Dover has entered into a definitive agreement to amass 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.
Image: dizain/Adobe Stock.
Malema’s merchandise will increase Dover’s biopharma single-use manufacturing providing, which already consists of 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 in the course of the full yr 2022.
When the deal closes, Malema will turn out to be a part of the PSG enterprise unit within Dover’s Pumps & Process Solutions section.
“We see an amazing long-term growth alternative within the bioprocessing industry pushed by a powerful 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, the growing adoption of more environment friendly single-use production processes helps a sturdy outlook for our choices of single-use elements to end-customers. เกจวัดแรงดันน้ำมันเบนซิน believe that pairing Malema’s technology with our current portfolio of single-use pumps for biopharma processing will greatly improve the accuracy and worth proposition of our options to our prospects.”
“We are methodically building out our biopharma platform by way of proactive capacity additions, new product improvement, and opportunistic acquisitions of highly-attractive area of interest part applied sciences,” 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 addition to attractive biopharma purposes, we anticipate sturdy development within the semiconductor space on the capability growth and re-shoring tailwinds.”
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