Dover has entered right into a definitive agreement to accumulate 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.
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Malema’s merchandise will increase Dover’s biopharma single-use production providing, which already includes Quattroflow pumps, CPC connectors, and em-tec flowmeters.
Based in Boca Raton, Florida, and with facilities in San Jose, California, Singapore, South Korea and India, Malema expects to generate roughly US$40 million–45 million in revenue during the full 12 months 2022.
When the deal closes, Malema will become a part of the PSG enterprise unit inside Dover’s Pumps & Process Solutions segment.
“We see a tremendous long-term development opportunity within the bioprocessing trade driven 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, เกจวัดแรงดันออกซิเจน growing adoption of more efficient single-use manufacturing processes helps a strong outlook for our offerings of single-use parts to end-customers. We believe that pairing Malema’s know-how with our current portfolio of single-use pumps for biopharma processing will greatly improve the accuracy and worth proposition of our solutions to our prospects.”
“ เกจวัดแรงดัน4บาร์ are methodically constructing out our biopharma platform by way of proactive capability additions, new product development, and opportunistic acquisitions of highly-attractive niche part 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 functions, we expect robust progress within the semiconductor space on the capacity expansion and re-shoring tailwinds.”