; Lake Providence, La. ZGC is divesting the facilities in conjunction with its proposed acquisition of multiple grain elevators from Bunge. Viserion Grain, LLC, a subsidiary of Viserion International, is expected to manage a portfolio of strategic grain storage and handling facilities. ZGC also has grain origination interests in Canada and Brazil, and a forage processing business in Pasco, WA. No portion of this site may be copied or reproduced without prior express written permission. ", Jason M. Kellman, Managing Partner and Chief Investment Officer of Pinnacle, added, "These facilities fit squarely into our growing physical commodities portfolio and expand our ability to participate in the grain and oilseeds supply chain directly. "These assets will allow us to provide farmers with competitive access to global export markets. Pinnacle is registered as an investment adviser with the Securities and Exchange Commission, is registered as a commodity trading adviser and a commodity pool operator with the Commodity Futures Trading Commission and is a member of the National Futures Association. "These facilities will not only help Viserion build their agricultural trading platform and improve their grain handling capabilities, but also complement their strong domestic trading operations. Pinnacle is a $3.2bn private, New York-based . All rights reserved. Viserion Grain. 320, Denver, CO 80206. The addition of these facilities, which are located across five states, including Arkansas, Iowa, Illinois, Louisiana, and Missouri, will accelerate Viserion's growth in the agricultural trading market and provide domestic customers and exporters with more efficient grain and oilseed handling and distribution capabilities. Principal address changed "These facilities located across major inland U.S. waterways are integral to expanding our agricultural trading platform and grain handling capabilities," said Aaron Wiegand, Chief Executive Officer of Viserion International. Combined, the elevators have a total storage capacity of approximately 25 million bushels. Western Milling has been a well-respected cornerstone of Californias agriculture industry for nearly a century, said Aaron Wiegand, chief executive officer of Viserion. "We've seen substantial growth in grain and oilseed production over the last few years, and this acquisition allows Viserion to participate in a crucial market," said Jason M. Kellman, managing partner and chief investment officer of Pinnacle. About Viserion International Holdco, LLCViserion International is a global agricultural merchant based in Boulder, Colorado. "These facilities will not only help Viserion build their agricultural trading platform and improve their grain handling capabilities, but also complement their strong domestic trading operations. Viserion Milling, a subsidiary of Viserion International, is expected to manage a portfolio of strategic feed mill operations. ZGC trades and exports corn, soybeans, sorghum, wheat, and byproducts from its state-of-the-art export elevator located at mile 164 on the Mississippi River in Convent, LA to Japan and other global markets. Pinnacle is also the largest shareholder of Concord Resources Holdings Limited, a global metals merchant formed in 2015 with a team of former Noble Group executives. The business is formed on January 25, 2021. Registered in England and Wales. Pinnacle provides its institutional investor base with exposure to the global commodities markets via physical and financial absolute return strategies and products. The facilities being acquired by Viserion are located in Huffman, Ark. BOULDER, Colo., June 13, 2022 /PRNewswire/ -- Viserion Milling, LLC ("Viserion"), a newly formed subsidiary of Viserion International Holdco, LLC ("Viserion International"), today announced that it has entered into an agreement to acquire Western Milling, LLC ("Western Milling"), a diversified California-based agribusiness, from Kruse Western, Inc. Viserion International and its subsidiaries are backed by Pinnacle Asset Management, L.P. ("Pinnacle"), a New York-based alternative asset management firm focused on global commodities markets. About Viserion International Holdco, LLC Viserion International is a global agricultural merchant based in Boulder, Colorado. Design, CMS, Hosting & Web Development :: From daily reports on breaking news to weekly updates, Viserion Grain to acquire 11 elevators from Zen-Noh, Star of the West Milling to acquire Brown Milling, RiceBran exercises option to acquire milling facility, Seaboard enters pact to acquire Groupe Mimran flour milling assets, Reported explosion injures three at ADM plant, Latest milling technology highlighted at IAOM event, Another cold surge wont be good for US wheat, Sanctions weighing on Russias grain industry. Viserion Milling, a