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

Surplus Machinery

Endress and Hauser Promass F500 100-230 VOLTS | Flow Meters

  • Machinery Dimensions: 19.69 x 19.69 x 15.75 in
  • Model: Promass F500
  • Current: 4 - 20 MILLIAMPS
  • Manufacturer Name: Endress and Hauser
  • Heating Cooling Requirements: N/A
  • Voltage: 100-230 VOLTS
  • Machinery Weight: 110.23 lb
  • Year: 2017
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy Endress and Hauser Promass F500 100-230 VOLTS in bulk. Click here to get a free valuation.

Krones K-323-209 Sensometic K-323-209 12000 BPM 15000 BPM | Fillers

  • Machinery Dimensions: 19.69 x 13.12 x 137.80 ft
  • Pitch (center line from nozzle to nozzle): 113
  • Number of heads: 60
  • Max operating speed: 15000 BPM
  • Average operating speed: 12000 BPM
  • Current Application (Products,Sizes Run and Shape of Bottle): regular 0.5 and 1.5 L pet bottles
  • Model: K-323-209 Sensometic
  • Serial Number: K-323-209
  • Manufacturer Name: Krones
  • Machinery Weight: 39682.80 lb
  • Type of Filler: ROTARY
  • Year: 2007
  • CE Marked: YES
  • Located in: Israel

We buy Krones K-323-209 Sensometic K-323-209 12000 BPM 15000 BPM in bulk. Click here to get a free valuation.

USHIO PE-250T2GS | Front End Metrology Inspection

  • Model: PE-250T2GS
  • Manufacturer Name: USHIO
  • Machinery Dimensions: 96 x 60 x 72 IN
  • Year: 1991
  • Machinery Weight: 2500 LBS
  • Recommended Packaging Form: CUSTOM
  • Located in: East Asia/Pacific

We buy USHIO PE-250T2GS in bulk. Click here to get a free valuation.

Edwards E2M18 | Miscellaneous Lab Equipment

  • Model: E2M18
  • Manufacturer Name: Edwards
  • Located in: North America

We buy Edwards E2M18 in bulk. Click here to get a free valuation.

Eirich Machines Lt R08W C00289 HIGH INTENSITY 575 VOLTS 60 HERTZ 27 AMPS 19.82 gal | Mixers

  • Machinery Dimensions: 66 x 32 x 77 IN
  • Capacity Size: 19.82 gal
  • Current: 27 AMPS
  • Model: R08W
  • Serial Number: C00289
  • Motor HP: 25
  • Manufacturer Name: Eirich Machines Lt
  • Type of mixer: HIGH INTENSITY
  • Voltage: 575 VOLTS
  • Year: 1992
  • Machinery Weight: 4000 LBS
  • Jacketed: NO
  • CE Marked: NO
  • Recommended Packaging Form: CUSTOM PALLET
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: ON, Canada

We buy Eirich Machines Lt R08W C00289 HIGH INTENSITY 575 VOLTS 60 HERTZ 27 AMPS 19.82 gal in bulk. Click here to get a free valuation.

Etipack Unknown | Labelers

  • Machinery Dimensions: 98.43 x 51.18 x 78.74 in
  • Manufacturer Name: Etipack
  • Machinery Weight: 881.84 lb
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

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

Aczet Pvt.Ltd. CZ 6N | Balances

  • Model: CZ 6N
  • Manufacturer Name: Aczet Pvt.Ltd.
  • Located in: North America

We buy Aczet Pvt.Ltd. CZ 6N in bulk. Click here to get a free valuation.

Genie GS-3246 19548 184.98 gal | Miscellaneous

  • Machinery Weight: 5100 LBS
  • Machinery Dimensions: 96 x 47 x 95 IN
  • Model: GS-3246
  • Capacity Size: 184.98 gal
  • Serial Number: 19548
  • Manufacturer Name: Genie
  • Type of Lift: SCISSOR
  • Year: 1999
  • Located in: Forest, VA, USA

We buy Genie GS-3246 19548 184.98 gal in bulk. Click here to get a free valuation.

Marvel Scientific 6CAR-TE 115 VOLTS 60 HERTZ 3.3 AMPS | Miscellaneous

  • Machinery Weight: 97 LBS
  • Machinery Dimensions: 25 x 25 x 35 IN
  • Current: 3.3 AMPS
  • Model: 6CAR-TE
  • Type of Refrigerator: UNDERCOUNTER
  • Manufacturer Name: Marvel Scientific
  • Voltage: 115 VOLTS
  • Phase: 1
  • Frequency: 60 HERTZ
  • Recommended Packaging Form: PALLET
  • Located in: Forest, VA, USA

We buy Marvel Scientific 6CAR-TE 115 VOLTS 60 HERTZ 3.3 AMPS in bulk. Click here to get a free valuation.

