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

Surplus Machinery

Cerbere Sovarec G8 | Tapers

  • Machinery Dimensions: 44.49 x 35.43 x 59.45 in
  • Model: G8
  • Manufacturer Name: Cerbere Sovarec
  • Year: 1981
  • Machinery Weight: 220.46 lb
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy Cerbere Sovarec G8 in bulk. Click here to get a free valuation.

Pressotechnik LTD MB-4 46891163 4 TONS | Hydraulic Presses

  • Machinery Weight: 292 LBS
  • Machinery Dimensions: 60 x 30 x 75 IN
  • Stroke: 3.94
  • Tonnage Rating: 4 TONS
  • Model: MB-4
  • Serial Number: 46891163
  • Year: 1994
  • Manufacturer Name: Pressotechnik LTD
  • CE Marked: NO
  • Phase: 1
  • Recommended Packaging Form: PALLET
  • Located in: MA, USA

We buy Pressotechnik LTD MB-4 46891163 4 TONS in bulk. Click here to get a free valuation.

Sotax AT7 Smart 3.1.145; 3.2.190; 101N4092001 220 VOLTS 50 HERTZ | Dissolution Systems

  • Machinery Weight: 182.98 lb
  • Machinery Dimensions: 66.54 x 216.89 x 19.69 in
  • Serial Number: 3.1.145; 3.2.190; 101N4092001
  • Model: AT7 Smart
  • Manufacturer Name: Sotax
  • Frequency: 50 HERTZ
  • Voltage: 220 VOLTS
  • CE Marked: YES
  • Phase: 1
  • Located in: Germany

We buy Sotax AT7 Smart 3.1.145; 3.2.190; 101N4092001 220 VOLTS 50 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.

York International YKK8K3H9-EVG 3E520097-01 460 VOLTS 60 HERTZ | Chillers

  • Machinery Weight: 24818 LBS
  • Machinery Dimensions: 17 x 8 x 11 FT
  • Tonnage: 800
  • Temperature Range: 44 - 94 DEG F
  • Model: YKK8K3H9-EVG
  • Serial Number: 3E520097-01
  • Manufacturer Name: York International
  • Hours: 0
  • Voltage: 460 VOLTS
  • Year: 2013
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: TX, USA

We buy York International YKK8K3H9-EVG 3E520097-01 460 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

YAN FI-900AG 25935 | Lathes

  • Model: FI-900AG
  • Serial Number: 25935
  • Manufacturer Name: YAN
  • Machinery Dimensions: 80 x 36 x 60 IN
  • Machinery Weight: 2000 LBS
  • Located in: Medan, Indonesia

We buy YAN FI-900AG 25935 in bulk. Click here to get a free valuation.

New Brunswick Scientific Bio Flo 110 400768370 | Miscellaneous

  • Serial Number: 400768370
  • Machinery Dimensions: 220.47 x 15.75 x 27.56 in
  • Model: Bio Flo 110
  • Manufacturer Name: New Brunswick Scientific
  • Machinery Weight: 1234.58 lb
  • CE Marked: YES
  • Located in: Basel, Basel, Switzerland

We buy New Brunswick Scientific Bio Flo 110 400768370 in bulk. Click here to get a free valuation.

NNP Corporation | Conveyors

  • Machinery Weight: 882 LBS
  • Machinery Dimensions: 56 x 18 x 58 IN
  • Machinery Dimensions: 98.43 x 19.69 x 57.09 in
  • Type of Conveyors: TABLE TOP- SLAT CONVEYOR
  • Machinery Dimensions: 74.80 x 19.69 x 57.09 in
  • Type of Conveyors: MAT TOP CONVEYOR
  • Machinery Dimensions: 59.06 x 19.69 x 57.09 in
  • Manufacturer Name: NNP Corporation
  • Type of Conveyors: INCLINE ELEVATOR CONVEYOR
  • Machinery Weight: 881.84 lb
  • Machinery Weight: 661.38 lb
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: Europe

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

Thermo Fisher Scientific Exactive | Mass Spectrometers

  • Machinery Weight: 386 LBS
  • Machinery Dimensions: 33 x 36 x 37 IN
  • Model: Exactive
  • Manufacturer Name: Thermo Fisher Scientific
  • Type of Mass Spec: MSD
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: North America

We buy Thermo Fisher Scientific Exactive in bulk. Click here to get a free valuation.

