"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. ZGC is divesting the facilities in conjunction with its proposed acquisition of multiple grain elevators from Bunge. Media ContactKevin FitzGeraldGasthalter & Co.(212) 257-4170, Cision Distribution 888-776-0942 Viserion International Holdco, LLC ("Viserion International") is a global agricultural merchant based in Boulder, Colorado. 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. CONTACT The transaction was announced . DENVER, CO 80206, ABOUT US We are excited to work with Aaron and his team to continue to position Viserion as a leader in the global agricultural space.". 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. We are excited to work with Aaron and his team to continue to position Viserion as a leader in the global agricultural space.". Viserion International Holdco, LLC is a global agricultural merchant based in Boulder. 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. "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. 86% of retail CFD accounts lose money, Registration on or use of this site constitutes acceptance of our. 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. The transaction was announced in April 2021 and was contingent upon the completion of ZGC's acquisition of multiple grain elevators from Bunge. Feed milling is expected to start this summer with the grain portion of the facility being ready for fall harvest. The company's filing status is listed as Active and its File Number is 3398569. COLORADO. "We are excited to work with Aaron and his team to continue to position Viserion as a leader in the global agricultural space.". 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 Viserion International Holdco, LLCViserion 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. We look forward to working with Western Milling's seasoned management team and excellent operational personnel, who will strengthen our international agribusiness platform.". 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. 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. Viserion Grain, LLC, a subsidiary of Viserion International, is expected . About Pinnacle Asset Management, L.P. 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 Holdco, LLC ("Viserion International") is a global agricultural merchant based in Boulder, Colorado. Pinnacle provides its institutional investor base with exposure to the global commodities markets via physical and financial absolute return strategies and products. 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. 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. Both transactions are expected to close in late-Spring 2021. ZGC also has grain origination interests in Canada and Brazil, and a forage processing business in Pasco, WA. 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. Rabobank acted as the exclusive financial advisor to Kruse Western, Inc. on the transaction. Pinnacle is a $3.2bn private, New York-based . CAREERS 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. "These assets will allow us to provide farmers with competitive access to global export markets. Combined, the elevators have a total storage capacity of approximately 25 million bushels. We use cookies to provide you with a better experience. 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. 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. Viserion Grain, LLC, a subsidiary of Viserion. Viserion Grain, LLC, a subsidiary of Viserion International, is expected to manage a portfolio of strategic grain storage and handling facilities. About Pinnacle Asset Management, L.P. Web page addresses and e-mail addresses turn into links automatically. The company operates large-scale fertilizer transportation and grain merchandising businesses with a fleet of natural gas-powered trucks. 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. Feedstuffs is part of the Informa Markets Division of Informa PLC. The investments include acquiring Five Rivers Cattle Feeding, the worlds largest cattle feeding operation from JBS USA in 2018. Viserion Grain, LLC, a subsidiary of Viserion International, is expected to manage a portfolio of strategic grain storage and handling facilities. Combined, the elevators have a total storage capacity of approximately 25 million bushels. GROWERS. 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. Boulder, Colorado, United States Sr. Director - Finance FP&A, IT Cigna Nov 2019 - Dec 2020 1 year 2 months . Founded in 2000, with a heritage dating back to 1935, Western operates facilities across the Western US and Texas. Pinnacle provides its institutional investor base with exposure to the global commodities markets via physical and financial absolute return strategies and products. About Viserion International Holdco, LLCViserion International is a global agricultural merchant based in Boulder, Colorado. 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. The principal address is 44 COOK STREET, STE. 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, LLC Nov 2022 - Present6 months Colorado, United States Integration of Risk/Development role from Viserion acquisition of Kruse Western/Western Milling. Viserion International, LLC was registered at de on 25 Jan 2021 as a foreign limited liability company. Viserion Milling, a subsidiary of Viserion International, is expected to manage a portfolio of strategic feed mill operations. About Viserion Grain, LLC Viserion International Holdco, LLC ("Viserion International") is a global agricultural merchant based in Boulder, Colorado. To learn more, visit www.zgcusa.com. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. ZGC also has grain origination interests in Canada and Brazil, and a forage processing business in Pasco, WA. 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. This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. 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. Viserion International, LLC is a business entity registered with Colorado Department of State (CDOS). Chad Pinter, currently Chief Financial Officer of Western Milling, will succeed Kevin as Chief Executive Officer. Denver 44 Cook Street, Suite 320 Denver, CO 80206.
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