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

Dover has entered right into a definitive agreement to amass 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.
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Malema’s products 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 revenue during the full 12 months 2022.
When the deal closes, Malema will turn out to be part of the PSG business unit within Dover’s Pumps & Process Solutions section.
“We see an incredible long-term growth opportunity within the bioprocessing industry pushed by a robust and growing pipeline of effective 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 extra environment friendly single-use production processes helps a strong outlook for our choices 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 tremendously improve the accuracy and worth proposition of our options to our clients.”
pressure gauge weksler ราคา are methodically constructing out our biopharma platform through 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 technology and further strengthens our sensor portfolio with new proprietary expertise. In addition to attractive biopharma applications, we expect sturdy growth in the semiconductor area on the capacity expansion and re-shoring tailwinds.”
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