KINGSTON, Jamaica — Kintyre Holdings Limited has announced the acquisition of a chemical manufacturing plant, a five-gallon water bottling plant and a white label production contract for chemical manufacturing, in a strategic transaction valued at over $40 million.

According to a press release from the company on Thursday, the acquisition was completed as an all-equity transaction and marks another significant milestone in the rapid expansion of its manufacturing subsidiary, BOLD Manufacturing & Distribution. It said it is expected to generate immediate revenue while strengthening the company’s operational capabilities and long-term profitability.

The company said the newly acquired chemical manufacturing plant is already an income-generating asset and will now support the production of chemicals for distribution through Miracle Corporation, alongside additional distribution partnerships being developed across targeted markets.

The acquisition, it noted, also includes a fully equipped five-gallon water bottling plant with an integrated purification system, expanding BOLD Manufacturing’s footprint within Jamaica’s growing water distribution market.

These developments build on the company’s recently announced acquisition of a fully automated water bottling facility, capable of producing 500ml, 750ml and 1-litre bottled water products from start to finish. The facility is projected to support production capacity valued at over $75 million in 500ml bottled water monthly, positioning BOLD Manufacturing as an emerging force within Jamaica’s manufacturing and consumer goods sectors.

The company noted that the acquisitions significantly reduced direct production expenses by a lowing BOLD Manufacturing to operate through its own vertically integrated manufacturing structure while improving efficiency, scalability and product control.

Speaking on the acquisition, Deputy Chief Executive Officer and Chief Investment Officer of Kintyre Holdings Limited, Adrian Smith, who also leads BOLD Manufacturing & Distribution, stated: “BOLD has already begun earning revenue, with our products actively being distributed and placed on shelves across the market. We remain extremely bullish on expanding our manufacturing capabilities and delivering high-quality products to consumers while building a scalable and sustainable operation. These acquisitions position us to lower operating costs, strengthen our supply chain and accelerate our long-term growth strategy.”

Smith further emphasised that the company remains focused on building real, revenue-generating assets capable of delivering long-term shareholder value while expanding Jamaica’s manufacturing capacity.

Director of Kintyre Holdings Limited, Donovan White, also welcomed the continued growth of the company’s manufacturing segment, noting: “The Board of Kintyre Holdings is very satisfied with the direction the company is headed in, and BOLD Manufacturing is meeting the targets that were presented to the board of directors last year. We continue to support and advise the leadership team of Kintyre as the company builds out a diversified investment holding company with strong growth potential.”

Kintyre Holdings noted that the company is currently finalising the establishment of its broader manufacturing operations and remains optimistic about the future performance of the division as revenues continue to strengthen.

The company added that these strategic investments form part of its broader long-term vision of building a diversified portfolio of high-performing businesses across manufacturing, consumer products and industrial sectors.