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

Surplus Machinery

Tektronix Inc. DPO4054 C020778 | Miscellaneous

  • Serial Number: C020778
  • Machinery Dimensions: 17 x 6 x 11 IN
  • Model: DPO4054
  • Manufacturer Name: Tektronix Inc.
  • Machinery Weight: 11 LBS
  • Recommended Packaging Form: 19C (22X15X13)
  • CE Marked: YES
  • Located in: San Jose, CA, USA

We buy Tektronix Inc. DPO4054 C020778 in bulk. Click here to get a free valuation.

Gocmen 1 | Baking Lines

  • Machinery Weight: LBS
  • Machinery Dimensions: 16.40 x 4.92 x 6.56 ft
  • Manufacturer Name: Gocmen
  • Model: 1
  • Year: 2005
  • Located in: Europe

We buy Gocmen 1 in bulk. Click here to get a free valuation.

LFA TDP 6 3000 TPH 0.98 in 0.71 in 220 VOLTS 50 HERTZ 1.1 KW | Tablet Presses

  • Machinery Dimensions: 30.31 x 15.75 x 28.35 in
  • Current: 1.1 KW
  • Maximum capacity (tablets per minute or hour): 3000 TPH
  • Model: TDP 6
  • Manufacturer Name: LFA
  • Maximum depth of fill: 0.71 in
  • No. of Stations: 1
  • Maximum tablet diameter: 0.98 in
  • Year: 2014
  • Machinery Weight: 374.78 lb
  • Frequency: 50 HERTZ
  • Voltage: 220 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Phase: 1
  • Located in: Europe

We buy LFA TDP 6 3000 TPH 0.98 in 0.71 in 220 VOLTS 50 HERTZ 1.1 KW in bulk. Click here to get a free valuation.

Pontifex 100 Cubic Meters 10006808, F3719/2 141.73 in 625.98 in 118.11 in 0.5 BAR STAINLESS STEEL | Vessels

  • Serial Number: 10006808, F3719/2
  • Machinery Weight: 20998.81 lb
  • Machinery Dimensions: 625.98 x 141.73 x 141.73 in
  • Pressure Rating (Pressure): 0.5 BAR
  • Straight Side (T/T): 13800mm
  • Inside Diameter: 118.11 in
  • Overall Height: 625.98 in
  • Outside Diameter: 141.73 in
  • Inlets/Outlets: 5 Inlets + 1 Outlet
  • Capacity Size: 100 CU M
  • Model: 100 Cubic Meters
  • Manufacturer Name: Pontifex
  • Top and Bottom Heads: DISHED TOP/DISHED BOTTOM
  • Pressure Rating (Temperature): 50 DEG C
  • Material of Construction: STAINLESS STEEL
  • Year: 2009
  • CE Marked: YES
  • Located in: Lincolnshire, United Kingdom

We buy Pontifex 100 Cubic Meters 10006808, F3719/2 141.73 in 625.98 in 118.11 in 0.5 BAR STAINLESS STEEL in bulk. Click here to get a free valuation.

Mecalor Industria e Comercio de Refrigeracao Ltda MCA-5-RI-220 0536/14 220 VOLTS 60 HERTZ 7.6 KW 5000 Kcal/h | Chillers

  • Serial Number: 0536/14
  • Current: 7.6 KW
  • Machinery Weight: 363.76 lb
  • Machinery Dimensions: 27.56 x 19.29 x 60.63 in
  • Tonnage: 5000 Kcal/h
  • Temperature Range: 5/25 DEG C
  • Model: MCA-5-RI-220
  • Manufacturer Name: Mecalor Industria e Comercio de Refrigeracao Ltda
  • Year: 2014
  • Voltage: 220 VOLTS
  • Frequency: 60 HERTZ
  • Recommended Packaging Form: PALLET
  • Located in: Sao Paulo, Brazil

We buy Mecalor Industria e Comercio de Refrigeracao Ltda MCA-5-RI-220 0536/14 220 VOLTS 60 HERTZ 7.6 KW 5000 Kcal/h in bulk. Click here to get a free valuation.

