The company has operations in 180 countries across Europe, the Middle East, Africa, Asia and the Americas with 34 factories in 13 countries employing over 20,000 people. In September 2018, Karakaş stepped down from his role at pladis for sabbatical  Throughout his career, Karakaş has led more than 100 mergers and acquisitions. Karakaş is married with two children and lives in London.