Supriya Ghosh (Editor)

Kraft Group

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Website
  
The Kraft Group

Number of employees
  
5,000 (2007)

Type of business
  
Privately held company

Founder
  
Robert Kraft

Subsidiaries
  
Kraft Sports Group

Kraft Group httpsiforbesimgcommedialistscompaniesthe

Industry
  
Professional sports, Manufacturing, Real-estate development, Private equity investments

Products
  
Paper and packaging materialsReal estate developmentProfessional sportsManufacturingFinancial services

Revenue
  
US $3.5 billion(estimated 2015)

Headquarters
  
Foxborough, Massachusetts, United States

Founded
  
1998, University of Massachusetts Boston, Boston, Massachusetts, United States

Key people
  
Robert Kraft, Jonathan Kraft

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, it is based in Foxborough, Massachusetts and comprises the following companies:

  • 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)
  • TeamOps, LLC (founded in 2006)
  • TeamOps (Event Staff)
  • TeamOps Detect
  • Rand-Whitney Group, LLC (founded in 1857, acquired by Kraft in 1972)
  • 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
  • American-Israeli Paper Mills, Ltd.
  • Based in Hadera, Israel
  • Ampal Enterprises, Ltd.
  • Based in Tel Aviv, Israel

    • Forbes rankings

    Forbes has ranked Kraft and the Kraft Group in various wealth listings starting in 2005:

  • Forbes 2005: The 400 Richest Americans: #320 Robert Kraft
  • Forbes 2006: The World's Billionaires: #698 Robert Kraft
  • Forbes 2006: The 400 Richest Americans: #297 Robert Kraft
  • Forbes 2006: The 500 Largest American Private Companies: #392 The Kraft Group
  • Forbes 2007: The World's Billionaires: #754 Robert Kraft
  • Forbes 2007: The 400 Richest Americans: #361 Robert Kraft
  • Forbes 2007: The 500 Largest American Private Companies: #319 The Kraft Group
  • Forbes 2008: The World's Billionaires: #843 Robert Kraft
  • Forbes 2008: The 400 Richest Americans: #321 Robert Kraft
  • Forbes 2008: The 500 Largest American Private Companies: #326 The Kraft Group
  • Forbes 2009: The World's Billionaires: #468 Robert Kraft
  • Forbes 2009: The 400 Richest Americans: #236 Robert Kraft
  • Forbes 2010: The World's Billionaires: #655 Robert Kraft
  • Forbes 2010: The 400 Richest Americans: #269 Robert Kraft
  • Forbes 2011: The World's Billionaires: #833 Robert Kraft

    • References

    Kraft Group Wikipedia
    (Text) CC BY-SA


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