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

Dover has entered right into a definitive agreement to acquire Malema Engineering Corp, a US designer and manufacturer of high-precision, mission-critical flow-measurement and management instruments for the biopharmaceutical, semiconductor and industrial sectors.
Image: dizain/Adobe Stock.
Malema’s products will increase 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 revenue in the course of the full yr 2022.
When the deal closes, Malema will become a half of the PSG enterprise unit inside Dover’s Pumps & Process Solutions section.
“We see a tremendous long-term development alternative within the bioprocessing trade pushed by a powerful and rising pipeline of effective novel biologic medication, biosimilars, protein therapies, non-COVID mRNA vaccines, as properly as budding cell & gene therapies,” says PSG’s president Karl Buscher. “Additionally, เครื่องมือที่ใช้วัดความดันคือ rising adoption of extra environment friendly single-use manufacturing processes helps a robust outlook for our offerings of single-use components to end-customers. We consider that pairing Malema’s know-how with our existing portfolio of single-use pumps for biopharma processing will tremendously enhance the accuracy and value proposition of our solutions to our customers.”
“We are methodically building out our biopharma platform via proactive capacity additions, new product improvement, and opportunistic acquisitions of highly-attractive area of interest element technologies,” mentioned 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 technology. In addition to engaging biopharma purposes, we anticipate sturdy progress within the semiconductor area on the capability growth and re-shoring tailwinds.”
Share

Scroll to Top