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

Dover has entered into a definitive agreement to amass Malema Engineering Corp, a US designer and producer of high-precision, mission-critical flow-measurement and control instruments for the biopharmaceutical, semiconductor and industrial sectors.
Image: dizain/Adobe Stock.
Malema’s merchandise will increase Dover’s biopharma single-use production providing, which already contains 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 through the full yr 2022.
When the deal closes, Malema will turn into part of the PSG business unit inside Dover’s Pumps & Process Solutions phase.
“We see a tremendous long-term growth opportunity in the bioprocessing trade driven by a robust and growing pipeline of effective novel biologic medication, biosimilars, protein therapies, non-COVID mRNA vaccines, as nicely as budding cell & gene therapies,” says PSG’s president Karl Buscher. “Additionally, the growing adoption of extra environment friendly single-use manufacturing processes supports a robust outlook for our choices of single-use elements to end-customers. We consider that pairing Malema’s technology with our existing portfolio of single-use pumps for biopharma processing will greatly enhance the accuracy and worth proposition of our solutions to our prospects.”
“We are methodically constructing out our biopharma platform through proactive capability additions, new product improvement, and opportunistic acquisitions of highly-attractive area of interest part applied sciences,” stated Richard Tobin, president and CEO of Dover. “Malema represents a strategic and highly-complementary flow-control and sensing know-how and further strengthens our sensor portfolio with new proprietary know-how. In ราคาเพรสเชอร์เกจ to engaging biopharma functions, we expect strong development in the semiconductor house on the capacity growth and re-shoring tailwinds.”
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