The Kraft Group

The Kraft Group

Infobox Company
company_name = The Kraft Group
company_
company_type = Privately held company / Business groupcite web|author=Forbes|date=2007-11-08|url=http://www.forbes.com/lists/2007/21/biz_privates07_The-Kraft-Group_E6E0.html|title ="The 500 Largest American Private Companies: #319 The Kraft Group"|work=Forbes.com| publisher=Forbes|accessdate=2008-03-06]
company_slogan =
foundation = 1998cite web|author=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| publisher=University of Massachusetts Boston|accessdate=2008-03-06]
location_city = Foxborough, Massachusetts
location_country = United States
key_people = Robert Kraft, Chairman and CEO
Jonathan Kraft, President and COO
Michael Quattromani, CFO
[http://www.tufts.edu/trustees/info/kraft.shtml Daniel Kraft]
Joshua Kraft
David Kraft
industry = Professional sports, Manufacturing, Real-estate development, Private equity investmentscite web|author=New England Patriots|url=http://www.patriots.com/team/index.cfm?ac=mgersexecsbio&bio=547|title ="Robert Kraft - Official New England Patriots Biography"|work=Patriots.com| publisher=Patriots.com|accessdate=2007-06-04]
products= Paper and packaging materials
revenue = profit US $1.4 billion
(estimated 2007)
num_employees = 5,000 (2007)
parent =
subsid =
homepage = [http://www.thekraftgroup.com/ The Kraft Group]
footnotes =

The Kraft Group, LLC is a group of privately held companies in the professional sports, manufacturing, and real-estate development industries doing business in 82 countries. Founded in 1998 by American businessman Robert Kraft as a holding company, it is based out of 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) [cite web|author=Jenn Abelson|date=2007-05-20|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|accessdate=2008-03-06]
** 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
**Based in Worcester, Massachusetts, includes:
***Rand-Whitney Container, LLP
***Rand-Whitney Containerboard, LLP
***Rand-Whitney Waste, LLP
* International Forest Products, Inc. (founded by Kraft in 1972)
**Operated by Robert Kraft's son Daniel Kraft
* 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 [http://sec.edgar-online.com/2003/06/24/0000909518-03-000411/Section12.asp MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS] Carmel Container Systems, Ltd. Accessed 29 September 2007.]
***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:

* [http://www.forbes.com/lists/2005/54/GSI4.html Forbes 2005: The 400 Richest Americans: #320 Robert Kraft]
* [http://www.forbes.com/lists/2006/10/GSI4.html Forbes 2006: The World's Billionaires: #698 Robert Kraft]
* [http://www.forbes.com/lists/2006/54/biz_06rich400_Robert-Kraft_GSI4.html Forbes 2006: The 400 Richest Americans: #297 Robert Kraft]
* [http://www.forbes.com/lists/2006/21/biz_06privates_The-Kraft-Group_E6E0.html Forbes 2006: The 500 Largest American Private Companies: #392 The Kraft Group]
* [http://www.forbes.com/lists/2007/10/07billionaires_Robert-Kraft_GSI4.html Forbes 2007: The World's Billionaires: #754 Robert Kraft]
* [http://www.forbes.com/lists/2007/54/richlist07_Robert-Kraft_GSI4.html Forbes 2007: The 400 Richest Americans: #361 Robert Kraft]
* [http://www.forbes.com/lists/2007/21/biz_privates07_The-Kraft-Group_E6E0.html Forbes 2007: The 500 Largest American Private Companies: #319 The Kraft Group]
* [http://www.forbes.com/lists/2008/10/billionaires08_Robert-Kraft_GSI4.html Forbes 2008: The World's Billionaires: #843 Robert Kraft]
* [http://www.forbes.com/lists/2008/54/400list08_Robert-Kraft_GSI4.html Forbes 2008: The 400 Richest Americans: #321 Robert Kraft]

References

External links

* [http://www.thekraftgroup.com/ The Kraft Group]
* [http://www.kraftsportsgroup.com The Kraft Sports Group]
* [http://www.patriots.com New England Patriots]
* [http://www.RevolutionSoccer.net New England Revolution]
* [http://www.randwhitney.com The Rand Whitney Group]
* [http://www.ifpcorp.com/ International Forest Products]
* [http://patriot-place.com/ Patriot Place]


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