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.
Image: dizain/Adobe Stock.
เกจวัดแรงดันน้ําไทวัสดุ will expand Dover’s biopharma single-use manufacturing offering, which already includes 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 revenue through the full 12 months 2022.
When the deal closes, Malema will turn into a part of the PSG business unit within Dover’s Pumps & Process Solutions section.
“We see an incredible long-term development opportunity in the bioprocessing industry pushed by a robust and growing pipeline of effective novel biologic drugs, biosimilars, protein therapies, non-COVID mRNA vaccines, as well as budding cell & gene therapies,” says PSG’s president Karl Buscher. “Additionally, เกจวัดแรงดันถังแก๊ส growing adoption of more efficient single-use manufacturing processes supports a robust outlook for our offerings of single-use components to end-customers. We believe that pairing Malema’s know-how with our existing portfolio of single-use pumps for biopharma processing will tremendously improve the accuracy and worth proposition of our solutions to our prospects.”
“We are methodically building out our biopharma platform by way of proactive capability additions, new product development, and opportunistic acquisitions of highly-attractive niche component applied sciences,” said Richard Tobin, president and CEO of Dover. “Malema represents a strategic and highly-complementary flow-control and sensing technology and additional strengthens our sensor portfolio with new proprietary expertise. In addition to enticing biopharma functions, we count on strong progress in the semiconductor space on the capacity enlargement and re-shoring tailwinds.”
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