Makino Milling Machine Co LTD MC 1013 39.37 in 51.18 in 39.37 in | Machining Centers

  • Tool Changer Capacity: 120
  • Travel Z-Axis: 39.37 in
  • Travel Y-Axis: 51.18 in
  • Travel X-Axis: 39.37 in
  • Model: MC 1013
  • Manufacturer Name: Makino Milling Machine Co LTD
  • Machinery Weight: 0 Pounds
  • Year: 1999
  • Type of Control: CNC
  • Machinery Dimensions: 0 x 0 x 0 IN
  • Located in: KS, USA

We buy Makino Milling Machine Co LTD MC 1013 39.37 in 51.18 in 39.37 in in bulk. Click here to get a free valuation.

Perkin Elmer Autosystem XL 610N9051112 240 VOLTS 50/60 HERTZ | Miscellaneous

  • Serial Number: 610N9051112
  • Machinery Dimensions: 25.59 x 28.74 x 30.31 in
  • Model: Autosystem XL
  • Voltage: 240 VOLTS
  • Machinery Weight: 220.46 lb
  • Manufacturer Name: Perkin Elmer
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Basel, Basel, Switzerland

We buy Perkin Elmer Autosystem XL 610N9051112 240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Eagle Stainless Container Inc. | Miscellaneous

  • Machinery Dimensions: 48 x 40 x 44 IN
  • Manufacturer Name: Eagle Stainless Container Inc.
  • Machinery Weight: 150 LBS
  • Recommended Packaging Form: PALLET
  • Located in: Forest, VA, USA

We buy Eagle Stainless Container Inc. in bulk. Click here to get a free valuation.

Harro Hoefliger Packaging Machines GmbH Omnicontrol 6 HH-4379.010 400 VOLTS 50 HERTZ | Check Weighers

  • Machinery Weight: 2343.49 lb
  • Machinery Dimensions: 158.27 x 47.24 x 68.90 in
  • Model: Omnicontrol 6
  • Serial Number: HH-4379.010
  • Manufacturer Name: Harro Hoefliger Packaging Machines GmbH
  • Voltage: 400 VOLTS
  • Year: 2013
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 3
  • Located in: Germany

We buy Harro Hoefliger Packaging Machines GmbH Omnicontrol 6 HH-4379.010 400 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Perkin Elmer Clarus 680 680S16053001. 230 VOLTS 50/60 HERTZ | Miscellaneous

  • Machinery Dimensions: 55.12 x 35.43 x 35.43 in
  • Model: Clarus 680
  • Serial Number: 680S16053001.
  • Machinery Weight: 264.55 lb
  • Manufacturer Name: Perkin Elmer
  • Voltage: 230 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Recommended Packaging Form: PALLET
  • Located in: Bridgend , Wales, United Kingdom

We buy Perkin Elmer Clarus 680 680S16053001. 230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Crown SP3400 1A314719 3000 LBS not included | Fork Lift Trucks

  • Hours Of Operation: 9094
  • Serial Number: 1A314719
  • Machinery Weight: 8523 LBS
  • Machinery Dimensions: 120 x 94 x 40 IN
  • Battery Required: not included
  • Model: SP3400
  • Capacity Size: 3000 LBS
  • Manufacturer Name: Crown
  • Located in: GA, USA

We buy Crown SP3400 1A314719 3000 LBS not included in bulk. Click here to get a free valuation.

PROGET SISTEM SIST 220 VOLTS 50 HERTZ 6 AMPS | Labelers

  • Machinery Dimensions: 94.49 x 31.50 x 78.74 in
  • Products Run: Ampoules and bottles in glass
  • Label Size: Min label length mm 10 ; Max diam. label roll mm 250
  • Model: SIST
  • Manufacturer Name: PROGET SISTEM
  • Application Type: BLOW
  • Machinery Weight: 330.69 lb
  • Number of Labeling Heads: 1
  • Type of Labeler: INLINE
  • Year: 2002
  • Current: 6 AMPS
  • Frequency: 50 HERTZ
  • Voltage: 220 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy PROGET SISTEM SIST 220 VOLTS 50 HERTZ 6 AMPS in bulk. Click here to get a free valuation.

