We buy surplus in bulk. Click here to get a free valuation.

Surplus Machinery

Agilent Technologies 6120 | MSD (Mass Selective Detector)

  • Machinery Dimensions: 32 x 48 x 40 IN
  • Machinery Weight: 250 LBS
  • Model: 6120
  • Manufacturer Name: Agilent Technologies
  • Located in: North America

We buy Agilent Technologies 6120 in bulk. Click here to get a free valuation.

Ambaflex Spiralveyor SV 15156-13 480 VOLTS CARBON STEEL 16 IN SPIRAL CONVEYOR | Conveyors

  • Serial Number: 15156-13
  • Machinery Weight: 1800 LBS
  • Machinery Dimensions: 74 x 72 x 140 IN
  • Type of Conveyors: SPIRAL CONVEYOR
  • Belt Size: 16 IN
  • Model: Spiralveyor SV
  • Manufacturer Name: Ambaflex
  • Portable: NO
  • Year: 2013
  • CE Marked: YES
  • Voltage: 480 VOLTS
  • Material of Construction: CARBON STEEL
  • Located in: LA, USA

We buy Ambaflex Spiralveyor SV 15156-13 480 VOLTS CARBON STEEL 16 IN SPIRAL CONVEYOR in bulk. Click here to get a free valuation.

Glatt LD 120 10533 2094.37 lb | Miscellaneous

  • Model: LD 120
  • Serial Number: 10533
  • Capacity Size: 2094.37 lb
  • Manufacturer Name: Glatt
  • Type of Lift: OTHER
  • Machinery Weight: 0 LBS
  • Machinery Dimensions: 0 x 0 x 0 IN
  • Year: 2005
  • CE Marked: NO
  • Located in: Forest, VA, USA

We buy Glatt LD 120 10533 2094.37 lb in bulk. Click here to get a free valuation.

Applied Energy Solutions 12R0875D2D 06Z37265 208/240/480 VOLTS 60 HERTZ | Battery Chargers

  • Serial Number: 06Z37265
  • Machinery Dimensions: 18 x 18 x 24 IN
  • Model: 12R0875D2D
  • Manufacturer Name: Applied Energy Solutions
  • Voltage: 208/240/480 VOLTS
  • Capacity Details: 24V
  • Machinery Weight: 100 LBS
  • Phase: 1
  • Frequency: 60 HERTZ
  • Located in: GA, USA

We buy Applied Energy Solutions 12R0875D2D 06Z37265 208/240/480 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Krones Universella 723-A49 4000 LPH 6 BAR 230/460 VOLTS 50/60 HERTZ 20 AMPS | Labelers

  • Machinery Dimensions: 18.04 x 9.19 x 8.20 ft
  • Label Speed: 4000 LPH
  • Serial Number: 723-A49
  • Model: Universella
  • Manufacturer Name: Krones
  • Type of Labeler: ROTARY
  • Year: 1994
  • Machinery Weight: 13227.60 lb
  • Air Requirements: 6 BAR
  • Number of Labeling Heads: 1
  • Application Type: TAMP
  • Frequency: 50/60 HERTZ
  • Current: 20 AMPS
  • Recommended Packaging Form: CUSTOM PALLET
  • Phase: 3
  • Voltage: 230/460 VOLTS
  • Located in: Saudi Arabia

We buy Krones Universella 723-A49 4000 LPH 6 BAR 230/460 VOLTS 50/60 HERTZ 20 AMPS in bulk. Click here to get a free valuation.

Rohde and Schwarz CMW-Z24 101979 | Miscellaneous

  • Serial Number: 101979
  • Machinery Dimensions: 20 x 19 x 3 IN
  • Model: CMW-Z24
  • Manufacturer Name: Rohde and Schwarz
  • Machinery Weight: 9 LBS
  • Recommended Packaging Form: 24C (28X24X22)
  • Located in: San Jose, CA, USA

We buy Rohde and Schwarz CMW-Z24 101979 in bulk. Click here to get a free valuation.

