Dover has entered into a definitive agreement to acquire Malema Engineering Corp, a US designer and manufacturer of high-precision, mission-critical flow-measurement and management instruments for the biopharmaceutical, semiconductor and industrial sectors.
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Malema’s merchandise will expand Dover’s biopharma single-use production 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 during the full year 2022.
When the deal closes, Malema will turn into a part of the PSG business unit within Dover’s Pumps & Process Solutions section.
“We see an amazing long-term progress alternative in the bioprocessing business driven by a strong 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, pressure gauge 0 10 bar ราคา growing adoption of more efficient single-use manufacturing processes helps a sturdy outlook for our choices of single-use components to end-customers. We consider that pairing Malema’s technology with our present portfolio of single-use pumps for biopharma processing will greatly 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 growth, and opportunistic acquisitions of highly-attractive area of interest 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 technology. In addition to enticing biopharma functions, we count on sturdy growth in the semiconductor house on the capability growth and re-shoring tailwinds.”
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