Dover has entered into a definitive settlement to amass 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 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 services in San Jose, California, Singapore, South Korea and India, Malema expects to generate roughly US$40 million–45 million in revenue during the full 12 months 2022.
When the deal closes, Malema will become part of the PSG business unit inside Dover’s Pumps & Process Solutions segment.
“We see an amazing long-term growth alternative in the bioprocessing industry driven by a strong and growing pipeline of effective novel biologic medicine, 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 more environment friendly single-use manufacturing processes supports a robust outlook for our choices of single-use components to end-customers. We believe that pairing Malema’s know-how with our present portfolio of single-use pumps for biopharma processing will tremendously enhance the accuracy and value proposition of our options to our clients.”
“ เกจวัดแรงดันไฮดรอลิค are methodically building out our biopharma platform by way of proactive capacity additions, new product improvement, and opportunistic acquisitions of highly-attractive niche component applied sciences,” said Richard Tobin, president and CEO of Dover. “Malema represents a strategic and highly-complementary flow-control and sensing technology and additional strengthens our sensor portfolio with new proprietary technology. In เพรสเชอร์เกจคือ to enticing biopharma applications, we count on robust development within the semiconductor space on the capacity enlargement and re-shoring tailwinds.”
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