{"id":14934,"date":"2025-04-24T16:37:44","date_gmt":"2025-04-24T14:37:44","guid":{"rendered":"https:\/\/www.best-value.be\/bestvalue-partenaire-dans-la-transmission-de-kova-tools\/"},"modified":"2025-07-11T14:12:42","modified_gmt":"2025-07-11T12:12:42","slug":"bestvalue-partenaire-dans-la-transmission-de-kova-tools","status":"publish","type":"post","link":"https:\/\/www.best-value.be\/en\/bestvalue-partenaire-dans-la-transmission-de-kova-tools\/","title":{"rendered":"BestValue, partner in the transfer of Kova Tools"},"content":{"rendered":"<h1 data-start=\"101\" data-end=\"227\">Kova Tools: a successful business transfer<\/h1>\n<p class=\"\" data-start=\"101\" data-end=\"227\">BestValue had the privilege of supporting the shareholder of <a href=\"https:\/\/www.kova-outils.be\/\">Kova Tools<\/a> (trade name: Kova Outils) in selling his business. A strategic milestone that marks the transfer of a Belgian company specialised in professional tools.<\/p>\n<h2 data-start=\"332\" data-end=\"381\"><strong data-start=\"332\" data-end=\"381\">An entrepreneurial journey that began in 2004<\/strong><\/h2>\n<p class=\"\" data-start=\"383\" data-end=\"725\">In 2004,<strong> Philippe Jouret<\/strong>, a former banker, ventured into entrepreneurship. He acquired the assets of Kova Outils and founded Kova Tools. Based in Embourg, the company quickly built an extensive catalogue, over 30,000 references, in partnership with the leading brands in the industry.<\/p>\n<p class=\"\" data-start=\"383\" data-end=\"725\">Over the years, <strong>Kova Tools<\/strong> evolved and adapted to new trends. The company notably developed its e-commerce offering, allowing its B2B clients to browse the catalogue online, place orders directly on the website, and benefit from delivery services. This differentiated approach, focused on quality and service, set Kova Tools apart from the larger chains. In 2014, the company moved to the Bonne Fortune Industrial Zone in Gr\u00e2ce-Hollogne. This new 1,550 m\u00b2 building provided Kova Tools with a spacious showroom and significant stock, ensuring immediate availability for its professional clients.<\/p>\n<h2><strong data-start=\"1260\" data-end=\"1306\">A business transfer supported by BestValue<\/strong><\/h2>\n<p class=\"\" data-start=\"1308\" data-end=\"1569\">After more than 20 years at the helm of Kova Tools, Philippe Jouret decided to hand over the reins. He wanted to enjoy a well-deserved retirement while ensuring the continuity of his business. He turned to BestValue for guidance through this crucial transition.<\/p>\n<h3 data-start=\"1571\" data-end=\"1622\"><strong data-start=\"1571\" data-end=\"1622\">A promising takeover by two young entrepreneurs<\/strong><\/h3>\n<p class=\"\" data-start=\"1624\" data-end=\"1848\">Drawn to the company&#8217;s potential and values, two young entrepreneurs decided to take on the challenge. They took over the leadership of Kova Tools at the end of 2024, aiming to preserve the legacy while injecting new energy. From business valuation to the finalisation of the transaction, BestValue supported every step of the process. The result: a smooth and successful transfer, benefiting all parties involved. BestValue is proud to have contributed to this successful entrepreneurial transition and to enabling Kova Tools to continue its development under new leadership.<\/p>\n<h2 data-start=\"1624\" data-end=\"1848\">Words from the seller: Looking back on a successful business transfer with Philippe Jouret<\/h2>\n<h3><span style=\"color: #ff9900;\">How did you experience the transfer process? What were the main challenges for you? <\/span><\/h3>\n<p><span style=\"font-size: 16px;\">&#8220;I started thinking about selling my business around the age of 60. To give you some context, when I worked in banking, retirement was often mentioned around 55 or 60; that psychological barrier stuck with me. I attended conferences on business transfers and quickly realised I had to work on a few things. I took a few days to isolate myself, go through the numbers, and I decided to continue until 65 to meet some personal goals before thinking about a smooth transition. <\/span><\/p>\n<p><span style=\"font-size: 16px;\">That gave the business new momentum. At 65, with an autonomous team, I was ready to step back. <\/span>At the end of 2023, I started looking for an advisor who could guide me through this decisive stage. That\u2019s how I found out about BestValue, through Wallonie Entreprendre. From the first contact, I was impressed by their approach \u2014 both human and structured. I had some concerns about how young the team was, but the quality of their references and the feedback from my network quickly reassured me. I felt they had the expertise and the energy to support me effectively throughout the process.