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

Dover has entered 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.
Malema’s products will increase Dover’s biopharma single-use production offering, which already contains 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 approximately US$40 million–45 million in income in the course of the full year 2022.
When the deal closes, Malema will turn out to be part of the PSG enterprise unit inside Dover’s Pumps & Process Solutions section.
“We see an incredible long-term growth opportunity in the bioprocessing business pushed by a strong and growing 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, weksler pressure gauge ราคา growing adoption of extra efficient single-use production processes helps a robust outlook for our offerings of single-use parts to end-customers. We imagine that pairing Malema’s know-how with our existing portfolio of single-use pumps for biopharma processing will significantly enhance the accuracy and worth proposition of our options to our clients.”
“We are methodically constructing out our biopharma platform by way of proactive capability additions, new product improvement, and opportunistic acquisitions of highly-attractive niche part applied sciences,” mentioned Richard Tobin, president and CEO of Dover. “ ที่วัดแรงดันน้ำ represents a strategic and highly-complementary flow-control and sensing expertise and further strengthens our sensor portfolio with new proprietary know-how. In addition to engaging biopharma functions, we count on sturdy progress within the semiconductor house on the capacity expansion and re-shoring tailwinds.”
Share

Leave a Comment