Viserion Elian Barcelona to Acquire Soya Crush Plant from Cargill.
MANews-(C)2009-2023
Spain-based Elian Barcelona S.L., a subsidiary of Colorado-based agricultural merchant Viserion Oilseed Processing, LLC, has agreed to acquire the soybean crushing facility, Soya Crush Plant, located in Barcelona, Spain, from Cargill Inc., the company said.
Terms of the transaction were not disclosed.
Viserion International and its subsidiaries are backed by a fund managed by Pinnacle Asset Management, L.P., a New York-based alternative asset management firm focussed on global commodities markets.
The soybean crushing facility is an infrastructural element of a globally integrated supply chain serving the Catalan, Spanish and European feed and food ingredient sectors.
Elian Barcelona intends to expand the plant's capabilities to produce a wider range of sustainable, innovative food and specialty feed ingredients, through...
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