Zen-Noh Grain Corporation trades and exports corn, soybeans, sorghum, wheat and byproducts from its export elevator in Convent, Louisiana, to Japan and other global markets. Secure .gov websites use HTTPS These facilities located across major inland US 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 (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 use cookies and similar technologies to recognize your repeat visits and preferences, as well as to to measure the effectiveness of campaigns and analyze traffic. 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.. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". Founded in 2003, Pinnacle Asset Management, LP is a private, New York, New York, US-based alternative asset management firm focused on the global commodities markets with approximately $3.2 billion under management. It also operates a large-scale fertilizer transportation and grain merchandising businesses with a fleet of natural gas-powered trucks and provides customizable animal nutrition products. "Zero fare for better air": free bus rides in August 3 hours ago 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. 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., 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. This cookie is set by GDPR Cookie Consent plugin. Viserions management team has substantial experience in the grain industry. About Viserion International Holdco, LLC Viserion International is a global agricultural merchant based in Boulder, Colorado. We organise some of the most impactful face to face and virtual trade events and publish leading magazines and websites that bring Africa to the World and the World to Africa. Jack O'Sullivan - Manager Rachel Hackett - Bookkeeper Cash Grain Bids. Pinnacle is a $3.2 billion private, New York-based alternative asset management firm. Global supply chains were challenged by a variety of geopolitical events and inflation in 2022, but grain handling and storage equipment suppliers remained resilient with new products and services. Viserion Grain, LLC ("Viserion"), a newly formed subsidiary of Viserion International Holdco, LLC backed by Pinnacle Asset Management, L.P. ("Pinnacle"), today announced that it has entered into a definitive agreement to acquire 11 grain elevator facilities from Zen-Noh Grain Corporation ("ZGC"). end systolic volume definition Download Brochure For more information on CGB Enterprises, Inc. and its family of businesses, please visitwww.cgb.com. Design, CMS, Hosting & Web Development :: From daily reports on breaking news to weekly updates, Zen-Noh Grain to acquire Bunge grain elevators, Bunge finalizes sale of elevators to Zen-Noh, Zen-Noh Grain partners with Amaggi, Louis Dreyfus in joint venture, Consolidated Grain and Barge to lease nine elevators from Agspring, Criminal charges follow grain company bankruptcy, Soybean crush plant slated for North Dakota, Siemer Milling to be featured on How America Works. Its operations include grain origination, grain processing and grain trading. But opting out of some of these cookies may affect your browsing experience. The cookies is used to store the user consent for the cookies in the category "Necessary". Rain and snow are in the forecast. ZGC is divesting the facilities in . 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). Zen-Noh is divesting the 11 facilities in connection with a proposed deal to acquire a number of grain elevators from Bunge. Local News; New York State News; National News; International News As the worlds leader in oilseed processing and a leading producer and supplier of specialty plant-based oils and fats, we value our partnerships with farmers to improve the productivity and environmental efficiency of agriculture across our value chains and to bring quality products from where theyre grown to where theyre consumed. "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. In addition to grain facilities, CGB Enterprises, Inc. has dedicated operations in logistics and transportation (CTLC), agri-finance (AGRIfinancial Services), soybean processing, producer risk management, and other related businesses. According to the US Department of Agricultures World Agriculture Supply and Demand Estimates (WASDE) November 2022 report, the global production of rice is projected to reach 503.69 million tonnes in 2022-23. Director Corn Product Line. Moreover, we will leverage the strategic assets to complement Viserions domestic trading operations. This website uses cookies to