Scaling up sustainable waste management

Symal Group is excited to welcome Ascot Bin Hire into Sycle, our vertically integrated waste management business focused on recycling and repurposing materials. 

Ascot Bin Hire is a trusted name in waste management and bin hire in Melbourne. They bring a wealth of experience, a loyal customer base and a strong operational footprint.

This strategic acquisition – Symal’s first since listing on the ASX in November 2024 - marks a significant step forward in our commitment to sustainability and growth in the resource recovery sector.  

Bringing Ascot Bin Hire into the Symal Group strengthens our capabilities in waste collection, skip bin hire and sustainable materials recovery. It advances our position as an emerging leader in the recycling and repurposing industry, accelerating our transition towards a circular economy. 

Symal Group Managing Director, Joe Bartolo, said: 

"The acquisition of Ascot Bin Hire is a major milestone in building a stronger, more integrated waste management and resource recovery business. By joining forces, we’re enhancing our capabilities and furthering our mission to drive sustainability and innovation in the waste sector. We look forward to working together to build better – not just for our clients, but for the communities we serve." 

The Ascot Bin Hire team will transition into Sycle’s operations, ensuring a smooth integration and continued high-quality service for commercial and industrial clients in Victoria. 

Together, we’re innovating and leading the way in sustainable waste management – building better for the future.