Viserion Milling, a subsidiary of Viserion International, is expected to manage a portfolio of. In 2021, 61C acquired Vega Energy Partners, Ltd. and WGL Midstream, Inc., a Houston, Texas, US-based energy merchant and wholesale energy solutions business. Viserion Grain, LLC, a subsidiary of Viserion International, is expected to manage a portfolio of strategic grain storage and handling facilities. Home; About; Locations; Careers; Contact; Growers; . If you do not want us and our partners to use cookies and personal data for these additional purposes, click 'Reject all'. 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. "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 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. 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, In flight from Sudan, refugees in Chad give birth alone without shelter, Head of Mexican migration authority charged over deadly Juarez fire, Dubai crypto regulator awards first broker-dealer MVP operational license, Sudan conflict shows no sign of easing, Sudanese brace for more violence, Getir In Talks To Take Over German Grocery App Rival Flink - FT, Grocery app Getir in talks to take over German rival Flink - FT, Canada public workers reach contract agreement with federal govt, ending strike, JGB yields stabilise near one-month lows in BOJ aftermath, Pope: Vatican involved in secret Ukraine peace mission, Astellas Pharma to acquire Iveric Bio in USD5.9 billion deal, Almost 4,600 hospitality firms close in year as energy bills rocket, India April factory activity hits 4-month high on robust demand, Sony shares tumble on weaker-than-expected annual outlook, Oil fire part of Ukraine's preparation for counter-offensive - military. The principal address is 44 COOK STREET, STE. Viserion International is a global agricultural merchant based in Boulder, Colorado. 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. Both transactions are expected to close in late-Spring 2021. 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. GROWERS. "These assets will allow us to provide farmers with competitive access to global export markets. 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. 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 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. Viserion International Holdco, LLC is a global agricultural merchant based in Boulder. About Zen-Noh Grain CorporationZen-Noh Grain Corporation ("ZGC") is the U.S. subsidiary ofthe National Federation ofAgricultural CooperativeAssociations of Japan, Zen-Noh. About Viserion International Holdco, LLCViserion International is a global agricultural merchant based in Boulder, Colorado. Lines and paragraphs break automatically. Pinnacle is a $3.2 billion private, New York-based alternative asset management firm. 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. The transaction was announced . The business entity number is #20211075205. 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. We seek to provide a customer-focused approach and a suite of marketing, transportation and storage services to enhance opportunities for our producers. 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. "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. Founded in 2000, with a heritage dating back to 1935, Western operates facilities across the Western US and Texas. 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 is a $3.2bn private, New York-based . Moreover, we will leverage the strategic assets to complement Viserion's domestic trading operations. Oil prices slide on Fed rate hike expectations, weaker China PMI, US Senator Tim Scott teases May 22 announcement on presidential bid. About Pinnacle Asset Management, L.P. 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. We look forward to working closely with Aaron and his dedicated team of industry experts as we further strengthen our business.". We look forward to working with Western Millings seasoned management team and excellent operational personnel, who will strengthen our international agribusiness platform.. We use cookies to provide you with a better experience. About Viserion Grain, LLCViserion International Holdco, LLC ("Viserion International") is a global agricultural merchant based in Boulder, Colorado. ", 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. By continuing to browse the site you are agreeing to our use of cookies in accordance with our. IOWA. File Report. Over the past six years, Pinnacle-managed entities have made several strategic investments to bolster the firm's physical commodities trading and merchanting businesses. Viserion International , LLC Mar 2021 - Present 2 years 2 months. BOULDER, Colo., June 13, 2022 /PRNewswire/ -- Viserion Milling, LLC ("Viserion"), a newly formed subsidiary of Viserion International Holdco, LLC ("Viserion International"), today. 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. About Viserion Grain, LLC Viserion International Holdco, LLC ("Viserion International") is a global agricultural merchant based in Boulder, Colorado. 44 COOK STREET SUITE 320 DENVER, CO 80206 _ ABOUT US LOCATIONS CAREERS CONTACT GROWERS Chad Pinter, currently Chief Financial Officer of Western Milling, will succeed Kevin as Chief Executive Officer. ZGC is divesting the facilities in conjunction with its proposed 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). We look forward to working closely with Aaron and his dedicated team of industry experts as we further strengthen our business.". Viserion International Holdco, LLC ("Viserion International") is a global agricultural merchant based in Boulder, Colorado. 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. Rabobank acted as the exclusive financial advisor to Kruse Western, Inc. on the transaction. BOULDER, Colo., June 13, 2022 /PRNewswire/ -- Viserion Milling, LLC ("Viserion"), a newly formed subsidiary of Viserion International Holdco, LLC ("Viserion International"), today. About Pinnacle Asset Management, L.P. 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,. 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. 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. 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. The transaction is subject to regulatory approval and is contingent upon the closing of the ZGC's previously announced acquisition of Bunge's facilities. "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. 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. 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 The business is formed on January 25, 2021. Combined, the elevators have a total storage capacity of approximately 25 million bushels. Zen-Noh Grain Corporation divesting facilities in conjunction with its proposed acquisition of Bunge elevators. 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. Combined, the elevators have a total storage capacity of approximately 25 million bushels. Pinnacle is a $3.2bn private, New York-based . About Pinnacle Asset Management, L.P. ZGC is divesting the facilities in conjunction with its proposed acquisition of . Number 8860726. Founded in 2000 with a heritage 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 California. 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 will not only help Viserion build their agricultural trading platform and improve their grain handling capabilities, but also complement their strong domestic trading operations. Pinnacle provides its institutional investor base with exposure to the global commodities markets via physical and financial absolute return strategies and products. The company's filing status is listed as Active and its File Number is 3398569. 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. Locations - Careers - Contract Offerings - Cash Bids - Futures - MyGrower. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Viserion Milling, a subsidiary of Viserion International, is expected . 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). 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. With experienced teams locally at each facility we will continue to build on existing relationships, establish new ones, and grow together with the communities we serve. Moreover, we will leverage the strategic assets to complement Viserion's domestic trading operations. Friday gives silver lining to a sour week, USDA announces start of climate-smart commodity program, Biden administration issues waiver allowing summer E15 sales. Pinnacle provides its institutional investor base with exposure to the global commodities markets via physical and financial absolute return strategies and products. Viserion International is a global agricultural merchant based in Boulder, Colorado. About Pinnacle Asset Management, L.P. 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.. Viserion Grain, LLC, a subsidiary of Viserion. 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. Web page addresses and e-mail addresses turn into links automatically. The primary facilities being acquired by Viserion are located in Visalia (headquarters), Hanford and Famoso, California; Hereford, Texas; and Buckeye, Arizona. We look forward to working with Western Milling's seasoned management team and excellent operational personnel, who will strengthen our international agribusiness platform.". 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. 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. As part of the acquisition Viserion is acquiring Western Millings facilities in Visalia, Hanford and Famoso, California, US; Hereford, Texas, US; and Buckeye, Arizona, US.

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