Acquisition will add to Dover’s single-use element providing

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 instruments for the biopharmaceutical, semiconductor and industrial sectors.
Image: dizain/Adobe Stock.
Malema’s products will increase 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 amenities in San Jose, California, Singapore, South Korea and India, Malema expects to generate approximately US$40 million–45 million in income during the full yr 2022.
When the deal closes, Malema will turn out to be part of the PSG enterprise unit within Dover’s Pumps & Process Solutions segment.
เกจวัดแรงดันแก๊ส see an incredible long-term progress alternative within the bioprocessing trade pushed by a strong 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, the rising adoption of extra environment friendly single-use production processes helps a robust outlook for our choices of single-use elements to end-customers. We consider that pairing Malema’s know-how with our current portfolio of single-use pumps for biopharma processing will significantly enhance the accuracy and value proposition of our options to our clients.”
“We are methodically building out our biopharma platform by way of proactive capacity additions, new product improvement, and opportunistic acquisitions of highly-attractive niche component technologies,” 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 applications, we count on robust growth in the semiconductor area on the capability expansion and re-shoring tailwinds.”
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