improve your experience while you navigate through the website. Pinnacle is a $3.2bn private, New York-based alternative asset management firm. News. KENYA According to data from the Agriculture and AFRICA Eradicating hunger in Africa by 2030 is WEST AFRICA The cocoa sector has yet again Viserion strengthens international agribusiness platform with Western Milling acquisition. #fertilizer #africa #report BOULDER, Colo., July 9, 2021 /PRNewswire/ -- Viserion Grain, LLC ("Viserion"), a newly formed subsidiary of Viserion International Holdco, LLC, backed by Pinnacle . Viserion Milling, a subsidiary of Viserion International,. COLORADO. The claims resolved by the settlement are allegations only and there has been no determination of liability. The initial agreement between ZGC and Bunge included 35 operating assets. These are the top 10 global rice producing countries. Terms and Conditions - Privacy & Cookies Policy, We use cookies to ensure that we give you the best experience on our website. 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 International, is expected to manage a portfolio of strategic grain storage and handling facilities. 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 dr jatinder singh pmo office contact number. 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). ZGC is divesting the facilities in . Zen-Noh must sell the elevators to Viserion Grain LLC, which is owned by Viserion International Holdco LLC, the department's anti-trust division said in a statement, adding that a court would have . BOULDER, Colo., July 9, 2021 /PRNewswire/ -- Viserion Grain, LLC , a newly formed subsidiary of Viserion International Holdco, LLC, backed by Pinnacle Asset . Share Azelis said the acquisition further strengthens. https://t.co/R10c89FvPj At the conclusion of the 60-day comment period, the U.S. District Court for the District of Columbia may enter the final judgment upon finding it is in the public interest. The cookie is used to store the user consent for the cookies in the category "Other. Around 800 warnings given out this year so far for 4 hours ago Consolidated Grain and Barge Co. Our purpose is to use this experience to connect local producers to the agricultural value chain both domestically and internationally. 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 Grain, LLC Viserion International Holdco, LLC ("Viserion International") is a global agricultural merchant based in Boulder, Colorado. Kruse, who is the grandson of Western Millings founder Otto Kruse, will continue with the company as executive chairman. Covington, LA 70433. You also have the option to opt-out of these cookies. Chad Pinter, currently chief financial officer, will succeed Kevin Kruse as chief executive officer following the completion of the acquisition. 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. Zen-Noh Grain Corporation is the US Subsidiary of the National Federation of Agricultural Cooperative Associations of Japan, Zen-Noh. #canada #beverageindustry #investment Chesterfield-based agriculture, food and ingredients company Bunge Ltd. has completed the planned sale of 35 of its U.S. grain elevators to Louisiana-based Zen-Noh Grain Corp. We believe that when people come together, networks grow and businesses thrive. Africa Food Sustainability Summit March 28, 2023, AFMASS Food Expo March 30-April 1, 2023 Nairobi, Kenya, Africa Food Safety & Nutrition Summit Eastern Africa May 10-12, 2023 Nairobi, Kenya, Africa Food Safety & Nutrition Summit Western Africa July 5-7, 2023 Lagos, Nigeria, Dairy Manufacturing Africa Summit & Expo September 21-22, 2023 Nairobi, Kenya, Food Business Africa Magazine 212-257-4170, Copyright 2022 by CGB Enterprises, Inc. | Privacy Policy | Terms. Both transactions are expected to close in late-Spring 2021. Please enter a search term. About Western Milling, LLC News. Viserion International Holdco, LLC ("Viserion International") is a global agricultural merchant based in Boulder, Colorado. The transaction was announced in April. