{{Short description|Australian waste management company founded by Tartak family in 2005}} {{Use Australian English|date=November 2018}} {{Use dmy dates|date=November 2018}}
{{Infobox company |logo = Bingo-Brandmark.jpg |name = Bingo Industries |type = |foundation = 2005 |founder = Tartak family |former_name = |location = [[Sydney]] and [[Melbourne]], Australia |industry = [[Waste management]] |products = |assets = |key_people = Daniel Tartak ([[CEO]]) |parent = [[Macquarie Group]] |homepage = {{URL|bingoindustries.com.au}} }}
[[File:Bingo Industries vehicle.jpg|thumb|260px|A Bingo Industries vehicle and skip bin]]
'''Bingo Industries''' is an Australian [[waste management]] and recycling company founded by the Tartak family in 2005.<ref>{{cite web|url=https://www.fool.com.au/2018/07/17/why-the-bingo-industries-ltd-asxbin-share-price-jumped-higher-today/|title=Why the Bingo Industries Ltd (ASX:BIN) share price jumped higher today|work=The Motley Fool|first=Tammaso|last=Autorino|date=17 July 2018}}</ref> Its origins were formed when Tony Tartak purchased a small skip bin company.<ref name="afr">{{cite web|url=https://www.afr.com/business/banking-and-finance/investment-banking/bingo-industries-float-windfall-for-tartak-family-20170418-gvms69|title=Bingo Industries float windfall for Tartak family |work=[[Australian Financial Review]]|date=18 April 2017|accessdate=3 November 2018|first=Simon|last=Evans}}</ref>
==Overview== With Headquarters in [[Sydney]], Australia and network across [[Melbourne]], Australia the Company operates residential and commercial waste services,<ref>{{Cite web |title=Household Rubbish Removal & Garage Clean Out Solutions |url=https://goodbyejunk.com.au/household-rubbish-removal/ |access-date=2023-11-05 |language=en-US}}</ref> recycling services and bin manufacturing through subsidiary company TORO Waste Equipment<ref>{{cite web|url=https://www.ibisworld.com.au/australian-company-research-reports/electricity-gas-water-waste-services/bingo-industries-limited-company.html|title=Bingo Industries Limited - Profile Company Report Australia|date=30 June 2018|work=Ibis World|accessdate=3 November 2018}}</ref>
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.<ref name="afr"/><ref>{{cite web|url=https://www.smh.com.au/business/companies/trashy-float-set-to-fill-pockets-20170412-gvjaiu.html|title=Trashy float set to fill pockets|work=[[Sydney Morning Herald]]|first=Carolyn|last=Cummins|date=13 April 2017|accessdate=3 November 2018}}</ref> Prior to its float, it held a 24 percent share in the building and demolition waste market.<ref name="afr"/>
==Acquisitions== In 2018, Bingo Industries acquired Dial A Dump for $578 million.<ref>{{cite web|url=http://wastemanagementreview.com.au/bingo-industries-acquire-dial-dump-industries/|title=Bingo Industries to acquire Dial A Dump Industries|work=Waste Management Review|date=21 August 2018|accessdate=3 November 2018}}</ref> The transaction was approved by the [[Australian Competition & Consumer Commission]] in February 2019.<ref>{{Cite web|url=http://wastemanagementreview.com.au/bingo-receives-green-light-from-accc-for-dial-a-dump-acquisition/|title = 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|date = 27 February 2019}}</ref> In April 2021, Bingo Industries was purchased for $2.3 billion by [[Macquarie Group]].<ref>[https://www.abc.net.au/news/2021-04-27/asx-set-rise-us-stocks-up-tesla-results/100097018 Macquarie takeover boosts Bingo but ASX falls on mixed US leads] ''[[ABC News (Australia)|ABC News]]'' 27 April 2021</ref>
On the 1st July 2022, Bingo Industries announced the acquisition of United Waste Services, a Brisbane-based waste and recycling company with a fleet of 37 vehicles servicing over 3,500 skip and hook bins across the southeast region of Queensland (Brisbane and the Gold Coast).<ref>{{Cite web |last=Korycki |first=Lisa |date=2022-07-01 |title=BINGO acquires United Waste Services |url=https://wastemanagementreview.com.au/bingo-acquires-united-waste-services/ |access-date=2025-10-02 |website=Waste Management Review |language=en-US}}</ref>
In October 2022 the former CEO of Bingo Industries, Daniel Tartak, pleaded guilty to criminal cartel offences over price fixing in Sydney in 2019.<ref>{{Cite web |date=2022-10-20 |title=Former Bingo CEO pleads guilty after skip bin cartel probe |url=https://www.afr.com/companies/infrastructure/ex-bingo-ceo-pleads-guilty-after-skip-bin-price-fixing-probe-20221020-p5brc3 |access-date=2022-10-20 |website=Australian Financial Review |language=en}}</ref>
==References== {{reflist}}
==External links== *{{official website|https://www.bingoindustries.com.au}}
{{Macquarie Group}}
[[Category:Companies based in Sydney]] [[Category:Waste companies established in 2005]] [[Category:Waste management companies of Australia]] [[Category:Australian companies established in 2005]] [[Category:Companies formerly listed on the Australian Securities Exchange]] [[Category:2021 mergers and acquisitions]]