 | |
| Industry | Waste management |
|---|---|
| Founded | 2005 |
| Founder | Tartak family |
| Headquarters | Sydney and Melbourne, Australia |
Key people | Daniel Tartak (CEO) |
| Parent | Macquarie Group |
| Website | bingoindustries |
Bingo Industries is an Australian waste management and recycling company founded by the Tartak family in 2005. [1] Its origins were formed when Tony Tartak purchased a small skip bin company. [2]
With Headquarters in Sydney, Australia and network across Melbourne, Australia the Company operates residential and commercial waste services, [3] recycling services and bin manufacturing through subsidiary company TORO Waste Equipment [4]
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. [2] [5] Prior to its float, it held a 24 percent share in the building and demolition waste market. [2]
In 2018, Bingo Industries acquired Dial A Dump for $578 million. [6] The transaction was approved by the Australian Competition & Consumer Commission in February 2019. [7] In April 2021, Bingo Industries was purchased by Macquarie Group. [8]
In October 2022 the former CEO of Bingo Industries, Daniel Tartak, pleaded guilty to criminal cartel offences over price fixing in Sydney in 2019. [9]
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