Kraft Group
{{Short description|American group of large corporations}}
{{Distinguish|Kraft Foods|Kraft Heinz}}
{{Use dmy dates|date=February 2020}}
{{Infobox company
| name = The Kraft Group
| logo = Kraft Group Logo.svg
| type = {{unbulleted list|Private|Business group{{Cite web|author=Forbes|author-link=Forbes|date=3 November 2008|url=https://www.forbes.com/lists/2008/21/privates08_The-Kraft-Group_E6E0.html|title =The 500 Largest American Private Companies: #326 The Kraft Group|work=Forbes|access-date=18 November 2008}}}}
| 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{{Cite web|author=New England Patriots|author-link=New England Patriots|url=http://www.patriots.com/team/staff/robert-kraft/e4af13f7-fe19-430c-9485-e3fe17042ca6|title=Robert Kraft – Official New England Patriots Biography|work=Patriots.com|access-date=4 June 2007|url-status=dead|archive-url=https://web.archive.org/web/20110601044553/http://www.patriots.com/team/staff/robert-kraft/e4af13f7-fe19-430c-9485-e3fe17042ca6|archive-date=1 June 2011}}
| products= Paper and packaging materials
Real estate development
Professional sports
Manufacturing
Financial services
| revenue = {{profit}} US $3.5 billion
(estimated 2015)
| num_employees = 12,900 (2018){{Cite web|url=https://www.forbes.com/companies/the-kraft-group/?sh=734ead5d615a|title = The Kraft Group| website=Forbes }}
| parent =
| subsid =
| footnotes =
| foundation = {{start date and age|df=yes|1998}}{{Cite web|author=University of Massachusetts Boston|author-link=University of Massachusetts Boston|url=http://www.umb.edu/news/2007news/releases/june/kraft.html|title =New England Patriots Owner Robert Kraft Receives an Honorary Degree at UMass Boston's 39th Commencement|work=University of Massachusetts Boston|access-date=6 March 2008}}
| location_city = Foxborough, Massachusetts
| location_country = United States
| homepage = {{URL|https://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. 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.{{Cite web|url=https://www.thekraftgroup.com/the-kraft-group/|title=The Kraft Group|website=The Kraft Group|date=15 June 2018|access-date=30 April 2020}}
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|date=July 2020}}
- 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){{Cite web|author=Jenn Abelson|date=20 May 2007|url=http://www.boston.com/sports/football/patriots/articles/2007/05/20/krafts_building_a_350m_patriot_place_complex_and_a_legacy/|title =Krafts building a $350m Patriot Place complex, and a legacy|work=The Boston Globe| publisher=The Boston Globe|access-date=6 March 2008}}
- 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,{{Cite web |title=OXG Esports {{!}} Rainbow Six |url=https://www.oxgesports.com/oxg/rainbow-six |access-date= |website=OXG Esports {{!}} Rainbow Six}} 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|date=July 2020}}
- 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[http://www.carmelccs.com/Profile.htm Company Profile] Carmel Container Systems, Ltd. Accessed 29 September 2007.
- American-Israeli Paper Mills, Ltd.
- Based in Hadera, Israel{{cite web|url=http://edgar.secdatabase.com/1203/90951803000411/filing-main.htm |title=Carmel Container Systems, Ltd, Form 20-F, Filing Date Jun 24, 2003 |publisher=secdatabase.com |access-date =14 May 2018}}
- Ampal Enterprises, Ltd.
- Based in Tel Aviv, Israel
Philanthropy
In 2023, Kraft Group donated $500,000 to the pro-Israel lobby group AIPAC.{{Cite web |date=2024-03-04 |title=Who's Funding AIPAC's Political Spending Barrage? |url=https://readsludge.com/2024/03/04/whos-funding-aipacs-political-spending-barrage/ |access-date=2024-08-12 |website=Sludge |language=en}}
References
{{Reflist}}
External links
- [http://www.thekraftgroup.com/ The Kraft Group]
- [http://www.ifpcorp.com/ International Forest Products]
{{New England Patriots}}
{{New England Revolution}}
{{Boston Uprising}}
{{Authority control}}
{{DEFAULTSORT:Kraft Group}}
Category:Financial services companies established in 1998
Category:American companies established in 1998
Category:Holding companies of the United States
Category:Manufacturing companies based in Massachusetts
Category:Privately held companies based in Massachusetts
Category:Real estate companies of the United States
Category:New England Patriots owners
Category:New England Revolution
Category:Private equity firms of the United States