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

Dover has entered into a definitive settlement to accumulate Malema Engineering Corp, a US designer and manufacturer of high-precision, mission-critical flow-measurement and control instruments for the biopharmaceutical, semiconductor and industrial sectors.
Image: dizain/Adobe Stock.
Malema’s products will increase Dover’s biopharma single-use production providing, which already consists of Quattroflow pumps, CPC connectors, and em-tec flowmeters.
Based in Boca Raton, Florida, and with services in San Jose, California, Singapore, South Korea and India, Malema expects to generate roughly US$40 million–45 million in income during the full year 2022.
When เกจวัดแรงอัดกระบอกสูบ closes, Malema will turn into part of the PSG business unit inside Dover’s Pumps & Process Solutions phase.
“We see a tremendous long-term development opportunity within the bioprocessing trade pushed by a powerful and growing pipeline of effective 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 rising adoption of more efficient single-use manufacturing processes helps a sturdy outlook for our choices of single-use elements to end-customers. We believe that pairing Malema’s expertise with our current portfolio of single-use pumps for biopharma processing will greatly improve the accuracy and value proposition of our options to our prospects.”
“We are methodically constructing out our biopharma platform through proactive capacity additions, new product improvement, and opportunistic acquisitions of highly-attractive area of interest component technologies,” stated 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 engaging biopharma applications, we count on strong development in the semiconductor space on the capacity growth and re-shoring tailwinds.”
Share

Leave a Comment