Mrs Mac’s was sold after struggling with the impacts of covid-19. (Image: BusinessDesk)
An Australian fuel retailer has scooped up the assets of popular trans-Tasman pie brand Mrs Mac’s, but unsecured creditors in New Zealand who are owed $2.4 million have been left hanging.
Last week, Lyall Holdings (NZ), which until late October traded as Mrs Mac’s (NZ), was put into liquidation by
its Australia parent.
It came after the business, which is based in perth, was sold after struggling with the impacts of covid-19.
Australian media described the new owners as a “mystery buyer” called Aus Pie Co. But its newly registered NZ subsidiary, Mrs Mac’s NZ, is solely owned by United Petroleum – an Australian petrol retailer and importer.
In 2017, the fuel company acquired the Australian food chain Pie Face out of receivership, around which time the chain’s NZ outlets closed.
Mrs Mac’s
Founded by the Macgregor family in Western Australia in 1954, Mrs Mac’s produces and supplies pies to supermarkets, petrol stations and other retail hospitality outlets.
Its website said it employed 330 staff, with a head office in Perth, an office in Sydney and reps across both Australia and NZ.
In July, the Australian…
