Kraft Group

Not to be confused with Kraft Foods or Kraft Heinz.

The Kraft Group

Company type	Private Business group [1]
Industry	Professional sports, Manufacturing, Real-estate development, Private equity investments [2] [3]
Founded	1998;28 years ago (1998) [2]
Founder	Robert Kraft
Headquarters	Foxborough, Massachusetts , 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.thekraftgroup.com

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

• 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 - Folded in 2024)
  • Oxygen Esports, ^[7] a Rainbow Six Siege team (Founded in 2020)
• 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 ^[8]
    • American-Israeli Paper Mills, Ltd.
      • Based in Hadera, Israel ^[9]
    • Ampal Enterprises, Ltd.
      • Based in Tel Aviv, Israel ^[9]

Philanthropy

In 2023, Kraft Group donated $500,000 to the pro-Israel lobby group AIPAC. ^[10]

References

1. Forbes (3 November 2008). "The 500 Largest American Private Companies: #326 The Kraft Group". Forbes . Retrieved 18 November 2008.
2. University of Massachusetts Boston. "New England Patriots Owner Robert Kraft Receives an Honorary Degree at UMass Boston's 39th Commencement". University of Massachusetts Boston. Archived from the original on 3 June 2008. Retrieved 6 March 2008.
3. New England Patriots. "Robert Kraft – Official New England Patriots Biography". Patriots.com. Archived from the original on 1 June 2011. Retrieved 4 June 2007.
4. "The Kraft Group". Forbes .
5. "The Kraft Group". The Kraft Group. 15 June 2018. Retrieved 30 April 2020.
6. 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.
7. "OXG Esports | Rainbow Six". OXG Esports | Rainbow Six.
8. Company Profile ^{[ permanent dead link ]} Carmel Container Systems, Ltd. Accessed 29 September 2007.
9. "Carmel Container Systems, Ltd, Form 20-F, Filing Date Jun 24, 2003". secdatabase.com. Retrieved 14 May 2018.
10. "Who's Funding AIPAC's Political Spending Barrage?". Sludge. 4 March 2024. Retrieved 12 August 2024.

External links

• The Kraft Group
• International Forest Products