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Dover has entered right into a definitive settlement to amass Malema Engineering Corp, a US designer and producer of high-precision, mission-critical flow-measurement and management instruments for the biopharmaceutical, semiconductor and industrial sectors.
Image: dizain/Adobe Stock.
Malema’s products will expand Dover’s biopharma single-use production providing, which already consists of 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 through the full 12 months 2022.
When the deal closes, Malema will turn out to be part of the PSG business unit inside Dover’s Pumps & Process Solutions phase.
“We see a tremendous long-term growth opportunity within the bioprocessing business driven by a robust and growing pipeline of efficient novel biologic medicine, biosimilars, protein therapies, non-COVID mRNA vaccines, as nicely as budding cell & gene therapies,” says PSG’s president Karl Buscher. “Additionally, เกจวัดแรงดัน4นิ้วราคา rising adoption of more environment friendly single-use manufacturing processes supports 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 tremendously enhance the accuracy and worth proposition of our options to our clients.”
“We are methodically building out our biopharma platform via proactive capacity additions, new product development, and opportunistic acquisitions of highly-attractive niche part technologies,” said Richard Tobin, president and CEO of Dover. “Malema represents a strategic and highly-complementary flow-control and sensing know-how and additional strengthens our sensor portfolio with new proprietary technology. In addition to enticing biopharma applications, we anticipate sturdy development within the semiconductor area on the capacity growth and re-shoring tailwinds.”
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