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

Dover has entered 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 broaden 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 amenities in San Jose, California, Singapore, South Korea and India, Malema expects to generate roughly US$40 million–45 million in revenue during the full 12 months 2022.
When the deal closes, Malema will become a part of the PSG enterprise unit within Dover’s Pumps & Process Solutions segment.
“We see a tremendous long-term development opportunity within the bioprocessing industry pushed by a strong and growing pipeline of efficient novel biologic medicine, biosimilars, protein therapies, non-COVID mRNA vaccines, as nicely as budding cell & gene therapies,” says PSG’s president Karl Buscher. “Additionally, the growing adoption of more efficient single-use production processes supports a robust outlook for our offerings of single-use components to end-customers. เกวัดแรงดัน consider that pairing Malema’s expertise with our current portfolio of single-use pumps for biopharma processing will greatly improve the accuracy and value proposition of our solutions to our customers.”

“We are methodically constructing out our biopharma platform via proactive capability additions, new product growth, and opportunistic acquisitions of highly-attractive area of interest element technologies,” mentioned Richard Tobin, president and CEO of Dover. “Malema represents a strategic and highly-complementary flow-control and sensing know-how and further strengthens our sensor portfolio with new proprietary expertise. In addition to attractive biopharma functions, we count on strong development in the semiconductor house on the capacity growth and re-shoring tailwinds.”

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