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

Dover has entered right into a definitive settlement to acquire Malema Engineering Corp, a US designer and producer of high-precision, mission-critical flow-measurement and management devices for the biopharmaceutical, semiconductor and industrial sectors.
Image: dizain/Adobe Stock.
เกจวัดแรงดันแก๊สอาร์กอน will broaden Dover’s biopharma single-use manufacturing 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 during the full 12 months 2022.
When the deal closes, Malema will turn out to be a half of the PSG business unit within Dover’s Pumps & Process Solutions segment.
“We see a tremendous long-term progress alternative within the bioprocessing trade pushed by a robust 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, the growing adoption of more efficient single-use manufacturing processes helps a robust outlook for our offerings of single-use elements to end-customers. We believe that pairing Malema’s technology with our existing portfolio of single-use pumps for biopharma processing will significantly improve the accuracy and value proposition of our options to our prospects.”
“We are methodically building out our biopharma platform by way of proactive capacity additions, new product improvement, 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 expertise and further strengthens our sensor portfolio with new proprietary know-how. In addition to attractive biopharma applications, we count on strong development in the semiconductor house on the capability growth and re-shoring tailwinds.”
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