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

Dover has entered right into a definitive agreement to acquire 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 products will broaden Dover’s biopharma single-use manufacturing providing, which already includes 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 approximately US$40 million–45 million in revenue in the course of the full yr 2022.
When the deal closes, Malema will become part of the PSG business unit within Dover’s Pumps & Process Solutions section.
“We see a tremendous long-term growth alternative in the bioprocessing industry pushed by a robust and growing pipeline of efficient novel biologic medication, biosimilars, protein therapies, non-COVID mRNA vaccines, in addition to budding cell & gene therapies,” says PSG’s president Karl Buscher. “Additionally, the growing adoption of more environment friendly single-use manufacturing processes supports a robust outlook for our choices of single-use parts to end-customers. We believe that pairing Malema’s expertise with our existing portfolio of single-use pumps for biopharma processing will tremendously improve the accuracy and value proposition of our solutions to our prospects.”
เกจวัดแรงดันไฟฟ้า are methodically building out our biopharma platform by way of proactive capability additions, new product development, and opportunistic acquisitions of highly-attractive niche component technologies,” mentioned Richard Tobin, president and CEO of Dover. “Malema represents a strategic and highly-complementary flow-control and sensing know-how and additional strengthens our sensor portfolio with new proprietary expertise. In addition to enticing biopharma functions, we count on robust progress within the semiconductor area on the capacity expansion and re-shoring tailwinds.”
Share

Scroll to Top