This paper is devoted to the problem of existence of saturated models for first-order many-valued logics. We consider a general notion of type as pairs of sets of formulas in one free variable that express properties that an element of a model should, respectively, satisfy and falsify. By means of an elementary chains construction, we prove that each model can be elementarily extended to a $\kappa $-saturated model, i.e. a model where as many types as possible are realized. In order (...) to prove this theorem we obtain, as by-products, some results on tableaux and their consistency and satisfiability and a generalization of the Tarski–Vaught theorem on unions of elementary chains. Finally, we provide a structural characterization of $\kappa $-saturation in terms of the completion of a diagram representing a certain configuration of models and mappings. (shrink)