The Kraft Group,
LLC, is a group of
privately held companies in the
professional sports
In professional sports, as opposed to amateur sports, participants receive payment for their performance. Professionalism in sport has come to the fore through a combination of developments. Mass media and increased leisure have brought l ...
,
manufacturing
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to ...
, and
real estate development
Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to other ...
industries doing business in 90 countries.
Founded in 1998 by American businessman
Robert Kraft
Robert Kenneth Kraft (born June 5, 1941) is an American billionaire businessman. He is the chairman and chief executive officer (CEO) of the Kraft Group, a diversified holding company with assets in paper and packaging, sports and entertainment ...
as a
holding company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...
for various interests he had acquired since 1968,
it is based in
Foxborough, Massachusetts.
Corporate structure
* Kraft Sports Group
**
New England Patriots,
LP (founded in 1960, acquired by Kraft in 1994)
**
New England Revolution
The New England Revolution is an American professional soccer club based in the Greater Boston area that competes in Major League Soccer (MLS), in the Eastern Conference of the league. It is one of the ten charter clubs of MLS, having compe ...
, LP (founded by Kraft in 1995)
**
Gillette Stadium
Gillette Stadium is a multi-purpose stadium located in the town of Foxborough, Massachusetts, which is southwest of downtown Boston. It serves as the home stadium and administrative offices for both the New England Patriots of the National Foot ...
, $325 million facility privately financed by Kraft (opened 2002)
***
Patriot Place
Patriot Place is an open-air shopping center owned by The Kraft Group built around Gillette Stadium, the home of the New England Patriots and New England Revolution. It is located in Foxborough, Massachusetts.
The first phase opened in fall 2 ...
, $350 million "lifestyle and entertainment center" around Gillette Stadium (opened 2007–2008)
** TeamOps,
LLC (founded in 2006)
*** TeamOps (Event Staff)
*** TeamOps Detect
**
Boston Breach, a
Call of Duty League
The Call of Duty League (CDL) is a professional esports league for the video game series ''Call of Duty'', produced by its publisher Activision. The Call of Duty League follows the model of the Overwatch League as well as other traditional N ...
team (founded in 2021)
**
Boston Uprising
Boston Uprising is an American professional ''Overwatch'' esports team based in Boston, Massachusetts. The team competes in the Overwatch League (OWL) as a member of the league's West region. Founded in 2017, Boston is one of the league's twelv ...
, an
Overwatch League
The Overwatch League (OWL) is a professional esports league for the video game ''Overwatch'', produced by its developer, Blizzard Entertainment. The Overwatch League follows the model of other traditional North American professional sporting le ...
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
Myra Hiatt Kraft (''née'' Myra Nathalie Hiatt; December 27, 1942 – July 20, 2011) was an American philanthropist and the wife of New England Patriots and New England Revolution owner Robert Kraft.
Early life and education
Kraft was born in Wor ...
**Based in
Worcester, Massachusetts
Worcester ( , ) is a city and county seat of Worcester County, Massachusetts, United States. Named after Worcester, England, the city's population was 206,518 at the 2020 United States census, 2020 census, making it the second-List of cities i ...
, 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
In the field of finance, the term private equity (PE) refers to investment funds, usually limited partnerships (LP), which buy and restructure financially weak companies that produce goods and provide services. A private-equity fund is both a t ...
investments
** Principal shareholdings
***Carmel Container Systems,
Ltd.
****Based in
Caesarea, Israel
Caesarea (; he, קֵיסָרְיָה, , ''Keysariya'' or ''Qesarya''), also transliterated as Keisarya or Qaysaria, is an affluent town in north-central Israel, which was named after the ancient city of Caesarea Maritima situated to the south ...
Company Profile
Carmel Container Systems, Ltd. Accessed 29 September 2007.
***American-Israeli Paper Mills, Ltd.
****Based in Hadera, Israel
***Ampal Enterprises, Ltd.
****Based in Tel Aviv, Israel
Tel Aviv-Yafo ( he, תֵּל־אָבִיב-יָפוֹ, translit=Tēl-ʾĀvīv-Yāfō ; ar, تَلّ أَبِيب – يَافَا, translit=Tall ʾAbīb-Yāfā, links=no), often referred to as just Tel Aviv, is the most populous city in the G ...
References
External links
The Kraft Group
International Forest Products
{{DEFAULTSORT:Kraft Group
Financial services companies established in 1998
American companies established in 1998
Holding companies of the United States
Manufacturing companies based in Massachusetts
Privately held companies based in Massachusetts
Real estate companies of the United States
New England Patriots owners
New England Revolution
Private equity firms of the United States
Foxborough, Massachusetts
Boston Uprising
Family-owned companies of the United States