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

Dover has entered into a definitive agreement to accumulate Malema Engineering Corp, a US designer and producer of high-precision, mission-critical flow-measurement and control devices for the biopharmaceutical, semiconductor and industrial sectors.
Image: dizain/Adobe Stock.
Malema’s merchandise will increase 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 facilities 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 12 months 2022.
When the deal closes, Malema will become part of the PSG enterprise unit inside Dover’s Pumps & Process Solutions phase.
“We see a tremendous long-term progress opportunity in the bioprocessing trade driven by a strong and growing pipeline of efficient novel biologic medication, biosimilars, protein therapies, non-COVID mRNA vaccines, as nicely as budding cell & gene therapies,” says PSG’s president Karl Buscher. “Additionally, เกจวัดแรงดันpsi growing adoption of more efficient single-use manufacturing processes helps a strong outlook for our choices of single-use components to end-customers. We believe that pairing Malema’s know-how with our existing portfolio of single-use pumps for biopharma processing will tremendously enhance the accuracy and worth proposition of our solutions to our clients.”
“We are methodically constructing out our biopharma platform by way of proactive capability additions, new product improvement, and opportunistic acquisitions of highly-attractive area of interest element applied sciences,” mentioned Richard Tobin, president and CEO of Dover. “Malema represents a strategic and highly-complementary flow-control and sensing know-how and further strengthens our sensor portfolio with new proprietary expertise. In เกจวัดความดันแก๊ส to engaging biopharma functions, we expect strong progress within the semiconductor space on the capability enlargement and re-shoring tailwinds.”
Share

Leave a Comment