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"). Media ContactKevin FitzGeraldGasthalter & Co.(212) 257-4170, Cision Distribution 888-776-0942 Number 8860726. Viserion International is a global agricultural merchant based in Boulder, Colorado. The transaction was announced . "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. Viserion International, LLC was registered at de on 25 Jan 2021 as a foreign limited liability company. Viserion Milling, a subsidiary of Viserion International, is expected to manage a portfolio of strategic feed mill operations. "These assets will allow us to provide farmers with competitive access to global export markets. Both transactions are expected to close in late-Spring 2021. All rights reserved. from 8 AM - 9 PM ET. Informa Markets, a trading division of Informa PLC. Viserion International Holdco, LLC ("Viserion International") is a global agricultural merchant based in Boulder, Colorado. Viserion Grain, LLC, a subsidiary of Viserion International, is expected to manage a portfolio of strategic grain storage and handling facilities. Combined, the elevators have a total storage capacity of approximately 25 million bushels. 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. 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. Viserion International is a global agricultural merchant based in Boulder, Colorado. Viserion is a group of companies largely focused on the movement of physical commodities including grains, feed ingredients and other by-products within North America and internationally.. Pinnacle provides its institutional investor base with exposure to the global commodities markets via physical and financial absolute return strategies and products. BOULDER, Colo., June 13, 2022 /PRNewswire/ -- Viserion Milling, LLC ("Viserion"), a newly formed subsidiary of Viserion International Holdco, LLC ("Viserion International"), today. The number id for this business is 20211075205. 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). Justice Department Requires Substantial Divestitures in Zen-Noh Acquisition of Grain Elevators from Bunge, Zen-Noh Grain Corp. and Viserion Grain, LLC Announce Sale and Purchase Agreement of 11 Grain Facilities, Rabobank's Stephen Nicholson Shares Seven Ways COVID-19 is Changing Agriculture From Farm to Table. Feedstuffs is part of the Informa Markets Division of Informa PLC. The investments include acquiring Five Rivers Cattle Feeding, the worlds largest cattle feeding operation from JBS USA in 2018. We are thrilled to acquire this outstanding, multifaceted company whose feed mill and fertilizer operations will complement Viserion International's existing grain-handling and commodity trading offerings. All previous. Viserion Grain, LLC, a subsidiary of Viserion. Oil prices slide on Fed rate hike expectations, weaker China PMI, US Senator Tim Scott teases May 22 announcement on presidential bid. About Zen-Noh Grain CorporationZen-Noh Grain Corporation ("ZGC") is the U.S. subsidiary ofthe National Federation ofAgricultural CooperativeAssociations of Japan, Zen-Noh. 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. 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. View original content to download multimedia:https://www.prnewswire.com/news-releases/pinnacle-asset-management-backed-viserion-grain-completes-acquisition-of-grain-elevator-facilities-301328772.html, Plus500. ; Shawneetown, Illi. Kruse, who is the grandson of Western Millings founder Otto Kruse, will continue with the company as executive chairman. Chad Pinter, currently chief financial officer, will succeed Kevin Kruse as chief executive officer following the completion of the acquisition. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. 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 over $5 billion under management. 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. Locations - Careers - Contract Offerings - Cash Bids - Futures - MyGrower. Viserion Grain, LLC, a subsidiary of Viserion International, is expected . DENVER, CO 80206, ABOUT US Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. About Pinnacle Asset Management, L.P. About Zen-Noh Grain CorporationZen-Noh Grain Corporation ("ZGC") is the U.S. subsidiary ofthe National Federation ofAgricultural CooperativeAssociations of Japan, Zen-Noh. Viserion Grain, LLC, a subsidiary of Viserion International, is expected to manage a portfolio of strategic grain storage and handling facilities. McGregor 563-873-3436. 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.". 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 Grain, LLC, a subsidiary of Viserion International, is expected to manage a portfolio of strategic grain storage and handling facilities. "We are very pleased to reach today's milestone, which will significantly bolster our presence in the U.S. grain market," said Aaron Wiegand, Chief Executive Officer of Viserion. ZGC also has grain origination interests in Canada and Brazil, and a forage processing business in Pasco, WA. We look forward to working closely with Aaron and his dedicated team of industry experts as we further strengthen our business.". 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. Over the past six years, Pinnacle-managed entities have made several strategic investments to bolster Pinnacle's physical commodities trading and merchanting business, including acquiring Five Rivers Cattle Feeding, the world's largest cattle feeding operation, and backing Six One Commodities, a global energy merchant, as well as being the majority shareholder of Concord Resources Holdings Limited, a global metals merchant formed in 2015 with a team of former Noble Group executives. Viserion Milling, a subsidiary of Viserion International, is expected to manage a portfolio of. "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. 