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. ", "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. Our purpose is to use this experience to connect local producers to the agricultural value chain both domestically and internationally. ; Lake Providence, La. ; McGregor, Iowa; Savanna, Illi. Viserion Grain, LLC (Viserion) is a new entity supported by management with strong experience in the grain industry. 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. Media ContactKevin FitzGeraldGasthalter & Co.(212) 257-4170, Cision Distribution 888-776-0942 Aaron Wiegand - Chief Executive Officer - Viserion International, LLC 2022 Viserion International - All Rights Reserved 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. 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. About Western Milling, LLC About Zen-Noh Grain CorporationZen-Noh Grain Corporation ("ZGC") is the U.S. subsidiary ofthe National Federation ofAgricultural CooperativeAssociations of Japan, Zen-Noh. Connecting to the Agricultural Value Chain - Viserion Grain, LLC The primary facilities being acquired by Viserion are located in Visalia (headquarters), Hanford and Famoso, California; Hereford, Texas; and Buckeye, Arizona. Savanna 561 Broderick Drive Savanna, IL 61074. 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. "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 is a Delaware Limited-Liability Company filed on August 7, 2020. Viserion International is a global agricultural merchant based in Boulder, Colorado. About Pinnacle Asset Management, L.P. 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 also the largest shareholder of Concord Resources Holdings Limited, a global metals merchant formed in 2015 with a team of former Noble Group executives. Viserion International, LLC is a business entity registered with Colorado Department of State (CDOS). Pinnacle is a $3.2 billion private, New York-based alternative asset management firm. ZGC is divesting the facilities in conjunction with its proposed acquisition of multiple grain elevators from Bunge. ; and Cottonwood Point, Mo. The business entity number is #20211075205. The transaction is subject to regulatory approval and is contingent upon the closing of the ZGC's previously announced acquisition of Bunge's facilities. 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 Agent Name National Registered Agents, Inc Agent Address 7700 E Arapahoe Rd Suite 220, Centennial, CO, 80112, US Directors / Officers. 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. Viserion Grain to acquire 11 grain elevators | Feedstuffs 44 COOK STREET SUITE 320 DENVER, CO 80206 _ ABOUT US LOCATIONS CAREERS CONTACT GROWERS 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). In 2021, 61C acquired Vega Energy Partners, Ltd. and WGL Midstream, Inc., a Houston, TX-based energy merchant and wholesale energy solutions business. Pinnacle Asset Management-Backed Viserion Grain Completes Acquisition About Viserion Grain, LLCViserion International Holdco, LLC ("Viserion International") is a global agricultural merchant based in Boulder, Colorado. 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. Viserion International Viserion 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 the firms physical commodities trading and merchanting businesses. Viserion Grain, LLC (Viserion) is a new entity supported by management with strong experience in the grain industry. Daniel Wyczolkowski M.S., CFA - LinkedIn Paraguay's President-elect Santiago Pena: puppet or pragmatist? 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. 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. 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. No portion of this site may be copied or reproduced without prior express written permission. ZGC is divesting the facilities in conjunction with its proposed acquisition of . 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 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. Home; About; Locations; Careers; Contact; Growers; . 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 Holdco, LLC ("Viserion International") is a global agricultural merchant based in Boulder, Colorado. McGregor 563-873-3436. 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. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Viserion International, LLC was registered at de on 25 Jan 2021 as a foreign limited liability company. 2001-2023 Country Journal Publishing Co. Privacy Policy | Terms of Use "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. Chad Pinter, currently Chief Financial Officer of Western Milling, will succeed Kevin as Chief Executive Officer. 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). IOWA. 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. Viserion International , LLC Mar 2021 - Present 2 years 2 months. 3065 Pershing Ct. Decatur, Il 62526 800-728-7511 217-877-9660 Email: webmaster@grainnet.com 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. The principal address is 44 COOK STREET, STE. Both transactions are expected to close in late-Spring 2021. completion of ZGC's acquisition of multiple grain elevators from Bunge, Subscribe here for Grain E-News delivered to your inbox every Thursday. Viserion International, LLC Nov 2022 - Present6 months Colorado, United States Integration of Risk/Development role from Viserion acquisition of Kruse Western/Western Milling. Zen-Noh Grain Corporation divesting facilities in conjunction with its proposed acquisition of Bunge elevators. The transaction was announced in April 2021 and was contingent upon the completion of ZGC's acquisition of multiple grain elevators from Bunge. 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. Viserion Grain, LLC - Connecting Local Producers to the World. 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. from 8 AM - 9 PM ET. Viserion International, LLC :: Colorado (US) :: OpenCorporates 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. DENVER, CO 80206, ABOUT US We use cookies to provide you with a better experience. ", 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. About Viserion Grain, LLC Viserion International Holdco, LLC ("Viserion International") is a global agricultural merchant based in Boulder, Colorado. Pinnacle-Backed Viserion Milling Acquires Western Milling 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. , 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. Western Milling has been a well-respected cornerstone of Californias agriculture industry for nearly a century, said Aaron Wiegand, chief executive officer of Viserion. 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. ; Caruthersville, Mo. "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. Tyler Spiegel - Chief Financial Officer - Viserion International , LLC If you do not want us and our partners to use cookies and personal data for these additional purposes, click 'Reject all'. 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"). The Registered Agent on file for this company is The Corporation Trust Company and is located at Corporation Trust Center 1209 Orange St, Wilmington, DE 19801. 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. 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 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. Pinnacle-Backed Viserion Milling Acquires Western Milling - PR Newswire Both transactions are expected to close in late-Spring 2021. "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. The facilities being acquired by Viserion are located in Huffman, Ark. Informa Markets, a trading division of Informa PLC. Pinnacle is a $3.2bn private, New York-based . 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. 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. 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 International Holdco, LLCViserion International is a global agricultural merchant based in Boulder, Colorado.
Champion Miniature Dachshund Breeders,
St Monica Primary School Ofsted,
Articles V