Kiwi pie company Maketū Pies enters voluntary liquidation after financial losses

Maketū Pies has entered voluntary liquidation after five years of financial losses. The company, owned by Te Arawa Management Ltd since 2019, has struggled in a competitive market and can no longer sustain operations without further investment. The liquidation process is solvent, allowing the business to continue operating temporarily while BDO liquidators manage the winding down. Community leaders were informed of the decision, which follows unsuccessful attempts to find viable alternatives. Maketū Pies was the largest employer in the town for about 40 years, employing around 40 staff. Local leaders expressed concern over the impact of the closure on the community and the loss of an iconic brand.