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. 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. Over the past six years, Pinnacle-managed entities have made several strategic investments to bolster the firm's physical commodities trading and merchanting businesses. Lines and paragraphs break automatically. To learn more, visit www.zgcusa.com. 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). About Western Milling, LLC 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 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 Asset Management-Backed Viserion Grain Completes Acquisition 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.. from 8 AM - 9 PM ET. Zen-Noh Grain Corporation divesting facilities in conjunction with its proposed acquisition of Bunge elevators. Web page addresses and e-mail addresses turn into links automatically. 44 COOK STREET SUITE 320 Both transactions are expected to close in late-Spring 2021. Both transactions are expected to close in late-Spring 2021. 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. Pinnacle provides its institutional investor base with exposure to the global commodities markets via physical and financial absolute return strategies and products. 44 COOK STREET SUITE 320 DENVER, CO 80206 _ ABOUT US LOCATIONS CAREERS CONTACT GROWERS 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. 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. (Riverside and Landside); Helena, Ark. 4 Jan 2023. Viserion Grain, LLC (Viserion) is a new entity supported by management with strong experience in the grain industry. Boulder, Colorado, United States Sr. Director - Finance FP&A, IT Cigna Nov 2019 - Dec 2020 1 year 2 months . National Registered Agents, Inc, agent; Recent filings for Viserion International, LLC. The transaction is subject to regulatory approval and is contingent upon the closing of the ZGC's previously announced acquisition of Bunge's facilities. Copyright 2023. Moreover, we will leverage the strategic assets to complement Viserion's domestic trading operations. About Viserion Grain, LLC Viserion International Holdco, LLC ("Viserion International") is a global agricultural merchant based in Boulder, Colorado. Principal address changed ILLINOIS. 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. 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. 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. 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. Both transactions are expected to close in late-Spring 2021. We look forward to working closely with Aaron and his dedicated team of industry experts as we further strengthen our business.". The business entity number is #20211075205. Over the past six years, Pinnacle-managed entities have made several strategic investments to bolster the firm's physical commodities trading and merchanting businesses. 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. ", 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. 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. Viserion Milling, a subsidiary of Viserion International, is expected to manage a portfolio of. 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. Pinnacle is a $3.2bn private, New York-based . Find out more about how we use your personal data in our privacy policy and cookie policy. Founded in 2000, with a heritage dating back to 1935, Western operates facilities across the Western US and Texas. Combined, the elevators have a total storage capacity of approximately 25 million bushels. 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 International is a global agricultural merchant based in Boulder, Colorado. Pinnacle is a $3.2 billion private, New York-based alternative asset management firm. 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. 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,. Viserion International Holdco, LLC ("Viserion International") is a global agricultural merchant based in Boulder, Colorado. Pinnacle-Backed Viserion Milling Acquires Western Milling - PR Newswire LOCATIONS VISERION INTERNATIONAL HOLDCO, LLC :: Delaware (US) - OpenCorporates The primary facilities being acquired by Viserion are located in Visalia (headquarters), Hanford and Famoso, California; Hereford, Texas; and Buckeye, Arizona. Viserion Grain, LLC is a newly formed grain company with a highly experienced leadership team. 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. Viserion Grain Locations - CO, IA, IL, MO, AR, and LA 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). 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. When typing in this field, a list of search results will appear and be automatically updated as you type. 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. Zen-Noh Grain Corporation and Viserion Grain, LLC Announce Sale and Viserion Milling, a subsidiary of Viserion International, is expected . Over the past six years, Pinnacle-managed entities have made several strategic investments to bolster the firms physical commodities trading and merchanting businesses. 3065 Pershing Ct. Decatur, Il 62526 800-728-7511 217-877-9660 Email: webmaster@grainnet.com 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 Viserion International Boulder, CO. 1.888.315.1556. Founded in 2000, with a heritage dating back to 1935, Western operates facilities across the Western US and Texas. Last year, Viserion acquired 10 grain elevator facilities across five states along the Mississippi and Ohio rivers with a total storage capacity of approximately 25 million bushels. "These assets will allow us to provide farmers with competitive access to global export markets. ", 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. Viserion International, LLC | LinkedIn ; Caruthersville, Mo. ZGC is divesting the facilities in conjunction with its proposed acquisition of multiple grain elevators from Bunge. "We are excited to work with Aaron and his team to continue to position Viserion as a leader in the global agricultural space.". We look forward to working with Western Milling's seasoned management team and excellent operational personnel, who will strengthen our international agribusiness platform.". About Pinnacle Asset Management, L.P. You can change your choices at any time by clicking on the 'Privacy dashboard' links on our sites and apps. ; Shawneetown, Illi. 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 Asset Management-Backed Viserion Grain Completes Acquisition Viserion International is a global agricultural merchant based in Boulder, Colorado. CAREERS ZGC is divesting the facilities in conjunction with its proposed acquisition of . 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. 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. Informa Markets, a trading division of Informa PLC. "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 Grain, LLC, a subsidiary of Viserion International, is expected to manage a portfolio of strategic grain storage and handling facilities. All previous. , 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. "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 Grain, LLC, a subsidiary of Viserion International, is expected to manage a portfolio of strategic grain storage and handling facilities. 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.". The investments include acquiring Five Rivers Cattle Feeding, the worlds largest cattle feeding operation from JBS USA in 2018. Combined, the elevators have a total storage capacity of approximately 25 million bushels. 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. To learn more, visit www.zgcusa.com. "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. McGregor 563-873-3436. "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. About Zen-Noh Grain CorporationZen-Noh Grain Corporation ("ZGC") is the U.S. subsidiary ofthe National Federation ofAgricultural CooperativeAssociations of Japan, Zen-Noh. If you would like to customise your choices, click 'Manage privacy settings'. "These assets will allow us to provide farmers with competitive access to global export markets. 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. ZGC also has grain origination interests in Canada and Brazil, and a forage processing business in Pasco, WA. 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-Backed Viserion Milling Acquires Western Milling About Pinnacle Asset Management, L.P. The business office address is located at 1803 S. Foothills Hwy Suite 120, Boulder, CO 80303. 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. 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. About Viserion Grain, LLCViserion International Holdco, LLC ("Viserion International") is a global agricultural merchant based in Boulder, Colorado. Viserion International , LLC Mar 2021 - Present 2 years 2 months. 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. Pinnacle-Backed Viserion Milling Acquires Western Milling - Yahoo We look forward to working closely with Aaron and his dedicated team of industry experts as we further strengthen our business.". BOULDER, Colo., June 13, 2022 /PRNewswire/ -- Viserion Milling, LLC ("Viserion"), a newly formed subsidiary of Viserion International Holdco, LLC ("Viserion International"), today. Educational and technical programs presented at the conference assist millers in improving yields, productivity, customer satisfaction and safety. File Report. Viserion Grain to acquire 11 elevators from Zen-Noh Viserion to acquire 11 elevators from Zen-Noh 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. 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. "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. The transaction was announced in April 2021 and was contingent upon the completion of ZGC's acquisition of multiple grain elevators from Bunge. Pinnacle provides its institutional investor base with exposure to the global commodities markets via physical and financial absolute return strategies and products. Pinnacle Asset Management-Backed Viserion Grain To Acquire 11 - Insider ZGC is divesting the facilities in conjunction with its proposed acquisition of multiple grain elevators from Bunge.