Receivers of Big Sister Foods, the Australian-owned fruit mince pies, cakes, cupcakes and muffins company, are looking for a buyer for the ailing bakery business.
PPB Advisory’s David McEnvoy and Daniel Wally have been appointed as receivers of the company, and are currently reviewing the business in order to prepare the company for sale.
They are working with stakeholders including suppliers, workers and customers to ensure the business remains operational.
Big Sister Foods was established in 1945, and its first contract in 1945 involved supplying the U.S. army with canned breakfast cereals. It employs 100 staff across two NSW manufacutring sites.
In 2012 Big Sister Foods became known as the Big Sister Foods Group, when several well known brands were added to its stable. The Big Sister Foods Group now encompasses the Noble Cakes, Molly O’Rourke’s, George & Simpson and Fowlers brands.
The company recently undertook a packaging redesign for its Big Sister brand.
