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

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 instruments for the biopharmaceutical, semiconductor and industrial sectors.
Image: dizain/Adobe Stock.
Malema’s products will broaden Dover’s biopharma single-use manufacturing offering, which already contains 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 roughly 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 part of the PSG business unit inside Dover’s Pumps & Process Solutions phase.
“We see a tremendous long-term growth opportunity within the bioprocessing trade pushed by a robust and growing pipeline of effective novel biologic medicine, biosimilars, protein therapies, non-COVID mRNA vaccines, as nicely as budding cell & gene therapies,” says PSG’s president Karl Buscher. “Additionally, เกจวัดแรงดันแก๊สlpgรถยนต์ growing adoption of extra efficient single-use production processes supports a robust outlook for our offerings of single-use elements to end-customers. We consider that pairing Malema’s expertise with our current portfolio of single-use pumps for biopharma processing will significantly enhance the accuracy and value proposition of our solutions to our customers.”
“We are methodically building out our biopharma platform via proactive capability additions, new product improvement, and opportunistic acquisitions of highly-attractive area of interest part applied sciences,” 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 technology. In addition to enticing biopharma applications, we anticipate robust progress within the semiconductor area on the capacity enlargement and re-shoring tailwinds.”
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