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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 ). ZGC is divesting the facilities in conjunction with its proposed acquisition of multiple grain elevators from Bunge.
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. 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, Missour