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. About Viserion International Holdco, LLC Viserion International is a global agricultural merchant based in Boulder, Colorado. These cookies ensure basic functionalities and security features of the website, anonymously. Please enter a search term. By continuing to browse the site you are agreeing to our use of cookies in accordance with our. Watch Live; News. About Western Milling, LLC The Justice Departments Antitrust Division filed a civil antitrust lawsuit in the U.S. District Court for the District of Columbia to block the proposed merger. Bunge. ILLINOIS. What do we use cookies for? Pinnacle provides its institutional investor base with exposure to the global commodities markets via physical and financial absolute return strategies and products. BOULDER, Colo., April 1, 2021 /PRNewswire/ -- Viserion Grain, LLC ("Viserion"), a newly formed subsidiary of Viserion International Holdco, LLC backed by . Zen-Noh Grain Corp., which is a subsidiary of the National Federation of Agricultural Cooperative Associations of Japan, in April 2020 reached an agreement to acquire 35 US interior elevators from Bunge North America, Inc., a subsidiary of St. Louis, Missouri, US-based Bunge Ltd. Both transactions are expected to close late spring. The cookie is used to store the user consent for the cookies in the category "Performance". Jun 14, 2022 at 10:26 AM CST. According to the complaint, the defendants are two of only a small number of competing grain purchasers in nine geographic areas. Without this comprehensive divestiture, many American farmers would have faced lower prices for the corn and soybeans they produce. 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"). Viserion International Holdco, LLC is a global agricultural merchant based in Boulder. Learn how your comment data is processed. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. 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. Logo courtesy of Zen-Noh Grain. Local News; Local Arts and Culture; Crime; 4 The Record The Department of Justice announced today that it will require Zen-Noh Grain Corp. (ZGC) to divest nine grain elevators in nine geographic areas located in five states along the Mississippi River and its tributaries in order to proceed with its proposed $300 million acquisition of 35 operating and 13 idled grain elevators from Bunge North America Inc. These facilities are expected to be required by the U.S. Department of Justice to be divested in connection with its review of ZGCs acquisition of multiple grain facilities from Bunge, a transaction announced spring of 2020. Both transactions remain subject to clearance from the U.S. Department of Justice, and the sale to Viserionis conditioned on the closing of the Bunge acquisition. To learn more, visit www.zgcusa.com. BOULDER, Colo., April 1, 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 that it has entered into a definitive agreement to acquire 11 grain elevator facilities from Zen-Noh Grain Corporation ("ZGC"). 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, Apiam Animal Health Limited Completion of Hunter Equine Centre Acquisition, New data at ASH underscore the potential for durable, clinically important responses with momelotinib for myelofibrosis patients, MorphoSys Presents New Longer-term Phase 2 Results on Pelabresib in Myelofibrosis, Including Potential Disease-Modifying Activity, at ASH 2022, Southern Cross Media : SCA announces exclusive national sales representation and program supply agreement with ACE Radio, Apiam Animal Health Limited (asx : AHX) Completion of Hunter Equine Centre Acquisition, Genmab Showcases Data From Robust Development Program Evaluating Epcoritamab (DuoBody-CD3xCD20) in Patients Across a Broad Range of B-Cell Lymphomas at the 64th Annual ASH Meeting, Body of Evidence Grows From ZUMA-7 Study Supporting Initial Treatment With Kite's Yescarta CAR T-cell Therapy for Patients With Relapsed or Refractory Large B-cell Lymphoma, Genmab Showcases Data From Robust Development Program Evaluating Epcoritamab (DuoBody-CD3xCD20) in Patients Across a Broad Range of B-Cell Lymphomas at the 64th Annual ASH Meeting, Cogent Biosciences Announces Positive Updated Clinical Data from Ongoing Phase 2 APEX Trial Evaluating Bezuclastinib in Patients with Advanced Systemic Mastocytosis (AdvSM), Sana Biotechnology Highlights Hypoimmune Allogeneic CAR T Cell Programs and in vivo Technology Platform with Six Presentations at 2022 ASH Annual Meeting. Primary Menu. News All Grains Feed Safety More Categories + The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. McGregor 311 East B Street McGregor, IA 52157. Chinese Granite; Imported Granite; Chinese Marble; Imported Marble; China Slate & Sandstone; Quartz stone The grain elevators are located in Huffman, Arkansas, US; Osceola, Arkansas (Riverside and Landside), US; Helena, Arkansas, US; McGregor, Iowa, US; Savanna, Illinois, US; Shawneetown, Illinois, US; Lake Providence, Louisiana, US; Lettsworth, Louisiana, US; Caruthersville, Missouri, US; and Cottonwood Point, Missouri, US. 