Kliklok Concord HSR | Horizontal Cartoners

  • Machinery Dimensions: 275.59 x 108.27 x 78.74 in
  • Model: Concord HSR
  • Manufacturer Name: Kliklok
  • Machinery Weight: 6613.80 lb
  • Located in: Europe

We buy Kliklok Concord HSR in bulk. Click here to get a free valuation.

Bio Rad Gel Doc 2000 01169. 115/230 VOLTS 50/60 HERTZ | Imagers

  • Machinery Dimensions: 23.62 x 19.69 x 39.37 in
  • Model: Gel Doc 2000
  • Serial Number: 01169.
  • Manufacturer Name: Bio Rad
  • Voltage: 115/230 VOLTS
  • Machinery Weight: 99.21 lb
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: Wales, United Kingdom

We buy Bio Rad Gel Doc 2000 01169. 115/230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Applied Materials Inc 0010-25624 34608 35-50 LBS 145 PSI | Actuators

  • Serial Number: 34608
  • Machinery Dimensions: 10 x 7 x 20 IN
  • Capacity Speed: 145 PSI
  • Capacity Size: 35-50 LBS
  • Type of Actuator: PNEUMATIC
  • Model: 0010-25624
  • Machinery Weight: 30 LBS
  • Manufacturer Name: Applied Materials Inc
  • Recommended Packaging Form: 19C (22X15X13)
  • Located in: CA, USA

We buy Applied Materials Inc 0010-25624 34608 35-50 LBS 145 PSI in bulk. Click here to get a free valuation.

AJ Micronal AJX-H550-S MP3J001423 220 VOLTS 60 HERTZ 1030 WATTS | Stirrers and Hot Plates

  • Machinery Weight: 11.02 lb
  • Machinery Dimensions: 13.39 x 8.27 x 4.72 in
  • Current: 1030 WATTS
  • Model: AJX-H550-S
  • Serial Number: MP3J001423
  • Manufacturer Name: AJ Micronal
  • Voltage: 220 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 60 HERTZ
  • Located in: Sao Paulo, Brazil

We buy AJ Micronal AJX-H550-S MP3J001423 220 VOLTS 60 HERTZ 1030 WATTS in bulk. Click here to get a free valuation.

Agilent Technologies 1100 Series VARIABLE WAVELENGTH 240 VOLTS 50/60 HERTZ | HPLC

  • Machinery Weight: 154.32 lb
  • Machinery Dimensions: 16.73 x 19.69 x 30.51 in
  • Voltage: 240 VOLTS
  • Model: 1100 Series
  • Type of Pump for HPLC: QUATERNARY
  • Type of Detector for HPLC: VARIABLE WAVELENGTH
  • Manufacturer Name: Agilent Technologies
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Switzerland

We buy Agilent Technologies 1100 Series VARIABLE WAVELENGTH 240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Atlas Material Testing Technology LLC CI3000 25656 PROCESS SPECIFIC June 2018 200-240 VOLTS 50/60 HERTZ 47 AMPS | Tester

  • Machinery Weight: 1010 LBS
  • Machinery Dimensions: 33 x 37 x 72.05 IN
  • Current: 47 AMPS
  • Date of Last PM: June 2018
  • Model: CI3000
  • Serial Number: 25656
  • Manufacturer Name: Atlas Material Testing Technology LLC
  • Is the system generic or process specific?: PROCESS SPECIFIC
  • Fuctional or Non Functional: FUCTIONAL
  • Year: 2016
  • Voltage: 200-240 VOLTS
  • Frequency: 50/60 HERTZ
  • Located in: Philippines

We buy Atlas Material Testing Technology LLC CI3000 25656 PROCESS SPECIFIC June 2018 200-240 VOLTS 50/60 HERTZ 47 AMPS in bulk. Click here to get a free valuation.

