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

Dover has entered 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.
pressure gauge will expand 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 amenities in San Jose, California, Singapore, South Korea and India, Malema expects to generate roughly US$40 million–45 million in income through the full 12 months 2022.
When the deal closes, Malema will turn out to be a half of the PSG enterprise unit inside Dover’s Pumps & Process Solutions segment.
pressure gauge see a tremendous long-term progress opportunity in the bioprocessing business driven by a strong and growing pipeline of efficient novel biologic medication, 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 supports a strong outlook for our offerings of single-use elements to end-customers. We imagine that pairing Malema’s know-how with our present portfolio of single-use pumps for biopharma processing will tremendously improve the accuracy and worth proposition of our solutions to our customers.”

“We are methodically constructing out our biopharma platform via proactive capability additions, new product growth, and opportunistic acquisitions of highly-attractive area of interest element technologies,” 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 know-how. In เกจวัดแรงดัน to enticing biopharma applications, we expect strong progress in the semiconductor house on the capability expansion and re-shoring tailwinds.”

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