Acquisition will add to Dover’s single-use component offering

Dover has entered into a definitive settlement to accumulate 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.
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Malema’s products will broaden Dover’s biopharma single-use manufacturing offering, which already includes 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 roughly US$40 million–45 million in revenue in the course of the full year 2022.
When the deal closes, Malema will turn into a part of the PSG business unit inside Dover’s Pumps & Process Solutions segment.
เกจ์อาร์กอนsumo see an incredible long-term development alternative within the bioprocessing industry pushed by a robust and growing pipeline of effective novel biologic medicine, biosimilars, protein therapies, non-COVID mRNA vaccines, as properly as budding cell & gene therapies,” says PSG’s president Karl Buscher. “Additionally, the rising adoption of extra efficient single-use manufacturing processes helps a robust outlook for our offerings 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 significantly improve the accuracy and worth proposition of our options to our prospects.”
“We are methodically building out our biopharma platform by way of proactive capability additions, new product development, and opportunistic acquisitions of highly-attractive area of interest element technologies,” stated 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 technology. In ราคาเกจวัดแรงดัน to enticing biopharma functions, we expect sturdy progress in the semiconductor house on the capacity growth and re-shoring tailwinds.”
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