AI Issue 6 2017

Acquisition International - June 2017 107 Kumlachew Dagne Law Office is an Ethiopian commercial law practice drawing on the vast experience of its Founder. We profile the firm and explore the secrets behind its success. umlachew Dagne Law Office was established in March 2006 by Mr. Kumlachew Dagne, a seasoned lawyer with an experience of more than 19 years in Ethiopian legal practice. A graduate of University of Michigan Law School and Addis Ababa University, Mr. Dagne has provided impeccable legal services to foreign investors coming to Ethiopia. Mr. Dagne has acted as local counsel in multimillion dollar merger and acquisition transactions, privatization deals and credit facility packages. Counting on its diverse and extensive experience in commercial and investment law matters, the firm provide clients services tailored to meet their needs, including incorporation of branches and subsidiaries in Ethiopia, structuring acquisition transactions, processing local approvals, conducting due diligence on target companies, and advising on local law requirements on licensing, foreign exchange, labor and other issues. Mr. Dagne worked as Senior Associate at Teshome Gabre-Mariam Bokan Law Office, a pioneer law firm in the area of corporate and investment law until end of February 2015. Since inception Kumlachew Dagne and Associates Law Office has been providing excellent legal service to foreign investors seeking to acquire interests in Ethiopia. Company: Kumlachew Dagne Law Office Phone: +251934470466 Email: [email protected] Website: www.lexethiopia.com Excellence in Ethiopian Law K 1702AI22 Currently, the practice has three young and energetic in house lawyers and eight external associates with extensive knowledge and experience in their respective fields. Testimony to the firm’s success so far is its illustrious client list, which includes household names such as Hilton Hotels and Resorts, The Four Seasons and The Landmark London. Operating across the corporate and commercial law sectors, Kumlachew Dagne Law Office is able to support a wide range of clients looking to move into Ethiopia. With its impressive economic development for the last decade, and a rapidly growing middle class, cheap labor and Ethiopia has become a popular destination of foreign investment. Kumlachew Dagne Law Office has in past worked with foreign investors, including private equity investment groups, that sought to acquire interest or partner with successful local businesses in the FMCG sector, supporting them across their M&A needs, as well as providing support with work permits, company incorporation, charity law and local law advice on foreign financing. More specific services include support with taxation, labor laws and intellectual property. As such, through the vast expertise and knowledge of its experienced and professional staff, Kumlachew Dagne Law Office is able to meet its clients’ needs and provide them with a one- stop shop for all their Ethiopian corporate law needs. Excellence in Ethiopian Law