The facilities being acquired by Viserion are located in Huffman, Ark. ZGC also has grain origination interests in Canada and Brazil, and a forage processing business in Pasco, WA. Chad Pinter, currently Chief Financial Officer of Western Milling, will succeed Kevin as Chief Executive Officer. 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. CAREERS 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. ZGC is divesting the facilities in conjunction with its proposed acquisition of . We, Yahoo, are part of the Yahoo family of brands. "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. from 8 AM - 9 PM ET. About Viserion Grain, LLCViserion International Holdco, LLC ("Viserion International") is a global agricultural merchant based in Boulder, Colorado. McGregor 563-873-3436. Pinnacle-Backed Viserion Milling Acquires Western Milling - Yahoo Finance 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. 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. Viserion Grain. Pinnacle-Backed Viserion Milling Acquires Western Milling Viserion Grain, LLC (Viserion) is a new entity supported by management with strong experience in the grain industry. Viserion International When typing in this field, a list of search results will appear and be automatically updated as you type. 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 Asset Management-Backed Viserion Grain To Acquire 11 - Insider , 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. To learn more, visit www.zgcusa.com. Pinnacle-Backed Viserion Milling Acquires Western Milling 86% of retail CFD accounts lose money, https://www.prnewswire.com/news-releases/pinnacle-asset-management-backed-viserion-grain-completes-acquisition-of-grain-elevator-facilities-301328772.html, Registration on or use of this site constitutes acceptance of our. 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. To learn more, visit www.zgcusa.com. Pinnacle provides its institutional investor base with exposure to the global commodities markets via physical and financial absolute return strategies and products. Viserion Milling, a subsidiary of Viserion International, is expected to manage a portfolio of. 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. About Pinnacle Asset Management, L.P. from 8 AM - 9 PM ET. The transaction is subject to regulatory approval and is contingent upon the closing of the ZGC's previously announced acquisition of Bunge's facilities. 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 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. Aaron Wiegand - Chief Executive Officer - Viserion International, LLC BOULDER, Colo., June 13, 2022 /PRNewswire/ -- Viserion Milling, LLC ("Viserion"), a newly formed subsidiary of Viserion International Holdco, LLC ("Viserion International"), today. 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. About Pinnacle Asset Management, L.P. We use cookies to provide you with a better experience. 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. The transaction was announced . Copyright 2023. The company operates large-scale fertilizer transportation and grain merchandising businesses with a fleet of natural gas-powered trucks. Founded in 2000, with a heritage dating back to 1935, Western operates facilities across the Western US and Texas. ; and Cottonwood Point, Mo. 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. 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. Pinnacle is a $3.2 billion private, New York-based alternative asset management firm. VISERION INTERNATIONAL HOLDCO, LLC is a Delaware Limited-Liability Company filed on August 7, 2020. 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. DENVER, CO 80206, ABOUT US To learn more, visit www.zgcusa.com. 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, 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"). 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. "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. Rabobank acted as the exclusive financial advisor to Kruse Western, Inc. on the transaction. Boulder, Colorado, United States Sr. Director - Finance FP&A, IT Cigna Nov 2019 - Dec 2020 1 year 2 months . Pinnacle-Backed Viserion Milling Acquires Western Milling Viserion Internationals domestic growth plans will be significantly amplified by Viserion Millings comprehensive portfolio of agribusiness units and established presence in the California dairy market, said Jason M. Kellman, managing partner and chief investment officer of Pinnacle. McGregor 311 East B Street McGregor, IA 52157. Combined, the elevators have a total storage capacity of approximately 25 million bushels. ; McGregor, Iowa; Savanna, Illi. 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. COLORADO. 3065 Pershing Ct. Decatur, Il 62526 800-728-7511 217-877-9660 Email: webmaster@grainnet.com VISERION INTERNATIONAL, LLC Agent Name National Registered Agents, Inc Agent Address 7700 E Arapahoe Rd Suite 220, Centennial, CO, 80112, US Directors / Officers. 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. 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 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. The primary facilities being acquired by Viserion are located in Visalia (headquarters), Hanford and Famoso, California; Hereford, Texas; and Buckeye, Arizona. Viserion International, LLC 1803 S. Foothills Hwy Suite 120, Boulder Viserion International, LLC :: Colorado (US) :: OpenCorporates 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). 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 provides its institutional investor base with exposure to the global commodities markets via physical and financial absolute return strategies and products. About Viserion Grain, LLCViserion International Holdco, LLC ("Viserion International") is a global agricultural merchant based in Boulder, Colorado. Viserion Grain to acquire 11 elevators from Zen-Noh 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 are excited to work with Aaron and his team to continue to position Viserion as a leader in the global agricultural space.". Lines and paragraphs break automatically. Viserion Grain, LLC is a newly formed grain company with a highly experienced leadership team. 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. We look forward to working with Western Millings seasoned management team and excellent operational personnel, who will strengthen our international agribusiness platform.. Jack O'Sullivan - Manager Rachel Hackett - Bookkeeper Cash Grain Bids. Number 8860726. Viserion Grain, LLC, a subsidiary of Viserion International, is expected to manage a portfolio of strategic grain storage and handling facilities. 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. Web page addresses and e-mail addresses turn into links automatically. 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. The programs are presented by seasoned professionals in the field who have experienced the issues affecting millers first-hand. 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. The transaction was announced in April 2021 and was contingent upon the completion of ZGC's acquisition of multiple grain elevators from Bunge. Our purpose is to use this experience to connect local producers to the agricultural value chain both domestically and internationally. 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. Educational and technical programs presented at the conference assist millers in improving yields, productivity, customer satisfaction and safety. When typing in this field, a list of search results will appear and be automatically updated as you type. 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 number id for this business is 20211075205. 320, Denver, CO 80206. 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. We look forward to working closely with Aaron and his dedicated team of industry experts as we further strengthen our business.". Viserion International is a global agricultural merchant based in Boulder, Colorado. Media ContactKevin FitzGeraldGasthalter & Co.(212) 257-4170, Cision Distribution 888-776-0942 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.". IOWA. All rights reserved. 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. Zen-Noh Grain Corporation and Viserion Grain, LLC Announce Sale and Pinnacle-Backed Viserion Milling Acquires Western Milling The transaction was announced in April 2021 and was contingent upon the completion of ZGC's acquisition of multiple grain elevators from Bunge. (Riverside and Landside); Helena, Ark. ; Lettsworth, La. Pinnacle provides its institutional investor base with exposure to the global commodities markets via physical and financial absolute return strategies and products. 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. ", 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. 44 COOK STREET SUITE 320 DENVER, CO 80206 _ ABOUT US LOCATIONS CAREERS CONTACT GROWERS Kruse, who is the grandson of Western Millings founder Otto Kruse, will continue with the company as executive chairman. Viserion International, LLC is a business entity registered with Colorado Department of State (CDOS). ; Shawneetown, Illi. 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:

. Pinnacle is a $3.2bn private, New York-based . Over the past six years, Pinnacle-managed entities have made several strategic investments to bolster the firm's physical commodities trading and merchanting businesses. Chad Pinter, currently chief financial officer, will succeed Kevin Kruse as chief executive officer following the completion of the acquisition. ZGC also has grain origination interests in Canada and Brazil, and a forage processing business in Pasco, WA. If you do not want us and our partners to use cookies and personal data for these additional purposes, click 'Reject all'. Viserion to acquire Western Milling | World Grain 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.