LEO PUMP
LEO PUMP (LEO Group, A-share 002131) is a Hangzhou-headquartered manufacturer of pumps and smart fluid systems serving residential, commercial, industrial, agricultural, and municipal customers across 160+ countries, producing about six million pumps yearly with USD 642M in FY2024 revenue.
- Company typePublic
- Founded1995
- HeadquartersHangzhou, China
- Headcount5,001–10,000
- GTM typeB2B and B2C
- OfferingHardware or Manufacturing
What LEO PUMP does
LEO PUMP (legal name LEO GROUP PUMP (ZHEJIANG) CO., LTD.) is a Hangzhou-headquartered manufacturer of pumps, fluid systems, and integrated machinery for domestic, commercial, industrial, agricultural, municipal, and solar pumping applications. Founded in 1995 and listed on the Shenzhen A-share market in 2007 under LEO Group (Stock Code: 002131), it operates five global production bases (China, Indonesia, and a Saudi Arabia JV), employs roughly 6,000 people, and produces approximately six million pumps per year for customers in 160+ countries via 15,000+ sales outlets.
The company's product portfolio spans solar borehole pumps, BWS intelligent pressure booster systems, LVR/LVR(S) vertical multistage pumps (using a proprietary Helix hydraulic design), WQ fourth-generation submersible sewage pumps, ZLB axial flow pumps, glandless circulators, and the new PM5/IE5 permanent magnet motor family, including a Smart Permanent Magnet Shielded Pump for zero-carbon HVAC. Three CNAS-certified testing centers in Wenling, Dalian, and Xiangtan provide the qualification backbone, and LEO layers a Smart Water Management digital platform (IoT monitoring, unmanned operation, energy optimization) on top of its installed hardware base.
Revenue is generated primarily through one-time hardware sales of pumps and integrated systems, supplemented by professional services (selection support, installation, after-sales, and customized system integration); pricing is quote-based rather than list-published. Distribution combines direct enterprise sales (regional headquarters in Dubai, subsidiaries in Brazil and Sharjah), an exclusive global distributor network with recurring summits, flagship showrooms, a Saudi manufacturing JV with NMI/Al Mousa Group, and trade-show engagement at Canton Fair, IFAT Munich, Big 5 Global Dubai, MCE Milan, and regional events. FY2024 revenue reached USD 642 million (+19% YoY), with international markets contributing USD 336 million (+26% YoY).
LEO PUMP firmographics
Firmographics- Name
- LEO PUMP
- Legal name
- LEO GROUP PUMP(ZHEJIANG) CO,. LTD.
- Website
- https://leopump.com
- Company type
- Public
- Founded year
- 1995
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- LEO PUMP (LEO Group, A-share 002131) is a Hangzhou-headquartered manufacturer of pumps and smart fluid systems serving residential, commercial, industrial, agricultural, and municipal customers across 160+ countries, producing about six million pumps yearly with USD 642M in FY2024 revenue.
- Ownership category
- akta.pro rank
Where LEO PUMP is headquartered
LocationHeadquarters
- HQ city
- Hangzhou
- HQ country
- China
- HQ region
- Asia
Offices7 records
Markets served
LEO PUMP business model
Business model- GTM type
- B2B and B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Pump and System Sales: One-time hardware sales of pumps, systems, and machinery including domestic, commercial, industrial, garden, and solar pumping solutions. Revenue generated from product sales with associated installation and technical support services.
- Professional Services: Technical support, selection assistance, after-sales service, and customized system integration for pump solutions across various applications.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Multi-year contract | Custom Industrial Solutions |
Go-to-market motion3 records
Distribution channels6 records
Marketing channels8 records
LEO PUMP product offering
Product offeringCore offering
LEO PUMP designs, manufactures, and sells a comprehensive range of pumps, motors, and integrated fluid systems for residential, commercial, industrial, agricultural, solar, and municipal applications. Its portfolio spans home water booster pumps, submersible sewage pumps, vertical multistage pumps, axial flow pumps, irrigation pumps, solar-powered pumping solutions, and prefabricated pump stations, supported by intelligent monitoring and IoT-enabled control systems. The company operates five global production bases and serves customers in over 160 countries through direct sales, exclusive distributors, brand centers, and joint ventures.
