Tasmania’s beloved National Pies business is set to be sold to a mainland company after 85 years of family ownership.
CEO Geraldine Tebbutt has confirmed the sale to interstate food giant Patties Food Group, subject to approval from the Australian Competition and Consumer Commission (ACCC).
“After 85 years of production, across three generations, National Pies’ owner Rob Gough has entered into a conditional agreement to sell the business to Patties Food Group,” Tebbutt told Pulse.
“This is subject to ACCC approval and provisions have been made for long-term production and employment in Tasmania should the sale go through.”
Patties Food Group, the company behind Four’N Twenty and Herbert Adams pies, is a leading Australian producer of savoury and dessert products.
National Pies was founded in 1942 by Alfred Gough, a young apprentice butcher, and has since become a Tasmanian icon.
The company’s pies are available in almost every corner store, school canteen, sporting club and service station across the state and are now sold nationally.
Tasmanian Bakeries (trading as National Pies) is currently majority owned by Robert David Alfred Gough of Sandy Bay.