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

Dover has entered right into a definitive settlement to amass Malema Engineering Corp, a US designer and manufacturer of high-precision, mission-critical flow-measurement and control devices for the biopharmaceutical, semiconductor and industrial sectors.
Image: dizain/Adobe Stock.
Malema’s products will increase Dover’s biopharma single-use manufacturing offering, which already includes 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 approximately US$40 million–45 million in revenue during the full year 2022.
When เกจวัดแรงดัน1บาร์ closes, Malema will become part of the PSG enterprise unit inside Dover’s Pumps & Process Solutions section.
“We see an amazing long-term development opportunity in the bioprocessing industry driven by a robust and rising pipeline of efficient novel biologic medication, biosimilars, protein therapies, non-COVID mRNA vaccines, in addition to budding cell & gene therapies,” says PSG’s president Karl Buscher. “Additionally, the growing adoption of extra efficient single-use production processes helps a strong outlook for our offerings of single-use parts to end-customers. We consider that pairing Malema’s know-how with our current 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 via proactive capacity additions, new product development, and opportunistic acquisitions of highly-attractive area of interest part technologies,” said 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 enticing biopharma purposes, we count on robust progress within the semiconductor area on the capacity growth and re-shoring tailwinds.”
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