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

Dover has entered right into a definitive agreement 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.
Malema’s products will broaden Dover’s biopharma single-use production providing, which already contains Quattroflow pumps, CPC connectors, and em-tec flowmeters.
Based in เกจวัดแรงดันราคา , Florida, and with facilities in San Jose, California, Singapore, South Korea and India, Malema expects to generate roughly US$40 million–45 million in revenue during the full yr 2022.
When the deal closes, Malema will turn into part of the PSG business unit inside Dover’s Pumps & Process Solutions segment.
“We see an incredible long-term progress opportunity in the bioprocessing business driven by a robust and growing 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, เกจวัดแรงดันน้ำประปา rising adoption of extra environment friendly single-use manufacturing processes supports a robust outlook for our offerings of single-use elements to end-customers. We consider that pairing Malema’s technology with our present portfolio of single-use pumps for biopharma processing will greatly enhance the accuracy and worth proposition of our options to our clients.”
“We are methodically building out our biopharma platform through proactive capacity additions, new product improvement, and opportunistic acquisitions of highly-attractive niche element applied sciences,” 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 know-how. In addition to enticing biopharma functions, we expect sturdy progress within the semiconductor area on the capacity enlargement and re-shoring tailwinds.”
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