Dover has entered into a definitive agreement to accumulate Malema Engineering Corp, a US designer and producer of high-precision, mission-critical flow-measurement and control devices for the biopharmaceutical, semiconductor and industrial sectors.
Image: dizain/Adobe Stock.
Malema’s merchandise will broaden Dover’s biopharma single-use production offering, which already consists of Quattroflow pumps, CPC connectors, and em-tec flowmeters.
Based in Boca Raton, Florida, and with facilities 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 a half of the PSG enterprise unit inside Dover’s Pumps & Process Solutions phase.
“We see a tremendous long-term progress alternative in the bioprocessing business driven by a strong and growing pipeline of effective novel biologic medication, biosimilars, protein therapies, non-COVID mRNA vaccines, in addition to budding cell & gene therapies,” says PSG’s president Karl Buscher. “Additionally, the rising adoption of more efficient single-use manufacturing processes helps a robust outlook for our offerings of single-use components to end-customers. เกจวัดแรงดัน10bar consider that pairing Malema’s expertise with our current portfolio of single-use pumps for biopharma processing will tremendously enhance the accuracy and worth proposition of our options to our customers.”
“We are methodically constructing out our biopharma platform through proactive capacity additions, new product growth, and opportunistic acquisitions of highly-attractive niche element applied sciences,” said Richard Tobin, president and CEO of Dover. “Malema represents a strategic and highly-complementary flow-control and sensing expertise and additional strengthens our sensor portfolio with new proprietary know-how. In addition to engaging biopharma purposes, we count on robust progress within the semiconductor house on the capability expansion and re-shoring tailwinds.”
Share