Longford C700W12-318FSM 55161-02 120 VOLTS | Inserting/Outserting Machines

  • Machinery Dimensions: 56 x 33 x 100 IN
  • Model: C700W12-318FSM
  • Serial Number: 55161-02
  • Manufacturer Name: Longford
  • Machinery Weight: 250 LBS
  • Voltage: 120 VOLTS
  • Located in: CA, USA

We buy Longford C700W12-318FSM 55161-02 120 VOLTS in bulk. Click here to get a free valuation.

Agilent Technologies G5400A USS2010470003 100-240 VOLTS 50/60 HERTZ | Miscellaneous

  • Serial Number: USS2010470003
  • Machinery Weight: 44.09 lb
  • Machinery Dimensions: 19.69 x 11.81 x 27.56 in
  • Model: G5400A
  • Manufacturer Name: Agilent Technologies
  • Voltage: 100-240 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Located in: Bridgend , Wales, United Kingdom

We buy Agilent Technologies G5400A USS2010470003 100-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Boschert GmbH and Co Multipunch 1500 13 0.25 in 125.98 in 59.06 in 400 VOLTS 50 HERTZ 25 KVA | Turret Punch

  • Machinery Dimensions: 295.28 x 206.69 x 86.61 in
  • Current: 25 KVA
  • Number of Turret Stations: 8
  • Travel Y-Axis: 59.06 in
  • Travel X-Axis: 125.98 in
  • Tonnage Rating: TONS
  • Model: Multipunch 1500
  • Serial Number: 13
  • Manufacturer Name: Boschert GmbH and Co
  • Maximum Hole Diameter: in
  • Maximum Thickness Capacity: 0.25 in
  • Maximum Sheet Width: in
  • Maximum Sheet Length: in
  • Machinery Weight: 33069.00 lb
  • Voltage: 400 VOLTS
  • Type of Control: CNC
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Year: 2012
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: Jalisco, Mexico

We buy Boschert GmbH and Co Multipunch 1500 13 0.25 in 125.98 in 59.06 in 400 VOLTS 50 HERTZ 25 KVA in bulk. Click here to get a free valuation.

Allerton Engineering Ltd. 1400 Liter no plate found 369.96 gal STAINLESS STEEL | Tanks

  • Machinery Dimensions: 41.34 x 49.21 x 122.05 in
  • Model: 1400 Liter
  • How Many Types of Agitation: SINGLE
  • Type of Bottom Head: DISHED
  • Capacity of Tank: 369.96 gal
  • Serial Number: no plate found
  • Manufacturer Name: Allerton Engineering Ltd.
  • Vertical or Horizontal: VERTICAL
  • Agitation: YES
  • Installation Type: LEGS
  • Type of Top Head: FLAT
  • Tank Material of Construction: STAINLESS STEEL
  • Machinery Weight: 881.84 lb
  • Jacketed: NO
  • CE Marked: NO
  • Located in: Lancashire, United Kingdom

We buy Allerton Engineering Ltd. 1400 Liter no plate found 369.96 gal STAINLESS STEEL in bulk. Click here to get a free valuation.

Siemens Duplex Softener 1080/110031-0100 120 GPM 120 VOLTS 60 HERTZ | Water Purification and Still Systems

  • Machinery Weight: 3750 LBS
  • Machinery Dimensions: 156 x 60 x 96 IN
  • Capacity Speed: 120 GPM
  • Model: Duplex Softener
  • Serial Number: 1080/110031-0100
  • Manufacturer Name: Siemens
  • Recommended Packaging Form: CUSTOM
  • Phase: 1
  • Voltage: 120 VOLTS
  • Frequency: 60 HERTZ
  • Located in: PR, USA

We buy Siemens Duplex Softener 1080/110031-0100 120 GPM 120 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Budzar Industries 10T-360300-GOM-SP 201301-21487 480 VOLTS 60 HERTZ 150 PSI | Boilers

  • Machinery Dimensions: 235 x 111 x 103 IN
  • Pressure Rating (Temperature): 428 DEG F
  • Model: 10T-360300-GOM-SP
  • Serial Number: 201301-21487
  • Manufacturer Name: Budzar Industries
  • Boiler Type: OIL
  • Fuel Type: ELECTRIC
  • Pressure Rating (Pressure): 150 PSI
  • Machinery Weight: 6000 LBS
  • Year: 2013
  • Recommended Packaging Form: CRATE
  • Voltage: 480 VOLTS
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: MA, USA

We buy Budzar Industries 10T-360300-GOM-SP 201301-21487 480 VOLTS 60 HERTZ 150 PSI in bulk. Click here to get a free valuation.