Product overview
LEO PUMP is a global-leading partner for smart fluid solutions, offering a comprehensive portfolio of pumps, systems, and intelligent solutions. Founded in 1995, the company operates 5 production bases and serves customers in over 160 countries and regions. The product portfolio centers on solar pumping solutions for agricultural and remote water supply applications; BWS Intelligent Pressure Booster Systems for building water supply; WQ Series Submersible Sewage Pumps and ZLB Vertical Axial Flow Pumps for municipal and industrial applications; permanent magnet motor technology including IE5/PM5 Ultra-Premium Efficiency Motors and Smart Permanent Magnet Shielded Pumps for zero-carbon buildings; High-Speed Submersible Pumps and MRC Series Permanent Magnet Home Booster Pumps for residential use; and the LVR/LVR(S) Vertical Multistage Pump series for water treatment, firefighting, and industrial systems. These products integrate with LEO's Smart Water Management digital platform providing intelligent monitoring, unmanned operation, and energy optimization. The company also offers Smart Water Treatment Systems for rainwater collection, sewage treatment and reuse. LEO serves diverse segments including domestic, commercial, garden, industrial, and solar pumping applications worldwide.
Differentiator
Problem solved
Functional benefit
Products and services
- Solar Pumping Solution
Quantifiable outcome
- 20-50% efficiency improvement with Helix hydraulic design in LVR pumps
- +5 more outcomes
Companies that use LEO PUMP
Customer profileNamed customers13 records
Segments9 records
Ideal customer profiles4 records
LEO PUMP technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature9 records
LEO PUMP partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered emerging, flagship and core.
- Ministry of Investment, Industry and Trade of UzbekistanemergingHigh-level strategic dialogue between LEO Group and Uzbekistan government focused on water infrastructure modernization, agricultural irrigation improvement, and potential public-private partnership (PPP) models for pump station projects. Aligns with Uzbekistan-2030 strategy priorities.
- NMI (National Mechanical Industries)flagshipLEO GROUP PUMP and NMI (industrial subsidiary of Al Mousa Group) signed a joint venture agreement to establish one of Saudi Arabia's first systemized pump manufacturing bases in Riyadh. LEO contributes production lines, core manufacturing equipment, advanced pump technologies, and quality management systems. NMI provides market development, procurement, operations, and purpose-built 10,000 sqm manufacturing facility. The partnership supports Saudi Vision 2030 industrial development objectives.
- Al Mousa GroupflagshipParent company of NMI (National Mechanical Industries), encompassing multiple companies specialized in trade, industry, contracting, energy, and water solutions. Successor to National Water Works Company (NWWC) with over 60 years of industry experience in Saudi Arabia's water technology sector.
- Kazakhstan GovernmentemergingMeeting between Leo Group Chairman LEO Wang and Kazakhstan Deputy Prime Minister & Foreign Minister Murat Nurtleu to discuss investment cooperation. Kazakhstan identified as crucial gateway to Central Asia and first stop on Silk Road. LEO expressed interest in localizing business in Kazakhstan to serve Central Asian market.
- Saudi Ministry of InvestmentcoreLEO signed Strategic Cooperation Memorandum of Understanding with the Ministry of Investment of Saudi Arabia in 2023, laying foundation for deeper localization strategy including cooperation across pumps, heat pumps, energy storage, and solar pumping solutions.
- ADNOC (Abu Dhabi National Oil Company)coreLEO Middle East successfully designed, fabricated, and installed chilled water pumping system for ADNOC Dalma Gas Development Project in Abu Dhabi. Also provided tailored integrated pumping solution for ADNOC Community Hub with water supply systems.
- LONGi Green EnergycoreLEO provided industrial wastewater treatment and reclaimed water reuse system for Xi'an LONGi photovoltaic project with 162 LVR(S) vertical multi-stage pumps enabling lower-carbon wastewater treatment for leading photovoltaic enterprise.
- Hunan LongzhicoreLEO won bid for Hunan Longzhi's 50,000-ton high-performance electrolytic copper foil project providing complete set of system projects for pure water and wastewater treatment with 108 LVR(S) vertical multi-stage pumps.
- Thailand National Water Resources OfficeemergingLEO collaborated with Thailand National Water Resources Office on technical exchanges related to water management and infrastructure development in 2025.
- TÜV Rheinland, TÜV SÜD, DEKRA, SGS, UL, CSAcoreLEO's Zhejiang Wenling testing center operates as recognized witness laboratory for major international certification bodies including TÜV Rheinland, TÜV SÜD, DEKRA, SGS, UL, and CSA, ensuring products meet international safety and quality standards.