Kaykaz Rittal Rittal 400 VOLTS 50 HERTZ | Switchgears

  • Machinery Dimensions: 43.31 x 47.24 x 84.65 in
  • Serial Number: Rittal
  • Model: Rittal
  • Manufacturer Name: Kaykaz
  • Phase: 3+1
  • Voltage: 400 VOLTS
  • Machinery Weight: 1102.30 lb
  • Year: 2011
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Located in: Greece

We buy Kaykaz Rittal Rittal 400 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Sartorius TE64 26050508 60 G 0.1 MG 100-240 VOLTS 50/60 HERTZ | Balances

  • Machinery Dimensions: 10 x 8 x 12 IN
  • Capacity Size: 60 G
  • Serial Number: 26050508
  • Model: TE64
  • Machinery Weight: 20 Pounds
  • Degree of Precision: 0.1 MG
  • Manufacturer Name: Sartorius
  • Recommended Packaging Form: 19C (22X15X13)
  • Voltage: 100-240 VOLTS
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: IL, USA

We buy Sartorius TE64 26050508 60 G 0.1 MG 100-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Perkin Elmer Abi Prism 377 96071693 200-240 VOLTS 50/60 HERTZ | Sequencers

  • Machinery Weight: 121.25 lb
  • Machinery Dimensions: 31.50 x 23.62 x 35.43 in
  • Voltage: 200-240 VOLTS
  • Model: Abi Prism 377
  • Serial Number: 96071693
  • Year: 1996
  • Manufacturer Name: Perkin Elmer
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Located in: Antwerpen, Belgium

We buy Perkin Elmer Abi Prism 377 96071693 200-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Kilian RX-M 73/AM 480 VOLTS 60 HERTZ | Tablet Presses

  • Machinery Dimensions: 4 x 4 x 5 IN
  • No. of Stations: 73
  • Model: RX-M 73/AM
  • Manufacturer Name: Kilian
  • Machinery Weight: 7000 LBS
  • Pre-compression: YES
  • Keyed upper punch bores: YES
  • Year: 1993
  • Voltage: 480 VOLTS
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: North America

We buy Kilian RX-M 73/AM 480 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

CMD 12-16 HR 230/460 VOLTS 50/60 HERTZ | Vertical Form Fill Seal Machines

  • Machinery Dimensions: 78.74 x 59.06 x 70.87 in
  • Model: 12-16 HR
  • Manufacturer Name: CMD
  • Machinery Weight: 3306.90 lb
  • Year: 2002
  • Frequency: 50/60 HERTZ
  • Voltage: 230/460 VOLTS
  • Located in: North America

We buy CMD 12-16 HR 230/460 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Garvens S2 50 HERTZ | Check Weighers

  • Machinery Dimensions: 41.73 x 31.50 x 61.42 in
  • Model: S2
  • Manufacturer Name: Garvens
  • Machinery Weight: 661.38 lb
  • Year: 2000
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 1
  • Located in: Europe

We buy Garvens S2 50 HERTZ in bulk. Click here to get a free valuation.

Apex Inc 214S 50-340 KG/HR | Milling Machines

  • Machinery Dimensions: 98.43 x 47.24 x 70.87 in
  • Type Milling Machine: HORIZONTAL
  • Capacity Speed: 50-340 KG/HR
  • Model: 214S
  • Capacity Size: Screen area cm2 335 SQ FT
  • Manufacturer Name: Apex Inc
  • Machinery Weight: 330.69 lb
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy Apex Inc 214S 50-340 KG/HR in bulk. Click here to get a free valuation.

