Swiss Water

What Swiss Water does

Swiss Water Decaffeinated Coffee Inc. is a Canadian specialty coffee company headquartered in Delta, British Columbia, that operates the proprietary Swiss Water Process, a chemical-free decaffeination method which removes caffeine from green coffee without using methylene chloride or ethyl acetate. Founded in 1988 (rebranded from Ten Peaks Coffee Company Inc. in 2018) and publicly listed on the TSX under the symbol SWP, the company serves leading coffee roasters across the United States and 56 countries, with the Swiss Water Process positioned as the only consumer-branded decaffeination process in the market. The company also owns Seaforth Supply Chain Solutions Inc., a wholly-owned subsidiary providing green coffee handling and storage services to both Swiss Water and third-party customers in Vancouver, Canada.

The core technology is a proprietary chemical-free decaffeination process that the company describes as differentiated from the majority of global decaf production, which still relies on solvent-based methods. The business operates through a B2B service model in which specialty and premium coffee roasters send green coffee to the Delta facility for processing, with revenue generated via processing fees tied to volume. A second production line at the Delta site was completed by Q3 2023, expanding capacity to support increased sales. The customer base is concentrated in the specialty coffee vertical, with no individual customer logos publicly disclosed beyond a general reference to leading roasters.

The company's revenue mechanics are volume-driven and sensitive to green coffee prices, as evidenced by the expansion of its revolving credit facility to $80 million in June 2025 (with CIBC and Rabobank, maturing June 2027) to support working capital amid elevated coffee costs. FY2025 revenue was C$258.7 million, up 49% year-over-year, with net income of C$1.6 million (up 23%) but adjusted EBITDA down 21% due to market inversion costs. Governance has been actively reshaped in 2026, with a cooperation agreement signed with its largest shareholder, Properly Investment Company Ltd. (approximately 16.68% stake), a new three-year Shareholder Rights Plan adopted, and a board expansion adding Properly's CIO Mark Vendramin.

Name

Swiss Water

Legal name

Swiss Water Decaffeinated Coffee Inc.

Website

https://investor.swisswater.com

Company type

Public

Founded year

1988

Operating status

Operating

Headcount range

51–100 employees

Short description

Swiss Water Decaffeinated Coffee Inc. is a Canadian specialty coffee company that operates the proprietary Swiss Water Process, a chemical-free decaffeination service for green coffee, serving leading coffee roasters across the United States and 56 countries. It also owns Seaforth Supply Chain Solutions, providing green coffee storage and handling.

Ownership category

akta.pro rank

Product category

Specialty Coffee Decaffeination

NAICS

Coffee and Tea Manufacturing (311920), Beverage Manufacturing (3121)

SIC

Beverages (2080)

akta.pro primary industry

Green Coffee Processing (Hulling, Grading, Decaffeination) (AFAFADAA)

Keywords

• Chemical-free decaffeination
• Coffee processing services
• Specialty green coffee
• Coffee supply chain
• Decaf coffee production

Headquarters

HQ city

Burnaby

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Decaffeination Services: Swiss Water provides fee-based decaffeination services to coffee roasters, processing green coffee using the Swiss Water Process. Revenue is generated through processing fees based on volume of coffee decaffeinated.
2. Seaforth Supply Chain Solutions: Green coffee handling and storage business providing integrated and efficient coffee handling services for Swiss Water as well as third-party customers who store coffee in Vancouver, Canada.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

Swiss Water provides B2B chemical-free decaffeination services to leading specialty coffee roasters using its proprietary Swiss Water Process, which removes caffeine from green coffee without methylene chloride or ethyl acetate. The company also operates Seaforth Supply Chain Solutions, an integrated green coffee handling and storage facility serving both its own operations and third-party customers in Vancouver, Canada. All operations are headquartered in Delta, British Columbia.

Product overview

Swiss Water Decaffeinated Coffee Inc. operates two distinct but complementary business units: (1) Swiss Water® Process — the company's core proprietary chemical-free decaffeination service for premium green coffee, which serves leading coffee roasters throughout the United States and 56 countries, and (2) Seaforth Supply Chain Solutions Inc. — an integrated green coffee handling and storage facility. The Swiss Water® Process is the only consumer-branded decaffeination process, positioning the company as the global leader in environmentally responsible decaffeinated coffee. Both businesses are headquartered in Delta, British Columbia, Canada, and the company trades on the TSX under the symbol SWP.

