Gavilon - Ngl Energy

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Gavilon is a commodity management firm based in Omaha, Nebraska. The company is organized into two operating segments:


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Operating segments

Grain & Ingredients - Gavilon originates, stores, and distributes grains and oilseeds, as well as feed and food ingredients, to food manufacturers, livestock producers, poultry processors, soybean processors and ethanol producers worldwide.

Fertilizer - The company also partners with offshore suppliers and leverages its global logistics system to provide customers competitively priced fertilizer.

Gavilon uses the futures market to manage price risk associated with inventory positions and forward contracts.


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History

The company'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 formed Gavilon and acquired ConAgra Trade Group, enabling the privately held company to focus on growing its commodity business. In 2010, Gavilon acquired the DeBruce Companies, which significantly expanded the company's agricultural operations. In 2013, Marubeni Corporation, one of the largest general trading companies in Japan, purchased the company's agriculture assets and businesses. Later that year, Gavilon's energy business was sold to NGL Energy Partners LP (NYSE: NGL).

Today, Gavilon employs 2,000 people around the world and is the second largest grain handler in North America based on storage capacity.

Source of the article : Wikipedia



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