Edelstahl Maurer AG 201.12.027-04 STAINLESS STEEL 132.13 gal 3.2 BAR 6 BAR 58.19 in 27.56 in | Reactors

  • Serial Number: 201.12.027-04
  • Machinery Dimensions: 59.06 x 59.06 x 71.85 in
  • Straight Side: 58.19 in
  • Internal Pressure Rating: 3.2 BAR
  • Capacity of Reactor: 132.13 gal
  • Manufacturer Name: Edelstahl Maurer AG
  • Jacket Pressure Rating: 6 BAR
  • Jacket Temperature Rating: 150 DEG C
  • Internal Temperature Rating: 150 DEG C
  • Inside Diameter: 27.56 in
  • Grade of Stainless Steel: 316L
  • Agitation: YES
  • Reactor Material of Construction: STAINLESS STEEL
  • Year: 2002
  • Machinery Weight: 2204.60 lb
  • CE Marked: YES
  • Located in: Austria

We buy Edelstahl Maurer AG 201.12.027-04 STAINLESS STEEL 132.13 gal 3.2 BAR 6 BAR 58.19 in 27.56 in in bulk. Click here to get a free valuation.

Armfield FT74X | Pasteurizers

  • Machinery Dimensions: 35.43 x 33.46 x 55.12 in
  • Model: FT74X
  • Manufacturer Name: Armfield
  • Machinery Weight: 837.75 lb
  • Located in: Europe

We buy Armfield FT74X in bulk. Click here to get a free valuation.

Ingersoll Rand Centac C35MX2-2RH V-7419 35,95 m³/min 9,5 BAR 250 KW | Air Compressors

  • Machinery Weight: 9182.16 lb
  • Machinery Dimensions: 118.11 x 70.87 x 86.61 in
  • Hours: 24.057
  • Horsepower: 250 KW
  • Pressure Rating (Pressure): 9,5 BAR
  • Heating Cooling Requirements: Watercooled
  • Product Sizing: 35,95 m³/min
  • Capacity Size: 2157 CU M/HR
  • Model: Centac C35MX2-2RH
  • Serial Number: V-7419
  • Manufacturer Name: Ingersoll Rand
  • Produce Being Compressed: Air
  • Year: 2007
  • CE Marked: YES
  • Phase: 3
  • Located in: Belgium, Belgium

We buy Ingersoll Rand Centac C35MX2-2RH V-7419 35,95 m³/min 9,5 BAR 250 KW in bulk. Click here to get a free valuation.

Agilent Technologies 6890N | Gas Chromatographs (GC)

  • Machinery Dimensions: 43.31 x 27.56 x 27.56 in
  • Model: 6890N
  • Manufacturer Name: Agilent Technologies
  • Machinery Weight: 220.46 lb
  • Recommended Packaging Form: CUSTOM
  • Located in: Basel, Switzerland

We buy Agilent Technologies 6890N in bulk. Click here to get a free valuation.

Zanasi RM63 12000 BPM 230/400 VOLTS 50/60 HERTZ | Fillers

  • Machinery Dimensions: 41.34 x 41.34 x 77.56 in
  • Max operating speed: 12000 BPM
  • Model: RM63
  • Manufacturer Name: Zanasi
  • Voltage: 230/400 VOLTS
  • Type of Filler: CAPSULE
  • Machinery Weight: 1102.30 lb
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: Europe

We buy Zanasi RM63 12000 BPM 230/400 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Heraeus UB6420 99115142. 230 VOLTS 50/60 HERTZ | Miscellaneous

  • Serial Number: 99115142.
  • Machinery Dimensions: 31.50 x 31.50 x 70.87 in
  • Manufacturer Name: Heraeus
  • Temperature Range: 70 DEG C
  • Model: UB6420
  • Machinery Weight: 264.55 lb
  • Voltage: 230 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: Bridgend , Wales, United Kingdom

We buy Heraeus UB6420 99115142. 230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Agilent Technologies 6890 PLUS | Gas Chromatographs (GC)

  • Model: 6890 PLUS
  • Manufacturer Name: Agilent Technologies
  • Located in: North America

We buy Agilent Technologies 6890 PLUS in bulk. Click here to get a free valuation.

