However, in what the statement described as a “unique and heart-warming move”, the Maketū Pies brand and trademarks would be placed into a new joint venture entity, and licensed back to the production business.
In turn, profits from the new licensing entity would support Te Arawa rangatahi with hospitality and food production training and qualifications.
The development was announced at the Te Arawa Lakes Trust AGM yesterday.
Te Arawa Lakes Trust chairman Geoff Rolleston said the trust was “thrilled” to have found a buyer committed to preserving the mana of Maketū Pies.
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”Seeing Maketū Pies move…