LEAX Group
LEAX Group is a Swedish CNC machining company founded in 1982 that manufactures propeller shafts, gear reducers, and precision components for commercial vehicle, passenger car, mining, agriculture, and general industry OEMs across facilities in Sweden, Latvia, Germany, Hungary, and Brazil.
- Company typePublic
- Founded1982
- HeadquartersKöping, Sweden
- Headcount501–1,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What LEAX Group does
LEAX Group AB is a Swedish CNC machining company founded in 1982 in Köping, Sweden, and listed on Nasdaq Stockholm under the ticker LEAX. The company designs, develops, and industrializes precision-machined components and driveline subsystems for global mobility customers, operating approximately 900 employees (per FY2025 annual report) across manufacturing facilities in Sweden (Falköping, Tidaholm, Köping, Arvika, Falun), Latvia (Riga, Rezekne), Germany (Detmold), Hungary (Mezőkövesd), and Brazil (Araucária, Curitiba area). LEAX serves five primary end-markets: heavy commercial vehicles, passenger cars, mining and construction, agriculture, and general industry.
The company's core product portfolio centers on propeller shafts (LP, LCP, and LIP series with torque ratings from 17 kNm to 35 kNm), industrial gear reducers, and precision components branded as Silent Gears™, optimized for NVH performance in electrified and traditional powertrains. Manufacturing capabilities span over 500 CNC machines, in-house heat treatment (induction hardening, case hardening, and proprietary Low-Pressure Carburizing processing approximately 300,000 parts per year), precision assembly (delivering 100,000+ propeller shafts per year with reported 100% delivery precision over eight years), surface treatment, and measurement and testing services. LEAX's proprietary LEAX Industrial System (LIS) and LEAX Production System (LPS) standardize quality and lean manufacturing across global sites, supporting volume flexibility from 2 to 1,000,000+ units annually. The company holds IATF 16949, ISO 9001, ISO 14001, and (at select sites) ISO 50001 certifications, with Science-Based Targets approved by SBTi in May 2025.
LEAX generates revenue primarily through long-term B2B contracts with enterprise OEM customers, with components recognized over time under multi-year supply agreements. Pricing is negotiated per contract on a quote basis, with typical delivery cadence via just-in-sequence supply to OEM production lines; the company does not publish public pricing. Named anchor customers include Scania CV, MAN, and Meritor in heavy commercial vehicles; Volvo Cars, Polestar, Bosch, and EV Hofer in passenger cars; Epiroc and Sandvik in mining and construction; CLAAS and Väderstad in agriculture; and SKF, Seco Tools, Sandvik Tooling, and Alvenius Industrier in general industry. FY2025 net sales totaled SEK 1,840.8 million, down from SEK 2.18 billion in the prior comparable period, with management attributing the decline to weak conditions in heavy commercial vehicles; operating profit turned positive at SEK 4.2 million (versus a SEK 45.2 million loss in FY2024) on the back of the Action 100 efficiency program.
LEAX Group firmographics
Firmographics- Name
- LEAX Group
- Legal name
- LEAX Group AB
- Website
- https://leax.com
- Company type
- Public
- Founded year
- 1982
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- LEAX Group is a Swedish CNC machining company founded in 1982 that manufactures propeller shafts, gear reducers, and precision components for commercial vehicle, passenger car, mining, agriculture, and general industry OEMs across facilities in Sweden, Latvia, Germany, Hungary, and Brazil.
