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 Western Milling, LLC Aaron Wiegand - Chief Executive Officer - Viserion International, LLC Viserion International Holdco, LLC is a global agricultural merchant based in Boulder. Viserion 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. Pinnacle provides its institutional investor base with exposure to the global commodities markets via physical and financial absolute return strategies and products. If you do not want us and our partners to use cookies and personal data for these additional purposes, click 'Reject all'. 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 Milling, a subsidiary of Viserion International, is expected to manage a portfolio of strategic feed mill operations. Principal address changed 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. Pinnacle is a $3.2bn private, New York-based . 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. Viserion Grain to acquire 11 elevators from Zen-Noh 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 primary facilities being acquired by Viserion are located in Visalia (headquarters), Hanford and Famoso, California; Hereford, Texas; and Buckeye, Arizona. 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. The programs are presented by seasoned professionals in the field who have experienced the issues affecting millers first-hand. Pinnacle Asset Management-Backed Viserion Grain Completes Acquisition Following Viserion Internationals recent portfolio acquisition of 10 grain elevator facilities from Zen-Noh Grain Corp., we are pleased that the company continues to grow into one of the leading agricultural merchants in the US.. By continuing to browse the site you are agreeing to our use of cookies in accordance with our. Viserion Grain, LLC, a subsidiary of Viserion International, is expected to manage a portfolio of strategic grain storage and handling facilities. Viserion to acquire 11 elevators from Zen-Noh Zen-Noh Grain Corporation and Viserion Grain, LLC Announce Sale and We look forward to working closely with Aaron and his dedicated team of industry experts as we further strengthen our business.". 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. 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"). DENVER, CO 80206, ABOUT US ZGC is divesting the facilities in conjunction with its proposed acquisition of multiple grain elevators from Bunge. Pinnacle is a $3.2 billion private, New York-based alternative asset management firm. Viserion Grain, LLC, a subsidiary of Viserion International, is expected to manage a portfolio of strategic grain storage and handling facilities. The investments include acquiring Five Rivers Cattle Feeding, the worlds largest cattle feeding operation from JBS USA in 2018. About Viserion International Holdco, LLCViserion International is a global agricultural merchant based in Boulder, Colorado. Chad Pinter, currently Chief Financial Officer of Western Milling, will succeed Kevin as Chief Executive Officer. Over the past six years, Pinnacle-managed entities have made several strategic investments to bolster the firms physical commodities trading and merchanting businesses. "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. We look forward to working with Western Milling's seasoned management team and excellent operational personnel, who will strengthen our international agribusiness platform.". 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 transaction was announced in April 2021 and was contingent upon the completion of ZGC's acquisition of multiple grain elevators from Bunge. 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. Moreover, we will leverage the strategic assets to complement Viserion's domestic trading operations. Number 8860726. "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. "We are excited to work with Aaron and his team to continue to position Viserion as a leader in the global agricultural space.". 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. Both transactions are expected to close in late-Spring 2021. Pinnacle-Backed Viserion Milling Acquires Western Milling Locations - Careers - Contract Offerings - Cash Bids - Futures - MyGrower. Viserion Milling, a subsidiary of Viserion International, is expected to manage a portfolio of. Cision Distribution 888-776-0942 "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. Viserion Grain, LLC is a newly formed grain company with a highly experienced leadership team. The transaction was announced in April 2021 and was contingent upon the completion of ZGC's acquisition of multiple grain elevators from Bunge. McGregor 311 East B Street McGregor, IA 52157. Rabobank acted as the exclusive financial advisor to Kruse Western, Inc. on the transaction. Registered in England and Wales. Viserion Milling, a subsidiary of Viserion International, is expected to manage a portfolio of strategic feed mill operations. Viserion Grain, LLC, a subsidiary of Viserion International, is expected to manage a portfolio of strategic grain storage and handling facilities. VISERION INTERNATIONAL HOLDCO, LLC Company Number 3398569 Incorporation Date 7 August 2020 (about 2 years ago) Company Type Domestic Limited Liability Company Jurisdiction Delaware (US) Registered Address New Castle, DE United States Agent Name THE CORPORATION TRUST COMPANY Agent Address Combined, the elevators have a total storage capacity of approximately 25 million bushels. ZGC also has grain origination interests in Canada and Brazil, and a forage processing business in Pasco, WA. 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. Tyler Spiegel - Chief Financial Officer - Viserion International , LLC ", Jason 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. We use cookies to provide you with a better experience. The transaction was announced . 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. Copyright 2023. Founded in 2000, with a heritage dating back to 1935, Western operates facilities across the Western US and Texas. To learn more, visit www.zgcusa.com. 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. Copyright 2023 Surperformance. Jack O'Sullivan - Manager Rachel Hackett - Bookkeeper Cash Grain Bids. To learn more, visit www.zgcusa.com. 86% of retail CFD accounts lose money, Registration on or use of this site constitutes acceptance of our. All rights reserved. "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 International Holdco, LLC ("Viserion International") is a global agricultural merchant based in Boulder, Colorado. National Registered Agents, Inc, agent; Recent filings for Viserion International, LLC. Viserion International Holdco, LLC ("Viserion International") is a global agricultural merchant based in Boulder, Colorado. 