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

Surplus Machinery

Alteco 42523 116.80 gal STAINLESS STEEL 27.56 in 66.93 in 37.40 in 400 VOLTS 50 HERTZ | Tanks

  • Machinery Dimensions: 33.46 x 66.93 x 66.93 in
  • Number of Inlets and Size: 3
  • Straight Side: 37.40 in
  • Overall Height: 66.93 in
  • Inside Diameter: 27.56 in
  • Internal Temperature Rating: -10 to 100 DEG C
  • Capacity of Tank: 116.80 gal
  • Serial Number: 42523
  • Manufacturer Name: Alteco
  • Number of Outlets and Size: 1
  • Tank Material of Construction: STAINLESS STEEL
  • Machinery Weight: 661.38 lb
  • Year: 2003
  • Voltage: 400 VOLTS
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Agitation: NO
  • Jacketed: NO
  • Phase: 3
  • Located in: Antwerp, Belgium

We buy Alteco 42523 116.80 gal STAINLESS STEEL 27.56 in 66.93 in 37.40 in 400 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Heraeus Cytoperm 2 98102998 230 VOLTS 50/60 HERTZ 5.2 AMPS | Miscellaneous

  • Machinery Dimensions: 39.37 x 31.50 x 35.43 in
  • Model: Cytoperm 2
  • Serial Number: 98102998
  • Temperature Range: 180 DEG C
  • Manufacturer Name: Heraeus
  • CO2 Control: YES
  • Current: 5.2 AMPS
  • Humidity Control: YES
  • Machinery Weight: 264.55 lb
  • Voltage: 230 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Basel, Basel, Switzerland

We buy Heraeus Cytoperm 2 98102998 230 VOLTS 50/60 HERTZ 5.2 AMPS in bulk. Click here to get a free valuation.

Hobart Corporation 2912 56-1240-288 STAINLESS STEEL 120 VOLTS 2 AMPS 1725 RPM 60 HERTZ | Miscellaneous

  • Machinery Dimensions: 30 x 26 x 62 IN
  • Serial Number: 56-1240-288
  • Model: 2912
  • Capacity Speed: 1725 RPM
  • Manufacturer Name: Hobart Corporation
  • Current: 2 AMPS
  • Machinery Weight: 300 LBS
  • Material of Construction: STAINLESS STEEL
  • Phase: 1
  • Voltage: 120 VOLTS
  • Frequency: 60 HERTZ
  • Recommended Packaging Form: PALLET
  • Located in: Forest, VA, USA

We buy Hobart Corporation 2912 56-1240-288 STAINLESS STEEL 120 VOLTS 2 AMPS 1725 RPM 60 HERTZ in bulk. Click here to get a free valuation.

Hewlett Packard 1050 HPLC | HPLC

  • Model: 1050 HPLC
  • Manufacturer Name: Hewlett Packard
  • Located in: North America

We buy Hewlett Packard 1050 HPLC in bulk. Click here to get a free valuation.

M and P Engineering Ltd. Rotary Transfer Unit MP910008-FL1 | Fillers

  • Machinery Dimensions: 82.68 x 74.80 x 78.74 in
  • Number of heads: 18
  • Current Application (Products,Sizes Run and Shape of Bottle): Ravioli
  • Type of Filler: SCALE
  • Model: Rotary Transfer Unit
  • Serial Number: MP910008-FL1
  • Manufacturer Name: M and P Engineering Ltd.
  • Machinery Weight: 3306.90 lb
  • CE Marked: NO
  • Located in: Lancashire, United Kingdom

We buy M and P Engineering Ltd. Rotary Transfer Unit MP910008-FL1 in bulk. Click here to get a free valuation.

Agilent Technologies 3499A MY42004099,MY42001834,MY42001824 100-127/200-240 VOLTS | Miscellaneous

  • Machinery Weight: 14 Pounds
  • Machinery Dimensions: 20 x 19 x 4 IN
  • Voltage: 100-127/200-240 VOLTS
  • Model: 3499A
  • Serial Number: MY42004099,MY42001834,MY42001824
  • Manufacturer Name: Agilent Technologies
  • Recommended Packaging Form: 20C (28X20X20)
  • CE Marked: YES
  • Phase: 1
  • Located in: San Jose, CA, USA

We buy Agilent Technologies 3499A MY42004099,MY42001834,MY42001824 100-127/200-240 VOLTS in bulk. Click here to get a free valuation.

