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

Dover has entered into a definitive settlement to acquire 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 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 facilities 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 12 months 2022.
When the deal closes, Malema will become part of the PSG business unit inside Dover’s Pumps & Process Solutions section.
“We see an incredible 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, in addition to budding cell & gene therapies,” says PSG’s president Karl Buscher. “Additionally, the growing adoption of extra environment friendly single-use manufacturing processes supports a strong outlook for our offerings of single-use parts to end-customers. We consider that pairing Malema’s know-how with our current portfolio of single-use pumps for biopharma processing will tremendously enhance the accuracy and value proposition of our options to our prospects.”
เพรสเชอร์เกจวัดแรงดันน้ำ are methodically building out our biopharma platform via proactive capability 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 technology and further strengthens our sensor portfolio with new proprietary know-how. In addition to attractive biopharma purposes, we count on sturdy growth within the semiconductor house on the capacity expansion and re-shoring tailwinds.”
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