Pinnacle-Backed Viserion Elian Barcelona to Acquire Soya Crush Plant from Cargill
Viserion Oilseed Processing, LLC ("Viserion"), a newly formed subsidiary of Viserion International Holdco, LLC ("Viserion International"), today announced that its Elian Barcelona S.L.
- Viserion Oilseed Processing, LLC ("Viserion"), a newly formed subsidiary of Viserion International Holdco, LLC ("Viserion International"), today announced that its Elian Barcelona S.L.
- (“Elian Barcelona") subsidiary has entered into an agreement to acquire the Soya Crush Plant, a soybean crushing facility located in Barcelona, Spain, from Cargill Inc. Viserion International and its subsidiaries are backed by a fund managed by Pinnacle Asset Management, L.P. ("Pinnacle"), a New York-based alternative asset management firm focused on global commodities markets.
- The soybean crushing facility being acquired by Elian Barcelona, located at Moll Álvarez de la Campa in Barcelona, is an important infrastructural element of a globally integrated supply chain serving the Catalan, Spanish and European feed and food ingredient sectors.
- “We are proud to acquire and advance this important Catalan processing plant as we build a more resilient food system across Europe,” said Andres Martin, Founder and General Manager of Elian Barcelona.