Fitzpatrick IR 220 IR220-738/L1A-285 | Roller Compactors

  • Machinery Dimensions: 48 x 54 x 95 IN
  • Model: IR 220
  • Serial Number: IR220-738/L1A-285
  • Manufacturer Name: Fitzpatrick
  • Machinery Weight: 750 LBS
  • Year: 2005
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: IN, USA

We buy Fitzpatrick IR 220 IR220-738/L1A-285 in bulk. Click here to get a free valuation.

Dosa Pack S.r.l. Robi Pack 1000 380/415 VOLTS 50/60 HERTZ | Fillers

  • Machinery Dimensions: 98.43 x 78.74 x 78.74 in
  • Current Application (Products,Sizes Run and Shape of Bottle): Bottles
  • Model: Robi Pack 1000
  • Manufacturer Name: Dosa Pack S.r.l.
  • Voltage: 380/415 VOLTS
  • Machinery Weight: 1322.76 lb
  • Type of Filler: ROTARY
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 3
  • Located in: Europe

We buy Dosa Pack S.r.l. Robi Pack 1000 380/415 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Turbo Systems B2197 | Depositors

  • Machinery Dimensions: 41.73 x 23.62 x 48.82 in
  • Model: B2197
  • Manufacturer Name: Turbo Systems
  • Machinery Weight: 220.46 lb
  • Year: 1996
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy Turbo Systems B2197 in bulk. Click here to get a free valuation.

Anritsu Corporation MD8430A 6201334488 100-120/200-240 VOLTS 50/60 HERTZ 1200 VA | Miscellaneous

  • Serial Number: 6201334488
  • Machinery Dimensions: 23 x 18 x 13 IN
  • Current: 1200 VA
  • Model: MD8430A
  • Manufacturer Name: Anritsu Corporation
  • Machinery Weight: 77 LBS
  • Voltage: 100-120/200-240 VOLTS
  • Recommended Packaging Form: 24C (28X24X22)
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: San Jose, CA, USA

We buy Anritsu Corporation MD8430A 6201334488 100-120/200-240 VOLTS 50/60 HERTZ 1200 VA in bulk. Click here to get a free valuation.

Riken Keiki GD-K77D | Detectors

  • Machinery Dimensions: 36 x 24 x 48 IN
  • Model: GD-K77D
  • Manufacturer Name: Riken Keiki
  • Machinery Weight: 50 LBS
  • Year: 2006
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: East Asia/Pacific

We buy Riken Keiki GD-K77D in bulk. Click here to get a free valuation.

Leap Technologies PAL Autosampler CombiPal 111602 | Analytical Equipment

  • Machinery Weight: 115 LBS
  • Machinery Dimensions: 14 x 12 x 12 IN
  • Model: CombiPal
  • Serial Number: 111602
  • Manufacturer Name: Leap Technologies PAL Autosampler
  • Recommended Packaging Form: CUSTOM
  • Located in: MA, USA

We buy Leap Technologies PAL Autosampler CombiPal 111602 in bulk. Click here to get a free valuation.

Euromac ZX1250/30 MDC314209A 30 TONS 51.18 in 78.74 in 3.50 in 220 VOLTS 60 HERTZ | Turret Punch

  • Machinery Weight: 12001.84 lb
  • Machinery Dimensions: 131.89 x 88.98 x 74.80 in
  • Maximum Hole Diameter: 3.50 in
  • Travel Y-Axis: 78.74 in
  • Travel X-Axis: 51.18 in
  • Model: ZX1250/30
  • Serial Number: MDC314209A
  • Manufacturer Name: Euromac
  • Tonnage Rating: 30 TONS
  • Year: 2002
  • Voltage: 220 VOLTS
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Colombia

We buy Euromac ZX1250/30 MDC314209A 30 TONS 51.18 in 78.74 in 3.50 in 220 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Schroder Maschinenbau KG MAX 6000 MAX6000-324-15 50/60 HERTZ 13227.60 lb | Mixers

  • Machinery Dimensions: 295.28 x 94.49 x 141.73 in
  • Heating Cooling Requirements: Connection to customer’s cooling system (refrigerant: propylene glycol)
  • Voltage: 380/420 - 380/460 VOLTS
  • Model: MAX 6000
  • Serial Number: MAX6000-324-15
  • Manufacturer Name: Schroder Maschinenbau KG
  • Machinery Weight: 23148.30 lb
  • Capacity Size: 13227.60 lb
  • Type of mixer: CONTINUOUS
  • Year: 2015
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 3
  • Located in: SUR COISE, France

We buy Schroder Maschinenbau KG MAX 6000 MAX6000-324-15 50/60 HERTZ 13227.60 lb in bulk. Click here to get a free valuation.