Applied Materials Inc 0010-25624 29708-3 35-50 LBS 145 PSI | Actuators

  • Serial Number: 29708-3
  • Machinery Dimensions: 10 x 7 x 20 IN
  • Capacity Speed: 145 PSI
  • Capacity Size: 35-50 LBS
  • Type of Actuator: PNEUMATIC
  • Model: 0010-25624
  • Machinery Weight: 30 LBS
  • Manufacturer Name: Applied Materials Inc
  • Recommended Packaging Form: 19C (22X15X13)
  • Located in: CA, USA

We buy Applied Materials Inc 0010-25624 29708-3 35-50 LBS 145 PSI in bulk. Click here to get a free valuation.

Applied Materials Inc 0006940 35-50 LBS 145 PSI | Actuators

  • Serial Number: 0006940
  • Machinery Dimensions: 10 x 7 x 20 IN
  • Capacity Speed: 145 PSI
  • Capacity Size: 35-50 LBS
  • Type of Actuator: PNEUMATIC
  • Machinery Weight: 30 LBS
  • Manufacturer Name: Applied Materials Inc
  • Recommended Packaging Form: 19C (22X15X13)
  • Located in: CA, USA

We buy Applied Materials Inc 0006940 35-50 LBS 145 PSI in bulk. Click here to get a free valuation.

Waukesha Cherry Burrell 060 306657 02 13/6.5 AMPS 60 HERTZ 230/460 VOLTS 5 HP | Miscellaneous

  • Model: 060
  • Serial Number: 306657 02
  • Machinery Dimensions: 48 x 22 x 16 IN
  • Current: 13/6.5 AMPS
  • Manufacturer Name: Waukesha Cherry Burrell
  • Machinery Weight: 250 LBS
  • CE Marked: YES
  • Phase: 3
  • Frequency: 60 HERTZ
  • Voltage: 230/460 VOLTS
  • Horsepower: 5 HP
  • Recommended Packaging Form: PALLET
  • Located in: Brockton, MA, USA

We buy Waukesha Cherry Burrell 060 306657 02 13/6.5 AMPS 60 HERTZ 230/460 VOLTS 5 HP in bulk. Click here to get a free valuation.

Rohde and Schwarz CMW-Z24 101371 | Miscellaneous

  • Serial Number: 101371
  • Machinery Dimensions: 20 x 19 x 3 IN
  • Model: CMW-Z24
  • Manufacturer Name: Rohde and Schwarz
  • Machinery Weight: 9 LBS
  • Recommended Packaging Form: 24C (28X24X22)
  • Located in: San Jose, CA, USA

We buy Rohde and Schwarz CMW-Z24 101371 in bulk. Click here to get a free valuation.

Hitachi CC40 020025 40,000 rpm 30 AMPS | Laboratory Centrifuges

  • Serial Number: 020025
  • Machinery Weight: 3152.58 lb
  • Machinery Dimensions: 144.09 x 237.01 x 215.75 in
  • Current: 30 AMPS
  • Frequency: 50/60
  • Voltage: AC200, 208, 220, 230, 240 VOLTS
  • Refrigerated: YES
  • Max Speed: 40,000 rpm
  • Model: CC40
  • Manufacturer Name: Hitachi
  • Year: 2002
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Located in: Czech Republic

We buy Hitachi CC40 020025 40,000 rpm 30 AMPS in bulk. Click here to get a free valuation.

Tegal - OEM Group, Inc 981 | Plasma Etcher

  • Model: 981
  • Manufacturer Name: Tegal - OEM Group, Inc
  • Machinery Dimensions: 84 x 84 x 96 IN
  • Machinery Weight: 5000 LBS
  • Recommended Packaging Form: CRATE
  • Located in: Asia

We buy Tegal - OEM Group, Inc 981 in bulk. Click here to get a free valuation.

Dan Science DPA-2500 DWK-2 | Wet Process

  • Machinery Dimensions: 96 x 60 x 72 IN
  • Model: DPA-2500 DWK-2
  • Manufacturer Name: Dan Science
  • Year: 1991
  • Machinery Weight: 5000 LBS
  • Recommended Packaging Form: CUSTOM
  • Located in: East Asia/Pacific

We buy Dan Science DPA-2500 DWK-2 in bulk. Click here to get a free valuation.

