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

Dover has entered into a definitive agreement to acquire 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 merchandise will broaden Dover’s biopharma single-use manufacturing providing, 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 roughly US$40 million–45 million in income through the full year 2022.
When the deal closes, Malema will turn out to be part of the PSG enterprise unit inside Dover’s Pumps & Process Solutions segment.
“We see a tremendous long-term progress opportunity in the bioprocessing industry driven by a robust and growing pipeline of effective 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 growing adoption of more efficient single-use production processes helps a strong outlook for our choices of single-use parts to end-customers. We imagine that pairing Malema’s technology with our present portfolio of single-use pumps for biopharma processing will tremendously improve the accuracy and value proposition of our solutions to our customers.”

ไดอะแฟรม ซีล are methodically constructing out our biopharma platform by way of proactive capability additions, new product growth, and opportunistic acquisitions of highly-attractive niche component applied sciences,” 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 purposes, we expect strong progress in the semiconductor space on the capability growth and re-shoring tailwinds.”

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