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 management instruments for the biopharmaceutical, semiconductor and industrial sectors.
Image: dizain/Adobe Stock.
เกจวัดแรงดันสูง will increase Dover’s biopharma single-use manufacturing providing, which already includes 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 roughly US$40 million–45 million in revenue in the course of the full year 2022.
When the deal closes, Malema will become a half of the PSG enterprise unit within Dover’s Pumps & Process Solutions segment.
“We see a tremendous long-term progress alternative in the bioprocessing business pushed by a powerful and rising pipeline of effective novel biologic medication, biosimilars, protein therapies, non-COVID mRNA vaccines, as well as budding cell & gene therapies,” says PSG’s president Karl Buscher. “Additionally, the growing adoption of extra environment friendly single-use manufacturing processes helps a sturdy outlook for our choices of single-use elements to end-customers. We consider that pairing Malema’s know-how with our current portfolio of single-use pumps for biopharma processing will greatly enhance the accuracy and value proposition of our solutions 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 part technologies,” mentioned 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 engaging biopharma functions, we count on strong growth within the semiconductor space on the capability growth and re-shoring tailwinds.”
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