The Heritage of Sarachaga et Compagnie
The legacy of Sarachaga et Compagnie is a heritage that affords both institutional knowledge and motivation.
The Sarachaga Family and holdings have medieval origins, though it is easiest to begin the history of Sarachaga et Compagnie from its namesake in the early 18th century.
Sarachaga et Compagnie is the direct descendant of Nicolas de Sarachaga et Compangnie, which Nicolas, Sovereign Baron de Sarachaga, inherited from his father. The company was a well established private firm known for direct investments in shipping, real estate, and mining. Nicolas de Sarachaga was also a partner in Wernier, Heartsnick y Casas of Amsterdam. Warnier, Heartsick y Casas had been agents of the King of England since 1773.
Sarachaga et Compagnie acquires another well respected holding company and bank, that of Jacinto de Uria Naffarondo and Sons. This is further solidified through the marriage of Prince Florentino, Sovereign Baron de Sarachaga and Head of the House of Sarachaga, to Princess Maria, neé Uria-Nafforondo Alcedo. It is at this time that the Sarachaga Family and Sarachaga et Compagnie partners and funds the Bonapartes, among others.
Early to Mid 20th Century
Sarachage et Compagnie has continued to be held privately by the Sarachaga Family. Prince Alexis, Sovereign Baron de Sarachaga and joint Head of House of Sarachaga, which is shared with his sister Princess Esperanza, Sovereign Baroness de Sarachaga (grandchildren of Florentino). They lead Sarachaga et Compagnie until their deaths, leaving behind success across Europe, from a bailout in Bavaria, to investments and real estate in Russia, shipping in Norway, to financing Vatican projects, etc.
In 1918, sole control of the bank and the holdings passed to Prince Ricardo, Sovereign Baron de Sarachaga and Head of the House of Sarachaga, their heir. At this time a majority of assets of the Family throughout Europe were seized by the dictatorships of Spain and Nazis. Prince Ricardo, along with his family, were forced to exile in Mexico.
Prince Ricardo's son and heir, Prince Alfredo, Sovereign Baron de Sarachaga and Head of the House of Sarachaga, began the rebuilding process, leveraging the family position in Mexico, solidified by his marriage to Princess Lydia, neé Garcia de Leon. He focused Sarachaga et Compagnie on commodities and pharmaceuticals, as these were his areas of expertise, thanks to his position as the Senior Executive of Petróleos Mexicanos (PMEX) in the United States, and from his board position in Amgen Mexico.
Princess Stephanie, Sovereign Baroness de Sarachaga and Head of the House of Sarachaga, Alfredo's granddaughter, is currently at the helm of Sarachaga et Compagnie. She has identified direct investment, innovation, and community and social development as keys to growing the family holdings in the 21st Century.