Busch NP0250.ALL6.000B U074908365 | Miscellaneous

  • Serial Number: U074908365
  • 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 U074908365 in bulk. Click here to get a free valuation.

Gen Lab M6C 91C178 CARBON STEEL 230 VOLTS 50/60 HERTZ 2 AMPS | Lab Ovens

  • Machinery Dimensions: 11.81 x 12.60 x 14.57 in
  • Chamber Dimensions: 200 x 230 x 150 in
  • Temperature Range: 0 to 240 DEG C
  • Model: M6C
  • Serial Number: 91C178
  • Manufacturer Name: Gen Lab
  • Current: 2 AMPS
  • Machinery Weight: 44.09 lb
  • Voltage: 230 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Material of Construction: CARBON STEEL
  • Phase: 1
  • Located in: Wales, United Kingdom

We buy Gen Lab M6C 91C178 CARBON STEEL 230 VOLTS 50/60 HERTZ 2 AMPS in bulk. Click here to get a free valuation.

Triple S Dynamics STAINLESS STEEL VIBRATING CONVEYOR | Conveyors

  • Machinery Dimensions: 400 x 100 x 60 IN
  • Manufacturer Name: Triple S Dynamics
  • Type of Conveyors: VIBRATING CONVEYOR
  • Material of Construction: STAINLESS STEEL
  • Machinery Weight: 5000 LBS
  • Located in: LA, USA

We buy Triple S Dynamics STAINLESS STEEL VIBRATING CONVEYOR in bulk. Click here to get a free valuation.

Collette GRAL600 158.56 gal 380 VOLTS 50 HERTZ 37 KW 600 L | Granulators

  • Capacity Details: 600 L
  • Capacity Speed: Rotational speed, chopper rpm 1500, 3000 RPM
  • Model: GRAL600
  • Manufacturer Name: Collette
  • Machinery Dimensions: 118.11 x 78.74 x 90.55 in
  • Capacity Size: 158.56 gal
  • Current: 37 KW
  • Machinery Weight: 6613.80 lb
  • Voltage: 380 VOLTS
  • Frequency: 50 HERTZ
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy Collette GRAL600 158.56 gal 380 VOLTS 50 HERTZ 37 KW 600 L in bulk. Click here to get a free valuation.

Busch NP0250.ALL6.000B U084406904 | Miscellaneous

  • Serial Number: U084406904
  • 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 U084406904 in bulk. Click here to get a free valuation.

Apple 0.00 lb 50/60 HERTZ | Blenders

  • Machinery Dimensions: 49.21 x 49.21 x 49.21 in
  • Type of Blender: Paddle
  • Capacity Size: 0.00 lb
  • Manufacturer Name: Apple
  • Machinery Weight: 330.69 lb
  • Year: 2007
  • Frequency: 50/60 HERTZ
  • Located in: Europe

We buy Apple 0.00 lb 50/60 HERTZ in bulk. Click here to get a free valuation.

Roylan Developments Ltd. APOD0012 | Humidifier/Dehumidifiers

  • Machinery Dimensions: 48 x 36 x 40 IN
  • Model: APOD0012
  • Manufacturer Name: Roylan Developments Ltd.
  • Machinery Weight: 150 LBS
  • CE Marked: YES
  • Located in: North America

We buy Roylan Developments Ltd. APOD0012 in bulk. Click here to get a free valuation.

Jasco PU-1580 | HPLC

  • Model: PU-1580
  • Manufacturer Name: Jasco
  • Located in: North America

We buy Jasco PU-1580 in bulk. Click here to get a free valuation.

Minnesota Automation P-60M 50/60 HERTZ | Miscellaneous Feeders

  • Machinery Dimensions: 36 x 30 x 66 IN
  • Model: P-60M
  • Manufacturer Name: Minnesota Automation
  • Machinery Weight: 1000 LBS
  • Frequency: 50/60 HERTZ
  • Located in: North America

We buy Minnesota Automation P-60M 50/60 HERTZ in bulk. Click here to get a free valuation.

