Acquisition will add to Dover’s single-use component providing

Dover has entered into a definitive agreement to amass Malema Engineering Corp, a US designer and manufacturer of high-precision, mission-critical flow-measurement and control instruments for the biopharmaceutical, semiconductor and industrial sectors.
Image: dizain/Adobe Stock.
Malema’s merchandise will expand Dover’s biopharma single-use manufacturing offering, which already contains Quattroflow pumps, CPC connectors, and em-tec flowmeters.
Based in Boca Raton, Florida, and with facilities in San Jose, California, Singapore, South Korea and India, Malema expects to generate approximately US$40 million–45 million in income during the full 12 months 2022.
When the deal closes, Malema will turn out to be a half of the PSG enterprise unit inside Dover’s Pumps & Process Solutions segment.
“We see an amazing long-term development alternative in the bioprocessing trade driven by a strong and rising pipeline of efficient novel biologic drugs, biosimilars, protein therapies, non-COVID mRNA vaccines, in addition to budding cell & gene therapies,” says PSG’s president Karl Buscher. “Additionally, the rising adoption of more efficient single-use manufacturing processes supports a sturdy outlook for our choices of single-use elements to end-customers. We imagine that pairing Malema’s technology with our present portfolio of single-use pumps for biopharma processing will greatly improve the accuracy and value proposition of our options to our prospects.”

“ เกจวัดแรงดัน are methodically building out our biopharma platform through proactive capability additions, new product growth, and opportunistic acquisitions of highly-attractive area of interest component technologies,” stated Richard Tobin, president and CEO of Dover. “Malema represents a strategic and highly-complementary flow-control and sensing technology and further strengthens our sensor portfolio with new proprietary know-how. In addition to attractive biopharma purposes, we anticipate strong progress in the semiconductor area on the capacity enlargement and re-shoring tailwinds.”

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