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NABISCO FOODS GROUP TO ACQUIRE FROZEN PIE COMPANY

 NABISCO FOODS GROUP TO ACQUIRE FROZEN PIE COMPANY
 PARSIPPANY, N.J., Sept. 3 /PRNewswire/ -- The Nabisco Foods Group


announced today that it has reached an agreement to purchase the Plush Pippin Corporation of Kent, Wash., a leading supplier of premium frozen pies to in-store supermarket bakeries.
 A privately held company, Plush Pippin also sells its pies to wholesale clubs and food service accounts.
 Terms of the agreement, which is expected to be finalized next month, were not disclosed. Plush Pippin had sales last year of $22 million.
 H. John Greeniaus, president of the Nabisco Foods Group, said that the acquisition will broaden the scope of Nabisco's well-developed Food Service portfolio, which includes such well-known products as Nabisco's cookies and crackers, Grey Poupon Dijon mustard, A.1. Steak Sauce, and Fleishmann's magarines and Egg Beaters egg alternatives.
 "Our Food Service Division is the fastest growing of our business units. Our purchase of Plush Pippin will provide us with entry into a new channel of distribution -- the rapidly growing supermarket in-store bakery business," he said. "While enabling us to capitalize on the continued expansion of the food-prepared-away-from-home market, it also builds on several of our core strengths."
 Greeniaus said that Nabisco plans to work with Plush Pippin's existing management, which will remain, to broaden the firm's distribution into other areas of the country. While Plush Pippin has distribution in parts of the South, East and Midwest, its primary strength is in the West, where it is the number-one supplier of premium frozen pies to in-store bakeries.
 The Nabisco Foods Group, a subsidiary of RJR Nabisco, Inc., markets a broad variety of products including Oreo and Chips Ahoy! cookies, Ritz and Premium crackers, Fleischmann's and Blue Bonnet margarines, Grey Poupon Dijon mustard, and A.1. Steak Sauce.
 -0- 9/3/92
 /CONTACT: Henry A. Sandbach of Nabisco Foods Group, 201-682-7098/ CO: Nabisco Foods Group ST: New Jersey IN: FOD SU: TNM


BR-TG -- AT009 -- 6521 09/03/92 14:55 EDT
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Date:Sep 3, 1992
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