Dover has entered right into a definitive settlement to acquire 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.
Malema’s merchandise will increase Dover’s biopharma single-use manufacturing offering, which already contains Quattroflow pumps, CPC connectors, and em-tec flowmeters.
Based in เกจวัดแรงดันน้ำ10บาร์ , 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 yr 2022.
When เกจวัดแรงอัดกระบอกสูบ closes, Malema will turn into part of the PSG business unit within Dover’s Pumps & Process Solutions section.
“We see an incredible long-term progress opportunity within the bioprocessing industry pushed by a strong and rising pipeline of effective novel biologic medicine, biosimilars, protein therapies, non-COVID mRNA vaccines, as properly as budding cell & gene therapies,” says PSG’s president Karl Buscher. “Additionally, the growing adoption of extra efficient single-use manufacturing processes supports a strong outlook for our offerings of single-use elements to end-customers. We imagine that pairing Malema’s know-how with our present portfolio of single-use pumps for biopharma processing will greatly enhance the accuracy and worth proposition of our solutions to our prospects.”
“We are methodically constructing out our biopharma platform through proactive capacity additions, new product improvement, and opportunistic acquisitions of highly-attractive area of interest element technologies,” stated Richard Tobin, president and CEO of Dover. “Malema represents a strategic and highly-complementary flow-control and sensing know-how and further strengthens our sensor portfolio with new proprietary technology. In addition to engaging biopharma applications, we expect robust growth in the semiconductor house on the capability enlargement and re-shoring tailwinds.”
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