Agilent Technologies G3172A | Mass Spectrometers

  • Model: G3172A
  • Manufacturer Name: Agilent Technologies
  • Located in: North America

We buy Agilent Technologies G3172A in bulk. Click here to get a free valuation.

Morehead Multiple 480 VOLTS | Paint Spray Booths

  • Machinery Dimensions: 34 x 28 x 21 FT
  • Air Handling Included: Yes
  • Model: Multiple
  • Manufacturer Name: Morehead
  • Machinery Weight: 10000 LBS
  • Year: 2015
  • Recommended Packaging Form: CUSTOM
  • Voltage: 480 VOLTS
  • Phase: 3
  • Located in: North America

We buy Morehead Multiple 480 VOLTS in bulk. Click here to get a free valuation.

MBC Aerosol 10713-05-02 aerosol cans | Aerosol Filling Lines

  • Machinery Dimensions: 26 x 32 x 64 IN
  • Product Sizing: adjustable
  • Serial Number: 10713-05-02
  • Manufacturer Name: MBC Aerosol
  • Products Run: AEROSOL CANS
  • Machinery Weight: 700 LBS
  • CE Marked: NO
  • Located in: CT, USA

We buy MBC Aerosol 10713-05-02 aerosol cans in bulk. Click here to get a free valuation.

Arca 50 HERTZ | Labelers

  • Machinery Weight: 1168.44 lb
  • Machinery Dimensions: 24.02 x 35.98 x 72.01 in
  • Manufacturer Name: Arca
  • Year: 2003
  • Frequency: 50 HERTZ
  • Located in: Europe

We buy Arca 50 HERTZ in bulk. Click here to get a free valuation.

Shimadzu | Miscellaneous Lab Equipment

  • Manufacturer Name: Shimadzu
  • Located in: North America

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

Glatt STAINLESS STEEL | Storage Bins

  • Machinery Dimensions: 43.31 x 43.31 x 43.31 in
  • Machinery Weight: 407.85 lb
  • Machinery Dimensions: 44.09 x 44.09 x 53.15 in
  • Manufacturer Name: Glatt
  • Machinery Weight: 368.17 lb
  • Material of Construction: STAINLESS STEEL
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Located in: Sao Paulo, Brazil

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

BCH STAINLESS STEEL 1102.30 lb 39.37 in 70.87 in 19.69 in 230/460 VOLTS 50/60 HERTZ | Mixing Vessels

  • Straight Side: 19.69 in
  • Overall Height: 70.87 in
  • Inside Diameter: 39.37 in
  • Machinery Dimensions: 39.37 x 39.37 x 70.87 in
  • Capacity Size of Vessel: 1102.30 lb
  • Manufacturer Name: BCH
  • Vertical or Horizontal: VERTICAL
  • Jacketed: YES
  • Agitation: YES
  • Installation Type: LEGS
  • Tank Material of Construction: STAINLESS STEEL
  • Machinery Weight: 1763.68 lb
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • CE Marked: NO
  • Phase: 3
  • Voltage: 230/460 VOLTS
  • Located in: Europe

We buy BCH STAINLESS STEEL 1102.30 lb 39.37 in 70.87 in 19.69 in 230/460 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Hudson Control Group 11139602 100-240 VOLTS 50/60 HERTZ | Microplate Handler/Stackers

  • Machinery Dimensions: 31.50 x 31.50 x 31.50 in
  • Serial Number: 11139602
  • Manufacturer Name: Hudson Control Group
  • Voltage: 100-240 VOLTS
  • Machinery Weight: 110.23 lb
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Antwerpen, Belgium

We buy Hudson Control Group 11139602 100-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Waters Q-TOF Premier HAA 204. 240 VOLTS 50/60 HERTZ | Mass Spectrometers

  • Machinery Weight: 1047.19 lb
  • Machinery Dimensions: 45.28 x 47.24 x 57.09 in
  • Model: Q-TOF Premier
  • Serial Number: HAA 204.
  • Manufacturer Name: Waters
  • Voltage: 240 VOLTS
  • Year: 2006
  • Type of Mass Spec: Q-TOF
  • Recommended Packaging Form: CRATE
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Basel, Switzerland

We buy Waters Q-TOF Premier HAA 204. 240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Oystar Iwk M/C 2015 J14C Jar EOL01 110.23 lb 120 RPM 6 BAR Not required 220-240 VOLTS 50/60 HERTZ 2.4 KW | Adhesive Equipment