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. LOCATIONS This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. ZGC is divesting the facilities in conjunction with its proposed acquisition of . The business office address is located at 1803 S. Foothills Hwy Suite 120, Boulder, CO 80303. from 8 AM - 9 PM ET. Chad Pinter, currently Chief Financial Officer of Western Milling, will succeed Kevin as Chief Executive Officer. Savanna 561 Broderick Drive Savanna, IL 61074. "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. About Viserion Grain, LLC Viserion International Holdco, LLC ("Viserion International") is a global agricultural merchant based in Boulder, Colorado. Viserion Grain, LLC, a subsidiary of Viserion International, is expected to manage a portfolio of strategic grain storage and handling facilities. The transaction is subject to regulatory approval and is contingent upon the closing of the ZGC's previously announced acquisition of Bunge's facilities. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. 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. Kevin Kruse, outgoing Chief Executive Officer of Western Milling and grandson of Western Milling's founder Otto Kruse, will serve as Executive Chairman of Western Milling. We are excited to work with Aaron and his team to continue to position Viserion as a leader in the global agricultural space.". We, Yahoo, are part of the Yahoo family of brands. 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. About Pinnacle Asset Management, L.P.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 $3.6 billion under management. We look forward to working closely with Aaron and his dedicated team of industry experts as we further strengthen our business.". 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. "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. Moreover, we will leverage the strategic assets to complement Viserion's domestic trading operations. 2022 Viserion International - All Rights Reserved Viserion International Holdco, LLC ("Viserion International") is a global agricultural merchant based in Boulder, Colorado. The new Iowa State University Kent Feed Mill and Grain Science Complex is nearing completion in Ames, Iowa, US. Paraguay's President-elect Santiago Pena: puppet or pragmatist? IOWA. MINNEAPOLIS, MINNESOTA, US The International Association of Operative Millers (IAOM) Annual Conference & Expo gathers milling and allied trade professionals from around the world for three days of education, networking and fellowship. "We are very pleased to reach today's milestone, which will significantly bolster our presence in the U.S. grain market," said Aaron Wiegand, CEO of Viserion. ; and Cottonwood Point, Mo. Viserion Milling, a subsidiary of Viserion International, is expected to manage a portfolio of. About Viserion International Holdco, LLCViserion International is a global agricultural merchant based in Boulder, Colorado. Pinnacle provides its institutional investor base with exposure to the global commodities markets via physical and financial absolute return strategies and products. The transaction is subject to regulatory approval and is contingent upon the closing of the ZGC's previously announced acquisition of Bunge's facilities. The transaction was announced in April 2021 and was contingent upon the completion of ZGC's acquisition of multiple grain elevators from Bunge. With a legacy 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 Californiawhich accounts for approximately 20% of all U.S. dairy outputand operates large-scale fertilizer transportation and grain merchandising businesses with a fleet of natural gas-powered trucks. Viserion Grain, LLC (Viserion) is a new entity supported by management with strong experience in the grain industry. Viserion 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. 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Privacy Policy | Terms of Use 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, In flight from Sudan, refugees in Chad give birth alone without shelter, Head of Mexican migration authority charged over deadly Juarez fire, Dubai crypto regulator awards first broker-dealer MVP operational license, Sudan conflict shows no sign of easing, Sudanese brace for more violence, Getir In Talks To Take Over German Grocery App Rival Flink - FT, Grocery app Getir in talks to take over German rival Flink - FT, Canada public workers reach contract agreement with federal govt, ending strike, JGB yields stabilise near one-month lows in BOJ aftermath, Pope: Vatican involved in secret Ukraine peace mission, Astellas Pharma to acquire Iveric Bio in USD5.9 billion deal, Almost 4,600 hospitality firms close in year as energy bills rocket, India April factory activity hits 4-month high on robust demand, Sony shares tumble on weaker-than-expected annual outlook, Oil fire part of Ukraine's preparation for counter-offensive - military. Aaron Wiegand, Chief Executive Officer of Viserion International, said, "Western Milling has been a well-respected cornerstone of California's agriculture industry for nearly a century. Pinnacle provides its institutional investor base with exposure to the global commodities markets via physical and financial absolute return strategies and products. With experienced teams locally at each facility we will continue to build on existing relationships, establish new ones, and grow together with the communities we serve. About Pinnacle Asset Management, L.P. The company operates large-scale fertilizer transportation and grain merchandising businesses with a fleet of natural gas-powered trucks. 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. 