Pinnacle-Backed Viserion Milling Acquires California-based Agribusiness Western Milling.
MANews-(C)2009-2022
US-based nutrient solutions maker Viserion Milling, LLC, a newly formed subsidiary of Viserion International Holdco, LLC, has entered into an agreement to acquire California-based agribusiness Western Milling, LLC from Kruse Western, Inc, the company said.
Viserion International and its subsidiaries are backed by Pinnacle Asset Management, L.P., a New York-based alternative asset management firm focused on global commodities markets.
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 California--which accounts for approximately 20% of all US dairy output--and operates large-scale fertilizer transportation and grain merchandising businesses with a fleet of natural gas-powered trucks.
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.
The primary facilities being acquired by Viserion are located in Visalia (headquarters), Hanford and Famoso...
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