Gavilon Completes the Acquistion of Millard Grain

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Grain operation will continue to buy and store grain from area producers

 

Omaha, Neb. (Oct. 17, 2011)– Gavilon, LLC today announced it has completed the acquisition of Millard Grain located in Avalon, Wisconsin, through its wholly owned subsidiary DeBruce Grain, Inc. Gavilon will continue buying and storing grain from area producers and fulfill all existing forward purchase and sales contracts.

 

“We are pleased to be expanding our presence in southern Wisconsin and looking forward to establishing and building relationships with area producers,” said Marv Hachmeister, vice president at Gavilon Grain. “Being part of an extensive marketing and distribution network allows us to provide customers enhanced services and better value.”

 

The Avalon facility is located at 2939 Old Highway 140 South in Avalon. For additional information about Avalon cash bids, please contact Derek Reed, facility manager, or Ben Eisenhart, merchandiser, at (608) 754-4673.

 

About Gavilon, LLC

Gavilon, LLC is a subsidiary of The Gavilon Group, LLC. Headquartered in Omaha, Nebraska, The Gavilon Group, LLC is a leading commodity management firm, connecting producers and consumers of feed, food and fuel through its global supply chain network.

 

Gavilon’s history dates back to 1874, when Peavey Company built its first grain facility. In 1982, Peavey was acquired by ConAgra Foods, Inc. and later became part of ConAgra Trade Group. In 2008, a group of investors, led by Ospraie Management, LLC, formed Gavilon and acquired ConAgra Trade Group, enabling the newly formed, privately held company to focus on growing its commodity business. In 2010, Gavilon acquired the DeBruce Companies, significantly expanding the company’s agricultural operations.

 

Today, Gavilon leverages its strategic partnerships and more than 300 facilities and regional offices worldwide to link agricultural and energy supply with increasing global demand. The company provides origination, storage and handling, transportation and logistics, marketing and distribution, and risk management services to tens of thousands of customers each year and employs 1,900 people around the world. For more information, please visit www.gavilon.com.