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HomeNEWSRetail fit-out company Shears & Mac in liquidation

Retail fit-out company Shears & Mac in liquidation

Companies Office records show its liquidation notice was posted on May 14, with Jared Waiata Booth and Tony Maginness from McDonald Vague appointed as liquidators. Their first report is due today.

Founded in 1985, Shears & Mac operates its head office out of an 8,000sqm facility in Penrose, Auckland, which also boasts a warehouse for storage and distribution of joinery and components. Around 110 full-time employees are based there – the company’s LinkedIn page puts the total number of staff as up to 200.

Shears & Mac also has a presence in Australia, with a project management office in Parramatta, Sydney.

The company says it has historically focused on retail brand fit-outs, but expanded its presence into the commercial and hospitality sectors over the last 10 years. It says financial and operational stewardship is very structured, with a professional board of directors meeting monthly with key management.

 “We strive to exceed your delivery expectations and build a long term relationship based on trust, mutual respect and professionalism.”

According to records from the Companies Office, former director Gregor Barclay of Claymore Partners Limited stepped down the day before Shears & Mac went into liquidation. The National Business Review reports that two additional directors, Jeremy Burn and Matthew Turnbull, also resigned within the last month.

A new director, Craig Wilson, was appointed on May 13. He could not be contacted for comment.

The firm’s website has been taken down.

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