Mettler Toledo DP600S 32301011 1322.76 lb 8.82 lb 110-240 VOLTS 50/60 HERTZ | Scales

  • Machinery Dimensions: 33.07 x 51.18 x 3.15 in
  • Degree of Precision: 8.82 lb
  • Capacity Size: 1322.76 lb
  • Model: DP600S
  • Serial Number: 32301011
  • Voltage: 110-240 VOLTS
  • Manufacturer Name: Mettler Toledo
  • Machinery Weight: 132.28 lb
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Switzerland

We buy Mettler Toledo DP600S 32301011 1322.76 lb 8.82 lb 110-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Brizio Basi VF 30 0.04 in 0.04 in | Freeze Dryers

  • Machinery Dimensions: 106.30 x 39.37 x 74.80 in
  • Model: VF 30
  • Manufacturer Name: Brizio Basi
  • Distance Between Shelves: 0.04 in
  • Size of Shelves - length x width: 0.04 in
  • Number of Shelves: 1
  • Usable Shelf Area: 10.76 sq ft
  • Stoppering Capable: NO
  • Machinery Weight: 6613.80 lb
  • Located in: Europe

We buy Brizio Basi VF 30 0.04 in 0.04 in in bulk. Click here to get a free valuation.

Fisatom Equipamentos Cientificos Ltda 503 230 VOLTS 60 HERTZ 980 WATTS | Stirrers and Hot Plates

  • Machinery Dimensions: 7.09 x 7.09 x 4.33 in
  • Current: 980 WATTS
  • Model: 503
  • Manufacturer Name: Fisatom Equipamentos Cientificos Ltda
  • Machinery Weight: 4.41 lb
  • Voltage: 230 VOLTS
  • Recommended Packaging Form: CUSTOM
  • CE Marked: NO
  • Frequency: 60 HERTZ
  • Located in: Brazil

We buy Fisatom Equipamentos Cientificos Ltda 503 230 VOLTS 60 HERTZ 980 WATTS in bulk. Click here to get a free valuation.

Aczet Pvt.Ltd. CZ 3 | Balances

  • Model: CZ 3
  • Manufacturer Name: Aczet Pvt.Ltd.
  • Located in: North America

We buy Aczet Pvt.Ltd. CZ 3 in bulk. Click here to get a free valuation.

Engel VICTORY 200/50 480 VOLTS | Injection Molders

  • Machinery Dimensions: 141.34 x 50.83 x 70.08 in
  • Model: VICTORY 200/50
  • Manufacturer Name: Engel
  • Machinery Weight: 11463.92 lb
  • CE Marked: YES
  • Voltage: 480 VOLTS
  • Phase: 3
  • Located in: Latin America

We buy Engel VICTORY 200/50 480 VOLTS in bulk. Click here to get a free valuation.

Bernhardt MSB11P1D 9.0 AMPS 50 HERTZ | Heat Sealers

  • Machinery Dimensions: 51.18 x 39.37 x 70.87 in
  • Model: MSB11P1D
  • Current: 9.0 AMPS
  • Manufacturer Name: Bernhardt
  • Volts: 230
  • Machinery Weight: 330.69 lb
  • Year: 2014
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Located in: Wales, United Kingdom

We buy Bernhardt MSB11P1D 9.0 AMPS 50 HERTZ in bulk. Click here to get a free valuation.

Better Packages Inc | Miscellaneous

  • Manufacturer Name: Better Packages Inc
  • Machinery Weight: 50 Pounds
  • Machinery Dimensions: 16 x 12 x 12 IN
  • Located in: Forest, VA, USA

We buy Better Packages Inc in bulk. Click here to get a free valuation.

