November 26, 2017
Who has purchased National Recycling Group?
Bingo Industries, an ASX listed Company, is acquiring National Recycling Group (NRG), which is the parent company of DATS Environment Services (DATS), Melbourne Recycling Centres (MRC) and Harpers Bin Hire.
When will this be effective?
The announcement was made public as of Monday the 27th of November 2017 and the completion of the process will be in early 2018.
Why is Bingo Industries buying NRG?
The acquisition provides a compelling strategic benefit for Bingo, including accelerating entry in Victoria and enhancing depth of network coverage in New South Wales.
How do NRG’s and Bingo’s products and services come together?
The acquisition will combine DATS’ 55 trucks, 3,200 bins and waste recovery facilities with Bingo’s existing fleet, bins and waste recovery facilities.
What is Bingo Industries?
Bingo is a leading recycling and waste management company providing end-to-end solutions across the waste management supply chain including operations in waste collections across the Building & Demolition (B&D) and Commercial & Industrial (C&I) waste markets. This also includes post collections in the B&D waste market including processing, separating and recycling across New South Wales and Victoria.
Who should we be liaising with at Bingo?
A key contact from Bingo will liaise with you throughout the transition period.
What will happen to the current partnership agreements?
All partnerships will continue as normal for the time being. Any changes in the future will be done in consultation with you. Most of the partnership information will be provided to Bingo during the transition period and if further information is required, you will be contacted.