Established in 1922 and still controlled by the founding family we are an energetic organization aiming to continue supporting our private, corporate and governmental customers. Right now, we have physical footprints in our home country Greece as well as in Romania, Bulgaria and Cyprus.
Our Path in Time
Mr. John D. Saracakis establishes in the city of Thessaloniki a business that will become one of the largest commercial and industrial Groups in Greece.
1922 – ’40
Many world-renowned companies, such as Renault, Fiat, Dunlop, Hudson και General Motors are represented and supported in Northern Greece from Saracakis company. In 1933, the relationship with DuPont de Nemours is initiated with exclusivity in Greece for automobile paints, along with other applications.
The Head offices of Saracakis company are relocated to Athens.
Volvo assigns to Saracakis company the exclusive import and distribution of passenger cars, trucks, buses and later on of marine engines, industrial engines and construction equipment.
Startup of the Apollon insurance brokerage firm.
Ioannis D. Sarakakis meets Honda Motor during the first racing presence of a Honda motorcycle in Europe in the context of the Isle of Man T.T. At that point he decides to become the first Importer - Distributor of motorcycles of Japanese origin in Greece.
The Group starts its construction activity.
Saracakis Group signs an official agreement with Honda as the exclusive importer for Honda motorcycles in Greece; the import actually started in year 1959. In the same year, Mitsubishi Motors awards the Group with the import and distribution of its passenger cars and commercial vehicles in the territory of Greece.
The first Volvo buses with rear mounted engines are manufactured at the Group’s industrial facility in Athens. The buses are named SBAV. The total production of this bus model is to reach 1200 units. In the same year Saracakis Group signs an official agreement with Komatsu for the import and distribution of construction equipment and forklift trucks in the territory of Greece. The Group is their oldest distributor in the European region.
The cooperation with Honda is expanded to include passenger cars, marine engines and power products.
The first articulated bus, of 18m length , nicknamed Dinosaur was first put into operation in the city of Thessaloniki. A simpler model based on the Volvo B10M frame was built for the district of Piraeus.
The Group starts officially its cooperation with Irizar buses.
The industrial sector of Saracakis Group manufactures 120 articulated buses for the Athens bus company ( ETHEL ). The model was named ATHÍNA and was the first tri-axle articulated bus to be produced worldwide. The bus had a low bottom floor across its entire length.
The industrial sector of the Group innovates again with the production of the first stainless steel bus (40 buses for the city of Thessaloniki).
Saracakis Group becomes the official importer and distributor of Renault trucks for Greece.
The Group expands its activities in neighboring Bulgaria with the establishment of a subsidiary company that handles the development of Renault Trucks in the country. In the same year, the group begins its cooperation with the Chinese manufacturer Anhui Heli for the import and distribution of their forklifts in the Greek market. This year also marks the development of various company owed retail sites for passenger cars throughout the country.
Saracakis Group signs an agreement with Volvo Construction Equipment for the import and distribution of their products in the Bulgarian market.
Saracakis Group signs an agreement with BAE Systems for the exclusive representation of their Family of Medium Tactical Vehicles (FMTV) which hold the second largest market share in Greece.
The activities of the Group are expanded to the Cypriot market were it is awarded the import and distribution of Volvo Trucks and Buses.
The Group becomes the official importer and distributor for the Italian warehouse equipment manufacturer OMG and the French generator set manufacturer SDMO.
The Group expands in the battery and tire market and becomes the official importer and distributor of the following brands: Infinity, Titan, Apollo, and Kumho tires as well as Sigma Motion batteries.
The Group expands into the agricultural sector and becomes the official importer and distributor for Massey Ferguson agricultural products in Greece.
The Group expands its activities in the field of financing and leasing of commercial vehicles, passenger cars and motorcycles through a strategic partnership with Kinsen Hellas S.A.
The Group expands its activities in neighboring Romania with the establishment of Sigma CVM Romania S.R.L in new, modern and functional facilities in Bucharest. The company’s main activity in Romania is the distribution of agricultural equipment while it is the sole official representative of Massey Ferguson in South East Romania and at the same time it represents other companies such as Mazzotti, Sumo, Siloking, Ziegler, Olimac, TopCon, Junkkari.
A film about Honda Motorcycles and the Sarakakis Business Group.
The film is produced by Kostas Gaziadis FILM in the late 1970s.