Pie Face goes up for sale after second collapse in two years

Fast food chain Pie Face – known for its smiley-faced pies – is back on the market after going into receivership for the second time in two years.

Insolvency firm O'Brien Palmer is finalising an information memorandum and plans to kick off a sale process next week after partner Chris Palmer was appointed receiver and manager of Pie Face Pty Ltd earlier this month by financier TCA Global.