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

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 management instruments for the biopharmaceutical, semiconductor and industrial sectors.
Image: dizain/Adobe Stock.
Malema’s merchandise will broaden Dover’s biopharma single-use production providing, 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 through the full yr 2022.
When the deal closes, Malema will turn out to be a half of the PSG enterprise unit within Dover’s Pumps & Process Solutions segment.
“We see an incredible long-term development alternative in the bioprocessing trade pushed by a powerful and rising pipeline of efficient novel biologic drugs, biosimilars, protein therapies, non-COVID mRNA vaccines, as well as 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 elements to end-customers. We believe that pairing Malema’s know-how with our existing portfolio of single-use pumps for biopharma processing will significantly enhance the accuracy and worth proposition of our options to our prospects.”
“We are methodically constructing out our biopharma platform via proactive capability additions, new product improvement, and opportunistic acquisitions of highly-attractive area of interest element technologies,” mentioned 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 technology. In หลักการทำงานของเกจ์วัดแก๊ส to engaging biopharma applications, we count on sturdy development within the semiconductor area on the capability expansion and re-shoring tailwinds.”
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