Dover has entered right into a definitive agreement to accumulate 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.
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เกจแรงดันลม will broaden Dover’s biopharma single-use manufacturing offering, which already includes Quattroflow pumps, CPC connectors, and em-tec flowmeters.
Based in Boca Raton, Florida, and with services 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 year 2022.
When the deal closes, Malema will become a half of the PSG business unit within Dover’s Pumps & Process Solutions section.
“We see an amazing long-term progress alternative within the bioprocessing business pushed by a powerful and rising pipeline of efficient novel biologic medicine, 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 production processes helps a robust outlook for our choices of single-use components to end-customers. We consider that pairing Malema’s expertise with our existing portfolio of single-use pumps for biopharma processing will significantly enhance the accuracy and worth proposition of our solutions to our prospects.”
“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 technologies,” 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 expertise. In addition to engaging biopharma purposes, we expect strong growth within the semiconductor house on the capability expansion and re-shoring tailwinds.”
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