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

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 management devices for the biopharmaceutical, semiconductor and industrial sectors.
Malema’s merchandise will broaden Dover’s biopharma single-use production providing, 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 approximately US$40 million–45 million in income in the course of the full year 2022.
When the deal closes, Malema will become part of the PSG business unit within Dover’s Pumps & Process Solutions phase.
“We see an incredible long-term growth alternative in the bioprocessing industry pushed by a powerful and rising 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 growing adoption of more environment friendly single-use manufacturing processes helps a sturdy outlook for our offerings of single-use components to end-customers. We imagine that pairing Malema’s know-how with our existing portfolio of single-use pumps for biopharma processing will significantly improve the accuracy and value proposition of our solutions to our prospects.”
“We are methodically building out our biopharma platform through proactive capability additions, new product growth, and opportunistic acquisitions of highly-attractive area of interest element applied sciences,” mentioned Richard Tobin, president and CEO of Dover. “ เกจวัดแรงดันco2 represents a strategic and highly-complementary flow-control and sensing know-how and additional strengthens our sensor portfolio with new proprietary expertise. In addition to attractive biopharma applications, we anticipate strong development in the semiconductor house on the capability growth and re-shoring tailwinds.”
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