Their first partnership goes back to 1951 and led to the creation of the Agence Interiles real estate agency. At that time, there was huge scope for development in Noumea and its surrounding area. They won the confidence of major landowners in and around Noumea and sub divided 80 percent of the land market.
They realised that they needed to diversify to expand and, in association with La Paternelle group, founded an insurance business in 1954 that was destined to develop over the years in partnership with Royal Insurance, then later Allianz-Via, AGF, UAP and AXA.
In 1956, Caillard & Kaddour branched out again into the air travel sector, when they founded TPV, one of Noumea’s first travel agencies, in partnership with their friend Jean-Louis Pujol. (Alitalia Authorized Agent)
In 1957, they built Noumea’s third multi-storey block (following the Mary and Pentecost buildings), the Laperouse building and proceeded to establish their offices there. Their head office is still at the same location. The upper floors were given over to a new business activity, the hotel industry, and housed the Hotel Laperouse. This was followed by a period when the company moved from the sixties to the eighties into the mining sector, the public works sector, and the consumer credit sector.
In 1990, the company decided to establish itself outside New Caledonia and took over a small estate agency in Port-Vila, the capital of Vanuatu. Caillard & Kaddour very quickly made its mark as real estate marketplace leader and as No.2 in the insurance field.
1994 witnessed a major expansion in the travel sector with the foundation of Pacifique Lagon which became the AOM General Agent in New Caledonia. With a great deal of determination the company gained 30 percent of the France/New Caledonia air travel market. Unfortunately the difficulties experienced by the company and its main shareholder Swissair led to the line being closed down.
In 2001 Pacifique Lagon was re-formed as a Travel Agency and sold out of the group.
50 years after its creation, the C&K group still reflects the founding partners’ energy and breadth of vision. By constantly expanding its field of activities, the C&K group continues to occupy a foremost place as one of New Caledonia’s leading business concerns. The firm’s future will be safe in the hands of Roger Kaddour’ grandson, Romain Babey, and Philippe Caillard’ son and daughters, who joined the team in 2001.