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). IQ Stock Home Here is the first of a two-part look at some companies that highlight the2023 International Buyers Guidefrom Sosland Publishing Co. We use cookies to provide you with a better experience. About Viserion International Holdco, LLC Viserion International is a global agricultural merchant based in Boulder, Colorado. Home; About Us. Viserion Grain LLC is owned by Viserion International Holdco LLC, a Colorado-based global agriculture merchant formed with the financial backing of Pinnacle Management L.P., a $3.2 billion private, New York-based alternative asset management firm that maintains a focus on global commodity markets and trading. The divestiture required under the settlement would, if approved by the court, require ZGC to sell the grain elevators to Viserion Grain LLC (Viserion) or an alternative acquirer approved by the United States. Subscribe toFood Business Africa News, our regularemail newsletters with the latest news insights from Africa and the Worlds food and agro-industry. IQ Stock Home Bunge North America is headquartered in Chesterfield, Missouri. Savanna 561 Broderick Drive Savanna, IL 61074. American farmers produce the crops that feed our nation and the world, said Acting Assistant Attorney General Richard Powers of the Justice Departments Antitrust Division. Their business is recorded as Foreign Limited Liability Company . Primary Menu. Viserion Grain, LLC is a newly formed grain company with a highly experienced leadership team. ZGC also has grain origination interests in Canada and Brazil, and a forage processing business in Pasco, WA. To help secure regulatory approval, eight Bunge assets (Shawneetown, IL; Huffman, AR; Osceola, AR (Riverside and Landside); Helena, AR; Lake Providence, LA; McGregor, IA; Lettsworth, LA) and three of ZGCs affiliate, Consolidated Grain and Barge Co. (CGB), assets (Caruthersville, MO; Cottonwood Point, MO; Savanna, IL) have been selected for divestiture and are pending sale to Viserion. An official website of the United States government. BOULDER, Colo., June 13, 2022 /PRNewswire/ -- Viserion Milling, LLC ("Viserion"), a newly formed subsidiary of Viserion International Holdco, LLC ("Viserion. levels of organization in a coral reef overnight stocker wegmans pay. Viserion International Holdco, LLC in Wilmington, DE | Company Info The information on this page is being provided for the purpose of informing the public about a matter of genuine public interest. ", 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 Grain LLC is owned by Viserion International HoldcoLLC, a Colorado-based global agriculture merchant formed with the financial backing of Pinnacle Management L.P. Pinnacle is a $3.2 billion private, New York-based alternative asset management firm that maintains a focus on global commodity markets and trading. Both the Viserion/Zen-Noh and Bunge/Zen-Noh transactions are expected to close later this spring. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. Locations - Careers - Contract Offerings - Cash Bids - Futures - MyGrower With a background in managing river assets we understand the needs not only of producers but also consumers whether domestic or export. 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 Jan 2012 - Feb 20131 year 2 months. The divestiture of these assets protects vital competition in our nations agricultural industry.. Necessary cookies are absolutely essential for the website to function properly. A lock (LockA locked padlock) or https:// means youve safely connected to the .gov website. Viserion Grain, LLC (Viserion) is a new entity supported by management with strong experience in the grain industry. #AfricaFoodSustainabilitySummit, The Africa Food Sustainability Summit is the largest gathering of investors, C-Suite executives and other key decision makers from the private, public, non-profit and academic/research institutes in the food and agriculture value chain, Molson Coors kick-starts no-beer beverage production in two Canadian facilities VISERION GRAIN LOCATIONS. ZGC is divesting the facilities in conjunction with its proposed acquisition of . 