Dover has entered into a definitive settlement to acquire Malema Engineering Corp, a US designer and manufacturer of high-precision, mission-critical flow-measurement and control devices for the biopharmaceutical, semiconductor and industrial sectors.
Image: dizain/Adobe Stock.
Malema’s products will broaden Dover’s biopharma single-use manufacturing offering, which already includes 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 during the full yr 2022.
When pressure gauge digital ราคา closes, Malema will turn into part of the PSG business unit inside Dover’s Pumps & Process Solutions phase.
“We see an incredible long-term progress alternative within the bioprocessing industry pushed by a strong and growing pipeline of effective novel biologic drugs, 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 supports a sturdy outlook for our offerings of single-use parts to end-customers. We imagine that pairing Malema’s expertise with our existing portfolio of single-use pumps for biopharma processing will tremendously improve the accuracy and value proposition of our solutions to our prospects.”
“We are methodically constructing out our biopharma platform through proactive capability additions, new product improvement, and opportunistic acquisitions of highly-attractive niche component applied sciences,” mentioned Richard Tobin, president and CEO of Dover. “Malema represents a strategic and highly-complementary flow-control and sensing technology and further strengthens our sensor portfolio with new proprietary know-how. In addition to attractive biopharma applications, we anticipate sturdy progress in the semiconductor space on the capacity expansion and re-shoring tailwinds.”
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