Dover has entered right into a definitive settlement to acquire 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 services in San Jose, California, Singapore, South Korea and India, Malema expects to generate approximately US$40 million–45 million in income through the full 12 months 2022.
When the deal closes, Malema will become part of the PSG business unit within Dover’s Pumps & Process Solutions phase.
“ จำหน่ายเกจวัดแรงดัน see an incredible long-term growth opportunity in the bioprocessing trade pushed by a strong and rising pipeline of efficient 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 growing adoption of extra environment friendly single-use production processes helps a sturdy outlook for our choices of single-use components to end-customers. We consider that pairing Malema’s expertise with our present 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 development, and opportunistic acquisitions of highly-attractive area of interest component 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 technology. In addition to attractive biopharma purposes, we expect sturdy development within the semiconductor space on the capability enlargement and re-shoring tailwinds.”
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