Kraft Group

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]

The Kraft Group
Company type
IndustryProfessional sports, Manufacturing, Real-estate development, Private equity investments[2][3]
Founded1998 (1998)[2]
FounderRobert Kraft
Headquarters,
United States
Key people
Robert Kraft, Chairman and CEO
Jonathan Kraft, President and COO
Michael Quattromani, CFO[1]
Daniel Kraft
Josh Kraft
ProductsPaper and packaging materials
Real estate development
Professional sports
Manufacturing
Financial services
RevenueIncrease US $3.5 billion
(estimated 2015)[1]
Number of employees
12,900 (2018)[4]
Websitewww.thekraftgroup.com

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)
    • 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)
    • 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

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. University of Massachusetts Boston. Retrieved 6 March 2008.
  3. 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.
  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. Company Profile Carmel Container Systems, Ltd. Accessed 29 September 2007.
  8. "Carmel Container Systems, Ltd, Form 20-F, Filing Date Jun 24, 2003". secdatabase.com. Retrieved 14 May 2018.
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