Caribbean Cream

What Caribbean Cream does

Caribbean Cream Limited is a Jamaican ice cream manufacturer operating under the Kremi brand, founded in April 2006 by Christopher Clarke and headquartered at 3 South Road, Kingston. The company produces bulk ice cream in 3-gallon, 1.5-gallon, pint, and quart containers with more than 20 tropical and Caribbean-inspired flavors (including Grapenut, Rum Raisin, Stout, and Coffee Rum Cream), ice cream cakes in Vanilla, Cookie and Cream, and Grapenut variants, and novelty icicles in Caribbean flavors (Sour Cherry, Grape, Kola Champagne, Green Apple, Watermelon). Manufacturing runs on a $180-million ammonia refrigeration plant installed in November 2018 that increased production capacity by 20%, with a US$2-million combined heat and power energy conversion project budgeted for 2021 in partnership discussions with New Fortress Energy.

The company's business model centers on a distinctive multi-channel distribution architecture unique to the Jamaican market: mobile 'fudgie' vendors selling ice cream from motor bikes and bicycles at residents' gates in densely populated communities, a Scoop Shop franchise program for entrepreneurs operating approved locations, wholesale and retail outlets, and company-owned depots and outlets across eight Jamaican parishes (Kingston, St. Catherine, Clarendon, Westmoreland, St. Ann, St. Thomas, St. Mary, and Portland), with Wisynco Group Ltd. as the primary wide-distribution partner from Spanish Town. The company also distributes the Flavorite brand of frozen novelties from Trinidad and Tobago. Pricing is unit-based across container sizes, with revenue reported in Jamaican dollars.

Caribbean Cream listed on the Jamaica Stock Exchange Junior Market in 2013 as the first ice cream company to do so (ticker: Kremi), reporting FY2019 revenue of J$1.5 billion (+13% YoY) and net profit before tax of J$103 million (+14% YoY), with total assets of J$980 million and total equity of J$715.3 million as of November 2018. The Clarke family retains significant control: Christopher Clarke serves as Managing Director and CEO, with his mother Carol Clarke-Webster (founder of Scoops Un-Limited Limited and pioneer of Devon House I-Scream) as Chairperson. The company employs approximately 61 people across its Kingston manufacturing and Montego Bay distribution operations and shares finance, marketing, HR, and IT functions with related company Scoops Unlimited Limited under a shared service agreement.

Name

Caribbean Cream

Legal name

Caribbean Cream Ltd.

Website

https://caribcream.com

Company type

Public

Founded year

2006

Operating status

Operating

Headcount range

51–100 employees

Short description

Caribbean Cream Ltd. manufactures and distributes the Kremi brand of ice cream in Jamaica, producing bulk ice cream, ice cream cakes, and novelty icicles with tropical Caribbean flavors. The company sells through mobile fudgie vendors, scoop shop franchises, retail outlets, and company-owned depots nationwide.

Ownership category

akta.pro rank

Product category

Ice Cream Manufacturing

NAICS

Ice Cream and Frozen Dessert Manufacturing (311520)

SIC

Ice Cream & Frozen Desserts (2024), Dairy Products (2020)

akta.pro primary industry

Ice Cream, Frozen Desserts & Novelties Manufacturing (AFAKAKAE)

Keywords

• Ice cream manufacturing
• Frozen desserts
• Bulk ice cream
• Novelty ice cream
• Ice cream cakes

Headquarters

HQ city

Kingston

HQ country

Jamaica

HQ region

Latin America

Offices12 records

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Bulk Ice Cream Sales: Sale of bulk ice cream in 3 and 1.5 gallon-sized containers and quart-sized ice cream tubs for families and groups through wholesale, retail, and fudgie vendor channels.
2. Ice Cream Cakes: Ice cream cakes sold in individual 165g packages or cases of 12, featuring Vanilla, Cookie and Cream, and Grapenut flavours.
3. Novelty Icicles: Frozen icicle novelty products sold individually including Sour Cherry, Grape, Kola Champagne, Green Apple, and Watermelon flavours.
4. Distribution of Flavorite Brand: Distribution of Flavorite brand frozen novelties from Trinidad and Tobago.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels4 records

Core offering

Caribbean Cream manufactures and distributes the Kremi brand of frozen dairy desserts in Jamaica, including more than 20 tropical-flavoured bulk ice creams in 1.5 and 3 gallon containers, pint and quart tubs, ice cream cakes in three flavours, and novelty icicles. Products reach consumers via mobile fudgie vendors on motor bikes/bicycles, Scoop Shop franchisees, retail/wholesale outlets, company-owned depots, and the Wisynco distribution partnership.

