Dover has entered into a definitive agreement to acquire 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 broaden 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 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 year 2022.
When the deal closes, Malema will turn into a part of the PSG business unit inside Dover’s Pumps & Process Solutions section.
“We see a tremendous long-term growth opportunity within the bioprocessing industry pushed by a robust and rising pipeline of efficient novel biologic drugs, biosimilars, protein therapies, non-COVID mRNA vaccines, in addition to budding cell & gene therapies,” says PSG’s president Karl Buscher. “Additionally, เกจวัดแรงดันน้ำราคา rising adoption of more environment friendly single-use manufacturing processes supports a strong outlook for our offerings of single-use components to end-customers. We believe that pairing Malema’s technology with our present portfolio of single-use pumps for biopharma processing will tremendously enhance the accuracy and value proposition of our options to our customers.”
“We are methodically building out our biopharma platform through proactive capability additions, new product improvement, and opportunistic acquisitions of highly-attractive area of interest part applied sciences,” mentioned 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 technology. In addition to engaging biopharma applications, we anticipate robust progress in the semiconductor space on the capability expansion and re-shoring tailwinds.”
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