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

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.
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Malema’s merchandise will broaden Dover’s biopharma single-use production providing, which already consists of Quattroflow pumps, CPC connectors, and em-tec flowmeters.
Based in ไดอะแฟรม ซีล , 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 yr 2022.
When the deal closes, Malema will turn into a half of the PSG business unit inside Dover’s Pumps & Process Solutions section.
“We see a tremendous long-term progress opportunity in the bioprocessing industry pushed by a strong and growing pipeline of efficient novel biologic drugs, biosimilars, protein therapies, non-COVID mRNA vaccines, as properly as budding cell & gene therapies,” says PSG’s president Karl Buscher. “Additionally, เพรสเชอร์เกจ growing adoption of more efficient single-use manufacturing processes helps a sturdy outlook for our offerings of single-use elements to end-customers. digital pressure gauge consider that pairing Malema’s know-how with our present portfolio of single-use pumps for biopharma processing will significantly improve the accuracy and value proposition of our solutions to our clients.”

“We are methodically constructing out our biopharma platform via proactive capacity additions, new product development, and opportunistic acquisitions of highly-attractive niche part applied sciences,” mentioned 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 technology. In addition to engaging biopharma functions, we expect strong progress in the semiconductor space on the capacity enlargement and re-shoring tailwinds.”

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