BOULDER, COLORADO, US — Viserion Grain LLC (VGC) has acquired four grain elevator assets from Greenfield Grain, LLC, located in Parkdale, Arkansas, US, and Dunn, Crowville, and Lake Providence, Louisiana, US. Terms of the transaction were not disclosed.

Established in 2021, VGC is a subsidiary of Viserion International Holdco, LLC, a Boulder, Colorado, US-based global agricultural merchant formed with the financial backing of commodities investment firm Pinnacle Asset Management, L.P. VGC provides marketing, transportation, commercial management, and grain storage solutions to customers from northern Iowa to southern Louisiana along the nation’s inland waterways.

“The addition of these strategic assets to VGC’s growing portfolio will materially expand the company’s ability to connect local producers to the domestic and international agricultural value chain,” said Jason M. Kellman, managing partner and chief investment officer of Pinnacle. “It will also position VGC to continue serving its customers’ grain storage, transportation, and commercial management needs across the Central and Southern US.”

Tim Gallagher, president of VGC, said the acquisition demonstrates the company’s ongoing commitment to enhance origination capabilities for its customers.

“Expanding our footprint in the deep South with these grain elevator assets will help VGC to reliably supply high-quality grains to meet the evolving demands of domestic and global agriculture markets,” he said.