Kraft Group
 | |
| Company type | |
|---|---|
| Industry | Professional sports, Manufacturing, Real-estate development, Private equity investments[2][3] |
| Founded | 1998[2] |
| Founder | Robert Kraft |
| Headquarters | , United States |
Key people | Robert Kraft, Chairman and CEO Jonathan Kraft, President and COO Michael Quattromani, CFO[1] Daniel Kraft Josh Kraft |
| Products | Paper and packaging materials Real estate development Professional sports Manufacturing Financial services |
| Revenue |  US $3.5 billion(estimated 2015)[1] |
Number of employees | 12,900 (2018)[4] |
| Website | www |
The Kraft Group, LLC, is a group of privately held companies in the professional sports, manufacturing, and real estate development industries doing business in 90 countries.[3] Founded in 1998 by American businessman Robert Kraft as a holding company for various interests he had acquired since 1968,[2] it is based in Foxborough, Massachusetts.[5]
Corporate structure
[edit]- Kraft Sports Group
- New England Patriots, LP (founded in 1960, acquired by Kraft in 1994)
- New England Revolution, LP (founded by Kraft in 1995)[citation needed]
- Gillette Stadium, $325 million facility privately financed by Kraft (opened 2002)[3]
- Patriot Place, $350 million "lifestyle and entertainment center" around Gillette Stadium (opened 2007–2008)[6]
- TeamOps, LLC (founded in 2006)
- TeamOps (Event Staff)
- TeamOps Detect
- Boston Breach, a Call of Duty League team (founded in 2021)
- Boston Uprising, an Overwatch League team (founded in 2017)
- Kraft Analytics Group (KAGR)
- Rand-Whitney Group, LLC (founded in 1857, acquired by Kraft in 1968)[citation needed]
- Previously owned by Jacob Hiatt, father of Kraft's wife Myra Kraft
- Based in Worcester, Massachusetts, includes:
- Rand-Whitney Container, LLP
- Rand-Whitney Containerboard, LLP
- Rand-Whitney Waste, LLP
- International Forest Products, LLC (founded by Kraft in 1972)
- Operated by Robert Kraft's son Daniel Kraft
- More than 30 private equity investments
- Principal shareholdings
- Carmel Container Systems, Ltd.
- Based in Caesarea, Israel[7]
- American-Israeli Paper Mills, Ltd.
- Based in Hadera, Israel[8]
- Ampal Enterprises, Ltd.
- Based in Tel Aviv, Israel[8]
- Carmel Container Systems, Ltd.
- Principal shareholdings
Philanthropy
[edit]In 2023, Kraft Group donated $500,000 to the pro-Israel lobby group AIPAC.[9]
References
[edit]- ^ a b c Forbes (3 November 2008). "The 500 Largest American Private Companies: #326 The Kraft Group". Forbes. Retrieved 18 November 2008.
- ^ a b c University of Massachusetts Boston. "New England Patriots Owner Robert Kraft Receives an Honorary Degree at UMass Boston's 39th Commencement". University of Massachusetts Boston. University of Massachusetts Boston. Retrieved 6 March 2008.
- ^ a b c New England Patriots. "Robert Kraft – Official New England Patriots Biography". Patriots.com. Patriots.com. Archived from the original on 1 June 2011. Retrieved 4 June 2007.
- ^ "The Kraft Group". Forbes.
- ^ "The Kraft Group". The Kraft Group. 15 June 2018. Retrieved 30 April 2020.
- ^ Jenn Abelson (20 May 2007). "Krafts building a $350m Patriot Place complex, and a legacy". The Boston Globe. The Boston Globe. Retrieved 6 March 2008.
- ^ Company Profile Carmel Container Systems, Ltd. Accessed 29 September 2007.
- ^ a b "Carmel Container Systems, Ltd, Form 20-F, Filing Date Jun 24, 2003". secdatabase.com. Retrieved 14 May 2018.
- ^ "Who's Funding AIPAC's Political Spending Barrage?". Sludge. 4 March 2024. Retrieved 12 August 2024.
External links
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Categories:
- Financial services companies established in 1998
- American companies established in 1998
- Holding companies of the United States
- Manufacturing companies based in Massachusetts
- Privately held companies based in Massachusetts
- Real estate companies of the United States
- New England Patriots owners
- New England Revolution
- Private equity firms of the United States
- Foxborough, Massachusetts
- Boston Uprising
- Family-owned companies of the United States