Dover has entered right into a definitive settlement to accumulate Malema Engineering Corp, a US designer and producer of high-precision, mission-critical flow-measurement and management instruments for the biopharmaceutical, semiconductor and industrial sectors.
Image: dizain/Adobe Stock.
Malema’s products will broaden Dover’s biopharma single-use manufacturing offering, 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 roughly US$40 million–45 million in income during the full 12 months 2022.
When the deal closes, Malema will turn into part of the PSG business unit inside Dover’s Pumps & Process Solutions section.
“We see a tremendous long-term development alternative within the bioprocessing business pushed by a strong and growing pipeline of effective novel biologic drugs, biosimilars, protein therapies, non-COVID mRNA vaccines, as well as budding cell & gene therapies,” says PSG’s president Karl Buscher. “Additionally, เกจวัดแรงดันคือ rising adoption of extra environment friendly single-use production processes helps a sturdy outlook for our offerings of single-use elements to end-customers. We imagine that pairing Malema’s expertise with our present portfolio of single-use pumps for biopharma processing will tremendously improve the accuracy and value proposition of our options to our clients.”
“We are methodically building out our biopharma platform via proactive capability additions, new product improvement, and opportunistic acquisitions of highly-attractive niche part technologies,” mentioned 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 know-how. In addition to engaging biopharma purposes, we expect strong growth in the semiconductor space on the capacity growth and re-shoring tailwinds.”
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