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

Dover has entered right into a definitive agreement 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 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 facilities in San Jose, California, Singapore, South Korea and India, Malema expects to generate approximately US$40 million–45 million in income in the course of the full 12 months 2022.
When the deal closes, Malema will become a half of the PSG enterprise unit inside Dover’s Pumps & Process Solutions section.
“We see a tremendous long-term progress opportunity in the bioprocessing business driven by a strong and rising pipeline of efficient novel biologic medication, biosimilars, protein therapies, non-COVID mRNA vaccines, in addition to budding cell & gene therapies,” says PSG’s president Karl Buscher. “Additionally, the rising adoption of more efficient single-use manufacturing processes supports a sturdy outlook for our offerings of single-use components to end-customers. We consider that pairing Malema’s expertise with our current portfolio of single-use pumps for biopharma processing will greatly enhance the accuracy and worth proposition of our options to our prospects.”
ร้านซ่อมเครื่องวัดความดันโลหิต are methodically constructing out our biopharma platform via proactive capacity additions, new product development, and opportunistic acquisitions of highly-attractive niche part technologies,” stated Richard Tobin, president and CEO of Dover. “Malema represents a strategic and highly-complementary flow-control and sensing expertise and further strengthens our sensor portfolio with new proprietary expertise. In addition to enticing biopharma purposes, we count on robust development within the semiconductor area on the capacity growth and re-shoring tailwinds.”
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