Acquisition will add to Dover’s single-use component providing

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 management instruments for the biopharmaceutical, semiconductor and industrial sectors.
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Malema’s merchandise will broaden Dover’s biopharma single-use manufacturing providing, which already consists of 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 through the full 12 months 2022.
When the deal closes, Malema will turn out to be part of the PSG enterprise unit within Dover’s Pumps & Process Solutions section.
“We see an incredible long-term development alternative within the bioprocessing trade pushed by a powerful and growing pipeline of effective novel biologic medicine, biosimilars, protein therapies, non-COVID mRNA vaccines, as properly as budding cell & gene therapies,” says PSG’s president Karl Buscher. “Additionally, the rising adoption of extra efficient single-use manufacturing processes helps a robust outlook for our choices of single-use components to end-customers. We believe 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 clients.”
เกจวัดแรงดันpcp are methodically constructing out our biopharma platform via proactive capacity additions, new product growth, and opportunistic acquisitions of highly-attractive area of interest part 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 know-how. In addition to enticing biopharma functions, we anticipate sturdy progress within the semiconductor area on the capacity expansion and re-shoring tailwinds.”
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