De Lama unknown ELECTRICALLY HEATED STAINLESS STEEL | Autoclaves

  • Machinery Dimensions: 70.87 x 70.87 x 82.68 in
  • Manufacturer Name: De Lama
  • Heating or Cooling Source: ELECTRICALLY HEATED
  • Machinery Weight: 6613.80 lb
  • Material of Construction: STAINLESS STEEL
  • Located in: Europe

We buy De Lama unknown ELECTRICALLY HEATED STAINLESS STEEL in bulk. Click here to get a free valuation.

Nova GMP500 93014 220-240 VOLTS 50/60 HERTZ | Controllers

  • Machinery Dimensions: 15.75 x 10.63 x 15.75 in
  • Model: GMP500
  • Serial Number: 93014
  • Manufacturer Name: Nova
  • Machinery Weight: 22.05 lb
  • Voltage: 220-240 VOLTS
  • Frequency: 50/60 HERTZ
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: Switzerland

We buy Nova GMP500 93014 220-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Waters SYNAPT ACQUITY | Mass Spectrometers

  • Machinery Dimensions: 60 x 50 x 60 IN
  • Model: SYNAPT ACQUITY
  • Manufacturer Name: Waters
  • Machinery Weight: 700 LBS
  • Type of Mass Spec: Q-TOF
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: North America

We buy Waters SYNAPT ACQUITY in bulk. Click here to get a free valuation.

Miele G7893 74365259 220/240 VOLTS 50/60 HERTZ | Glassware Washers and Dryers

  • Machinery Dimensions: 35.43 x 23.62 x 33.86 in
  • Model: G7893
  • Serial Number: 74365259
  • Manufacturer Name: Miele
  • Voltage: 220/240 VOLTS
  • Year: 2013
  • Machinery Weight: 176.37 lb
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Basel, Switzerland

We buy Miele G7893 74365259 220/240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Dukane 93291 43A255 64810 US64810 | Welders

  • Machinery Weight: 469 LBS
  • Machinery Dimensions: 175 x 20 x 57 IN
  • Model: 93291 43A255 64810
  • Serial Number: US64810
  • Manufacturer Name: Dukane
  • Welding Type: ULTRASONIC
  • CE Marked: NO
  • Phase: 1
  • Recommended Packaging Form: PALLET
  • Located in: MA, USA

We buy Dukane 93291 43A255 64810 US64810 in bulk. Click here to get a free valuation.

Universal Machine Company 2000 120 VOLTS 50/60 HERTZ | Assembly Packaging

  • Machinery Dimensions: 32 x 12 x 10 FT
  • Model: 2000
  • Manufacturer Name: Universal Machine Company
  • Machinery Weight: 10000 LBS
  • Frequency: 50/60 HERTZ
  • Voltage: 120 VOLTS
  • Located in: PR, USA

We buy Universal Machine Company 2000 120 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

ViscoTec 2VFL40 1725 RPM 2.2 KW 60 HERTZ 220 VOLTS | Positive Displacement Pumps / Lobe

  • Machinery Dimensions: 40.67 x 34.84 x 5.91 in
  • Model: 2VFL40
  • Manufacturer Name: ViscoTec
  • Capacity Speed: 1725 RPM
  • Current: 2.2 KW
  • Machinery Weight: 154.32 lb
  • Voltage: 220 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Queretaro, Mexico

We buy ViscoTec 2VFL40 1725 RPM 2.2 KW 60 HERTZ 220 VOLTS in bulk. Click here to get a free valuation.

Agilent Technologies G1312B; G1367C; G1316C; G1379B; G4212B DIODE ARRAY | HPLC

  • Machinery Dimensions: 6.56 x 3.28 x 3.28 ft
  • Model: G1312B; G1367C; G1316C; G1379B; G4212B
  • Type of Detector for HPLC: DIODE ARRAY
  • Manufacturer Name: Agilent Technologies
  • Machinery Weight: 176.37 lb
  • Type of Pump for HPLC: BINARY
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy Agilent Technologies G1312B; G1367C; G1316C; G1379B; G4212B DIODE ARRAY in bulk. Click here to get a free valuation.