Scale indicators14 records
Recent moves8 records
Expansion highlights6 records
LEO PUMP competitors and assessment
Company assessmentBroad incumbents
- Sulzer: Swiss industrial pump and rotating equipment manufacturer serving chemical, oil & gas, power, and water markets. Overlaps with LEO's petrochemical/industrial pump business (ADNOC, Hunan Longzhi, power plant references) but is more specialized in heavy-duty industrial applications.
- Xylem: US-listed global water technology company with leading positions in water utilities, dewatering, and smart metering. Competes with LEO in municipal water supply (Qu County, Chongqing Fengjie projects) and smart water management platforms, but with a much broader portfolio beyond pumps.
- Flowserve: US-listed global provider of flow control products including pumps, valves, and seals for oil & gas, power, and chemical markets. Overlaps with LEO's petrochemical (ADNOC), power plant (2x1000MW clean coal), and industrial pump business, though focused on heavier-duty engineered solutions.
- Pentair: US-listed water solutions company with strong presence in residential pool, flow, and water treatment pumps. Competitor in home water booster pumps and garden/irrigation segments, though Pentair's portfolio extends well beyond pumping into broader water treatment.
Direct peers
- Grundfos: Danish-founded global pump manufacturer and the global market leader in circulator, booster, and industrial pumps. Direct competitor across residential, commercial, and industrial segments with a particularly strong European service network - the principal incumbent LEO is challenging in international markets.
- KSB: German global pump and valve manufacturer with a broad industrial, municipal, and power-plant portfolio. Direct peer in centrifugal, submersible, and axial flow pumps - particularly relevant to LEO's WQ, ZLB, and LVR industrial product families.
- Wilo: German pump manufacturer specializing in building services, water management, and HVAC circulator pumps - a direct overlap with LEO's home booster, BWS, and glandless circulator product lines. Wilo is one of the strongest premium brands in commercial/building water supply globally.
- Tsurumi Manufacturing: Japanese manufacturer specializing in submersible pumps for construction, mining, and wastewater - directly comparable to LEO's WQ Series submersible sewage pumps and ZLB axial flow product lines. Both share a similar customer base in municipal water and flood management.
- Ebara Corporation: Japanese pump manufacturer with global footprint spanning industrial, building services, and semiconductor-related fluid equipment. Closest Asian comparable peer to LEO with overlapping product breadth in centrifugal, submersible, and HVAC pumps.
- Franklin Electric: US-based manufacturer of water and fueling systems, including submersible pumps, motors, and pump systems. Direct competitor in motor-integrated pumping and irrigation/agriculture applications - particularly relevant to LEO's solar pumping and high-efficiency submersible products.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
LEO PUMP social profiles
Digital presenceLEO PUMP financial estimates
Financial estimateRevenue estimate
Valuation estimate
LEO PUMP leadership team
Management profileNumber of profiles
Profiles1 record
LEO PUMP subsidiaries and ownership
Company hierarchySubsidiaries5 records
LEO PUMP funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
LEO PUMP M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about LEO PUMP
What does LEO PUMP do?
LEO PUMP designs, manufactures, and sells a comprehensive range of pumps, motors, and integrated fluid systems for residential, commercial, industrial, agricultural, solar, and municipal applications. Its portfolio spans home water booster pumps, submersible sewage pumps, vertical multistage pumps, axial flow pumps, irrigation pumps, solar-powered pumping solutions, and prefabricated pump stations, supported by intelligent monitoring and IoT-enabled control systems. The company operates five global production bases and serves customers in over 160 countries through direct sales, exclusive distributors, brand centers, and joint ventures.
Is LEO PUMP a public or private company?
LEO PUMP is a public company. It is classified as public and is currently operating.
When was LEO PUMP founded?
LEO PUMP was founded in 1995. It employs 5,001 to 10,000 people.
Where is LEO PUMP based?
LEO PUMP is headquartered in Hangzhou, China, in the Asia region.
How does LEO PUMP make money?
Two revenue lines are on record. Pump and System Sales are the primary driver. The others are professional Services.
Who are LEO PUMP's main competitors?
Broad incumbents on record are Sulzer, Xylem, Flowserve and Pentair. Direct peers are Grundfos, KSB, Wilo, Tsurumi Manufacturing, Ebara Corporation and Franklin Electric.
Does LEO PUMP have an API?
No public API is recorded for LEO PUMP.