Agribusiness  March 19, 2018

Pinnacle completes $200M acquisition of Greeley-based Five Rivers Cattle Feeding

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GREELEY — Pinnacle Asset Management LP,  a New York-based commodities and natural-resources investment firm, has completed its acquisition of Five Rivers Cattle Feeding from Greeley-based JBS USA for $200 million. The deal, announced Jan. 17, became final March 16.

Five Rivers, also based in Greeley, includes a collection of cattle-feeding assets and farms. As part of the transaction, Five Rivers entered into a long-term agreement to supply cattle to JBS USA beef-processing plants.

Five Rivers Cattle Feeding is the largest cattle-feeding operation in the world, with roots in the United States dating back to the…

Christopher Wood
Christopher Wood is editor and publisher of BizWest, a regional business journal covering Boulder, Broomfield, Larimer and Weld counties. Wood co-founded the Northern Colorado Business Report in 1995 and served as publisher of the Boulder County Business Report until the two publications were merged to form BizWest in 2014. From 1990 to 1995, Wood served as reporter and managing editor of the Denver Business Journal. He is a Marine Corps veteran and a graduate of the University of Colorado Boulder. He has won numerous awards from the Colorado Press Association, Society of Professional Journalists and the Alliance of Area Business Publishers.
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