Dover has entered right into a definitive settlement to accumulate 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.
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Malema’s products will expand Dover’s biopharma single-use manufacturing providing, which already contains Quattroflow pumps, CPC connectors, and em-tec flowmeters.
Based in จำหน่ายเกจวัดแรงดัน , Florida, and with amenities in San Jose, California, Singapore, South Korea and India, Malema expects to generate approximately US$40 million–45 million in revenue during the full 12 months 2022.
When the deal closes, Malema will turn out to be part of the PSG business unit within Dover’s Pumps & Process Solutions phase.
“We see an incredible long-term progress opportunity in the bioprocessing industry pushed by a powerful and growing pipeline of efficient novel biologic medication, biosimilars, protein therapies, non-COVID mRNA vaccines, as well 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 offerings of single-use components to end-customers. We imagine that pairing Malema’s expertise with our present portfolio of single-use pumps for biopharma processing will significantly improve the accuracy and worth proposition of our options to our clients.”
“We are methodically building out our biopharma platform through proactive capacity additions, new product growth, and opportunistic acquisitions of highly-attractive niche component applied sciences,” mentioned 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 technology. In addition to enticing biopharma functions, we anticipate sturdy development within the semiconductor space on the capacity expansion and re-shoring tailwinds.”
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