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

Dover has entered right into a definitive settlement to amass Malema Engineering Corp, a US designer and producer of high-precision, mission-critical flow-measurement and control devices for the biopharmaceutical, semiconductor and industrial sectors.
Image: dizain/Adobe Stock.
Malema’s merchandise will broaden Dover’s biopharma single-use production offering, which already contains 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 roughly US$40 million–45 million in revenue in the course of the full year 2022.
When เกจ์วัดความดัน closes, Malema will turn into a part of the PSG enterprise unit within Dover’s Pumps & Process Solutions section.
“We see an amazing long-term growth opportunity in the bioprocessing trade pushed by a robust and rising pipeline of efficient 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 growing adoption of extra environment friendly single-use manufacturing processes helps a sturdy outlook for our offerings of single-use parts to end-customers. We believe that pairing Malema’s expertise with our existing portfolio of single-use pumps for biopharma processing will significantly improve the accuracy and worth proposition of our options to our clients.”
“We are methodically building out our biopharma platform through proactive capability additions, new product improvement, and opportunistic acquisitions of highly-attractive niche element 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 enticing biopharma functions, we anticipate strong progress within the semiconductor house on the capability expansion and re-shoring tailwinds.”
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