3065 Pershing Ct. Decatur, Il 62526 800-728-7511 217-877-9660 Email: webmaster@grainnet.com Over the past six years, Pinnacle-managed entities have made several strategic investments to bolster Pinnacle's physical commodities trading and merchanting business, including acquiring Five Rivers Cattle Feeding, the world's largest cattle feeding operation, and backing Six One Commodities, a global energy merchant, as well as being the majority shareholder of Concord Resources Holdings Limited, a global metals merchant formed in 2015 with a team of former Noble Group executives. In 2017, Pinnacle partnered with Noble Groups 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. Founded in 2000, with a heritage dating back to 1935, Western operates facilities across the Western US and Texas. CAREERS 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. Beyond mixed cattle feed, Western Milling provides a full suite of customizable animal nutrition products including complete feeds, blended vitamin-rich feeds, pelleted feeds for both poultry and branded pet foods, rolled grains, supplements, and other grain commodities including millrun, molasses, rice bran, and whey. We look forward to working with Western Milling's seasoned management team and excellent operational personnel, who will strengthen our international agribusiness platform.". The facilities being acquired by Viserion are located in Huffman, Arkansas; Osceola, Arkansas (Riverside and Landside); Helena, Arkansas; McGregor, Iowa; Savanna, Illinois; Shawneetown, Illinois; Lake Providence, Louisiana; Lettsworth, Louisiana; Caruthersville, Missouri; and Cottonwood Point, Missouri. 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). 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. ", "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 Grain, LLCViserion International Holdco, LLC ("Viserion International") is a global agricultural merchant based in Boulder, Colorado. Over the past six years, Pinnacle-managed entities have made several strategic investments to bolster the firm's physical commodities trading and merchanting businesses. About Viserion Grain, LLC Viserion International Holdco, LLC ("Viserion International") is a global agricultural merchant based in Boulder, Colorado. Copyright 2023 Surperformance. About Pinnacle Asset Management, L.P. BOULDER, Colo., April 1, 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 that it has entered into a definitive agreement to acquire 11 grain elevator facilities from Zen-Noh Grain Corporation ("ZGC"). 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. 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). The principal address is 44 COOK STREET, STE. Lines and paragraphs break automatically. About Viserion International Holdco, LLC Viserion International is a global agricultural merchant based in Boulder, Colorado. Viserion Grain, LLC - Connecting Local Producers to the World. In 2021, 61C acquired Vega Energy Partners, Ltd. and WGL Midstream, Inc., a Houston, Texas, US-based energy merchant and wholesale energy solutions business. The primary facilities being acquired by Viserion are located in Visalia (headquarters), Hanford and Famoso, California; Hereford, Texas; and Buckeye, Arizona. Viserion International Holdco, LLC ("Viserion International") is a global agricultural merchant based in Boulder, Colorado. To learn more, visit www.zgcusa.com. If you would like to customise your choices, click 'Manage privacy settings'. Both transactions are expected to close in late-Spring 2021. We seek to provide a customer-focused approach and a suite of marketing, transportation and storage services to enhance opportunities for our producers. 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. ; Caruthersville, Mo. The annual conference also includes the worlds largest expo for milling professionals, typically featuring over 100 companies displaying milling and processing equipment and related services. Founded in 2000, with a heritage dating back to 1935, Western operates facilities across the Western US and Texas. completion of ZGC's acquisition of multiple grain elevators from Bunge, Subscribe here for Grain E-News delivered to your inbox every Thursday. 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. "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. 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. ", "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. Last year, Viserion acquired 10 grain elevator facilities across five states along the Mississippi and Ohio rivers with a total storage capacity of approximately 25 million bushels. "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. 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. ZGC is divesting the facilities in conjunction with its proposed acquisition of multiple grain elevators from Bunge. ZGC is divesting the facilities in conjunction with its proposed acquisition of multiple grain elevators from Bunge. Over the past six years, Pinnacle-managed entities have made several strategic investments to bolster the firms physical commodities trading and merchanting businesses. 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. Viserion Grain, LLC is a newly formed grain company with a highly experienced leadership team. Over the past six years, Pinnacle-managed entities have made several strategic investments to bolster the firm's physical commodities trading and merchanting businesses. In 2021, 61C acquired Vega Energy Partners, Ltd. and WGL Midstream, Inc., a Houston, TX-based energy merchant and wholesale energy solutions business. To learn more, visit www.zgcusa.com. who is the actor in the ziprecruiter commercial,
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