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 . 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. The facilities being acquired by Viserion are located in Huffman, Ark. Copyright 2023. We look forward to working with Western Milling's seasoned management team and excellent operational personnel, who will strengthen our international agribusiness platform.". ZGC also has grain origination interests in Canada and Brazil, and a forage processing business in Pasco, WA. from 8 AM - 9 PM ET. Rabobank acted as the exclusive financial advisor to Kruse Western, Inc. on the transaction. Viserion Milling, a subsidiary of Viserion International, is expected to manage a portfolio of strategic feed mill operations. Chad Pinter, currently Chief Financial Officer of Western Milling, will succeed Kevin as Chief Executive Officer. (Riverside and Landside); Helena, Ark. 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"). In addition to mixed cattle feed, Western Milling provides 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. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. ZGC also has grain origination interests in Canada and Brazil, and a forage processing business in Pasco, WA. Viserion International, LLC Jul 2022 - Present10 months Founder June Creek Partners 2018 - Present5 years Greater Denver Area Founder of a management consulting firm that focuses on board. Denver 44 Cook Street, Suite 320 Denver, CO 80206. To learn more, visit www.zgcusa.com. Over the past six years, Pinnacle-managed entities have made several strategic investments to bolster the firm's physical commodities trading and merchanting businesses. Viserion Milling, a subsidiary of Viserion International, is expected to manage a portfolio of. 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. Web page addresses and e-mail addresses turn into links automatically. About Western Milling, LLC Viserion Grain, LLC, a subsidiary of Viserion International, is expected to manage a portfolio of strategic grain storage and handling facilities. About Pinnacle Asset Management, L.P. Viserion International is a global agricultural merchant based in Boulder, Colorado. 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. About Viserion Grain, LLC Viserion International Holdco, LLC ("Viserion International") is a global agricultural merchant based in Boulder, Colorado. About Pinnacle Asset Management, L.P. You can change your choices at any time by clicking on the 'Privacy dashboard' links on our sites and apps. "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. from 8 AM - 9 PM ET. We, Yahoo, are part of the Yahoo family of brands. VISERION INTERNATIONAL HOLDCO, LLC is a Delaware Limited-Liability Company filed on August 7, 2020. ", "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. No portion of this site may be copied or reproduced without prior express written permission. The business office address is located at 1803 S. Foothills Hwy Suite 120, Boulder, CO 80303. 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.". DENVER, CO 80206, ABOUT US 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. 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"). 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. 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"). About Zen-Noh Grain CorporationZen-Noh Grain Corporation ("ZGC") is the U.S. subsidiary ofthe National Federation ofAgricultural CooperativeAssociations of Japan, Zen-Noh. 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. ; Lettsworth, La. Educational and technical programs presented at the conference assist millers in improving yields, productivity, customer satisfaction and safety. Registered in England and Wales. 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. "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. All previous. File Report. 320, Denver, CO 80206. This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. 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. Viserion Grain, LLC, a subsidiary of Viserion. 44 COOK STREET SUITE 320 ZGC is divesting the facilities in conjunction with its proposed acquisition of multiple grain elevators from Bunge. We seek to provide a customer-focused approach and a suite of marketing, transportation and storage services to enhance opportunities for our producers. "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. "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. About Pinnacle Asset Management, L.P. Viserion Grain, LLC, a subsidiary of Viserion International, is expected to manage a portfolio of strategic grain storage and handling facilities. If you do not want us and our partners to use cookies and personal data for these additional purposes, click 'Reject all'. Viserion Milling, a subsidiary of Viserion International, is expected to manage a portfolio of. Principal address changed 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. 44 COOK STREET SUITE 320 DENVER, CO 80206 _ ABOUT US LOCATIONS CAREERS CONTACT GROWERS Combined, the elevators have a total storage capacity of approximately 25 million bushels. Viserion Milling, a subsidiary of Viserion International, is expected to manage a portfolio of. By continuing to browse the site you are agreeing to our use of cookies in accordance with our. Jack O'Sullivan - Manager Rachel Hackett - Bookkeeper Cash Grain Bids. Jason M. Kellman, Managing Partner and Chief Investment Officer of Pinnacle, commented, "Viserion International's domestic growth plans will be significantly amplified by Viserion Milling's comprehensive portfolio of agribusiness units and established presence in the California dairy market. In 2021, 61C acquired Vega Energy Partners, Ltd. and WGL Midstream, Inc., a Houston, Texas, US-based energy merchant and wholesale energy solutions business. Our geographic spread, from northern Iowa to southern Louisiana, and our strong commercial management gives us a comprehensive view of the market and provides us with logistical flexibility that few independent companies can replicate. The company's filing status is listed as Active and its File Number is 3398569. 