Acquisition will add to Dover’s single-use element offering

Dover has entered into a definitive agreement to acquire Malema Engineering Corp, a US designer and manufacturer of high-precision, mission-critical flow-measurement and management instruments for the biopharmaceutical, semiconductor and industrial sectors.
Image: dizain/Adobe Stock.
Malema’s products will increase 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 amenities in San Jose, California, Singapore, South Korea and India, Malema expects to generate roughly US$40 million–45 million in income in the course of the full yr 2022.
When the deal closes, Malema will turn out to be part of the PSG business unit within Dover’s Pumps & Process Solutions section.
“We see an incredible long-term development alternative within the bioprocessing industry driven by a robust and growing pipeline of effective novel biologic medication, biosimilars, protein therapies, non-COVID mRNA vaccines, as nicely as budding cell & gene therapies,” says PSG’s president Karl Buscher. “Additionally, the growing adoption of extra efficient single-use manufacturing processes supports a robust outlook for our choices of single-use parts to end-customers. ไดอะแฟรม ซีล consider that pairing Malema’s expertise with our present portfolio of single-use pumps for biopharma processing will significantly enhance the accuracy and worth proposition of our solutions to our clients.”

“We are methodically constructing out our biopharma platform through proactive capacity additions, new product development, and opportunistic acquisitions of highly-attractive area of interest element applied sciences,” stated Richard Tobin, president and CEO of Dover. “Malema represents a strategic and highly-complementary flow-control and sensing technology and additional strengthens our sensor portfolio with new proprietary technology. In เกจวัดแรงดัน to enticing biopharma applications, we anticipate sturdy growth within the semiconductor space on the capacity growth and re-shoring tailwinds.”

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