The Kraft Group
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| The Kraft Group | |
|---|---|
| Type | Privately held company / Business group[1] |
| Founded | 1998[2] |
| 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 David Kraft |
| Industry | Professional sports, Manufacturing, Real-estate development, Private equity investments[3][2] |
| Products | Paper and packaging materials[3][2] |
| Revenue | ▲ US $1.4 billion (estimated 2007)[1] |
| 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 82 countries.[3] Founded in 1998 by American businessman Robert Kraft as a holding company,[2] 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)[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
- 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
[edit] Forbes rankings
Forbes has ranked Kraft 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
[edit] References
- ^ a b c d Forbes (2007-11-08). "The 500 Largest American Private Companies: #319 The Kraft Group". Forbes.com. Forbes. Retrieved on 2008-03-06.
- ^ a b c d 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 on 2008-03-06.
- ^ a b c d New England Patriots. "Robert Kraft - Official New England Patriots Biography". Patriots.com. Patriots.com. Retrieved on 2007-06-04.
- ^ Jenn Abelson (2007-05-20). "Krafts building a $350m Patriot Place complex, and a legacy". The Boston Globe. The Boston Globe. Retrieved on 2008-03-06.
- ^ Company Profile Carmel Container Systems, Ltd. Accessed 29 September 2007.