Twin City Fan and Blower EPFN-SW 13-483945-1-2 | Fans

  • Machinery Dimensions: 70 x 70 x 65 IN
  • HP: 30
  • Serial Number: 13-483945-1-2
  • Model: EPFN-SW
  • Manufacturer Name: Twin City Fan and Blower
  • Machinery Weight: 600 Pounds
  • CE Marked: YES
  • Located in: NC, USA

We buy Twin City Fan and Blower EPFN-SW 13-483945-1-2 in bulk. Click here to get a free valuation.

Globe Pharma Mini Press - 1 220 VOLTS 60 HERTZ | Tablet Presses

  • Machinery Weight: 2200 Pounds
  • Machinery Dimensions: 3 x 3 x 5 FT
  • No. of Stations: 10
  • Model: Mini Press - 1
  • Manufacturer Name: Globe Pharma
  • Keyed upper punch bores: YES
  • Voltage: 220 VOLTS
  • Phase: 1
  • Frequency: 60 HERTZ
  • Recommended Packaging Form: PALLET
  • Located in: ON, Canada

We buy Globe Pharma Mini Press - 1 220 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Vapourtec UV-150 E-1040 | Reactors

  • Machinery Dimensions: 26 x 20 x 30 IN
  • Model: UV-150
  • Serial Number: E-1040
  • Manufacturer Name: Vapourtec
  • Machinery Weight: 100 LBS
  • Year: 2014
  • Recommended Packaging Form: PALLET
  • Located in: Singapore

We buy Vapourtec UV-150 E-1040 in bulk. Click here to get a free valuation.

Girton Manufacturing Co BW05X 89071401 STAINLESS STEEL | CIP (Clean In Place)

  • Machinery Weight: 820 LBS
  • Machinery Dimensions: 70 x 35 x 57 IN
  • Model: BW05X
  • Serial Number: 89071401
  • Stationary or Portable: PORTABLE
  • Manufacturer Name: Girton Manufacturing Co
  • Control Panel Included: YES
  • Frequency: HERTZ
  • Voltage: VOLTS
  • Material of Construction: STAINLESS STEEL
  • CE Marked: NO
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: MA, USA

We buy Girton Manufacturing Co BW05X 89071401 STAINLESS STEEL in bulk. Click here to get a free valuation.

Harvard Apparatus 50-7061-R 230 VOLTS 50 HERTZ | Miscellaneous

  • Model: 50-7061-R
  • Manufacturer Name: Harvard Apparatus
  • Machinery Dimensions: 11.81 x 11.81 x 15.75 in
  • Type: CHEMISTRY
  • Machinery Weight: 22.05 lb
  • Voltage: 230 VOLTS
  • Frequency: 50 HERTZ
  • Recommended Packaging Form: CUSTOM
  • Located in: Bridgend , Wales, United Kingdom

We buy Harvard Apparatus 50-7061-R 230 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Memmert BM200 240 VOLTS | Miscellaneous

  • Machinery Dimensions: 21.65 x 19.69 x 23.62 in
  • Model: BM200
  • Manufacturer Name: Memmert
  • Humidity Control: NO
  • CO2 Control: NO
  • Voltage: 240 VOLTS
  • Machinery Weight: 33.07 lb
  • Recommended Packaging Form: CUSTOM
  • Located in: Bridgend , Wales, United Kingdom

We buy Memmert BM200 240 VOLTS in bulk. Click here to get a free valuation.

Kohler 50EFOZCJ UNKNOWN HERTZ | Diesel Generators

  • Machinery Dimensions: 78.74 x 39.37 x 47.24 in
  • Model: 50EFOZCJ
  • Manufacturer Name: Kohler
  • Frequency: UNKNOWN HERTZ
  • Machinery Weight: 1763.68 lb
  • Year: 2004
  • Recommended Packaging Form: CUSTOM
  • CE Marked: NO
  • Located in: Ecuador

We buy Kohler 50EFOZCJ UNKNOWN HERTZ in bulk. Click here to get a free valuation.