subsidiary of Viserion International, is expected to manage a portfolio of. ZGC also has grain origination interests in Canada and Brazil, and a forage processing business in Pasco, WA. Viserion International, LLC was registered at de on 25 Jan 2021 as a foreign limited liability company. Viserion International Holdco, LLC is a global agricultural merchant based in Boulder. Over the past five years, Pinnacle-managed entities have made several strategic investments to bolster Pinnacle's physical commodities trading and merchanting business, including owning Five Rivers Cattle Feeding, the world's largest cattle feeding operation and Six One Commodities, a global energy merchant, as well as being the majority shareholder of Concord Resources Holdings Limited, a global metals merchant. ; Caruthersville, Mo. The investments include acquiring Five Rivers Cattle Feeding, the worlds largest cattle feeding operation from JBS USA in 2018. We seek to provide a customer-focused approach and a suite of marketing, transportation and storage services to enhance opportunities for our producers. Viserion Grain, LLC, a subsidiary of Viserion. View original content to download multimedia:http://www.prnewswire.com/news-releases/pinnacle-asset-management-backed-viserion-grain-to-acquire-11-grain-elevator-facilities-from-zen-noh-grain-corporation-301261065.html, Plus500. "These facilities located across major inland U.S. waterways are integral to expanding our agricultural trading platform and grain handling capabilities," said Aaron Wiegand, Chief Executive Officer of Viserion International. Paraguay's President-elect Santiago Pena: puppet or pragmatist? Founded in 2003, Pinnacle Asset Management, L.P. is a private, New York-based alternative asset management firm focused on the global commodities markets with approximately $3.2 billion under management. Founded in 2000 with a heritage dating back to 1935, Western Milling is one of the oldest and largest industrial providers of mixed grain cattle feed products to the dairy industry in California. Viserion Grain LLC (Viserion), a newly formed subsidiary of Viserion International Holdco LLC backed by Pinnacle Asset Management L.P. (Pinnacle), has entered into a definitive agreement to acquire 11 grain elevator facilities from Zen-Noh Grain Corporation (ZGC). LOCATIONS ", Jason M. Kellman, Managing Partner and Chief Investment Officer of Pinnacle, added, "These facilities fit squarely into our growing physical commodities portfolio and expand our ability to participate in the grain and oilseeds supply chain directly. Pinnacle Asset Management-Backed Viserion Grain Completes Acquisition The principal address is 44 COOK STREET, STE. About Viserion International Holdco, LLCViserion International is a global agricultural merchant based in Boulder, Colorado. Media ContactKevin FitzGeraldGasthalter & Co.(212) 257-4170, View original content:https://www.prnewswire.com/news-releases/pinnacle-backed-viserion-milling-acquires-western-milling-301566772.html, Plus500. About Pinnacle Asset Management, L.P. Web page addresses and e-mail addresses turn into links automatically. ; and Cottonwood Point, Mo. 4 Jan 2023. To learn more, visit www.zgcusa.com. Located across five states along the Mississippi and Ohio Rivers, the grain elevators have a total storage capacity of approximately 25 million bushels and are well-positioned to provide competitive services for farmers and grain dealers. As part of the acquisition Viserion is acquiring Western Millings facilities in Visalia, Hanford and Famoso, California, US; Hereford, Texas, US; and Buckeye, Arizona, US. The investments include acquiring Five Rivers Cattle Feeding, the world's largest cattle feeding operation from JBS USA in 2018, and in 2017, Pinnacle partnered with Noble Group's former Head of North American Gas and Power, Ben Sutton, to acquire Sierentz Global Merchants and form Six One Commodities ("61C"), a global energy merchant. About Viserion Grain, LLCViserion International Holdco, LLC ("Viserion International") is a global agricultural merchant based in Boulder, Colorado. Viserion Grain is a newly formed subsidiary of Viserion International Holdco, LLC, backed by Pinnacle Asset Management, L.P. Viserion International Holdco is a Colorado-based global agricultural merchant. Over the past six years, Pinnacle-managed entities have made several strategic investments to bolster the firm's physical commodities trading and merchanting businesses. Over the past six years, Pinnacle-managed entities have made several strategic investments to bolster the firm's physical commodities trading and merchanting businesses. The business office address is located at 1803 S. Foothills Hwy Suite 120, Boulder, CO 80303. The new Iowa State University Kent Feed Mill and Grain Science Complex