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Dover has entered right into a definitive agreement to amass Malema Engineering Corp, a US designer and manufacturer 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 production 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 12 months 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 an incredible long-term progress opportunity within the bioprocessing trade pushed by a robust and rising pipeline of effective novel biologic medication, biosimilars, protein therapies, non-COVID mRNA vaccines, as nicely as budding cell & gene therapies,” says PSG’s president Karl Buscher. “Additionally, the rising adoption of more environment friendly single-use manufacturing processes helps a sturdy outlook for our choices of single-use components to end-customers. We believe that pairing Malema’s technology with our present portfolio of single-use pumps for biopharma processing will greatly enhance 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 development, and opportunistic acquisitions of highly-attractive niche part applied sciences,” stated 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 technology. In เกจวัดแรงดัน to enticing biopharma applications, we expect sturdy progress within the semiconductor space on the capability expansion and re-shoring tailwinds.”

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