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 control devices for the biopharmaceutical, semiconductor and industrial sectors.
Image: dizain/Adobe Stock.
Malema’s products will expand Dover’s biopharma single-use production 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 roughly US$40 million–45 million in income through the full year 2022.
When the deal closes, Malema will become part of the PSG enterprise unit within Dover’s Pumps & Process Solutions section.
“We see an incredible long-term development alternative in the bioprocessing industry pushed by a powerful and rising pipeline of efficient novel biologic medicine, 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 production processes supports a sturdy outlook for our offerings of single-use elements to end-customers. pressure gauge ด้าน ดูด imagine that pairing Malema’s technology with our present portfolio of single-use pumps for biopharma processing will tremendously improve the accuracy and worth proposition of our solutions to our customers.”
“ เกจวัดความดันน้ำ are methodically constructing out our biopharma platform through proactive capacity additions, new product development, and opportunistic acquisitions of highly-attractive area of interest component technologies,” said Richard Tobin, president and CEO of Dover. “Malema represents a strategic and highly-complementary flow-control and sensing know-how and additional strengthens our sensor portfolio with new proprietary expertise. In addition to enticing biopharma purposes, we anticipate strong progress in the semiconductor area on the capability enlargement and re-shoring tailwinds.”
Share