is nearing completion in Ames, Iowa, US. The addition of these facilities, which are located across five states, including Arkansas, Iowa, Illinois, Louisiana, and Missouri, will accelerate Viserion's growth in the agricultural trading market and provide domestic customers and exporters with more efficient grain and oilseed handling and distribution capabilities. Copyright 2023 Surperformance. ", "We've seen substantial growth in grain and oilseed production over the last few years, and this acquisition allows Viserion to participate in a crucial market," said Jason M. Kellman, Managing Partner and Chief Investment Officer of Pinnacle. Located across five states along the Mississippi and Ohio Rivers, the grain elevators have a total storage capacity of approximately 25MBu and are well-positioned to provide competitive services for farmers and grain dealers. The transaction was announced in April 2021 and was contingent upon the completion of ZGC's acquisition of multiple grain elevators from Bunge. BOULDER, COLORADO, US Viserion Milling, LLC, a newly formed subsidiary of Viserion International Holdco, LLC, has entered an agreement to acquire Visalia, California, US-based Western Milling, LLC from Kruse Western, Inc. Viserion International and its subsidiaries are backed by Pinnacle Asset Management, LP, a New York, New York, US-based Pinnacle provides its institutional investor base with exposure to the global commodities markets via physical and financial absolute return strategies and products. Following Viserion International's recent portfolio acquisition of ten grain elevator facilities from Zen-Noh Grain Corporation, we are pleased that the company continues to grow into one of the leading agricultural merchants in the U.S.". Pinnacle is registered as an investment adviser with the Securities and Exchange Commission, is registered as a commodity trading adviser and a commodity pool operator with the Commodity Futures Trading Commission and is a member of the National Futures Association. "These facilities located across major inland U.S. waterways are integral to expanding our agricultural trading platform and grain handling capabilities," said Aaron Wiegand, chief executive officer of Viserion International. Viserion Milling, a subsidiary of Viserion International, is expected to manage a portfolio of strategic feed mill operations. ZGC also has grain origination interests in Canada and Brazil, and a forage processing business in Pasco, WA. Viserion Grain to acquire 11 grain elevators, Global pork outlook: One step forward, two steps back, Dairy Industry Innovation Assessment Tool identifies new technologies, Select Genetics invests $58M in Goldsboro turkey hatchery, farms, Allowed HTML tags:

. BOULDER, Colo., June 13, 2022 /PRNewswire/ -- Viserion Milling, LLC ("Viserion"), a newly formed subsidiary of Viserion International Holdco, LLC ("Viserion International"), today announced that it has entered into an agreement to acquire Western Milling, LLC ("Western Milling"), a diversified California-based agribusiness, from Kruse Western, Inc. Viserion International and its subsidiaries are backed by Pinnacle Asset Management, L.P. ("Pinnacle"), a New York-based alternative asset management firm focused on global commodities markets. Feedstuffs is part of the Informa Markets Division of Informa PLC. Over the past six years, Pinnacle-managed entities have made several strategic investments to bolster the firms physical commodities trading and merchanting businesses. 2022 Viserion International - All Rights Reserved Viserion Grain to acquire 11 elevators from Zen-Noh GROWERS. About Western Milling, LLCHeadquartered in Central California, Western Milling is a highly diversified manufacturer and supplier of nutrient solutions for plants and animals, serving farmers and growers across the US. Home; About; Locations; Careers; Contact; Growers; . Moreover, we will leverage the strategic assets to complement Viserion's domestic trading operations. Viserion International, LLC | LinkedIn Founded in 2003, Pinnacle Asset Management, L.P. is a private, New York-based alternative asset management firm focused on the global commodities markets with approximately $3.2 billion under management. Viserion International is a global agricultural merchant based in Boulder, Colorado. BOULDER, COLORADO, US Viserion Milling, LLC, a newly formed subsidiary of Viserion International Holdco, LLC, has entered an agreement to acquire Visalia, California, US-based Western Milling, LLC from Kruse Western, Inc. Viserion International and its subsidiaries are backed by Pinnacle Asset Management, LP, a New York, New York, US-based alternative asset management firm focused on global commodities markets. About Zen-Noh Grain CorporationZen-Noh Grain Corporation ("ZGC") is the