Dover has entered right into a definitive agreement to accumulate Malema Engineering Corp, a US designer and producer of high-precision, mission-critical flow-measurement and management devices for the biopharmaceutical, semiconductor and industrial sectors.
Image: dizain/Adobe Stock.
Malema’s merchandise will increase Dover’s biopharma single-use production providing, which already consists of Quattroflow pumps, CPC connectors, and em-tec flowmeters.
Based in เกจวัดแรงดันไอน้ำ , Florida, and with services in San Jose, California, Singapore, South Korea and India, Malema expects to generate approximately US$40 million–45 million in revenue during the full yr 2022.
When เกจวัดแรงดันไทวัสดุ closes, Malema will turn out to be a part of the PSG enterprise unit inside Dover’s Pumps & Process Solutions phase.
“We see an incredible long-term progress opportunity in the bioprocessing industry pushed by a strong and growing pipeline of efficient novel biologic drugs, 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 manufacturing processes supports a strong outlook for our choices of single-use components to end-customers. We imagine that pairing Malema’s expertise with our existing portfolio of single-use pumps for biopharma processing will tremendously improve the accuracy and value proposition of our solutions to our prospects.”
“We are methodically building out our biopharma platform via proactive capacity 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 engaging biopharma purposes, we anticipate robust progress in the semiconductor house on the capacity expansion and re-shoring tailwinds.”
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