Official website

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