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Dover has entered right into a definitive settlement to accumulate 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.
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Malema’s products will expand Dover’s biopharma single-use production providing, which already includes Quattroflow pumps, CPC connectors, and em-tec flowmeters.
Based in เกจไนโตรเจนsumo , Florida, and with amenities 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 the deal closes, Malema will turn out to be a part of the PSG enterprise unit within Dover’s Pumps & Process Solutions phase.
“We see a tremendous long-term development alternative within the bioprocessing trade driven by a robust and rising pipeline of effective novel biologic medicine, biosimilars, protein therapies, non-COVID mRNA vaccines, as properly as budding cell & gene therapies,” says PSG’s president Karl Buscher. “Additionally, the growing adoption of extra efficient single-use manufacturing processes supports a strong outlook for our offerings of single-use elements to end-customers. We consider that pairing Malema’s technology with our existing portfolio of single-use pumps for biopharma processing will tremendously enhance the accuracy and value proposition of our solutions to our clients.”
“We are methodically building out our biopharma platform through proactive capacity additions, new product development, and opportunistic acquisitions of highly-attractive area of interest part 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 expertise. In เกจวัดแรงดันน้ำมันเบนซิน to attractive biopharma applications, we expect strong growth within the semiconductor area on the capacity enlargement and re-shoring tailwinds.”
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