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. About Viserion Grain, LLC Viserion International Holdco, LLC ("Viserion International") is a global agricultural merchant based in Boulder, Colorado. 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.". ZGC also has grain origination interests in Canada and Brazil, and a forage processing business in Pasco, WA. Pinnacle Asset Management-Backed Viserion Grain Completes Acquisition Pinnacle provides its institutional investor base with exposure to the global commodities markets via physical and financial absolute return strategies and products. Viserion International ; Lake Providence, La. Zen-Noh Grain Corporation divesting facilities in conjunction with its proposed acquisition of Bunge elevators. About Viserion International Holdco, LLCViserion International is a global agricultural merchant based in Boulder, Colorado. ZGC is divesting the facilities in conjunction with its proposed acquisition of multiple grain elevators from Bunge. 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, Reserve Bank Of New Zealand Says New Zealand Banks Have Relatively Little Interest Rate Risk, Analysis-Inflation, labour crunch prodding Japan's smaller firms to raise pay, RESERVE BANK OF NEW ZEALAND - NEW ZEALAND BANKS HAVE RELATIVELY, RBNZ-NZ BANKS MANAGE INTEREST RATE RISK BY MATCHING REPRICING PR, Labour market 'churn' ahead with a quarter of jobs changing by 2027 - survey, Astellas Pharma buys Iveric Bio for $5.9 billion, South Korea exports contract for seventh month, longest streak in 3 years. 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"). 3065 Pershing Ct. Decatur, Il 62526 800-728-7511 217-877-9660 Email: webmaster@grainnet.com Viserion International, LLC Nov 2022 - Present6 months Colorado, United States Integration of Risk/Development role from Viserion acquisition of Kruse Western/Western Milling. 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 look forward to working closely with Aaron and his dedicated team of industry experts as we further strengthen our business.". from 8 AM - 9 PM ET. 2022 Viserion International - All Rights Reserved Viserion International Boulder, CO. 1.888.315.1556. Viserion Grain Locations - CO, IA, IL, MO, AR, and LA Web page addresses and e-mail addresses turn into links automatically. The company's filing status is listed as Active and its File Number is 3398569. 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. BOULDER, Colo., June 13, 2022 /PRNewswire/ -- Viserion Milling, LLC ("Viserion"), a newly formed subsidiary of Viserion International Holdco, LLC ("Viserion International"), today. 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. Pinnacle-Backed Viserion Milling Acquires Western Milling - Yahoo Finance Pinnacle-Backed Viserion Milling Acquires Western Milling 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. 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. 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. Viserion Grain, LLC, a subsidiary of Viserion. Moreover, we will leverage the strategic assets to complement Viserion's domestic trading operations. ", 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.". In 2021, 61C acquired Vega Energy Partners, Ltd. and WGL Midstream, Inc., a Houston, Texas, US-based energy merchant and wholesale energy solutions business. 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. 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 INTERNATIONAL HOLDCO, LLC is a Delaware Limited-Liability Company filed on August 7, 2020. Educational and technical programs presented at the conference assist millers in improving yields, productivity, customer satisfaction and safety. Pinnacle-Backed Viserion Milling Acquires Western Milling - Yahoo "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. , State of IA Grain Indemnity Fund Board Votes to Reinstate Grain Fee For Farmers, House Debt Ceiling Bill and 2023 Farm Bill Reauthorization Debate, Canadian Farmers Expected to Plant Most Wheat Since 2001, Colorado Governor Signs First U.S. Agriculture Right to Repair Bill Into Law, USDA Drought Monitor (4/27): Midwest Climate Region Remains Free of Dryness and Drought, ADM 1Q Earnings of $1.17 Billion and Revenue of $24.07 Billion Top Forecasts, FGIS Directive 9180.61: Official Moisture Calibrations For Unified Grain Moisture Algorithm (UGMA) Compatible Meters, USDA Weekly Crop Progress Report: Corn Planted at 14% and Soybeans Planted at %, Both Above 5-year Average, Cost to Produce Corn and Soybeans in Illinois2022. Founded in 2000, with a heritage dating back to 1935, Western operates facilities across the Western US and Texas. The transaction is subject to regulatory approval and is contingent upon the closing of the ZGC's previously announced acquisition of Bunge's facilities. Connecting to the Agricultural Value Chain - Viserion Grain, LLC In 2021, 61C acquired Vega Energy Partners, Ltd. and WGL Midstream, Inc., a Houston, TX-based energy merchant and wholesale energy solutions business. 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.". ; Caruthersville, Mo. Viserion Grain, LLC, a subsidiary of Viserion. 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: . 4 Jan 2023. 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. GROWERS. ZGC also has grain origination interests in Canada and Brazil, and a forage processing business in Pasco, WA. ", "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. Rabobank acted as the exclusive financial advisor to Kruse Western, Inc. on the transaction. 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. Pinnacle-Backed Viserion Milling Acquires Western Milling - PR Newswire About Viserion International Holdco, LLC Viserion International is a global agricultural merchant based in Boulder, Colorado. Viserion International is a global agricultural merchant based in Boulder, Colorado. 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 . Zen-Noh Grain Corp. and Viserion Grain, LLC Announce Sale and Purchase 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. When typing in this field, a list of search results will appear and be automatically updated as you type. Viserion Grain, LLC (Viserion) is a new entity supported by management with strong experience in the grain industry. 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.. 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. The facilities being acquired by Viserion are located in Huffman, Ark. 44 COOK STREET SUITE 320 Everyone Deserves A Voice Quotes,
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