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

Dover has entered into a definitive settlement to acquire Malema Engineering Corp, a US designer and producer of high-precision, mission-critical flow-measurement and management instruments for the biopharmaceutical, semiconductor and industrial sectors.
Image: dizain/Adobe Stock.
ชนิดของpressuregauge will expand 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 revenue through the full 12 months 2022.
When the deal closes, Malema will become a half of the PSG enterprise unit inside Dover’s Pumps & Process Solutions section.
“We see an incredible long-term progress alternative within the bioprocessing business pushed by a strong and growing pipeline of efficient novel biologic drugs, 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 environment friendly single-use manufacturing processes helps a sturdy outlook for our offerings of single-use parts to end-customers. We consider that pairing Malema’s technology with our existing portfolio of single-use pumps for biopharma processing will significantly enhance the accuracy and value proposition of our solutions to our clients.”
“We are methodically constructing out our biopharma platform by way of proactive capability additions, new product development, and opportunistic acquisitions of highly-attractive niche part technologies,” stated 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 addition to attractive biopharma functions, we count on sturdy progress in the semiconductor space on the capacity enlargement and re-shoring tailwinds.”
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