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

Dover has entered right into a definitive settlement to acquire 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 merchandise will increase Dover’s biopharma single-use manufacturing 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 revenue through the full 12 months 2022.
When the deal closes, Malema will turn into a part of the PSG enterprise unit inside Dover’s Pumps & Process Solutions segment.
“We see an incredible long-term growth opportunity within the bioprocessing trade driven by a strong and growing pipeline of efficient novel biologic drugs, biosimilars, protein therapies, non-COVID mRNA vaccines, as properly as budding cell & gene therapies,” says PSG’s president Karl Buscher. “Additionally, the rising adoption of extra efficient single-use manufacturing processes supports a sturdy outlook for our offerings of single-use components to end-customers. We believe that pairing Malema’s know-how with our current portfolio of single-use pumps for biopharma processing will greatly improve the accuracy and worth proposition of our options to our customers.”
เกวัดแรงดัน are methodically building out our biopharma platform via proactive capacity additions, new product improvement, and opportunistic acquisitions of highly-attractive area of interest part technologies,” 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 expertise. In addition to engaging biopharma functions, we anticipate strong development within the semiconductor space on the capability enlargement and re-shoring tailwinds.”
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