Dover has entered into a definitive agreement 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 merchandise will increase Dover’s biopharma single-use manufacturing providing, which already consists of 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 revenue through the full year 2022.
When เกจวัดไนโตรเจนราคา closes, Malema will turn out to be a part of the PSG business unit inside Dover’s Pumps & Process Solutions phase.
“We see an incredible long-term development opportunity in the bioprocessing trade driven 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, the growing adoption of more efficient single-use production processes supports a strong outlook for our offerings of single-use elements to end-customers. We believe that pairing Malema’s technology with our existing portfolio of single-use pumps for biopharma processing will significantly enhance the accuracy and worth 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 niche element applied sciences,” said 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 know-how. In addition to attractive biopharma functions, we expect strong progress within the semiconductor area on the capability growth and re-shoring tailwinds.”
Share