Thermo Scientific Cimarec 115 VOLTS 50/60 HERTZ | Stirrers and Hot Plates

  • Machinery Dimensions: 14 x 17 x 3 IN
  • Model: Cimarec
  • Manufacturer Name: Thermo Scientific
  • Machinery Weight: 15 LBS
  • Voltage: 115 VOLTS
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: PR, USA

We buy Thermo Scientific Cimarec 115 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

IMA BFB ms500 50 U/MIN | Wrappers/Overwrappers/Bundlers

  • Machinery Dimensions: 116.14 x 51.18 x 74.80 in
  • Manufacturer Name: IMA BFB
  • Model: MS500
  • Capacity Speed: 50 U/MIN
  • Machinery Weight: 1763.68 lb
  • Located in: Europe

We buy IMA BFB ms500 50 U/MIN in bulk. Click here to get a free valuation.

Thirode M00738 380 VOLTS 50 HERTZ 2 KW STAINLESS STEEL | Seasoners

  • Serial Number: M00738
  • Machinery Dimensions: 39.37 x 15.75 x 3.94 in
  • Manufacturer Name: Thirode
  • Current: 2 KW
  • Machinery Weight: 0.00 lb
  • Voltage: 380 VOLTS
  • Material of Construction: STAINLESS STEEL
  • Frequency: 50 HERTZ
  • Phase: 3
  • Located in: Spain

We buy Thirode M00738 380 VOLTS 50 HERTZ 2 KW STAINLESS STEEL in bulk. Click here to get a free valuation.

Nissei ASB-650NHII 480 VOLTS 100 AMPS ? BAR 64 OZ 6 FT | Blow Molders

  • Machinery Dimensions: 20 x 9 x 10 FT
  • Diameter: 6 FT
  • Capacity Speed: 123312 CU FT/MIN
  • Capacity Size: 64 OZ
  • Air Requirements: ? BAR
  • Spare/Change Parts: NO
  • Model: ASB-650NHII
  • Machinery Weight: 30000 LBS
  • Manufacturer Name: Nissei
  • Manual Available: YES
  • Maintenance Log/Records Available: NO
  • MSDS Available: NO
  • Frequency: 60
  • Current: 100 AMPS
  • Year: 1996
  • Condition: GOOD
  • Recommended Packaging Form: CUSTOM
  • Voltage: 480 VOLTS
  • Phase: 3
  • Located in: North America

We buy Nissei ASB-650NHII 480 VOLTS 100 AMPS ? BAR 64 OZ 6 FT in bulk. Click here to get a free valuation.

Mettler Toledo XS3 35005993 1200 G 330 CPM 100/240 VOLTS 50 HERTZ | Check Weighers

  • Machinery Dimensions: 140.55 x 43.31 x 88.58 in
  • Capacity Speed: 330 CPM
  • Capacity Size: 1200 G
  • Model: XS3
  • Serial Number: 35005993
  • Machinery Weight: 1796.75 lb
  • Auto Reject: YES
  • Manufacturer Name: Mettler Toledo
  • Voltage: 100/240 VOLTS
  • Year: 2015
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 1
  • Located in: Wales, United Kingdom

We buy Mettler Toledo XS3 35005993 1200 G 330 CPM 100/240 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Italdibipack 4255 1 CPM 220 VOLTS 50/60 HERTZ 16 AMPS | Induction Sealers

  • Machinery Dimensions: 48.43 x 29.53 x 51.18 in
  • Capacity Speed: 1 CPM
  • Model: 4255
  • Manufacturer Name: Italdibipack
  • Current: 16 AMPS
  • Machinery Weight: 264.55 lb
  • Voltage: 220 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Europe

We buy Italdibipack 4255 1 CPM 220 VOLTS 50/60 HERTZ 16 AMPS in bulk. Click here to get a free valuation.

Waldys 33 30 BPM 400 VOLTS 50 HERTZ INTERMITTENT MOTION | Tray Packers

  • Method: INTERMITTENT MOTION
  • Package Shape: Irregular
  • Packages/Minute: 30
  • Model: 33
  • Manufacturer Name: Waldys
  • Capacity Speed: 30 BPM
  • Machinery Dimensions: 0.00 x 0.00 x 0.00 in
  • Machinery Weight: 1763.68 lb
  • Voltage: 400 VOLTS
  • Frequency: 50 HERTZ
  • Phase: 3
  • Located in: Europe

We buy Waldys 33 30 BPM 400 VOLTS 50 HERTZ INTERMITTENT MOTION in bulk. Click here to get a free valuation.

