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

Dover has entered into a definitive agreement to amass 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.
Malema’s merchandise will broaden Dover’s biopharma single-use production 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 income in the course of the full 12 months 2022.
When the deal closes, Malema will become a half of the PSG enterprise unit within Dover’s Pumps & Process Solutions section.
“We see an amazing long-term growth opportunity within the bioprocessing industry pushed by a powerful and growing pipeline of effective novel biologic drugs, biosimilars, protein therapies, non-COVID mRNA vaccines, as properly 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 parts to end-customers. We imagine that pairing Malema’s know-how with our present portfolio of single-use pumps for biopharma processing will significantly improve the accuracy and worth proposition of our solutions to our clients.”
“We are methodically building out our biopharma platform by way of proactive capacity additions, new product growth, and opportunistic acquisitions of highly-attractive niche 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 เกจวัดแรงดันคือ to enticing biopharma functions, we expect robust growth within the semiconductor space on the capacity expansion and re-shoring tailwinds.”
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