Interest in 'insolvent' Supie's assets not enough to stop liquidation vote

Interest in 'insolvent' Supie's assets not enough to stop liquidation vote
Supie founder Sarah Balle. (Image: Supplied)
Riley Kennedy
The administrators of Supie have been approached by “various parties” showing interest in different aspects of the business, with those owed money having to vote on the online grocer’s future on Thursday.But given the state of the group's finances and no plan put forward to save it, it's almost certainly heading to liquidation.Supie was put into voluntary administration by its founder, Sarah Balle, early last week after the underwriter of its $3 million capital raise got cold feet and pulled out.LiquidationIts dem...

More Finance

Trade Me parent company appoints Owen Wilson as director
Finance

Trade Me parent company appoints Owen Wilson as director

Wilson was CE of $A30b Australian digital-property company Rea Group Ltd.

Westpac NZ eyes improved full-year 2026 profit on GDP gains
Finance

Westpac NZ eyes improved full-year 2026 profit on GDP gains

Looks to grow at pace of economy, invests in business. 

Westpac NZ calls on Google and Meta to do more
Finance

Westpac NZ calls on Google and Meta to do more

CEO says Google, Meta's effort are "piecemeal'"

Andy Macdonald 03 Nov 2025
Baker's dozen: Westpac NZ hikes FY profit by 13%
Finance

Baker's dozen: Westpac NZ hikes FY profit by 13%

Lift for bank's NZ arm comes as Aussie parent sees its bottom line slip. 

Andy Macdonald 03 Nov 2025