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. ZGC is divesting the facilities in conjunction with its proposed acquisition of multiple grain elevators from Bunge. 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. ", 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. Over the past six years, Pinnacle-managed entities have made several strategic investments to bolster the firms physical commodities trading and merchanting businesses. LOCATIONS The transaction is subject to regulatory approval and is contingent upon the closing of the ZGC's previously announced acquisition of Bunge's facilities. 2022 Viserion International - All Rights Reserved 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. 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. ZGC is divesting the facilities in conjunction with its proposed acquisition of multiple grain elevators from Bunge. ; and Cottonwood Point, Mo. "We are excited to work with Aaron and his team to continue to position Viserion as a leader in the global agricultural space.". 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. 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. "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 Grain, LLC, a subsidiary of Viserion International, is expected to manage a portfolio of strategic grain storage and handling facilities. "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. BOULDER, Colo., June 13, 2022 /PRNewswire/ -- Viserion Milling, LLC ("Viserion"), a newly formed subsidiary of Viserion International Holdco, LLC ("Viserion International"), today. 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. ZGC is divesting the facilities in conjunction with its proposed acquisition of . Media ContactKevin FitzGeraldGasthalter & Co.(212) 257-4170, Cision Distribution 888-776-0942 2001-2023 Country Journal Publishing Co. Privacy Policy | Terms of Use The transaction was announced in April 2021 and was contingent upon the completion of ZGC's acquisition of multiple grain elevators from Bunge. 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. About Pinnacle Asset Management, L.P. 3065 Pershing Ct. Decatur, Il 62526 800-728-7511 217-877-9660 Email: webmaster@grainnet.com Both transactions are expected to close in late-Spring 2021. Feedstuffs is part of the Informa Markets Division of Informa PLC. Viserion Milling, a subsidiary of Viserion International, is expected to manage a portfolio of strategic feed mill operations. Pinnacle is a $3.2 billion private, New York-based alternative asset management firm. The primary facilities being acquired by Viserion are located in Visalia (headquarters), Hanford and Famoso, California; Hereford, Texas; and Buckeye, Arizona. 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. 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. 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 provides its institutional investor base with exposure to the global commodities markets via physical and financial absolute return strategies and products. If you would like to customise your choices, click 'Manage privacy settings'. Moreover, we will leverage the strategic assets to complement Viserion's domestic trading operations. About Viserion International Holdco, LLC Viserion International is a global agricultural merchant based in Boulder, Colorado. 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. Viserion International, LLC was registered at de on 25 Jan 2021 as a foreign limited liability company. The transaction is subject to regulatory approval and is contingent upon the closing of the ZGC's previously announced acquisition of Bunge's facilities. Viserion Grain, LLC - Connecting Local Producers to the World. We look forward to working with Western Millings seasoned management team and excellent operational personnel, who will strengthen our international agribusiness platform.. ILLINOIS. National Registered Agents, Inc, agent; Recent filings for Viserion International, LLC. We look forward to working closely with Aaron and his dedicated team of industry experts as we further strengthen our business.". We are thrilled to acquire this outstanding, multifaceted company whose feed mill and fertilizer operations will complement Viserion Internationals existing grain-handling and commodity trading offerings. "These assets will allow us to provide farmers with competitive access to global export markets. 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: . Viserion International, LLC Nov 2022 - Present6 months Colorado, United States Integration of Risk/Development role from Viserion acquisition of Kruse Western/Western Milling. The business is formed on January 25, 2021. The business entity number is #20211075205. Pinnacle provides its institutional investor base with exposure to the global commodities markets via physical and financial absolute return strategies and products. ; Lake Providence, La. Paraguay's President-elect Santiago Pena: puppet or pragmatist? "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., 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. Kruse, who is the grandson of Western Millings founder Otto Kruse, will continue with the company as executive chairman. 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. Bunbury Court Listings,
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