Busch NP0250.ALL6.000B U082203363 | Miscellaneous

  • Serial Number: U082203363
  • Machinery Dimensions: 70 x 60 x 94 IN
  • Model: NP0250.ALL6.000B
  • Manufacturer Name: Busch
  • Machinery Weight: 1500 LBS
  • Located in: Skull Valley, UT, USA

We buy Busch NP0250.ALL6.000B U082203363 in bulk. Click here to get a free valuation.

Micro Control Company HPB-5A 480 VOLTS | Miscellaneous

  • Machinery Weight: 7400 LBS
  • Machinery Dimensions: 126 x 103 x 88 IN
  • Model: HPB-5A
  • Manufacturer Name: Micro Control Company
  • Recommended Packaging Form: CUSTOM
  • Voltage: 480 VOLTS
  • Located in: Santa Clara, CA, USA

We buy Micro Control Company HPB-5A 480 VOLTS in bulk. Click here to get a free valuation.

Perkin Elmer Victor V 4207515 115 VOLTS 50/60 HERTZ | Microplate Readers

  • Machinery Dimensions: 30 x 24 x 12 IN
  • Serial Number: 4207515
  • Model: Victor V
  • Machinery Weight: 75 LBS
  • Voltage: 115 VOLTS
  • Manufacturer Name: Perkin Elmer
  • Frequency: 50/60 HERTZ
  • Located in: CA, USA

We buy Perkin Elmer Victor V 4207515 115 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Glatt 10.0046 528.52 gal 400 VOLTS 50 HERTZ STAINLESS STEEL 8 BAR | Holoflight/Paddle/Screw Dryers

  • Machinery Weight: 18959.56 lb
  • Machinery Dimensions: 358.27 x 129.92 x 145.67 in
  • Serial Number: 10.0046
  • Capacity Size: 528.52 gal
  • Single, Twin, or Quad Screws: SINGLE
  • Jacket Pressure Rating: 8 BAR
  • Manufacturer Name: Glatt
  • Jacketed: YES
  • Voltage: 400 VOLTS
  • Material of Construction: STAINLESS STEEL
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Year: 1998
  • Phase: 3
  • Located in: Antwerp, Belgium

We buy Glatt 10.0046 528.52 gal 400 VOLTS 50 HERTZ STAINLESS STEEL 8 BAR in bulk. Click here to get a free valuation.

Inox Biaso Industria e Comercio Ltda 224.62 gal STAINLESS STEEL 0.0 IN 0.0 IN 0.0 IN | Tanks

  • Straight Side: 0.0 IN
  • Overall Height: 0.0 IN
  • Inside Diameter: 0.0 IN
  • Capacity of Tank: 224.62 gal
  • Manufacturer Name: Inox Biaso Industria e Comercio Ltda
  • Tank Material of Construction: STAINLESS STEEL
  • Machinery Weight: 0 LBS
  • Machinery Dimensions: 0 x 0 x 0 IN
  • Year: 2013
  • Agitation: NO
  • Jacketed: NO
  • Located in: Minas Gerais , Brazil

We buy Inox Biaso Industria e Comercio Ltda 224.62 gal STAINLESS STEEL 0.0 IN 0.0 IN 0.0 IN in bulk. Click here to get a free valuation.

Cama IN214 380 VOLTS 50 HERTZ | Case Packers

  • Machinery Dimensions: 157.48 x 47.24 x 78.74 in
  • Model: IN214
  • Manufacturer Name: Cama
  • Case Sealing: HOT MELT GLUE
  • Machinery Weight: 3306.90 lb
  • Voltage: 380 VOLTS
  • Frequency: 50 HERTZ
  • Located in: Europe

We buy Cama IN214 380 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.