Tease Eletronica Ltda AP55-125 TEM 14010 60 HERTZ | Transformers

  • Serial Number: 14010
  • KVA: 75
  • Machinery Dimensions: 18.90 x 26.77 x 47.24 in
  • Model: AP55-125 TEM
  • Manufacturer Name: Tease Eletronica Ltda
  • Machinery Weight: 705.47 lb
  • Year: 2014
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: MG, Brazil

We buy Tease Eletronica Ltda AP55-125 TEM 14010 60 HERTZ in bulk. Click here to get a free valuation.

Jetco 10 VOLTS | Torquers and Retorquers

  • Machinery Dimensions: 5 x 10 x 5 IN
  • Voltage: 10 VOLTS
  • Manufacturer Name: Jetco
  • Machinery Weight: 7 LBS
  • Located in: PR, USA

We buy Jetco 10 VOLTS in bulk. Click here to get a free valuation.

Seimens 200 HP 460 VOLTS 60 HERTZ | Miscellaneous

  • Machinery Dimensions: 31 x 28 x 20 IN
  • Horsepower or Kilowatts: 200 HP
  • Manufacturer Name: Seimens
  • Voltage: 460 VOLTS
  • Machinery Weight: 1500 LBS
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Mexico, MO, USA

We buy Seimens 200 HP 460 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Pneumatic Scale Corporation DK 24168 Laundry Detergent 30 BPM 480 VOLTS | Fillers

  • Machinery Weight: 9100 LBS
  • Machinery Dimensions: 632 x 114 x 120 IN
  • Current Application (Products,Sizes Run and Shape of Bottle): Laundry Detergent
  • Model: DK
  • Serial Number: 24168
  • Manufacturer Name: Pneumatic Scale Corporation
  • Average operating speed: 30 BPM
  • Number of heads: 12
  • Type of Filler: VOLUMETRIC
  • Voltage: 480 VOLTS
  • Located in: LA, USA

We buy Pneumatic Scale Corporation DK 24168 Laundry Detergent 30 BPM 480 VOLTS in bulk. Click here to get a free valuation.

Schneider ROBUSTO FL 350 771.61 lb | Pallet Jacks

  • Machinery Dimensions: 51.18 x 43.31 x 59.06 in
  • Model: ROBUSTO FL 350
  • Capacity Size: 771.61 lb
  • Manufacturer Name: Schneider
  • Machinery Weight: 220.46 lb
  • Recommended Packaging Form: CUSTOM
  • Year: 1998
  • Located in: Europe

We buy Schneider ROBUSTO FL 350 771.61 lb in bulk. Click here to get a free valuation.

Loma Superscan Micro | Metal Detectors

  • Machinery Dimensions: 31.50 x 1640.42 x 31.50 in
  • Model: Superscan Micro
  • Manufacturer Name: Loma
  • Machinery Weight: 88.18 lb
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy Loma Superscan Micro in bulk. Click here to get a free valuation.

Trane 135/02 AHU 20a 400 VOLTS 50 HERTZ | Air Handlers

  • Machinery Dimensions: 350.39 x 157.48 x 149.61 in
  • Model: 135/02
  • Serial Number: AHU 20a
  • Manufacturer Name: Trane
  • Machinery Weight: 9920.70 lb
  • Capacity Size: lb
  • Phase: 3+1
  • Voltage: 400 VOLTS
  • Year: 2011
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Located in: Greece

We buy Trane 135/02 AHU 20a 400 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Solidpack LPA101 1005 | Packaging Lines

  • Model: LPA101
  • Manufacturer Name: Solidpack
  • Serial Number: 1005
  • Year: 2011
  • CE Marked: YES
  • Located in: Poland

We buy Solidpack LPA101 1005 in bulk. Click here to get a free valuation.

