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

Dover has entered into a definitive agreement to acquire Malema Engineering Corp, a US designer and manufacturer of high-precision, mission-critical flow-measurement and management instruments for the biopharmaceutical, semiconductor and industrial sectors.
Malema’s merchandise will expand Dover’s biopharma single-use manufacturing offering, which already contains 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 revenue in the course of the full yr 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 in the bioprocessing trade pushed by a powerful and growing 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, เกจวัดแรงดันpcp rising adoption of more environment friendly single-use production processes helps a strong outlook for our offerings of single-use parts to end-customers. We consider that pairing Malema’s know-how with our current portfolio of single-use pumps for biopharma processing will significantly improve the accuracy and worth proposition of our options to our prospects.”
“We are methodically constructing out our biopharma platform by way of proactive capacity additions, new product development, and opportunistic acquisitions of highly-attractive area of interest element applied sciences,” stated Richard Tobin, president and CEO of Dover. “Malema represents a strategic and highly-complementary flow-control and sensing expertise and further strengthens our sensor portfolio with new proprietary technology. In addition to enticing biopharma applications, we expect strong progress within the semiconductor space on the capacity expansion and re-shoring tailwinds.”
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