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 instruments for the biopharmaceutical, semiconductor and industrial sectors.
Malema’s merchandise will expand Dover’s biopharma single-use production offering, which already contains Quattroflow pumps, CPC connectors, and em-tec flowmeters.
Based in เกจวัดแก๊สlpg , Florida, and with services 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 yr 2022.
When the deal closes, Malema will turn out to be part of the PSG enterprise unit within Dover’s Pumps & Process Solutions segment.
เกจวัดแรงดันไฟฟ้า see an incredible long-term growth alternative within the bioprocessing industry pushed by a powerful and growing pipeline of effective novel biologic medicine, 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 extra efficient single-use production processes helps a strong outlook for our choices of single-use elements to end-customers. We believe that pairing Malema’s know-how 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 area of interest component technologies,” stated 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 expertise. In addition to attractive biopharma purposes, we expect robust progress in the semiconductor space on the capability growth and re-shoring tailwinds.”
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