- Ownership category
- akta.pro rank
LEAX Group industry classification
Industry- Product category
- Precision-machined automotive driveline components
- NAICS
- Mechanical Power Transmission Equipment Manufacturing (333613), Speed Changer, Industrial High-Speed Drive, and Gear Manufacturing (333612)
- SIC
- Special Industry Machinery, Nec (3559), Machine Tools, Metal Cutting Types (3541)
- akta.pro primary industry
- Linear Motion & Mechanical Power Transmission (Ball/roller screws, linear guides, bearings, couplings) (IMAHAGAM)
Keywords
Where LEAX Group is headquartered
LocationHeadquarters
- HQ city
- Köping
- HQ country
- Sweden
- HQ region
- Europe
Offices9 records
Markets served
LEAX Group business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Component and subsystem manufacturing: LEAX generates revenue primarily through long-term contracts to manufacture precision-machined components (gears, shafts, housings) and sub-systems (propeller shafts, gear reducers, axle assemblies) for OEM customers in commercial vehicles, passenger cars, mining, construction, and agriculture. Revenue is recognized over time as components are delivered, typically under multi-year supply agreements with large industrial buyers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | B2B contract manufacturing – pricing negotiated per contract |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
LEAX Group product offering
Product offeringCore offering
LEAX Group is a Swedish CNC machining company that designs, develops, and industrializes precision-machined components and driveline sub-systems for global OEMs. Core offerings include propeller shafts (LP, LCP, LIP series), industrial gear reducers and decanter gearboxes, and precision components including Silent Gears™. Operations span 500+ CNC machines, in-house heat treatment, assembly, surface treatment, and measurement/testing across manufacturing facilities in Sweden, Latvia, Germany, Hungary, and Brazil.
Product overview
LEAX Group is a Swedish CNC machining company offering a comprehensive portfolio of precision-engineered components and manufacturing services. The core product lines include Propeller Shafts (LP, LCP, LIP series), Gear Reducers (industrial and decanter gearboxes), and Precision Components (Silent Gears™). These are supported by a full suite of manufacturing processes: CNC machining (500+ machines), heat treatment (induction/case/LPC hardening, nitriding), assembly, surface treatment/painting, measurement/testing, and inline automated processes. The company serves Heavy Commercial Vehicles, Passenger Cars, General Industry, Agriculture, and Mining & Construction sectors across facilities in Sweden, Latvia, Germany, Hungary, and Brazil.
Differentiator
Problem solved
Functional benefit
Brands
- LIP (LEAX Interaxle Propeller Shaft): LEAX Interaxle Propeller Shaft with length compensation - a product line of propeller shafts for commercial vehicles
- LP (LEAX Propeller Shaft)
- LCP (LEAX Coupling Propeller Shaft)
- Silent Gears
- LIS (LEAX Industrial System)
- LPS (LEAX Production System)
Products and services
- Propeller Shafts (LP, LCP, LIP series) Propeller shafts for commercial vehicles with torque ratings from 17 kNm to 35 kNm. Series include LP (with length compensation), LCP (coupling propeller shaft without length compensation), and LIP (interaxle propeller shaft with length compensation). Features automated welding and G16 balancing. Sold to commercial vehicle OEMs.
- Industrial Gear Reducers
Quantifiable outcome
- 100% delivery precision (right order, right time) over 8 consecutive years for propeller shafts to Scania's European and Brazilian plants
- +3 more outcomes
Companies that use LEAX Group
Customer profileNamed customers15 records
Segments5 records
Ideal customer profiles5 records
LEAX Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration7 records
Feature4 records
LEAX Group partnerships and signals
Strategic signalScale indicators12 records
Recent moves8 records
Expansion highlights4 records
LEAX Group competitors and assessment
Company assessmentDirect peers
- American Axle & Manufacturing: Global Tier-1 supplier of driveline, propeller shaft, and axle assemblies for light vehicles, commercial trucks, and off-highway. Directly comparable to LEAX in propeller shaft manufacturing for HCV OEMs (Scania, MAN-type customers) and precision-machined driveline components.
- Dana Incorporated: Supplier of driveline (propeller shafts, driveshafts, gears) and sealing/thermal-management solutions to commercial vehicle and passenger car OEMs worldwide. Comparable in product portfolio, customer overlap (commercial truck OEMs), and global manufacturing footprint.
