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 increase Dover’s biopharma single-use manufacturing offering, which already includes 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 roughly US$40 million–45 million in income through the full 12 months 2022.
When the deal closes, Malema will turn into a half of the PSG business unit within Dover’s Pumps & Process Solutions section.
“We see a tremendous long-term development alternative in the bioprocessing industry pushed by a robust and rising pipeline of effective novel biologic drugs, biosimilars, protein therapies, non-COVID mRNA vaccines, in addition to budding cell & gene therapies,” says PSG’s president Karl Buscher. “Additionally, ร้านซ่อมเครื่องวัดความดันโลหิต rising adoption of extra environment friendly single-use production processes helps a robust outlook for our choices of single-use parts to end-customers. We believe that pairing Malema’s know-how with our present portfolio of single-use pumps for biopharma processing will significantly enhance the accuracy and worth proposition of our options to our prospects.”
“We are methodically constructing out our biopharma platform through proactive capacity additions, new product improvement, and opportunistic acquisitions of highly-attractive niche part technologies,” mentioned 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 know-how. In addition to enticing biopharma applications, we anticipate robust development in the semiconductor house on the capacity expansion and re-shoring tailwinds.”
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