Connectors Verbindungstechnik AG 500 Liter 12980 STAINLESS STEEL 31.89 in 39.37 in | Mixing Vessels

  • Machinery Dimensions: 35.43 x 31.50 x 66.93 in
  • Model: 500 Liter
  • Overall Height: 39.37 in
  • Inside Diameter: 31.89 in
  • Capacity Size of Vessel: lb
  • Serial Number: 12980
  • Manufacturer Name: Connectors Verbindungstechnik AG
  • Straight Side: in
  • Type of Top Head: DISHED
  • Type of Bottom Head: DISHED
  • Agitation: YES
  • Tank Material of Construction: STAINLESS STEEL
  • Machinery Weight: 264.55 lb
  • Jacketed: NO
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: Switzerland

We buy Connectors Verbindungstechnik AG 500 Liter 12980 STAINLESS STEEL 31.89 in 39.37 in in bulk. Click here to get a free valuation.

Sullair 100500360 0.26 gal 5.91 in 78.74 in 0.04 in | Vessels

  • Outside Diameter: 5.91 in
  • Temperature: 200 DEG F
  • Serial Number: 100500360
  • Manufacturer Name: Sullair
  • Machinery Dimensions: 5.91 x 5.91 x 7.87 in
  • Capacity Size: 0.26 gal
  • Dimension Notes: n/a
  • Overall Height: 78.74 in
  • Straight Side (T/T): 1
  • Inside Diameter: 0.04 in
  • Year: 2010
  • Machinery Weight: 1102.30 lb
  • Located in: Distrito Nacional, Dominican Republic

We buy Sullair 100500360 0.26 gal 5.91 in 78.74 in 0.04 in in bulk. Click here to get a free valuation.

Lab Line Instruments Inc 2050 230-240 VOLTS 50/60 HERTZ | Miscellaneous

  • Machinery Dimensions: 6.30 x 11.81 x 3.94 in
  • Model: 2050
  • Manufacturer Name: Lab Line Instruments Inc
  • Voltage: 230-240 VOLTS
  • Machinery Weight: 4.41 lb
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • CE Marked: NO
  • Located in: Basel, Basel, Switzerland

We buy Lab Line Instruments Inc 2050 230-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Farmo Res K-230 10 ML 20 CPM 380 VOLTS 50 HERTZ | Thermoformers and Trim Presses

  • Machinery Dimensions: 244.09 x 37.40 x 78.74 in
  • Products Run: Blisters
  • Product Sizing: 320 x 230 x 40mm
  • Capacity Speed: 20 CPM
  • Model: K-230
  • Capacity Size: 10 ML
  • Machinery Weight: 6500 LBS
  • Manufacturer Name: Farmo Res
  • Year: 1990
  • Voltage: 380 VOLTS
  • Frequency: 50 HERTZ
  • Recommended Packaging Form: CUSTOM
  • CE Marked: NO
  • Phase: 3
  • Located in: Europe

We buy Farmo Res K-230 10 ML 20 CPM 380 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Agilent Technologies 1100 / G1364A | HPLC

  • Model: 1100 / G1364A
  • Manufacturer Name: Agilent Technologies
  • Located in: North America

We buy Agilent Technologies 1100 / G1364A in bulk. Click here to get a free valuation.

Hitachi L-7350 NO PUMP 230 VOLTS 50/60 HERTZ 250 WATTS | HPLC

  • Machinery Weight: 97.00 lb
  • Machinery Dimensions: 59.06 x 10.24 x 9.25 in
  • Model: L-7350
  • Current: 250 WATTS
  • Manufacturer Name: Hitachi
  • Type of Pump for HPLC: NO PUMP
  • Type of Detector for HPLC: UV/VIS
  • Year: 2004
  • Voltage: 230 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Poland

We buy Hitachi L-7350 NO PUMP 230 VOLTS 50/60 HERTZ 250 WATTS in bulk. Click here to get a free valuation.

Busch NP0250.ALL6.000B U081202099 | Miscellaneous

  • Serial Number: U081202099
  • 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 U081202099 in bulk. Click here to get a free valuation.

ICM Maquinas ICM1800 1800 BPH | Blowers

  • Capacity Speed: 1800 BPH
  • Model: ICM1800
  • Manufacturer Name: ICM Maquinas
  • Machinery Dimensions: 0.00 x 0.00 x 0.00 in
  • Machinery Weight: 0.00 lb
  • Located in: Brazil

We buy ICM Maquinas ICM1800 1800 BPH in bulk. Click here to get a free valuation.

