Dover has entered right into a definitive agreement to accumulate Malema Engineering Corp, a US designer and manufacturer of high-precision, mission-critical flow-measurement and management devices for the biopharmaceutical, semiconductor and industrial sectors.
Image: dizain/Adobe Stock.
Malema’s merchandise will broaden Dover’s biopharma single-use manufacturing providing, which already includes 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 income in the course of the full yr 2022.
When the deal closes, Malema will turn into part of the PSG enterprise unit inside Dover’s Pumps & Process Solutions segment.
“We see an amazing long-term progress opportunity in the bioprocessing industry driven by a powerful and growing pipeline of efficient novel biologic medicine, biosimilars, protein therapies, non-COVID mRNA vaccines, as properly as budding cell & gene therapies,” says PSG’s president Karl Buscher. “Additionally, เกจวัดแรงดันต่ำ growing adoption of more environment friendly single-use production processes helps a sturdy outlook for our offerings of single-use elements to end-customers. We imagine that pairing Malema’s know-how with our existing portfolio of single-use pumps for biopharma processing will significantly enhance the accuracy and value proposition of our options to our customers.”
“We are methodically constructing 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,” said 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 expertise. In addition to enticing biopharma applications, we expect robust development in the semiconductor area on the capacity enlargement and re-shoring tailwinds.”
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