Agilent Technologies 1100 DIODE ARRAY | HPLC

  • Machinery Dimensions: 6 x 5 x 35 IN
  • Sample Capacity: 96
  • Machinery Weight: 100 LBS
  • Model: 1100
  • Type of Pump for HPLC: QUATERNARY
  • Type of Detector for HPLC: DIODE ARRAY
  • Manufacturer Name: Agilent Technologies
  • Recommended Packaging Form: CUSTOM
  • Located in: North America

We buy Agilent Technologies 1100 DIODE ARRAY in bulk. Click here to get a free valuation.

Graham Corporation RF250 440055 07572 PET Bottles 6 BAR 400 VOLTS 50 HERTZ 31 AMPS | Labelers

  • Machinery Dimensions: 250.00 x 62.99 x 94.49 in
  • Current: 31 AMPS
  • Location of Labels on Product: Full
  • Model: RF250
  • Serial Number: 440055 07572
  • Manufacturer Name: Graham Corporation
  • Products Run: PET bottles
  • Type of Labeler: SLEEVE
  • Application Type: BLOW
  • Machinery Weight: 3306.90 lb
  • Voltage: 400 VOLTS
  • Air Requirements: 6 BAR
  • Number of Labeling Heads: 1
  • Year: 2013
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: Hungary

We buy Graham Corporation RF250 440055 07572 PET Bottles 6 BAR 400 VOLTS 50 HERTZ 31 AMPS in bulk. Click here to get a free valuation.

Unknown | Multimeters

  • Machinery Dimensions: 17 x 13 x 11 IN
  • Machinery Weight: 30 LBS
  • Recommended Packaging Form: 19C (22X15X13)
  • Located in: MA, USA

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

MVG 8000304 22569/91116 STAINLESS STEEL 380 VOLTS 50 HERTZ | Vacuum Ovens

  • Machinery Dimensions: 39.37 x 64.96 x 80.71 in
  • Number of Shelves: 5
  • Temperature Range: 95 DEG C
  • Model: 8000304
  • Serial Number: 22569/91116
  • Manufacturer Name: MVG
  • Year: 1991
  • Voltage: 380 VOLTS
  • Machinery Weight: 1102.30 lb
  • Material of Construction: STAINLESS STEEL
  • Frequency: 50 HERTZ
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: Wales, United Kingdom

We buy MVG 8000304 22569/91116 STAINLESS STEEL 380 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Kraemer Elektronik CIW6.2 03190308 100/240 VOLTS 50/60 HERTZ 3.15 AMPS | Check Weighers

  • Model: CIW6.2
  • Serial Number: 03190308
  • Manufacturer Name: Kraemer Elektronik
  • Current: 3.15 AMPS
  • Machinery Dimensions: 19.69 x 19.69 x 19.69 in
  • Voltage: 100/240 VOLTS
  • Year: 2008
  • Machinery Weight: 220.46 lb
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Debrecen, Hungary

We buy Kraemer Elektronik CIW6.2 03190308 100/240 VOLTS 50/60 HERTZ 3.15 AMPS in bulk. Click here to get a free valuation.

Pack Service Srl 380 VOLTS 50 HERTZ | Case Packers

  • Machinery Dimensions: 102.36 x 98.43 x 76.77 in
  • Manufacturer Name: Pack Service Srl
  • Machinery Weight: 1653.45 lb
  • Voltage: 380 VOLTS
  • Frequency: 50 HERTZ
  • Year: 1998
  • Located in: Europe

We buy Pack Service Srl 380 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Miele 230-460 VOLTS | Assembly Packaging

  • Machinery Weight: 5500 LBS
  • Machinery Dimensions: 243 x 60 x 105 IN
  • Manufacturer Name: Miele
  • Voltage: 230-460 VOLTS
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: MA, USA

We buy Miele 230-460 VOLTS in bulk. Click here to get a free valuation.

Huber UC006 EM0061162413N10091222 | Miscellaneous

  • Serial Number: EM0061162413N10091222
  • Machinery Weight: 179 LBS
  • Machinery Dimensions: 28 x 20 x 84 IN
  • Model: UC006
  • Manufacturer Name: Huber
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: San Jose, CA, USA

We buy Huber UC006 EM0061162413N10091222 in bulk. Click here to get a free valuation.

Hewlett Packard 8593E 3710A03009 115-230 VOLTS 50/60 HERTZ 300 VA | Miscellaneous

  • Serial Number: 3710A03009
  • Machinery Dimensions: 19 x 15 x 8 IN
  • Model: 8593E
  • Manufacturer Name: Hewlett Packard
  • Current: 300 VA
  • Machinery Weight: 36 LBS
  • Voltage: 115-230 VOLTS
  • Recommended Packaging Form: 20C (28X20X20)
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Hillsboro, OR, USA

We buy Hewlett Packard 8593E 3710A03009 115-230 VOLTS 50/60 HERTZ 300 VA in bulk. Click here to get a free valuation.

