pressure gauge has entered right into a definitive settlement to acquire 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 products will expand Dover’s biopharma single-use manufacturing offering, which already contains Quattroflow pumps, CPC connectors, and em-tec flowmeters.
Based in Boca Raton, Florida, and with services 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 out to be part of the PSG business unit within Dover’s Pumps & Process Solutions phase.
pressure gauge octa see a tremendous long-term development alternative within the bioprocessing trade pushed by a robust and growing pipeline of efficient novel biologic medication, biosimilars, protein therapies, non-COVID mRNA vaccines, in addition to budding cell & gene therapies,” says PSG’s president Karl Buscher. “Additionally, the rising adoption of extra efficient single-use manufacturing processes supports a sturdy outlook for our offerings of single-use parts to end-customers. We consider that pairing Malema’s know-how with our present portfolio of single-use pumps for biopharma processing will tremendously improve 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 growth, and opportunistic acquisitions of highly-attractive area of interest component technologies,” stated 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 know-how. In addition to enticing biopharma applications, we count on strong development in the semiconductor house on the capacity expansion and re-shoring tailwinds.”

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