The Kraft Group

The Kraft Group

Type	Private Business group[1]
Industry	Professional sports, Manufacturing, Real-estate development, Private equity investments[2][3]
Founded	1998[2]
Founder	Robert Kraft
Headquarters	Foxborough, Massachusetts, United States
Key people	Robert Kraft, Chairman and CEO Jonathan Kraft, President and COO Michael Quattromani, CFO[1] Daniel Kraft Joshua Kraft
Products	Paper and packaging materials[2][3] Real estate development Professional sports Manufacturing Financial services
Revenue	US $1.5 billion (estimated 2008)[1]
Number of employees	5,000 (2007)[1]
Website	The 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,^[2] 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)^[3]
    • Patriot Place, $350 million "lifestyle and entertainment center" around Gillette Stadium (opened 2007–2008)^[4]
  • 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^[5]
    • American-Israeli Paper Mills, Ltd.
      • Based in Hadera, Israel^[6]
    • Ampal Enterprises, Ltd.
      • Based in Tel Aviv, Israel^[6]

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

1. Forbes (2008-11-03). "The 500 Largest American Private Companies: #326 The Kraft Group". Forbes.com. Forbes. Retrieved 2008-11-18.
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 2008-03-06.
3. New England Patriots. "Robert Kraft - Official New England Patriots Biography". Patriots.com. Patriots.com. Retrieved 2007-06-04.
4. Jenn Abelson (2007-05-20). "Krafts building a $350m Patriot Place complex, and a legacy". The Boston Globe. The Boston Globe. Retrieved 2008-03-06.
5. Company Profile Carmel Container Systems, Ltd. Accessed 29 September 2007.
6. MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS Carmel Container Systems, Ltd. Accessed 29 September 2007.

External links

• The Kraft Group
• International Forest Products