Product overview

Caribbean Cream operates the Kremi brand as Jamaica's leading ice cream company, offering a portfolio of frozen dairy products including bulk ice cream sold in multiple container sizes (3 gallon, 1.5 gallon, pint, quart, tub), ice cream cakes (individual 165g packages or cases of 12), and novelties (icicles). The company distributes through 'fudgie' mobile vendors on motorcycles, company-approved Scoop Shops, wholesale accounts, and retail locations across Jamaica. Products feature bold tropical Caribbean flavors such as rum raisin, grapenut, orange-pineapple, stout, and coffee rum cream.

Differentiator

Problem solved

Functional benefit

Products and services

• Kremi Ice Cream (Bulk) Kremi bulk ice cream sold in 3 gallon, 1.5 gallon, pint, and quart-sized containers and tubs, featuring more than 20 creamy, tropical, and Caribbean-inspired flavours (including Cookies N' Cream, Grapenut, Rum Raisin, Hot Fudge, Cherry Chocolate Chip, Orange Pineapple, Cherry Pineapple, Pistachio Cherry, Chocolate Vanilla, Choco Swag, Vanilla, Chocolate, Banana Split, Cherry Vanilla, Stout, Jam 50th, Fruit Cake, Coffee Rum Cream, Pistachio, and Egg Nog). Distributed to families and groups through wholesale, retail, and fudgie vendor channels.
• Kremi Ice Cream Cakes Rich ice cream wrapped in a spiral of thick, moist chocolate cake, available in Vanilla, Cookie and Cream, and Grapenut flavours. Sold in individual 165g packages or cases of 12 for events, birthdays, parties, and special occasions.
• Kremi Icicles (Novelties) Frozen novelty icicle products infused with popular Caribbean flavours, featuring the Mee mascot. Available in Sour Cherry, Grape, Kola Champagne, Green Apple, and Watermelon flavours. First novelty icicle line created commercially in Jamaica.

Quantifiable outcome

• Revenue grew to J$1.5 billion in FY2019, a 13% increase with net profit before tax of J$103 million, up 14%
• +5 more outcomes

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• Wisynco Group Ltd.coreChannel Partner/ Reseller/ DistributorWisynco Group Ltd. serves as the primary distributor for Kremi products from their White Marl Industrial Complex in Spanish Town, enabling wider distribution across Jamaica.
• Scoops Unlimited LimitedcoreStrategic or Co-development PartnerRelated company with shared service agreement for finance, marketing, human resources, and IT functions. Finance, marketing, human resources, information technology functions are shared by both companies and centralised at one location, reducing administrative costs.

Scale indicators13 records

Recent moves12 records

Expansion highlights5 records

Broad incumbents

• GraceKennedy Limited: Jamaican food manufacturing and distribution conglomerate with broad grocery portfolio and global reach; competes with Kremi across Jamaican retail channels and is comparable as a publicly listed Jamaican food manufacturer (former employer of independent director Simon Roberts).
• Baskin-Robbins: Global ice cream and scoop-shop franchise with Caribbean locations (including Jamaica); overlaps with Kremi in branded scoop-shop experiences and franchise-style retail, but with vastly broader global scale.
• Unilever (Ice Cream): Owner of major ice cream brands (Wall's, Breyers, Magnum, Ben & Jerry's, etc.); competes with Kremi through imported tub and impulse products sold in Jamaican supermarkets and tourism channels.
• Nestlé (Ice Cream): Global packaged ice cream and novelty manufacturer (e.g., Nestlé branded and Parlour's range); competes with Kremi in grocery freezer space and imports into the Caribbean via regional distributors.
• Häagen-Dazs: Premium global ice cream brand with distribution in the Caribbean (hotels, upscale retail, supermarkets); competes with Kremi for tourism-channel and higher-income consumer occasions rather than mid-market bulk tubs.

Direct peers

• Bachelor's Hall Irish Moss & Ice Cream: Jamaica-based frozen dessert manufacturer known for Irish moss drinks and ice cream; competes with Kremi in local branded frozen products and Caribbean-flavored novelties.
• Devon House I-Scream (Scoops Un-Limited Limited): Founded in 1989 by Carol Clarke-Webster (Kremi's Chairperson and mother of CEO Christopher Clarke), Scoops Un-Limited manufactures Devon House I-Scream in Jamaica — Kremi's most direct domestic competitor and a family-affiliated entity with which Kremi shares administrative services.
• Honey Bee Ice Cream: Jamaican ice cream brand competing in the same mid-market bulk and novelty segments where Kremi operates, distributed through similar corner-shop and retail channels.

Others

• Wisynco Group Limited: Jamaica's largest food and beverage manufacturer and distributor; serves as Kremi's primary wide-distribution partner from the White Marl Industrial Complex and is therefore a critical channel partner rather than a direct competitor.

Regional players

• Island Creamery: Caribbean ice cream producer with operations across several islands including Jamaica; competes with Kremi via shared regional retail and tourism channels, though headquartered outside Jamaica.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/creaam-limited

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Caribbean Cream