Independent Advisory | Global Commodities

Nobil

Commodities. Strategy. Insight.

Helping commodity businesses evaluate transactions, markets and commercial opportunities, with a practical understanding of how decisions connect to the trading and physical value chain.

About Nobil

Independent advice for transactions, markets and growth.

Nobil is a founder-led independent advisory practice for commodity businesses, focused on corporate development, M&A, commercial strategy, business development and market intelligence. The work sits at the intersection of investment decisions and the commercial side of commodity markets.

Nobil supports management teams on transactions, investment decisions, market questions, portfolio reviews and commercial opportunities. Engagements can be structured as a defined project or ongoing advisory support.

Capabilities

Clear thinking for important decisions.

01

Corporate Development & M&A

Support for acquisitions, divestitures and investment opportunities, from early screening and valuation through due diligence, investment cases and management materials.

  • Opportunity screening and strategic fit
  • Valuation, financial modeling and business cases
  • Commercial and financial due diligence, including review of specialist adviser findings
  • Investment memoranda and executive materials
  • Divestiture, separation and integration workstreams
02

Commercial Strategy & Trading Team Support

Support for commercial questions around markets, assets, routes to market and growth. Nobil looks at trade flows, origination, capacity, competitors and economics to help teams understand where an opportunity fits in the value chain.

  • Market-entry and route-to-market assessments
  • Commercial partnership and opportunity evaluation
  • Trade-flow, origination and capacity analysis
  • Asset and portfolio strategy
  • Cross-functional commercial initiatives
03

Market Intelligence for Commercial Decisions

Market analysis built around the questions commercial, trading and management teams actually need to answer, from regional flows and capacity to competitors, market structure and investment opportunities.

  • Commodity and regional market analysis
  • Competitor and peer intelligence
  • Trade-flow, origination and capacity analysis
  • Market outlooks and scenario work
  • Decision materials for commercial and senior leadership teams
“
Commodity markets are complicated enough. I like to make the decision simpler: understand what is really driving the opportunity, test the assumptions, and be clear about the risks.
”
Iuliana Dorn Founder & Principal, Nobil
Selected Founder Experience

Built in global commodity businesses.

The experience below was gained by Nobil's founder in prior professional roles and is presented to illustrate relevant background and capabilities.

20+ Opportunities Across acquisitions, divestitures, minority investments and capital projects
$3M–Multi-Billion-Dollar Scale Transaction and investment opportunities evaluated across a wide range of sizes
Global Experience Australia, North America, South America and Europe
Executive & Board-Level Strategy, valuation, budget and capital-allocation decision materials
Prior Experience

Bunge–Viterra integration

Led Viterra-side coordination for European integration planning ahead of the Bunge–Viterra closing, including regulatory and divestiture workstreams, asset-separation planning, governance and cross-functional integration planning.

Prior Experience

Gavilon integration & strategic investments

Integrated Gavilon's U.S. business into corporate budgeting and management reporting following Viterra's $1.125B acquisition, contributing to synergy evaluation and performance tracking, alongside broader experience evaluating strategic investments across agricultural commodity assets and infrastructure.

Commodity Value Chains

From origination to export infrastructure

Experience spanning grain origination, storage, logistics, crushing, processing, fertilizer, biofuels and export infrastructure, with close collaboration alongside traders and commercial teams.

Executive Decision Support

Analysis built for action

Developed investment cases, competitor analysis, regional strategy, performance reviews, annual valuations and decision materials for CEO, CFO, executive and Board audiences.

How Nobil Can Support

Advisory support built around the problem.

Nobil can support a specific transaction, market question or strategic project, or work with a management team on an ongoing consulting basis across corporate development, commercial strategy, business development and market intelligence.

Founder portrait of Iuliana Dorn
Founder

Iuliana Dorn

Founder & Principal

Iuliana Dorn's background spans corporate development, M&A, strategy and global agricultural commodities. At Viterra, formerly Glencore Agriculture, she progressed through the company's lean global Corporate Development team from corporate valuation and strategy into global M&A, evaluating acquisitions, divestitures and strategic investments across agricultural commodity assets and infrastructure.

Her experience combines transaction and investment analysis with a practical understanding of physical commodity businesses. She has worked closely with traders and regional management on supply and demand, trade flows, origination, processing economics, logistics, infrastructure capacity and asset utilization, and has developed investment and strategic analysis for CEO, CFO and Board-level decision making. Her prior experience also includes private equity and European integration planning for the Bunge–Viterra combination.

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For project inquiries, industry conversations or potential collaboration, contact Nobil directly.