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 control instruments for the biopharmaceutical, semiconductor and industrial sectors.
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Malema’s products 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 amenities 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 a part of the PSG enterprise unit inside Dover’s Pumps & Process Solutions phase.
“We see an amazing long-term progress opportunity in 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 rising adoption of extra efficient single-use manufacturing processes supports a sturdy outlook for our offerings of single-use parts to end-customers. เพรสเชอร์เกจวัดแรงดันน้ำ believe that pairing Malema’s technology with our present portfolio of single-use pumps for biopharma processing will tremendously improve the accuracy and worth proposition of our options to our customers.”
“We are methodically constructing out our biopharma platform by way of proactive capacity additions, new product development, and opportunistic acquisitions of highly-attractive niche component technologies,” stated 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 expertise. In addition to attractive biopharma purposes, we expect robust development in the semiconductor area on the capacity growth and re-shoring tailwinds.”
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