Kraft Group Explained

The Kraft Group
Founder:	Robert Kraft
Key People:	Robert Kraft, Chairman and CEO Jonathan Kraft, President and COO Michael Quattromani, CFO Daniel Kraft Josh Kraft
Industry:	Professional sports, Manufacturing, Real-estate development, Private equity investments^[1]
Products:	Paper and packaging materials Real estate development Professional sports Manufacturing Financial services
Revenue:	US $3.5 billion (estimated 2015)
Num Employees:	12,900 (2018)^[2]
Foundation:	^[3]
Location City:	Foxborough, Massachusetts
Location Country:	United States

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. Founded in 1998 by American businessman Robert Kraft as a holding company for various interests he had acquired since 1968, it is based in Foxborough, Massachusetts.^[4]

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)
    • Patriot Place, $350 million "lifestyle and entertainment center" around Gillette Stadium (opened 2007–2008)^[5]
  • 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
  • Principal shareholdings
    • Carmel Container Systems, Ltd.
      • Based in Caesarea, Israel^[6]
    • American-Israeli Paper Mills, Ltd.
      • Based in Hadera, Israel^[7]
    • Ampal Enterprises, Ltd.
      • Based in Tel Aviv, Israel^[7]

Political activity

In 2023, Kraft Group donated $500,000 to the pro-Israel lobby group AIPAC.^[8]

External links

• The Kraft Group
• International Forest Products

Notes and References

1. Web site: New England Patriots. New England Patriots. Robert Kraft – Official New England Patriots Biography. Patriots.com. Patriots.com. 4 June 2007. dead. https://web.archive.org/web/20110601044553/http://www.patriots.com/team/staff/robert-kraft/e4af13f7-fe19-430c-9485-e3fe17042ca6. 1 June 2011.
2. Web site: The Kraft Group. .
3. Web site: University of Massachusetts Boston. 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. 6 March 2008.
4. Web site: The Kraft Group. The Kraft Group. 15 June 2018. 30 April 2020.
5. Web site: Jenn Abelson. 20 May 2007. Krafts building a $350m Patriot Place complex, and a legacy. The Boston Globe. The Boston Globe. 6 March 2008.
6. http://www.carmelccs.com/Profile.htm Company Profile
7. Web site: Carmel Container Systems, Ltd, Form 20-F, Filing Date Jun 24, 2003 . secdatabase.com . 14 May 2018.
8. Web site: 2024-03-04 . Who’s Funding AIPAC’s Political Spending Barrage? . 2024-08-12 . Sludge . en.