Iconic Maketū Pies has gone into solvent liquidation.
Photo: NZME
Maketū Pies has gone into voluntary liquidation after five years of losses.
Its owner, Te Arawa Management Ltd, bought the national pie supplier in 2019 during a receivership process but says it has operated at a loss since.
It was, at the time, the town’s largest employer and had operated for about 40 years. It had about 40 staff, mostly locals.
Interim chief executive Tina Kilmister-Blue said the “difficult decision” was made after a “great deal of discussion and deliberation”.
Maketū Foods Ltd, trading as Maketū Pies, went into a solvent liquidation process on Thursday, which meant it would remain operating for now.
Kilmister-Blue said that in a…