  • Machinery Dimensions: 35.43 x 33.46 x 37.40 in
  • Current: 2.4 KW
  • Heating Cooling Requirements: Not required
  • Capacity Speed: 120 RPM
  • Model: M/C 2015 J14C
  • Serial Number: Jar EOL01
  • Manufacturer Name: Oystar Iwk
  • Capacity Size: 110.23 lb
  • Air Requirements: 6 BAR
  • Voltage: 220-240 VOLTS
  • Machinery Weight: 176.37 lb
  • Year: 2015
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Himachal Pradesh, India

We buy Oystar Iwk M/C 2015 J14C Jar EOL01 110.23 lb 120 RPM 6 BAR Not required 220-240 VOLTS 50/60 HERTZ 2.4 KW in bulk. Click here to get a free valuation.

Perkin Elmer MultiPROBE II HT EX | Sample Preparation

  • Model: MultiPROBE II HT EX
  • Manufacturer Name: Perkin Elmer
  • Located in: North America

We buy Perkin Elmer MultiPROBE II HT EX in bulk. Click here to get a free valuation.

Fabbe Primar 216 | Incubators

  • Machinery Dimensions: 18.31 x 15.75 x 29.53 in
  • Model: 216
  • Manufacturer Name: Fabbe Primar
  • Machinery Weight: 198.41 lb
  • Located in: SP, Brazil

We buy Fabbe Primar 216 in bulk. Click here to get a free valuation.

Sorvall Legend RT 115 VOLTS 50/60 HERTZ | Laboratory Centrifuges

  • Machinery Dimensions: 30 x 30 x 12 IN
  • Model: Legend RT
  • Manufacturer Name: Sorvall
  • Machinery Weight: 225 LBS
  • Voltage: 115 VOLTS
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Recommended Packaging Form: PALLET
  • Located in: MA, USA

We buy Sorvall Legend RT 115 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Apple 50/60 HERTZ STAINLESS STEEL BELT CONVEYOR | Conveyors

  • Machinery Dimensions: 59.06 x 19.69 x 59.06 in
  • Manufacturer Name: Apple
  • Type of Conveyors: BELT CONVEYOR
  • Machinery Weight: 881.84 lb
  • Material of Construction: STAINLESS STEEL
  • Frequency: 50/60 HERTZ
  • Located in: Europe

We buy Apple 50/60 HERTZ STAINLESS STEEL BELT CONVEYOR in bulk. Click here to get a free valuation.

Serac GAIA R4E2V2 520 | Fillers

  • Machinery Dimensions: 129.92 x 55.91 x 134.65 in
  • Model: GAIA R4E2V2 520
  • Manufacturer Name: Serac
  • Type of Filler: VIAL - AMPOULE
  • Machinery Weight: 3306.90 lb
  • Year: 2001
  • Located in: Europe

We buy Serac GAIA R4E2V2 520 in bulk. Click here to get a free valuation.

CTC Analytics HTS PAL | Liquid Handlers

  • Model: HTS PAL
  • Manufacturer Name: CTC Analytics
  • Located in: North America

We buy CTC Analytics HTS PAL in bulk. Click here to get a free valuation.

Arrow Engineering G | Miscellaneous

  • Machinery Dimensions: 43 x 25 x 26 IN
  • Manufacturer Name: Arrow Engineering
  • Model: G
  • Machinery Weight: 400 LBS
  • Located in: Forest, VA, USA

We buy Arrow Engineering G in bulk. Click here to get a free valuation.

PFM Packaging Machinery Hawk 160 U/MIN pet treats n/a BAR 230 VOLTS 60 HERTZ 15 AMPS | Flow Wrappers

  • Machinery Dimensions: 46.65 x 68.90 x 157.48 in
  • Capacity Details: 5 ft indeed conveyor, 2 ft discharge conveyor
  • Air Requirements: n/a BAR
  • Products Run: pet treats
  • Product Sizing: Length40-40mm. (Width 5-530mm.) (Height 140mm.)
  • Capacity Speed: 160 U/MIN
  • Capacity Size: variable speed up to 160 packs per minute SQ FT
  • Model: Hawk
  • Year: (2014) Delivered new in June 2015
  • Manufacturer Name: PFM Packaging Machinery
  • Heating Cooling Requirements: N/A
  • Voltage: 230 VOLTS
  • Machinery Weight: 1500 LBS
  • Current: 15 AMPS
  • Recommended Packaging Form: CRATE
  • CE Marked: YES
  • Phase: 1
  • Frequency: 60 HERTZ
  • Located in: North America

We buy PFM Packaging Machinery Hawk 160 U/MIN pet treats n/a BAR 230 VOLTS 60 HERTZ 15 AMPS in bulk. Click here to get a free valuation.

