# Dover to acquire Malema Engineering, maker of flow-measurement instruments

Dover agreed to acquire Malema Engineering, a Boca Raton, Florida designer of high-precision flow-measurement instruments for biopharma and semiconductor production, announced May 9, 2022. Malema will join Dover's PSG business unit within the Pumps & Process Solutions segment.

- Type: Acquisition
- Announced: 2022-05-09
- Where: Boca Raton, Florida, United States
- Value: $225.0M
- Status: announced
- Products: flow-measurement instruments, single-use flow sensors
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Dover Corp.](https://endata.com/companies/1031.md) (acquirer)
- [Malema Engineering](https://endata.com/companies/9217.md) (target)

## Sources

- [investors.dovercorporation.com](https://investors.dovercorporation.com/news-releases/news-release-details/dover-acquire-manufacturer-flow-measurement-devices-biopharma), 2022-05-09: "Dover (NYSE: DOV) announced today that it has entered into a definitive agreement to acquire Malema Engineering Corporation."
- [ec-ma.com](https://www.ec-ma.com/malema-has-been-sold-to-dover/), 2022-05-09: "The purchase price is comprised of $225 million in cash at closing, subject to customary purchase price adjustments, and up to $50 million in contingent consideration."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.