&#8221;<\/p>\n<p><em><strong><span style=\"font-size: 16px;\">&#8220;What I particularly appreciated was the human side. It\u2019s a moment full of doubt, joy, and sadness. You need someone who can manage all that. A business transfer is very emotional.&#8221;<\/span><\/strong><\/em><\/p>\n<h3><span style=\"color: #ff9900;\">What was the most difficult part of this crucial stage?\u00a0<\/span><\/h3>\n<p>\u201cThe valuation, without a doubt. I understand the logic behind it, but when you\u2019re selling, you naturally hope for more. It\u2019s a moment of introspection, but thankfully, BestValue explained the valuation methods with clarity and pedagogy. That helped me accept the reality and move forward calmly. The start of the process is quite pleasant \u2014 challenging the information memorandum, telling the story, and highlighting Kova Tools\u2019 strengths.<\/p>\n<p>Then, when potential buyers start showing interest, it becomes very real. I shifted from a passive role to an active one: once a serious buyer appears, everything changes. You want to move faster, not miss the opportunity. You need to tackle everything you\u2019ve been putting off for years, and that\u2019s less fun. The last six months have been more demanding, as you feel the need to turn the page. Again, BestValue\u2019s support was invaluable: they structured the exchanges, managed the timeline, and helped me make sure nothing was left to chance.\u201d<\/p>\n<h3><span style=\"color: #ff9900;\">How did you experience the matching process with the buyers?<\/span><\/h3>\n<p>\u201cBestValue handled the transition tactfully, maintaining just the right distance while ensuring smooth communication. We had very few direct contacts \u2014 and honestly, that was for the best. We\u2019re at different stages in life: they\u2019re starting an adventure, I\u2019m ending one. I did help with the transition, answered their questions, but since the team was already autonomous, they could rely on themselves too. I\u2019m still available if needed, but I\u2019m no longer the point of reference.\u201d<\/p>\n<h3><span style=\"color: #ff9900;\">Looking back, what stands out to you about BestValue&#8217;s support during the process? Was there a key moment or piece of advice that stayed with you?\u00a0<\/span><\/h3>\n<p>\u201cWhat I\u2019ll remember most about this collaboration is the human quality of the BestValue team: their warm welcome, attentive listening, and constant sincerity. No unrealistic promises, just a clear and honest approach. They laid out the facts and explained each step thoroughly. And behind that closeness was real professionalism: detailed financial analysis, carefully written documents \u2014 everything was rigorously structured. In the end, I believe the process went very well, with tense moments resolved at the last minute. Maybe I was lucky\u2026 but I also had the right team around me.\u201d<\/p>\n<h3><strong><span style=\"color: #ff9900;\">With hindsight, do you think you could have handled this transition alone?\u00a0<\/span><\/strong><\/h3>\n<p>\u201cOh no, absolutely not. There were too many stakes, too many emotions, too much technicality. BestValue\u2019s guidance was essential.\u201d<\/p>\n<p><a href=\"https:\/\/www.best-value.be\/en\/\">BestValue<\/a> is proud to have contributed to this meaningful entrepreneurial transition, allowing Kova Tools to continue growing under new leadership<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kova Tools: a successful business transfer BestValue had the privilege of supporting the shareholder of Kova Tools (trade name: Kova Outils) in selling his business. A strategic milestone that marks the transfer of a Belgian company specialised in professional tools. An entrepreneurial journey that began in 2004 In 2004, Philippe Jouret, a former banker, ventured [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":11608,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[81],"tags":[60],"class_list":["post-14934","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sell","tag-press-releases"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Cession de Kova Tools : BestValue accompagne l&#039;actionnaire.<\/title>\n<meta name=\"description\" content=\"BestValue a accompagn\u00e9 la cession de Kova Tools, entreprise belge d\u2019outillage professionnel. 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