U.S. subsidiary ofthe National Federation ofAgricultural CooperativeAssociations of Japan, Zen-Noh. Our purpose is to use this experience to connect local producers to the agricultural value chain both domestically and internationally. Heres a look at the $30 million educational and research facility that was possible with financial support and equipment donations from grain and feed industry suppliers, state crop groups and feed manufacturers. Moreover, we will leverage the strategic assets to complement Viserion's domestic trading operations. All rights reserved. Chad Pinter, currently chief financial officer, will succeed Kevin Kruse as chief executive officer following the completion of the acquisition. Viserion International, LLC :: Colorado (US) :: OpenCorporates In 2021, 61C acquired Vega Energy Partners, Ltd. and WGL Midstream, Inc., a Houston, Texas, US-based energy merchant and wholesale energy solutions business. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. The transaction is subject to regulatory approval and is contingent upon the closing of the ZGC's previously announced acquisition of Bunge's facilities. "We believe that the addition of these assets will accelerate our growth and provide a strong foundation to market grain and oilseeds directly to domestic customers and exporters. BOULDER, Colo., July 9, 2021 /PRNewswire/ --Viserion Grain, LLC ("Viserion"), a newly formed subsidiary of Viserion International Holdco, LLC, backed by Pinnacle Asset Management, L.P. ("Pinnacle"), today announced the successful completion of its acquisition of certain grain elevator facilities from Zen-Noh Grain Corporation ("ZGC"). Viserion Milling, a subsidiary of Viserion International, is expected to manage a portfolio of. Zen-Noh Grain Corp. and Viserion Grain, LLC Announce Sale and Purchase Viserion Grain Locations - CO, IA, IL, MO, AR, and LA Find out more about how we use your personal data in our privacy policy and cookie policy. ; McGregor, Iowa; Savanna, Illi. Pinnacle Asset Management : -Backed Viserion Grain To Acquire 11 Grain The addition of these facilities, which are located across five states, including Arkansas, Iowa, Illinois, Louisiana, and Missouri, will accelerate Viserion's growth in the agricultural trading market and provide domestic customers and exporters with more efficient grain and oilseed handling and distribution capabilities. VISERION INTERNATIONAL HOLDCO, LLC in Wilmington, DE - Bizapedia ZGC is divesting the facilities in conjunction with its proposed acquisition of multiple grain elevators from Bunge. It is owned by Viserion International Holdco, LLC, a Colorado-based global agricultural merchant formed with the financial backing of Pinnacle Asset Management, L.P. (Pinnacle). Pinnacle provides its institutional investor base with exposure to the global commodities markets via physical and financial absolute return strategies and products. "These assets will allow us to provide farmers with competitive access to global export markets. 86% of retail CFD accounts lose money, https://www.prnewswire.com/news-releases/pinnacle-backed-viserion-milling-acquires-western-milling-301566772.html, Registration on or use of this site constitutes acceptance of our. Pinnacle is a $3.2bn private, New York-based . About Zen-Noh Grain Corporation Zen-Noh Grain Corporation is the US Subsidiary of the National Federation of Agricultural Cooperative Associations of Japan, Zen-Noh. ZGC trades and exports corn, soybeans, sorghum, wheat, and byproducts from its state-of-the-art export elevator located at mile 164 on the Mississippi River in Convent, LA to Japan and other global markets. completion of ZGC's acquisition of multiple grain elevators from Bunge, Subscribe here for Grain E-News delivered to your inbox every Thursday. We look forward to working closely with Aaron and his dedicated team of industry experts as we further strengthen our business.". Pinnacle-Backed Viserion Milling Acquires Western Milling - Yahoo Finance Locations - Careers - Contract Offerings - Cash Bids - Futures - MyGrower. Both transactions are expected to close in late-Spring 2021. Kruse, who is the grandson of Western Millings founder Otto Kruse, will continue with the company as executive chairman. About Western Milling, LLC Pinnacle-Backed Viserion Milling Acquires Western Milling - PR Newswire Viserion International Viserion International Holdco, LLC ("Viserion International") is a global agricultural merchant based in Boulder, Colorado. Zen-Noh Grain Corporation divesting facilities in conjunction with its proposed acquisition of Bunge elevators. Viserion Grain, LLC, a subsidiary of Viserion International, is expected to manage a portfolio of strategic grain storage and handling facilities.

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