Dover has entered right into a definitive agreement to accumulate 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 merchandise will expand Dover’s biopharma single-use manufacturing providing, which already contains 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 during the full year 2022.
When the deal closes, Malema will turn into a half of the PSG business unit within Dover’s Pumps & Process Solutions section.
“ เกจวัดแรงดันแก๊สอาร์กอน see an amazing long-term growth opportunity within the bioprocessing trade pushed by a strong and growing pipeline of effective novel biologic drugs, biosimilars, protein therapies, non-COVID mRNA vaccines, in addition to budding cell & gene therapies,” says PSG’s president Karl Buscher. “Additionally, pressure gauge หลักการ ทํา งาน growing adoption of extra efficient single-use manufacturing processes helps a strong outlook for our choices of single-use components to end-customers. We imagine that pairing Malema’s technology with our current portfolio of single-use pumps for biopharma processing will tremendously enhance the accuracy and worth proposition of our options to our customers.”
“We are methodically constructing out our biopharma platform by way of proactive capacity additions, new product growth, and opportunistic acquisitions of highly-attractive niche part applied sciences,” stated Richard Tobin, president and CEO of Dover. “Malema represents a strategic and highly-complementary flow-control and sensing expertise and additional strengthens our sensor portfolio with new proprietary technology. In addition to attractive biopharma functions, we count on strong growth within the semiconductor area on the capacity growth and re-shoring tailwinds.”
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