The Kraft Group - AbsoluteAstronomy.com

The Kraft Group, LLC

Limited liability company

A limited liability company is a flexible form of enterprise that blends elements of partnership and corporate structures. It is a legal form of company that provides limited liability to its owners in the vast majority of United States jurisdictions...

is a group of privately held

Privately held company

A privately held company or close corporation is a business company owned either by non-governmental organizations or by a relatively small number of shareholders or company members which does not offer or trade its company stock to the general public on the stock market exchanges, but rather the...

companies in the professional sports

Professional sports

Professional sports, as opposed to amateur sports, are sports in which athletes receive payment for their performance. Professional athleticism has come to the fore through a combination of developments. Mass media and increased leisure have brought larger audiences, so that sports organizations...

, manufacturing

Manufacturing

Manufacturing is the use of machines, tools and labor to produce goods for use or sale. The term may refer to a range of human activity, from handicraft to high tech, but is most commonly applied to industrial production, in which raw materials are transformed into finished goods on a large scale...

, and real-estate development industries doing business in 82 countries. Founded in 1998 by American businessman Robert Kraft

Robert Kraft

Robert K. Kraft is an American business magnate. He is the Chairman and was the Chief Executive Officer of The Kraft Group, a diversified holding company with assets in paper and packaging, sports and entertainment, real estate development and a private equity portfolio...

as a holding company

Holding company

A holding company is a company or firm that owns other companies' outstanding stock. It usually refers to a company which does not produce goods or services itself; rather, its purpose is to own shares of other companies. Holding companies allow the reduction of risk for the owners and can allow...

, it is based out of Foxborough, Massachusetts

Foxborough, Massachusetts

-Demographics:As of the census of 2000, there were 16,246 people, 6,141 households, and 4,396 families residing in the town. The population density was 809.1 people per square mile . There were 6,299 housing units at an average density of 313.7 per square mile...

and comprises the following companies:

Kraft Sports Group
- New England Patriots
  New England Patriots
  The New England Patriots, commonly called the "Pats", are a professional football team based in the Greater Boston area, playing their home games in the town of Foxborough, Massachusetts at Gillette Stadium. The team is part of the East Division of the American Football Conference in the National...
  
  , LP
  Limited partnership
  A limited partnership is a form of partnership similar to a general partnership, except that in addition to one or more general partners , there are one or more limited partners . It is a partnership in which only one partner is required to be a general partner.The GPs are, in all major respects,...
  
  (founded in 1960, acquired by Kraft in 1994)
- New England Revolution
  New England Revolution
  The New England Revolution is an American professional association football club based in Foxborough, Massachusetts which competes in Major League Soccer , the top professional soccer league in the United States and Canada...
  
  , LP (founded by Kraft in 1995)
- Gillette Stadium
  Gillette Stadium
  Gillette Stadium is a multi-purpose stadium located in Foxborough, Massachusetts, 21 miles southwest of downtown Boston and from downtown Providence, Rhode Island. It serves as the home stadium and administrative offices for the New England Patriots football team and the New England Revolution...
  
  , $325 million facility privately financed by Kraft (opened 2002)
  - Patriot Place
    Patriot Place
    Patriot Place is an open-air shopping center located in Foxborough, Massachusetts built around Gillette Stadium, home of the New England Patriots and New England Revolution. Phase 1 opened in fall 2007, which included the construction of a small strip mall containing Bass Pro Shops, Staples,...
    
    , $350 million "lifestyle and entertainment center" around Gillette Stadium (opened 2007–2008)
- TeamOps, LLC
  Limited liability company
  A limited liability company is a flexible form of enterprise that blends elements of partnership and corporate structures. It is a legal form of company that provides limited liability to its owners in the vast majority of United States jurisdictions...
  
  (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
  Myra Kraft
  Myra Nathalie Kraft, née Hiatt was an American philanthropist. She was the daughter of the late Worcester philanthropist Jacob Hiatt and wife of New England Patriots and New England Revolution owner Robert Kraft....
- Based in Worcester, Massachusetts
  Worcester, Massachusetts
  Worcester is a city and the county seat of Worcester County, Massachusetts, United States. Named after Worcester, England, as of the 2010 Census the city's population is 181,045, making it the second largest city in New England after Boston....
  
  , includes:
  - Rand-Whitney Container, LLP
    Limited liability partnership
    A limited liability partnership is a partnership in which some or all partners have limited liability. It therefore exhibits elements of partnerships and corporations. In an LLP one partner is not responsible or liable for another partner's misconduct or negligence. This is an important...
  - Rand-Whitney Containerboard, LLP
  - Rand-Whitney Waste, LLP
International Forest Products, Inc.
Incorporation (business)
Incorporation is the forming of a new corporation . The corporation may be a business, a non-profit organisation, sports club, or a government of a new city or town...

(founded by Kraft in 1972)
- Operated by Robert Kraft's son Daniel Kraft
More than 30 private equity
Private equity
Private equity, in finance, is an asset class consisting of equity securities in operating companies that are not publicly traded on a stock exchange....

investment
Investment
Investment has different meanings in finance and economics. Finance investment is putting money into something with the expectation of gain, that upon thorough analysis, has a high degree of security for the principal amount, as well as security of return, within an expected period of time...

s
- Principal shareholdings
  - Carmel Container Systems, Ltd.
    Private company limited by shares
    A private company limited by shares, usually called a private limited company , is a type of company incorporated under the laws of England and Wales, Scotland, that of certain Commonwealth countries and the Republic of Ireland...
    - Based in Caesarea, Israel
      Israel
      The State of Israel is a parliamentary republic located in the Middle East, along the eastern shore of the Mediterranean Sea...
  - American-Israeli Paper Mills, Ltd.
    - Based in Hadera
      Hadera
      Hadera is a city located in the Haifa District of Israel approximately from the major cities of Tel Aviv and Haifa. The city is located along of the Israeli Mediterranean Coastal Plain...
      
      , Israel
      Israel
      The State of Israel is a parliamentary republic located in the Middle East, along the eastern shore of the Mediterranean Sea...
  - Ampal Enterprises, Ltd.
    - Based in Tel Aviv
      Tel Aviv
      Tel Aviv , officially Tel Aviv-Yafo , is the second most populous city in Israel, with a population of 404,400 on a land area of . The city is located on the Israeli Mediterranean coastline in west-central Israel. It is the largest and most populous city in the metropolitan area of Gush Dan, with...
      
      , Israel
      Israel
      The State of Israel is a parliamentary republic located in the Middle East, along the eastern shore of the Mediterranean Sea...

Forbes rankings

Forbes

Forbes is an American publishing and media company. Its flagship publication, the Forbes magazine, is published biweekly. Its primary competitors in the national business magazine category are Fortune, which is also published biweekly, and Business Week...

has ranked Kraft and The Kraft Group in various wealth listings starting in 2005:

External links

The Kraft Group

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