Differentiator

Problem solved

Functional benefit

Brands

• Swiss Water Process: The proprietary chemical-free decaffeination process used by Swiss Water Decaffeinated Coffee Inc. to remove caffeine from green coffee without the use of chemical solvents such as methylene chloride.

Products and services

• Swiss Water Process Decaffeination Service Proprietary chemical-free decaffeination processing service that removes caffeine from premium green coffee without using methylene chloride or ethyl acetate. Delivered to leading specialty coffee roasters across the United States and 56 countries on a fee-for-service basis.
• Seaforth Supply Chain Solutions Green coffee handling and storage facility located in Delta, British Columbia, providing integrated and efficient coffee handling services for Swiss Water as well as third-party customers who store coffee in Vancouver, Canada.

Quantifiable outcome

• Revenue growth of 49% year-over-year to C$258.7 million in 2025
• +1 more outcomes

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• Holistic RoastersminorStrategic or Co-development Partner · 4 December 2025Holistic Roasters partnered with Swiss Water Process to launch the world's first Biodynamic Decaf coffee. The new product uses environmentally friendly decaffeination techniques and is made from regeneratively grown coffee from Honduras.

Scale indicators10 records

Recent moves8 records

Expansion highlights4 records

Broad incumbents

• Nestlé: World's largest food and beverage company with the Nescafé and Nespresso coffee franchises, including significant decaffeinated coffee production. Comparable as both a major decaf buyer and a vertically integrated producer with sustainability-driven processing programs.
• Massimo Zanetti Beverage USA: One of the largest coffee manufacturers in North America with private-label and branded coffee including decaf. Comparable as a vertically integrated coffee processor that competes for the same specialty and premium decaf roaster relationships.
• JDE Peet's: Global coffee and tea group behind Peet's Coffee, Jacobs, Douwe Egberts, and other brands. Comparable as a major decaffeinated coffee producer and buyer operating at scale, with overlapping interest in clean-label and specialty decaf positioning.
• Strauss Group: Israeli multinational food and beverage company with a significant international coffee business (Strauss Coffee). Comparable as a vertically integrated coffee company with operations across multiple geographies that sources decaf at scale.
• Keurig Dr Pepper: North American beverage giant with substantial coffee operations including Green Mountain and K-Cup decaf pods. Comparable as a large-scale decaffeinated coffee buyer with sustainability commitments that overlap with Swiss Water's clean-label value proposition.
• Lavazza: Global Italian coffee company with significant decaffeinated coffee production and a broad portfolio across retail, foodservice, and private label. Comparable because Lavazza is a large buyer of decaf green coffee and operates chemical-free processing for premium lines, competing for specialty roaster shelf space.

Direct peers

• Coffee Holding Company: US-based integrated coffee roaster, dealer, and exporter offering specialty, gourmet, and private-label coffee including decaf. Comparable as a US specialty-focused coffee business likely to be both a customer of Swiss Water and a competitor for premium decaf shelf space.
• Mother Parkers Tea & Coffee: Canadian coffee and tea company headquartered in Mississauga with similar B2B relationships to roasters and foodservice. Comparable as a likely Swiss Water customer and competitor in the North American specialty coffee market, sharing a similar Canadian base and customer profile.
• CR3 Coffee / Crystals International: Independent Brazilian decaffeination service provider operating chemical-free CO2-based processes. Comparable as the most direct competitor to Swiss Water, offering alternative chemical-free decaf capacity to roasters globally and competing for the same premium customer segment.

Others

• Café de Coral: Large Hong Kong-based foodservice operator with growing specialty coffee exposure. Comparable as a downstream customer/partner that consumes decaffeinated coffee and signals opportunities for branded decaf expansion into Asian foodservice channels.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/swiss-water-decaffeinated-coffee-company

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries2 records

Funding overview

Funding rounds5 records

Investors9 records

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 Swiss Water