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]
 | |
| Type | Publicly Listed Company, (ASX: BIN) |
|---|---|
| Industry | Waste management |
| Founder | Tartak family |
| Headquarters | Sydney, Australia and Melbourne, Australia |
Key people | Daniel Tartak (CEO) |
| Website | bingoindustries |
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]
References
- Autorino, Tammaso (17 July 2018). "Why the Bingo Industries Ltd (ASX:BIN) share price jumped higher today". The Motley Fool.
- "Bingo Industries Limited - Profile Company Report Australia". Ibis World. 30 June 2018. Retrieved 3 November 2018.
- Evans, Simon (18 April 2017). "Bingo Industries float windfall for Tartak family". The Australian Financial Review. Retrieved 3 November 2018.
- Cummins, Carolyn (13 April 2017). "Trashy float set to fill pockets". The Sydney Morning Herald. Retrieved 3 November 2018.
- "Bingo Industries to acquire Dial A Dump Industries". Waste Management Review. 21 August 2018. Retrieved 3 November 2018.
- http://wastemanagementreview.com.au/bingo-receives-green-light-from-accc-for-dial-a-dump-acquisition/