Tease Eletronica Ltda AP55-125 TEM 14012 60 HERTZ | Transformers

  • Machinery Dimensions: 18.90 x 26.77 x 47.24 in
  • KVA: 125
  • Model: AP55-125 TEM
  • Serial Number: 14012
  • Manufacturer Name: Tease Eletronica Ltda
  • Machinery Weight: 705.47 lb
  • Year: 2014
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: MG, Brazil

We buy Tease Eletronica Ltda AP55-125 TEM 14012 60 HERTZ in bulk. Click here to get a free valuation.

Groen DA-500 500 GALS 80 PSI | Stainless Steel Kettles

  • Machinery Dimensions: 186 x 79 x 68 IN
  • Capacity Size: 500 GALS
  • Model: DA-500
  • Internal Temperature Rating: 325 DEG F
  • Internal Pressure Rating: 80 PSI
  • Year: 1969
  • Manufacturer Name: Groen
  • How Many Types of Agitation: DOUBLE
  • Agitation: YES
  • Machinery Weight: 2 LBS
  • Recommended Packaging Form: CUSTOM
  • Located in: MA, USA

We buy Groen DA-500 500 GALS 80 PSI in bulk. Click here to get a free valuation.

APV Crepaco Inc. AT 4-84A 928459 220 VOLTS 60 HERTZ 35 AMPS | Cooling Towers

  • Machinery Dimensions: 4.59 x 6.89 x 3.94 ft
  • Model: AT 4-84A
  • Serial Number: 928459
  • Manufacturer Name: APV Crepaco Inc.
  • Current: 35 AMPS
  • Year: 2014
  • Machinery Weight: 1543.22 lb
  • Voltage: 220 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Nicaragua

We buy APV Crepaco Inc. AT 4-84A 928459 220 VOLTS 60 HERTZ 35 AMPS in bulk. Click here to get a free valuation.

Bell and Gossett 30 HP | Miscellaneous

  • Machinery Dimensions: 55 x 21 x 26 IN
  • Machinery Dimensions: 110 x 21 x 26 IN
  • Horsepower: 30 HP
  • Manufacturer Name: Bell and Gossett
  • Machinery Weight: 450 LBS
  • Machinery Weight: 900 LBS
  • Located in: Mexico, MO, USA

We buy Bell and Gossett 30 HP in bulk. Click here to get a free valuation.

WATERS Alliance 2475 | HPLC

  • Model: 2475
  • Manufacturer Name: WATERS Alliance
  • Located in: North America

We buy WATERS Alliance 2475 in bulk. Click here to get a free valuation.

Agierre S.r.l. AGR300.GMA N°AG00342 5.5 KW 3.33 METERS/MIN 380 VOLTS 50 HERTZ 8.3 AMPS | Material Handling

  • Machinery Dimensions: 59.06 x 11.81 x 68.90 in
  • Model: AGR300.GMA N°AG00342
  • Year: 2016
  • Air Requirements: 1000NL/MIN AT 6bar BAR
  • Current: 8.3 AMPS
  • Product Sizing: two units vacuum pump and lift with transfer unit
  • Capacity Speed: 3.33 METERS/MIN
  • Capacity Size: 5.5 KW
  • Manufacturer Name: Agierre S.r.l.
  • Machinery Weight: 661.38 lb
  • Voltage: 380 VOLTS
  • Recommended Packaging Form: CRATE
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 3
  • Located in: Europe

We buy Agierre S.r.l. AGR300.GMA N°AG00342 5.5 KW 3.33 METERS/MIN 380 VOLTS 50 HERTZ 8.3 AMPS in bulk. Click here to get a free valuation.