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. To learn more, visit www.zgcusa.com. About Zen-Noh Grain CorporationZen-Noh Grain Corporation ("ZGC") is the U.S. subsidiary ofthe National Federation ofAgricultural CooperativeAssociations of Japan, Zen-Noh. Savanna 561 Broderick Drive Savanna, IL 61074. Over the past six years, Pinnacle-managed entities have made several strategic investments to bolster the firm's physical commodities trading and merchanting businesses. ", "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. 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. 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 International, LLC | Colorado Company Directory The transaction was announced in April 2021 and was contingent upon the completion of ZGC's acquisition of multiple grain elevators from Bunge. Moreover, we will leverage the strategic assets to complement Viserion's domestic trading operations. 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. Find out more about how we use your personal data in our privacy policy and cookie policy. Chad Pinter, currently Chief Financial Officer of Western Milling, will succeed Kevin as Chief Executive Officer. 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. 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 Viserion Milling, a subsidiary of Viserion International, is expected to manage a portfolio of strategic feed mill operations. "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 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. "These assets will allow us to provide farmers with competitive access to global export markets. We look forward to working closely with Aaron and his dedicated team of industry experts as we further strengthen our business.". (Riverside and Landside); Helena, Ark. This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. 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. The transaction was announced in April 2021 and was contingent upon the completion of ZGC's acquisition of multiple grain elevators from Bunge. About Viserion Grain, LLC Viserion International Holdco, LLC ("Viserion International") is a global agricultural merchant based in Boulder, Colorado. About Western Milling, LLC Chad Pinter, currently chief financial officer, will succeed Kevin Kruse as chief executive officer following the completion of the acquisition. Viserion International is a global agricultural merchant based in Boulder, Colorado. Pinnacle-Backed Viserion Milling Acquires Western Milling - PR Newswire Viserion Grain, LLC (Viserion) is a new entity supported by management with strong experience in the grain industry. Pinnacle Asset Management : -Backed Viserion Grain To Acquire 11 Grain 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. 2022 Viserion International - All Rights Reserved 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. 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 is a $3.2 billion private, New York-based alternative asset management firm. 3065 Pershing Ct. Decatur, Il 62526 800-728-7511 217-877-9660 Email: webmaster@grainnet.com completion of ZGC's acquisition of multiple grain elevators from Bunge, Subscribe here for Grain E-News delivered to your inbox every Thursday. Viserion Grain, LLC - Connecting Local Producers to the World. DENVER, CO 80206, ABOUT US 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. ; Osceola, Ark. By continuing to browse the site you are agreeing to our use of cookies in accordance with our. Registered in England and Wales. Viserion International, LLC | LinkedIn 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. Viserion Grain, LLC, a subsidiary of Viserion. ILLINOIS. Both transactions are expected to close in late-Spring 2021. 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.. 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. To learn more, visit www.zgcusa.com. Viserion Grain, LLC, a subsidiary of Viserion International, is expected to manage a portfolio of strategic grain storage and handling facilities. Copyright 2023 Surperformance. Moreover, we will leverage the strategic assets to complement Viserion's domestic trading operations. 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 $3.2 billion under management. Viserion International is a global agricultural merchant based in Boulder, Colorado. 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. We, Yahoo, are part of the Yahoo family of brands. Viserion Milling, a subsidiary of Viserion International, is expected to manage a portfolio of strategic feed mill 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. Founded in 2000, with a heritage dating back to 1935, Western operates facilities across the Western US and Texas. 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. 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. 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. 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.". Home; About; Locations; Careers; Contact; Growers; . Viserion Grain Locations - CO, IA, IL, MO, AR, and LA 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.. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. 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. Both transactions are expected to close in late-Spring 2021. 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. Viserion International, LLC is a business entity registered with Colorado Department of State (CDOS). Friday gives silver lining to a sour week, USDA announces start of climate-smart commodity program, Biden administration issues waiver allowing summer E15 sales. "These assets will allow us to provide farmers with competitive access to global export markets.". 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. Viserion Grain, LLC, a subsidiary of Viserion International, is expected . Daniel Wyczolkowski M.S., CFA - LinkedIn We seek to provide a customer-focused approach and a suite of marketing, transportation and storage services to enhance opportunities for our producers. from 8 AM - 9 PM ET. Oil prices slide on Fed rate hike expectations, weaker China PMI, US Senator Tim Scott teases May 22 announcement on presidential bid. 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. 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:

. 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. Western Milling has been a well-respected cornerstone of Californias agriculture industry for nearly a century, said Aaron Wiegand, chief executive officer of Viserion. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Jack O'Sullivan - Manager Rachel Hackett - Bookkeeper Cash Grain Bids. 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 use cookies to provide you with a better experience. File Report. The new Iowa State University Kent Feed Mill and Grain Science Complex is nearing completion in Ames, Iowa, US. No portion of this site may be copied or reproduced without prior express written permission. Denver 44 Cook Street, Suite 320 Denver, CO 80206. About Pinnacle Asset Management, L.P. 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 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. ; Shawneetown, Illi. Pinnacle provides its institutional investor base with exposure to the global commodities markets via physical and financial absolute return strategies and products. CAREERS 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. 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. Located across five states along the Mississippi and Ohio Rivers, the grain elevators have a total storage capacity of approximately 25 million bushels and are well-positioned to provide competitive services for farmers and grain dealers. "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. 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.". Viserion Milling, a subsidiary of Viserion International, is expected to manage a portfolio of strategic feed mill operations. Pinnacle-Backed Viserion Milling Acquires Western Milling - WDAF-TV Viserion International 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. National Registered Agents, Inc, agent; Recent filings for Viserion International, LLC. Boulder, CO Viserion Grain, LLC, a newly formed subsidiary of Viserion International Holdco, LLC, backed by Pinnacle Asset Management, L.P. ("Pinnacle"), said it has succesfully completed its acquisition of certain grain elevator facilities from Zen-Noh Grain Corporation, according to a Viserion news release. from 8 AM - 9 PM ET. Viserion Grain, LLC, a subsidiary of Viserion International, is expected to manage a portfolio of strategic grain storage and handling facilities. 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 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 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. 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.