- Linamar Corporation: Canadian precision-machining and powertrain components manufacturer serving automotive, commercial vehicle, and industrial markets. Highly comparable in business model (contract precision machining of gears, shafts, housings) and customer segment mix.
- Neapco Holdings: US-based Tier-1 designer and manufacturer of driveline solutions (propeller shafts, half-shafts, PTUs) for automotive, commercial vehicle, and off-highway markets. Comparable mid-sized precision driveline supplier with similar customer base and product scope.
- Hirschvogel Holding: German family-owned manufacturer of precision forged and machined steel components, specializing in gears and drivetrain parts for automotive and industrial applications. Closely comparable to LEAX in proprietary precision gear manufacturing and European commercial vehicle customer base.
- Bharat Forge: India's largest manufacturer of forged and precision-machined components serving automotive, commercial vehicle, industrial, and aerospace markets. Comparable in large-scale precision machining of driveline components and global multi-site manufacturing strategy.
- IFA Group: German mid-cap supplier of precision-machined driveline and chassis components (propeller shafts, differential housings, steering components) to European commercial vehicle and passenger car OEMs. Most similar in scale, ownership profile, and product/customer mix to LEAX.
Broad incumbents
- Magna Powertrain (Magna International): Massive Tier-1 supplier with a Powertrain division producing driveline systems, propeller shafts, and precision-machined components for global OEMs. Overlaps with LEAX on commercial vehicle driveline but at significantly greater scale and broader product scope.
- GKN Automotive (Dowlais Group): World leader in automotive driveline systems (constant-velocity joints, sideshafts, propeller shafts) and all-wheel-drive technology. Strong overlap with LEAX's propeller shaft and driveline product lines, particularly for commercial vehicle and passenger car OEMs.
Emerging players
- Kalyani Forge: India-based manufacturer of precision forged and machined components for automotive and industrial markets. Emerging player with growing global footprint that competes with LEAX on cost-optimized precision components for driveline applications.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
LEAX Group social profiles
Digital presenceLEAX Group compliance and trust
Trust signalCompliance5 records
LEAX Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
LEAX Group leadership team
Management profileNumber of profiles
Profiles3 records
LEAX Group subsidiaries and ownership
Company hierarchySubsidiaries13 records
LEAX Group funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
LEAX Group M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about LEAX Group
What does LEAX Group do?
LEAX Group is a Swedish CNC machining company that designs, develops, and industrializes precision-machined components and driveline sub-systems for global OEMs. Core offerings include propeller shafts (LP, LCP, LIP series), industrial gear reducers and decanter gearboxes, and precision components including Silent Gears™. Operations span 500+ CNC machines, in-house heat treatment, assembly, surface treatment, and measurement/testing across manufacturing facilities in Sweden, Latvia, Germany, Hungary, and Brazil.
Is LEAX Group a public or private company?
LEAX Group is a public company. It is classified as public and is currently operating.
When was LEAX Group founded?
LEAX Group was founded in 1982. It employs 501 to 1,000 people.
Where is LEAX Group based?
LEAX Group is headquartered in Köping, Sweden, in the Europe region.
How does LEAX Group make money?
One revenue line is on record: component and subsystem manufacturing.
Who are LEAX Group's main competitors?
Direct peers on record are American Axle & Manufacturing, Dana Incorporated, Linamar Corporation, Neapco Holdings, Hirschvogel Holding, Bharat Forge and IFA Group. Broad incumbents are Magna Powertrain (Magna International) and GKN Automotive (Dowlais Group). Kalyani Forge is listed as an emerging player.
Does LEAX Group have an API?
No public API is recorded for LEAX Group.
What industry is LEAX Group in?
LEAX Group's product category is Precision-machined automotive driveline components. Its primary akta.pro industry code is IMAHAGAM, Linear Motion & Mechanical Power Transmission (Ball/roller screws, linear guides, bearings, couplings). Its NAICS code is 333613 and its SIC code is 3559.