{"id":14904,"date":"2020-06-26T09:41:00","date_gmt":"2020-06-26T07:41:00","guid":{"rendered":"https:\/\/www.best-value.be\/philippe-fourneau-un-regard-sur-le-secteur-de-la-construction\/"},"modified":"2025-07-09T12:02:28","modified_gmt":"2025-07-09T10:02:28","slug":"business-transfers-construction-wallonia","status":"publish","type":"post","link":"https:\/\/www.best-value.be\/en\/business-transfers-construction-wallonia\/","title":{"rendered":"Philippe Fourneau : a look at the construction sector"},"content":{"rendered":"<h3 data-start=\"287\" data-end=\"629\">After 40 years in the construction industry, 25 of which were spent abroad and in Flanders, <strong data-start=\"377\" data-end=\"398\">Philippe Fourneau<\/strong> has acquired deep expertise in the sector. Today, as a partner at BestValue, he explains the specificities of the construction industry in Wallonia and how BestValue has become a key player in business transfers within this field.<\/h3>\n<h3 data-start=\"691\" data-end=\"743\"><strong data-start=\"691\" data-end=\"743\">Philippe, can you tell us about your background?<\/strong><\/h3>\n<p data-start=\"745\" data-end=\"1128\">After graduating in civil engineering, I started my career at <strong data-start=\"807\" data-end=\"816\">Besix<\/strong>, working on major construction projects in the Middle East. I then completed management training, which led me towards general management roles with a focus on international marketing. That\u2019s how I became CEO of the French subsidiary of a UK-based company specialised in construction-related technical products.<\/p>\n<p data-start=\"1130\" data-end=\"1504\">Fifteen years ago, I founded a consulting firm to help Walloon SMEs expand internationally\u2014my very first professional experience in Wallonia! Then, five years ago, I co-founded <strong data-start=\"1307\" data-end=\"1320\">BestValue<\/strong>. My role? Developing our activity in the construction sector, broadly speaking, from building materials to engineering firms, contractors, distributors, and even real estate agencies.<\/p>\n<h3 data-start=\"1555\" data-end=\"1652\"><strong data-start=\"1555\" data-end=\"1652\">What makes th<\/strong><strong data-start=\"1555\" data-end=\"1652\">e construction industry in Wallonia unique from a business transfer perspective?<\/strong><\/h3>\n<p data-start=\"1555\" data-end=\"1652\">The numbers speak for themselves. There are around <strong data-start=\"1705\" data-end=\"1752\">9,000 construction companies with employees<\/strong> and about <strong data-start=\"1763\" data-end=\"1795\">20,000 self-employed workers<\/strong> in Wallonia. According to <strong data-start=\"1822\" data-end=\"1831\">IWEPS<\/strong>, over <strong data-start=\"1838\" data-end=\"1872\">1,500 businesses in the sector<\/strong> will come up for sale within the next five years, mostly because their owners are reaching retirement.<\/p>\n<p data-start=\"1976\" data-end=\"2421\">Interestingly, construction is the <strong data-start=\"2011\" data-end=\"2045\">second most represented sector<\/strong> in terms of business transfers, just after the industrial sector. But this doesn\u2019t mean companies are in trouble\u2014quite the opposite. Many are <strong data-start=\"2188\" data-end=\"2214\">healthy and profitable<\/strong>, led by highly skilled technicians. These businesses represent real <strong data-start=\"2283\" data-end=\"2311\">opportunities for buyers<\/strong>, especially as the sector\u2014long considered traditional\u2014is now evolving thanks to <strong data-start=\"2392\" data-end=\"2420\">technological innovation<\/strong>.<\/p>\n<h3 data-start=\"2461\" data-end=\"2533\"><strong data-start=\"2461\" data-end=\"2533\">Is the topic of business transfer gaining ground among policymakers?<\/strong><\/h3>\n<p data-start=\"2535\" data-end=\"2765\">Absolutely. Public authorities are becoming more aware of the importance of maintaining and passing on existing businesses, not just creating new ones. A successful transfer safeguards <strong data-start=\"2719\" data-end=\"2764\">jobs, know-how, and the local economic fabric<\/strong>. That\u2019s why the <strong data-start=\"2782\" data-end=\"2800\">Walloon Region<\/strong> has put in place <strong data-start=\"2818\" data-end=\"2846\">various support measures<\/strong> to facilitate business transfers. It\u2019s a smart economic strategy, and it\u2019s encouraging to see it gaining traction.<\/p>\n<h3 data-start=\"2998\" data-end=\"3063\"><strong data-start=\"2998\" data-end=\"3063\">What does BestValue bring to construction business transfers?<\/strong><\/h3>\n<p data-start=\"3065\" data-end=\"3404\">First, <strong data-start=\"3072\" data-end=\"3094\">preparation is key<\/strong>. Even before the actual transfer, BestValue helps business owners assess their company thoroughly. Based on this diagnosis, we often recommend improvements to <strong data-start=\"3254\" data-end=\"3286\">increase the company&#8217;s value<\/strong>. I\u2019m also certified by the Walloon Region in business growth and development, which reinforces our advisory capacity.<\/p>\n<p data-start=\"3406\" data-end=\"3652\">Second, <strong data-start=\"3414\" data-end=\"3467\">our team knows the construction sector inside out<\/strong>. We\u2019ve handled multiple transactions\u2014both on the buyer and seller sides. Thanks to this experience, we can <strong data-start=\"3575\" data-end=\"3609\">accurately assess market value<\/strong> and support clients with solid benchmarks.<\/p>\n<p data-start=\"3654\" data-end=\"3966\">Lastly, I bring a <strong data-start=\"3683\" data-end=\"3703\">dual perspective<\/strong>\u2014technical and managerial, which helps build trust with business owners. During a transaction, it\u2019s reassuring for them to speak with someone who truly understands their world. This role as a <strong data-start=\"3894\" data-end=\"3909\">facilitator<\/strong> is a real asset, both for our clients and for BestValue.<\/p>\n<p data-start=\"3973\" data-end=\"4251\"><strong data-start=\"3976\" data-end=\"3990\">In summary<\/strong>, the construction sector in Wallonia presents strong opportunities for business transfers. With its in-depth knowledge and practical expertise, BestValue is ideally positioned to support these transitions and secure long-term value for both sellers and buyers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After 40 years in the construction industry, 25 of which were spent abroad and in Flanders, Philippe Fourneau has acquired deep expertise in the sector. Today, as a partner at BestValue, he explains the specificities of the construction industry in Wallonia and how BestValue has become a key player in business transfers within this field. 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