Dover has entered right into a definitive settlement 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.
Image: dizain/Adobe Stock.
Malema’s merchandise will increase Dover’s biopharma single-use manufacturing providing, which already contains Quattroflow pumps, CPC connectors, and em-tec flowmeters.
Based in ไดอะแฟรม ซีล , Florida, and with amenities 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 enterprise unit inside Dover’s Pumps & Process Solutions section.
“We see a tremendous long-term development alternative in the bioprocessing trade driven by a powerful and rising pipeline of effective novel biologic drugs, biosimilars, protein therapies, non-COVID mRNA vaccines, as nicely as budding cell & gene therapies,” says PSG’s president Karl Buscher. “Additionally, the growing adoption of more environment friendly single-use production processes supports a strong outlook for our choices of single-use parts to end-customers. We believe that pairing Malema’s technology with our existing portfolio of single-use pumps for biopharma processing will significantly improve the accuracy and value proposition of our options to our prospects.”

“We are methodically building out our biopharma platform by way of proactive capacity 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 pressure gauge 10 bar to attractive biopharma purposes, we expect sturdy growth in the semiconductor house on the capacity expansion and re-shoring tailwinds.”

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