Pinnacle-Backed Viserion Milling Acquires Western Milling 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. Viserion International is a global agricultural merchant based in Boulder, Colorado. 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. 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. 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. To learn more, visit www.zgcusa.com. 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. 2022 Viserion International - All Rights Reserved 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. VISERION GRAIN LOCATIONS. "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. To learn more, visit www.zgcusa.com. 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 Pinnacle Asset Management, L.P. COLORADO. To learn more, visit www.zgcusa.com. 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. Locations - Careers - Contract Offerings - Cash Bids - Futures - MyGrower. ; Lake Providence, La. Zen-Noh Grain Corporation and Viserion Grain, LLC Announce Sale and "We are excited to work with Aaron and his team to continue to position Viserion as a leader in the global agricultural space.". LOCATIONS "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. ILLINOIS. CONTACT About Viserion Grain, LLCViserion International Holdco, LLC ("Viserion International") is a global agricultural merchant based in Boulder, Colorado. Viserion Grain, LLC, a subsidiary of Viserion. ; and Cottonwood Point, Mo. 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 $3.6 billion under management. 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 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 Milling, a subsidiary of Viserion International, is expected to manage a portfolio of. Viserion International, LLC is a business entity registered with Colorado Department of State (CDOS). Pinnacle provides its institutional investor base with exposure to the global commodities markets via physical and financial absolute return strategies and products. Jack O'Sullivan - Manager Rachel Hackett - Bookkeeper Cash Grain Bids. The transaction was announced in April 2021 and was contingent upon the completion of ZGC's acquisition of multiple grain elevators from Bunge. Daniel Wyczolkowski M.S., CFA - LinkedIn The facilities being acquired by Viserion are located in Huffman, Ark. 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. All previous. About Viserion Grain, LLCViserion International Holdco, LLC ("Viserion International") is a global agricultural merchant based in Boulder, Colorado. Boulder, Colorado, United States Sr. Director - Finance FP&A, IT Cigna Nov 2019 - Dec 2020 1 year 2 months . When typing in this field, a list of search results will appear and be automatically updated as you type. 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. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. 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. Combined, the elevators have a total storage capacity of approximately 25 million bushels. 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. 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. Viserion Grain, LLC, a subsidiary of Viserion International, is expected to manage a portfolio of strategic grain storage and handling facilities. The transaction was announced in April 2021 and was contingent upon the completion of ZGC's 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. Viserion Grain, LLC (Viserion) is a new entity supported by management with strong experience in the grain industry. ", "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 Pinnacle Asset Management, L.P. 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. "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. The principal address is 44 COOK STREET, STE. We are excited to work with Aaron and his team to continue to position Viserion as a leader in the global agricultural space.". 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 Grain, LLC, a subsidiary of Viserion International, is expected to manage a portfolio of strategic grain storage and handling facilities. ", 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. Pinnacle-Backed Viserion Milling Acquires Western Milling The number id for this business is 20211075205. About Zen-Noh Grain CorporationZen-Noh Grain Corporation ("ZGC") is the U.S. subsidiary ofthe National Federation ofAgricultural CooperativeAssociations of Japan, Zen-Noh. Chief Executive Officer Viserion International, LLC Jan 2021 - Present2 years 4 months Denver Metropolitan Area Principal Viserion Commodities LLC May 2018 - Jan 20212 years 9 months Boulder,. We are excited to work with Aaron and his team to continue to position Viserion as a leader in the global agricultural space.". from 8 AM - 9 PM ET. Pinnacle is a $3.2bn private, New York-based . Paraguay's President-elect Santiago Pena: puppet or pragmatist? Viserion Grain, LLC, a subsidiary of Viserion International, is expected to manage a portfolio of strategic grain storage and handling facilities. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. By continuing to browse the site you are agreeing to our use of cookies in accordance with our. About Pinnacle Asset Management, L.P. The programs are presented by seasoned professionals in the field who have experienced the issues affecting millers first-hand. Both transactions are expected to close in late-Spring 2021. 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). 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. 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. Cision Distribution 888-776-0942 Viserion Grain, LLC, a subsidiary of Viserion International, is expected to manage a portfolio of strategic grain storage and handling facilities. All rights reserved. Media ContactKevin FitzGeraldGasthalter & Co.(212) 257-4170, Cision Distribution 888-776-0942 ZGC also has grain origination interests in Canada and Brazil, and a forage processing business in Pasco, WA. About Zen-Noh Grain CorporationZen-Noh Grain Corporation ("ZGC") is the U.S. subsidiary ofthe National Federation ofAgricultural CooperativeAssociations of Japan, Zen-Noh. The company operates large-scale fertilizer transportation and grain merchandising businesses with a fleet of natural gas-powered trucks. Viserion International, LLC Nov 2022 - Present6 months Colorado, United States Integration of Risk/Development role from Viserion acquisition of Kruse Western/Western Milling. We look forward to working closely with Aaron and his dedicated team of industry experts as we further strengthen our business.". We seek to provide a customer-focused approach and a suite of marketing, transportation and storage services to enhance opportunities for our producers. Western Milling has been a well-respected cornerstone of Californias agriculture industry for nearly a century, said Aaron Wiegand, chief executive officer of Viserion. The new Iowa State University Kent Feed Mill and Grain Science Complex is nearing completion in Ames, Iowa, US. Viserion Grain, LLC (Viserion) is a new entity supported by management with strong experience in the grain industry. Both transactions are expected to close in late-Spring 2021. IOWA. 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. ZGC also has grain origination interests in Canada and Brazil, and a forage processing business in Pasco, WA. Combined, the elevators have a total storage capacity of approximately 25 million bushels. About Viserion International Holdco, LLCViserion International is a global agricultural merchant based in Boulder, Colorado. We use cookies to provide you with a better experience. We look forward to working with Western Millings seasoned management team and excellent operational personnel, who will strengthen our international agribusiness platform.. 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"). Pinnacle Asset Management-Backed Viserion Grain Completes Acquisition 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 transaction is subject to regulatory approval and is contingent upon the closing of the ZGC's previously announced acquisition of Bunge's facilities. 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. About Pinnacle Asset Management, L.P. 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. 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. About Viserion International Holdco, LLC Viserion International is a global agricultural merchant based in Boulder, Colorado. "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. 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 provides its institutional investor base with exposure to the global commodities markets via physical and financial absolute return strategies and products. Moreover, we will leverage the strategic assets to complement Viserion's domestic trading operations. VISERION INTERNATIONAL HOLDCO, LLC is a Delaware Limited-Liability Company filed on August 7, 2020. About Western Milling, LLC 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. Principal address changed Viserion International, LLC 1803 S. Foothills Hwy Suite 120, Boulder 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. 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). 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. 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 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. The business entity number is #20211075205. Zen-Noh Grain Corp. and Viserion Grain, LLC Announce Sale and Purchase In 2021, 61C acquired Vega Energy Partners, Ltd. and WGL Midstream, Inc., a Houston, TX-based energy merchant and wholesale energy solutions business.