Dover completed the acquisition of Malema Engineering for $275m.

Dover, a diversified global manufacturer and solutions provider, completed the acquisition of Malema Engineering, a designer and manufacturer of flow-measurement and control instruments, for $275m. “We are methodically building out our biopharma platform through proactive capacity additions, new product development, and opportunistic acquisitions of highly-attractive niche component technologies. Malema represents a strategic and highly-complementary flow-control and sensing technology and further strengthens our sensor portfolio with new proprietary technology. In addition to attractive biopharma applications, we expect strong growth in the semiconductor space on the capacity expansion and re-shoring tailwinds,” Richard J. Tobin, Dover President and CEO.