Metrohm 492286 50/60 HERTZ | Titrators

  • Machinery Dimensions: 3.94 x 3.94 x 7.87 in
  • Serial Number: 492286
  • Manufacturer Name: Metrohm
  • Machinery Weight: 2.20 lb
  • Year: 2015
  • Frequency: 50/60 HERTZ
  • Located in: Basel, Switzerland

We buy Metrohm 492286 50/60 HERTZ in bulk. Click here to get a free valuation.

Mettler Toledo M400 FF 1239427296 50/60 HERTZ | Conductivity Meters

  • Serial Number: 1239427296
  • Machinery Dimensions: 24.80 x 8.27 x 8.27 in
  • Model: M400 FF
  • Machinery Weight: 19.84 lb
  • Manufacturer Name: Mettler Toledo
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Located in: Singapore, Singapore

We buy Mettler Toledo M400 FF 1239427296 50/60 HERTZ in bulk. Click here to get a free valuation.

VideoJet 1710 90 PSI 100-240 VOLTS 50/60 HERTZ 3 AMPS INK JET | Printing or Code Markers

  • Machinery Dimensions: 24 x 25 x 60 IN
  • Mounted on What: Cart
  • Model: 1710
  • Manufacturer Name: VideoJet
  • Current: 3 AMPS
  • Machinery Weight: 150 LBS
  • Method of Code Dater: INK JET
  • Air Requirements: 90 PSI
  • Voltage: 100-240 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: North America

We buy VideoJet 1710 90 PSI 100-240 VOLTS 50/60 HERTZ 3 AMPS INK JET 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.

Lanzini ELECTRICALLY HEATED 220/380 VOLTS 50/60 HERTZ | Drying Ovens

  • Machinery Dimensions: 74.80 x 35.43 x 66.93 in
  • Manufacturer Name: Lanzini
  • Temperature Range: 70 DEG C
  • Voltage: 220/380 VOLTS
  • Heating or Cooling Source: ELECTRICALLY HEATED
  • Machinery Weight: 1278.67 lb
  • Frequency: 50/60 HERTZ
  • Year: 1998
  • Located in: Europe

We buy Lanzini ELECTRICALLY HEATED 220/380 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Pierre Guerin 600 LITERS 158.56 gal STAINLESS STEEL 31.18 in 82.68 in | Tanks

  • Machinery Dimensions: 51.18 x 82.68 x 51.18 in
  • Model: 600 LITERS
  • Inside Diameter: 31.18 in
  • Year: 14987
  • Manufacturer Name: Pierre Guerin
  • Overall Height: 82.68 in
  • Capacity of Tank: 158.56 gal
  • Straight Side: in
  • Jacketed: YES
  • Agitation: YES
  • Tank Material of Construction: STAINLESS STEEL
  • Machinery Weight: 1102.30 lb
  • Located in: Europe

We buy Pierre Guerin 600 LITERS 158.56 gal STAINLESS STEEL 31.18 in 82.68 in in bulk. Click here to get a free valuation.

IWKA TU100 50 BPM 100 BPM 20/30/40/55/70 mm 415 VOLTS 50 HERTZ 7 AMPS | Fillers

  • Machinery Weight: 3637.59 lb
  • Machinery Dimensions: 78.74 x 62.99 x 101.57 in
  • Inside Diameter and Length of Stroke of Fill Piston: 20/30/40/55/70 mm
  • Max operating speed: 100 BPM
  • Average operating speed: 50 BPM
  • Application Range (Ex Min/Max Range Size Bottles or Tubes, Shape of Bottle): Tube diameter range: 10-50 mm
  • Can Seller Provide a Sample of Product Run: Filling volume: 2.5-500 ml
  • Current Application (Products,Sizes Run and Shape of Bottle): Tube
  • Model: TU100
  • Manufacturer Name: IWKA
  • Year: 1982
  • Type of Filler: VOLUMETRIC
  • Type of tube run: PLASTIC
  • Current: 7 AMPS
  • Voltage: 415 VOLTS
  • Frequency: 50 HERTZ
  • Recommended Packaging Form: CUSTOM
  • CE Marked: NO
  • Phase: 3
  • Located in: Europe

We buy IWKA TU100 50 BPM 100 BPM 20/30/40/55/70 mm 415 VOLTS 50 HERTZ 7 AMPS in bulk. Click here to get a free valuation.