Dover has entered into a definitive agreement to amass 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.
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Malema’s products will increase Dover’s biopharma single-use production providing, 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 in the course of the full 12 months 2022.
When the deal closes, Malema will turn into part of the PSG business unit inside Dover’s Pumps & Process Solutions section.
“ เกจวัดแรงดัน250bar see a tremendous long-term growth alternative within the bioprocessing industry driven by a robust and growing pipeline of efficient 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 efficient single-use manufacturing processes helps a strong outlook for our offerings of single-use components to end-customers. We imagine that pairing Malema’s expertise with our existing portfolio of single-use pumps for biopharma processing will significantly enhance the accuracy and worth proposition of our options to our prospects.”
“We are methodically constructing out our biopharma platform via proactive capability additions, new product development, 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 expertise and further strengthens our sensor portfolio with new proprietary know-how. In addition to engaging biopharma applications, we expect sturdy growth in the semiconductor house on the capability enlargement and re-shoring tailwinds.”
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