Custom Made 115/230 VOLTS 50/60 HERTZ | Food Equipment

  • Machinery Dimensions: 48 x 72 x 48 IN
  • Manufacturer Name: Custom Made
  • Voltage: 115/230 VOLTS
  • Machinery Weight: 1000 LBS
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: North America

We buy Custom Made 115/230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Bio Rad ChemiDoc XRS 76503408 230 VOLTS 50/60 HERTZ | Miscellaneous

  • Machinery Dimensions: 27.56 x 23.62 x 47.24 in
  • Model: ChemiDoc XRS
  • Serial Number: 76503408
  • Manufacturer Name: Bio Rad
  • Machinery Weight: 66.14 lb
  • Voltage: 230 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: Basel, Basel, Switzerland

We buy Bio Rad ChemiDoc XRS 76503408 230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Allegheny Bradford 036287-1-1-1 304 STAINLESS 316L STAINLESS 150 PSI 150 PSI | Heat Exchangers/Condensers

  • Machinery Dimensions: 82 x 18 x 23 IN
  • Number of Passes: 8
  • Tube Temperature Rating: 350 DEG F
  • Tube Pressure Rating: 150 PSI
  • Shell Temperature Rating: 350 DEG F
  • Shell Pressure Rating: 150 PSI
  • Tube Material of Construction: 316L STAINLESS
  • Shell Material of Construction: 304 STAINLESS
  • Capacity of Heat Exchanger: 172.1 SQ FT
  • National Board #: 6220
  • Serial Number: 036287-1-1-1
  • Manufacturer Name: Allegheny Bradford
  • Orientation: HORIZONTAL
  • Type of Heat Exchanger: SHELL AND TUBE
  • Machinery Weight: 800 LBS
  • Year: 2013
  • Recommended Packaging Form: CUSTOM
  • Located in: IN, USA

We buy Allegheny Bradford 036287-1-1-1 304 STAINLESS 316L STAINLESS 150 PSI 150 PSI in bulk. Click here to get a free valuation.

Flux Instrument 14318, 151 240 VOLTS 50 HERTZ | Miscellaneous

  • Machinery Dimensions: 23.82 x 9.45 x 6.69 in
  • Serial Number: 14318, 151
  • Manufacturer Name: Flux Instrument
  • Machinery Weight: 37.48 lb
  • Recommended Packaging Form: 19C (22X15X13)
  • Voltage: 240 VOLTS
  • Frequency: 50 HERTZ
  • Located in: Basel, Basel, Switzerland

We buy Flux Instrument 14318, 151 240 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Miele G 7783 CD 53087771 230 VOLTS 50 HERTZ | Miscellaneous

  • Machinery Dimensions: 36 x 29 x 53 IN
  • Model: G 7783 CD
  • Serial Number: 53087771
  • Manufacturer Name: Miele
  • Machinery Weight: 180 LBS
  • Voltage: 230 VOLTS
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 1
  • Located in: Forest, VA, USA

We buy Miele G 7783 CD 53087771 230 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Spirent GPS Constellation Simulator GSS7700 GSS7700 | Signal Testing Equipment

  • Model: GSS7700
  • Manufacturer Name: Spirent GPS Constellation Simulator GSS7700
  • Machinery Dimensions: 27.56 x 23.62 x 19.69 in
  • Machinery Weight: 66.14 lb
  • Located in: East Asia/Pacific

We buy Spirent GPS Constellation Simulator GSS7700 GSS7700 in bulk. Click here to get a free valuation.

Toyota 7FB25 27781 5511.50 lb Sit Down | Fork Lift Trucks

  • Machinery Dimensions: 135.83 x 45.28 x 84.65 in
  • Model: 7FB25
  • Serial Number: 27781
  • Battery Charger: No
  • Manufacturer Name: Toyota
  • Fork Size: 1000 long x 120 wide in
  • Mast Stages: TRIPLE
  • Stand Up/Sit Down: Sit Down
  • Lifting Device: FORK
  • Fuel: ELECTRIC
  • Machinery Weight: 8818.40 lb
  • Year: 2004
  • Capacity Size: 5511.50 lb
  • Located in: East Sussex, United Kingdom

We buy Toyota 7FB25 27781 5511.50 lb Sit Down in bulk. Click here to get a free valuation.

Rademaker | Depositors

  • Manufacturer Name: Rademaker
  • Machinery Weight: 1 LBS
  • Machinery Dimensions: 1 x 1 x 1 IN
  • Located in: North America

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