NNP Corporation STAINLESS STEEL | Bakery Items

  • Machinery Dimensions: 102.36 x 47.24 x 70.87 in
  • Machinery Dimensions: 39.37 x 39.37 x 53.15 in
  • Manufacturer Name: NNP Corporation
  • Machinery Weight: 330.69 lb
  • Material of Construction: STAINLESS STEEL
  • Machinery Weight: 551.15 lb
  • Phase: 3
  • Located in: Europe

We buy NNP Corporation STAINLESS STEEL in bulk. Click here to get a free valuation.

Suburban Surgical Co | Animal Cages - Canine Caging

  • Machinery Dimensions: 29 x 72 x 73 IN
  • Manufacturer Name: Suburban Surgical Co
  • Machinery Weight: 400 LBS
  • Located in: NJ, USA

We buy Suburban Surgical Co in bulk. Click here to get a free valuation.

Leap Technologies PAL | Gas Chromatographs (GC)

  • Model: PAL
  • Manufacturer Name: Leap Technologies
  • Located in: North America

We buy Leap Technologies PAL in bulk. Click here to get a free valuation.

Gui Chi Tong Yong ZAY7032 368 | Drills

  • Machinery Dimensions: 36 x 36 x 88 IN
  • Serial Number: 368
  • Model: ZAY7032
  • Manufacturer Name: Gui Chi Tong Yong
  • Year: 2000
  • Machinery Weight: 1500 LBS
  • Located in: Medan, Indonesia

We buy Gui Chi Tong Yong ZAY7032 368 in bulk. Click here to get a free valuation.

Applied Materials Inc 0010-25624 30407 35-50 LBS 145 PSI | Actuators

  • Serial Number: 30407
  • 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 30407 35-50 LBS 145 PSI in bulk. Click here to get a free valuation.

Manesty Drycota 900 13953 74 400 VOLTS 50 HERTZ | Tablet Presses

  • Machinery Weight: 6111.15 lb
  • Machinery Dimensions: 87.01 x 49.21 x 80.71 in
  • No. of Stations: 23
  • Model: Drycota 900
  • Serial Number: 13953 74
  • Year: 1979
  • Manufacturer Name: Manesty
  • Pre-compression: NO
  • Capacity Size (tooling - 'bb', 'B' or 'D'): D
  • Keyed upper punch bores: YES
  • Voltage: 400 VOLTS
  • Frequency: 50 HERTZ
  • CE Marked: NO
  • Phase: 3
  • Located in: Italy

We buy Manesty Drycota 900 13953 74 400 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Gernep GmbH Labetta DUO 350 067 120 LPM 400 VOLTS 50 HERTZ | Labelers

  • Machinery Dimensions: 114 x 114 x 150 IN
  • Number of Labeling Heads: 3
  • Label Speed: 120 LPM
  • Type of Labeler: ROTARY
  • Model: Labetta DUO
  • Serial Number: 350 067
  • Manufacturer Name: Gernep GmbH
  • Voltage: 400 VOLTS
  • Machinery Weight: 1000 LBS
  • Application Type: WIPE/MERGE
  • Year: 2013
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: ON, Canada

We buy Gernep GmbH Labetta DUO 350 067 120 LPM 400 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Binder KB 400 105.70 gal 230 VOLTS 50/60 HERTZ 4.8 AMPS | Incubators

  • Machinery Dimensions: 50.00 x 50.00 x 90.00 in
  • Current: 4.8 AMPS
  • Temperature Range: 100 DEG C
  • Model: KB 400
  • Manufacturer Name: Binder
  • Capacity Size: 105.70 gal
  • Machinery Weight: 1102.30 lb
  • Voltage: 230 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Europe

We buy Binder KB 400 105.70 gal 230 VOLTS 50/60 HERTZ 4.8 AMPS in bulk. Click here to get a free valuation.

Agilent Technologies 6890N CN10631021, CN62940442, IT01009005 NO DETECTOR 115 VOLTS 60 HERTZ | Gas Chromatographs (GC)

  • Machinery Dimensions: 55.12 x 27.56 x 37.40 in
  • Head Space Autosampler: Included
  • Serial Number: CN10631021, CN62940442, IT01009005
  • Model: 6890N
  • Type of Detector for GC: NO DETECTOR
  • Manufacturer Name: Agilent Technologies
  • Voltage: 115 VOLTS
  • Machinery Weight: 551.15 lb
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 1
  • Frequency: 60 HERTZ
  • Located in: Distrito Federal, Mexico

We buy Agilent Technologies 6890N CN10631021, CN62940442, IT01009005 NO DETECTOR 115 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.