Despite the Dutreil pact, the handover remains handicapped by the weight of taxation. 25% of managers are over 60 years old and 11% over 66 years old.
The highest estimate puts the number of companies at 700,000, all sizes combined, which will look for a buyer in the next ten years. “A business that is not passed on from one generation to another is a business condemned to be resold. And, in an open economy like ours, the company - especially if it is large - will, in most cases, be sold to a foreign company, recalls Renaud Dut reil, Minister.