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

Dover has entered into a definitive settlement to accumulate Malema Engineering Corp, a US designer and manufacturer of high-precision, mission-critical flow-measurement and control devices for the biopharmaceutical, semiconductor and industrial sectors.
Image: dizain/Adobe Stock.
Malema’s products will increase 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 facilities in San Jose, California, Singapore, South Korea and India, Malema expects to generate approximately US$40 million–45 million in revenue during the full yr 2022.
When the deal closes, Malema will become part of the PSG enterprise unit inside Dover’s Pumps & Process Solutions phase.
“We see a tremendous long-term progress opportunity within the bioprocessing business driven by a robust and rising pipeline of effective novel biologic medicine, 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 manufacturing processes helps a sturdy outlook for our offerings of single-use components to end-customers. We imagine that pairing Malema’s expertise with our present portfolio of single-use pumps for biopharma processing will greatly enhance the accuracy and worth proposition of our solutions to our prospects.”
Authentic are methodically constructing out our biopharma platform via proactive capability additions, new product improvement, and opportunistic acquisitions of highly-attractive area of interest part technologies,” mentioned Richard Tobin, president and CEO of Dover. “Malema represents a strategic and highly-complementary flow-control and sensing expertise and additional strengthens our sensor portfolio with new proprietary technology. In addition to attractive biopharma functions, we count on sturdy growth within the semiconductor house on the capacity enlargement and re-shoring tailwinds.”
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