KINGSTON, Jamaica – In a strategic move signaling significant expansion within the Caribbean spirits sector, Jamaican investment firm Kintyre Holdings (JA) has formally announced its acquisition of the complete Kulcha Rum enterprise. The transaction, finalized on Wednesday, encompasses all commercial operations, intellectual property rights, and the entire product portfolio associated with the distinctive rum brand.
The acquisition was executed through the purchase of the business from existing owners Richard Lee, proprietor of Miracle Corporation, and Jamaican entrepreneur Peter Bovell. Kulcha Rum, which is presently contract-distilled at a facility on Pechon Street in downtown Kingston, enjoys national distribution through Miracle Corporation. As part of an aggressive growth strategy orchestrated by Kintyre Holdings, additional distribution partnerships are slated to be established to broaden the brand’s market reach.
Under the new ownership structure, Kulcha Rum will be integrated into a newly formed Spirits Division within Kintyre Holdings. This division has been specifically created to spearhead the company’s ambitious foray into Jamaica’s lucrative rum and spirits industry. The brand’s existing product line, which features White Rum, Gold Rum, and an innovative cannabis-inspired variant, remains intact. Notably, the flavored offering utilizes herbal notes for its distinctive profile while maintaining full compliance with Jamaican regulatory standards for non-infused spirits.
This acquisition coincides with a period of remarkable financial performance for Kintyre Holdings, which reported record-breaking results for the nine-month period ending September 30, 2025. The purchase represents a key component of the company’s ongoing mergers and acquisitions strategy, designed to diversify its investment holdings and capitalize on high-growth market segments. The involved parties have indicated that a forthcoming press conference will be scheduled to provide further details on the acquisition and its implications for the future of the Kulcha Rum brand.