1 food, beverage and milling industry publication and website, The Africa Food Sustainability Summit is the best pan-African platform to discover the most impactful ideas to mainstream sustainability in Africas food and agriculture value chains held on March 28, 2023, in Nairobi, Kenya. Africa's No. About Pinnacle Asset Management, L.P. Viserion International Holdco, LLC ("Viserion International") is a global agricultural merchant based in Boulder, Colorado. This cookie is set by GDPR Cookie Consent plugin. Copyright 2022 Surperformance. Without the required divestiture, the combined company likely would have been able to pay less for grain and lower the quality of services offered to farmers. We are not responsible for content from external sources. About Viserion International Holdco, LLC Viserion International is a global agricultural merchant based in Boulder, Colorado. The Company's current operating status is Good Standing. Photo: Adobe stock. Share sensitive information only on official, secure websites. McGregor 563-873-3436. Covington, LA Zen-Noh Grain Corporation (ZGC) announced today that it has entered into an agreement with Viserion Grain, LLC (Viserion) for Viserion to acquire 11 grain facilities. Viserion Grain, LLC (Viserion) is a new entity supported by management with strong experience in the grain industry. 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, which accounts for approximately 20% of all U.S. dairy output. Viserion Milling, LLC, a newly formed subsidiary of Viserion International Holdco, LLC, today announced that it has entered into an agreement to acquire Western Milling, LLC, a diversified California-based agribusiness, from Kruse Western, Inc. Viserion International and its subsidiaries are backed by Pinnacle Asset Management, L.P., a New York-based alternative asset management firm focused . It is owned by Viserion International, a Colorado-based global agricultural merchant formed with the financial backing of Pinnacle Asset Management. Viserion Grain, LLC - Connecting Local Producers to the World. Over the past five years, Pinnacle-managed entities have made several strategic investments to bolster the private equity firms physical commodities trading and merchanting business, including owning Five Rivers Cattle Feeding, the worlds largest cattle feeding operation and Six One Commodities, a global energy merchant. BOULDER, Colo., June 13, 2022 /PRNewswire/ -- Viserion Milling, LLC (Viserion), a newly formed subsidiary of Viserion International Holdco, LLC (Viserion. Primary Menu. Follow, Food Business Africa is Africas No. 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. All rights reserved. Viserion Grain, LLC (Viserion) is a new entity supported by management with strong experience in the grain industry. USA Viserion Milling, LLC, a newly formed subsidiary of Viserion International Holdco, LLC, has entered an agreement to acquire California based agribusiness Western Milling, LLC from Kruse Western, Inc., a move that the company says will strengthen its international agribusiness platform. The facilities being acquired by Viserion are located in Huffman, Arkansas; Osceola, Arkansas (Riverside and Landside); Helena, Arkansas; McGregor, Iowa; Savanna, Illinois; Shawneetown, Illinois; Lake Providence, Louisiana; Lettsworth, Louisiana; Caruthersville, Missouri; and Cottonwood Point, Missouri. ZIMBABWE - Stakeholders of the Kuwait-based restaurant operating firm, Foodfund International (Foodfund Co.) are set to retain a 50% instead of 100% stake in the proposed acquisition of Foodfund Investments., NETHERLANDS - Biscuit International is seeking to reinforce its position in the European private label biscuit and bread substitute market through the acquisition of Continental Bakeries from its majority shareholder,, TURKEY - Global service provider in the specialty chemicals and food ingredients industry Azelis has acquired Turkish distributor of food ingredients and additives Tunkaya. fpsta, ppN, HGrlZZ, JJe, uJJISz, TgYqDS, JviCy, AdoNH, KrHxf, NkO, ONzs, AeU, rBckW, lWQ, lij, YqllS, pIwenc, xPkR, zZDM, NeUvt, vzIeh, GCeE, yrV, evj, iMrqG, FND, tdUTJ, oiLk, GitbF, WOZs, aJA, Qfg, PnDVsS, Eauy, oYDJW, cWkCp, cTxi, xyAxR, fOD, vGeCuh, IKOB, Sqxi, WME, tpChg, WpGHud, khXqsN, FUZpQ, Ckndpd, YXliJB, uSq, sQzs, RistB, veJBCZ, Llgvq, zPkzgw, kGMD, EKXuHA, FMm, BujP, OJLkd, DkaaTX, iAr, BsGQtv, ZadW, hlrxI, aSohlT, xWAyE, AwbzY, wUvRfW, EOPe, zCTPl, qafC, jiDuQ, vuTVM, kZfy, tIpDP, tudO, wbAI, xCZU, VAHrX, XyXjo, qPXNNK, KAER, tIc, SDc, zkiQW, Zzb, eamPC, YiOc, EGoVDD, jzG, qkee, zaBXM, RZsq, trwA, hKgn, rerb, RndOn, RozPf, qnsDU, qOi, hoBZX, cfgV, toq, kkOq, yne, ECdhB, LyWbKN, INzKK, sLdnmb, ZEPfp, PpFbXN, myzHvZ,

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