Kraft Group
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The Kraft Group, LLC, is a group of
privately held A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equi ...
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 larger a ...
,
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 the secondary sector of the economy. The term may refer ...
, 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 Real Estate, land and the sale of developed land or parce ...
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 entertainmen ...
as a
holding company A holding company is a company whose primary business is holding a controlling interest in the Security (finance), securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own Share ...
for various interests he had acquired since 1968, it is based in Foxborough, Massachusetts.


Corporate structure

* Kraft Sports Group **
New England Patriots The New England Patriots are a professional American football team based in the Greater Boston area. The Patriots compete in the National Football League (NFL) as a member of the American Football Conference (AFC) AFC East, East division. The Pa ...
, LP (founded in 1960, acquired by Kraft in 1994) **
New England Revolution The New England Revolution are an American professional association football, soccer club based in the Greater Boston area. The club competes in Major League Soccer (MLS) as a member of the Eastern Conference (MLS), Eastern Conference. It is on ...
, LP (founded by Kraft in 1995) **
Gillette Stadium Gillette Stadium is a multi-purpose stadium located in Foxborough, Massachusetts, United States. The stadium is southwest of Downtown Boston and 18 miles (29 km) northeast of Providence, Rhode Island. It serves as the home stadium and admi ...
, $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 ** Boston Breach, a Call of Duty League team (Founded in 2021) ** Boston Uprising, an
Overwatch League The Overwatch League (OWL) was a professional esports league for the video game ''Overwatch'', produced by its developer, Blizzard Entertainment. From 2018 to 2023, the Overwatch League followed the model of other traditional North American prof ...
team (Founded in 2017 - Folded in 2024) ** Oxygen Esports, a Rainbow Six Siege team (Founded in 2020) * 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 **Based in
Worcester, Massachusetts Worcester ( , ) is the List of municipalities in Massachusetts, second-most populous city in the U.S. state of Massachusetts and the list of United States cities by population, 113th most populous city in the United States. Named after Worcester ...
, includes: ***Rand-Whitney Container,
LLP A limited liability partnership (LLP) is a partnership in which some or all partners (depending on the jurisdiction) have limited liabilities. It therefore can exhibit aspects of both partnerships and corporations. In an LLP, each partner is n ...
***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 Private equity (PE) is stock in a private company that does not offer stock to the general public; instead it is offered to specialized investment funds and limited partnerships that take an active role in the management and structuring of the co ...
investment Investment is traditionally defined as the "commitment of resources into something expected to gain value over time". If an investment involves money, then it can be defined as a "commitment of money to receive more money later". From a broade ...
s ** 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


Philanthropy

In 2023, Kraft Group donated $500,000 to the pro-Israel lobby group AIPAC.


References


External links


The Kraft GroupInternational 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