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. "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-Backed Viserion Milling Acquires Western Milling We, Yahoo, are part of the Yahoo family of brands. 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). Viserion Grain, LLC, a subsidiary of Viserion. Western Milling has been a well-respected cornerstone of Californias agriculture industry for nearly a century, said Aaron Wiegand, chief executive officer of Viserion. Pinnacle provides its institutional investor base with exposure to the global commodities markets via physical and financial absolute return strategies and products. 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. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Locations - Careers - Contract Offerings - Cash Bids - Futures - MyGrower. Viserion Grain, LLC, a subsidiary of Viserion International, is expected to manage a portfolio of strategic grain storage and handling facilities. This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. 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. 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. 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 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-Backed Viserion Milling Acquires Western Milling - PR Newswire 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.". Combined, the elevators have a total storage capacity of approximately 25 million bushels. Pinnacle Asset Management : -Backed Viserion Grain To Acquire 11 Grain ", 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. Timothy Gallagher - President - Viserion International, LLC - LinkedIn Feed milling is expected to start this summer with the grain portion of the facility being ready for fall harvest. Kruse, who is the grandson of Western Millings founder Otto Kruse, will continue with the company as executive chairman. VISERION INTERNATIONAL HOLDCO, LLC :: Delaware (US) - OpenCorporates ZGC is divesting the facilities in conjunction with its proposed acquisition of multiple grain elevators from Bunge. Jack O'Sullivan - Manager Rachel Hackett - Bookkeeper Cash Grain Bids. 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. Pinnacle Asset Management-Backed Viserion Grain Completes Acquisition The transaction was announced in April 2021 and was contingent upon the completion of ZGC's acquisition of multiple grain elevators from Bunge. 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). Viserion Grain, LLC, a subsidiary of Viserion International, is expected to manage a portfolio of strategic grain storage and handling facilities. Moreover, we will leverage the strategic assets to complement Viserion's domestic trading operations. Viserion International is a global agricultural merchant based in Boulder, Colorado. Tyler Spiegel - Chief Financial Officer - Viserion International , LLC completion of ZGC's acquisition of multiple grain elevators from Bunge, Subscribe here for Grain E-News delivered to your inbox every Thursday. 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 Savanna 561 Broderick Drive Savanna, IL 61074. COLORADO. Pinnacle is a $3.2 billion private, New York-based alternative asset management firm. 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. The transaction was announced in April 2021 and was contingent upon the completion of ZGC's acquisition of multiple grain elevators from Bunge. ; and Cottonwood Point, Mo. Number 8860726. 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"). ILLINOIS. Viserion Grain Locations - CO, IA, IL, MO, AR, and LA The transaction is subject to regulatory approval and is contingent upon the closing of the ZGC's previously announced acquisition of Bunge's facilities. Find out more about how we use your personal data in our privacy policy and cookie policy. We use cookies to provide you with a better experience. Moreover, we will leverage the strategic assets to complement Viserion's domestic trading operations. "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. By continuing to browse the site you are agreeing to our use of cookies in accordance with our. 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. ; Osceola, Ark. About Viserion Grain, LLC Viserion International Holdco, LLC ("Viserion International") is a global agricultural merchant based in Boulder, Colorado. Viserion Grain to acquire 11 elevators from Zen-Noh 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). Both transactions are expected to close in late-Spring 2021. Pinnacle is a $3.2bn private, New York-based . "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-Backed Viserion Milling Acquires Western Milling - Yahoo Finance 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 ; Shawneetown, Illi. 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, 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"). 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. 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 firms 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. Viserion International, LLC | Colorado Company Directory Media ContactKevin FitzGeraldGasthalter & Co.(212) 257-4170, Cision Distribution 888-776-0942 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. Pinnacle-Backed Viserion Milling Acquires Western Milling Zen-Noh Grain Corp. and Viserion Grain, LLC Announce Sale and Purchase Pinnacle provides its institutional investor base with exposure to the global commodities markets via physical and financial absolute return strategies and products. "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 International , LLC Mar 2021 - Present 2 years 2 months. Viserion Milling, a subsidiary of Viserion International, is expected to manage a portfolio of strategic feed mill operations. Combined, the elevators have a total storage capacity of approximately 25 million bushels. from 8 AM - 9 PM ET. "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. 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. 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 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. Pinnacle-Backed Viserion Milling Acquires Western Milling ", "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. "These assets will allow us to provide farmers with competitive access to global export markets. Moreover, we will leverage the strategic assets to complement Viserion's domestic trading operations. Pinnacle-Backed Viserion Milling Acquires Western Milling Viserion International Holdco, LLC ("Viserion International") is a global agricultural merchant based in Boulder, Colorado. We look forward to working closely with Aaron and his dedicated team of industry experts as we further strengthen our business.". Viserion International, LLC was registered at de on 25 Jan 2021 as a foreign limited liability company. About Pinnacle Asset Management, L.P. 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. About Pinnacle Asset Management, L.P. 3065 Pershing Ct. Decatur, Il 62526 800-728-7511 217-877-9660 Email: webmaster@grainnet.com Viserion Grain Completes Acquisition of Grain Elevators From Both transactions are expected to close in late-Spring 2021. Viserion Grain, LLC, a subsidiary of Viserion International, is expected to manage a portfolio of strategic grain storage and handling facilities. 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). The programs are presented by seasoned professionals in the field who have experienced the issues affecting millers first-hand.
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