Pinnacle Asset Management-backed, Viserion Grain, is set to acquire 11 grain elevator facilities in the US from Zen-Noh Grain Corporation (ZGC). ZGC is divesting the US facilities in conjunction with its proposed ZGC trades and exports corn, soybeans, sorghum, wheat, and byproducts from its state-of-the-art export elevator located on the Mississippi River, near Convent, Louisiana, to Japan and other global markets. It also has grain origination interests in Canada and Brazil. The deal is subject to regulatory approval and is contingent upon the closing of the ZGC's previously announced acquisition of Bunge's facilities, set for late spring 2021. Located across five states along the Mississippi and Ohio Rivers, Viserion said the grain elevators it is buying have a total storage capacity of about 25MBu and are well-positioned to provide competitive services for farmers and grain dealers.