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

Surplus Machinery

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.

Casburt UNKNOWN ELECTRICALLY HEATED 50 HERTZ | Drying Ovens

  • Machinery Dimensions: 78.74 x 59.06 x 98.43 in
  • Number of Shelves: 10
  • Temperature Range: 50 to 200 DEG C
  • Manufacturer Name: Casburt
  • Heating or Cooling Source: ELECTRICALLY HEATED
  • Machinery Weight: 440.92 lb
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: Europe

We buy Casburt UNKNOWN ELECTRICALLY HEATED 50 HERTZ in bulk. Click here to get a free valuation.

Leitz Wetzlar Labovert 110-240 VOLTS 50/60 HERTZ | Miscellaneous

  • Model: Wetzlar Labovert
  • Manufacturer Name: Leitz
  • Type of Microscope: INVERTED
  • Machinery Dimensions: 11.81 x 15.75 x 19.69 in
  • Voltage: 110-240 VOLTS
  • Machinery Weight: 33.07 lb
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • CE Marked: NO
  • Phase: 1
  • Located in: Basel, Basel, Switzerland

We buy Leitz Wetzlar Labovert 110-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Comil CB-250 | Flow Wrappers

  • Model: CB-250
  • Manufacturer Name: Comil
  • Machinery Weight: 0 Pounds
  • Machinery Dimensions: 0 x 0 x 0 IN
  • Located in: North America

We buy Comil CB-250 in bulk. Click here to get a free valuation.

Glatt CM 2500 SF 10450 3968.28 lb | Blenders

  • Machinery Weight: 4411.41 lb
  • Machinery Dimensions: 133.90 x 86.61 x 153.54 in
  • Model: CM 2500 SF
  • Capacity Size: 3968.28 lb
  • Type of Blender: TOTE/BIN
  • Serial Number: 10450
  • Manufacturer Name: Glatt
  • Year: 2008
  • CE Marked: NO
  • Located in: Israel

We buy Glatt CM 2500 SF 10450 3968.28 lb in bulk. Click here to get a free valuation.

VideoJet 1560 100/240 VOLTS 50/60 HERTZ 3 AMPS | Printing or Code Markers

  • Machinery Dimensions: 20 x 24 x 60 IN
  • Model: 1560
  • Manufacturer Name: VideoJet
  • Current: 3 AMPS
  • Voltage: 100/240 VOLTS
  • Machinery Weight: 500 LBS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: North America

We buy VideoJet 1560 100/240 VOLTS 50/60 HERTZ 3 AMPS in bulk. Click here to get a free valuation.

Krieger 2395 184.98 gal STAINLESS STEEL 41.34 in 64.96 in 49.21 in | Tanks

  • Machinery Dimensions: 1250 x 1050 x 1650 IN
  • Model: 2395
  • Straight Side: 49.21 in
  • Overall Height: 64.96 in
  • Capacity of Tank: 184.98 gal
  • Manufacturer Name: Krieger
  • Inside Diameter: 41.34 in
  • Year: 1974
  • Jacketed: YES
  • Tank Material of Construction: STAINLESS STEEL
  • Machinery Weight: 220.46 lb
  • Agitation: NO
  • Located in: Europe

We buy Krieger 2395 184.98 gal STAINLESS STEEL 41.34 in 64.96 in 49.21 in in bulk. Click here to get a free valuation.

Accela Cota coating pan | Conventional Coating Pans

  • Machinery Weight: 1408.74 lb
  • Machinery Dimensions: 35.63 x 37.20 x 200.04 in
  • Model: coating pan
  • Year: 1989
  • Manufacturer Name: Accela Cota
  • Located in: Europe

We buy Accela Cota coating pan in bulk. Click here to get a free valuation.

Flux Instrument 22113, 22105, 22118 24 VOLTS | Miscellaneous

  • Machinery Dimensions: 72.83 x 13.78 x 28.35 in
  • Serial Number: 22113, 22105, 22118
  • Manufacturer Name: Flux Instrument
  • Voltage: 24 VOLTS
  • Machinery Weight: 176.37 lb
  • CE Marked: YES
  • Recommended Packaging Form: PALLET
  • Located in: Basel, Basel, Switzerland

We buy Flux Instrument 22113, 22105, 22118 24 VOLTS in bulk. Click here to get a free valuation.

Unifill TR86 10-21 CPM 50 HERTZ 380 VOLTS | Form Fill Seal Machines

  • Machinery Dimensions: 13.12 x 6.56 x 6.56 ft
  • Model: TR86
  • Capacity Speed: 10-21 CPM
  • Capacity Details: 10-21 cycles per minute
  • Manufacturer Name: Unifill
  • Machinery Weight: 7495.64 lb
  • Voltage: 380 VOLTS
  • Recommended Packaging Form: CRATE
  • Frequency: 50 HERTZ
  • Phase: 3
  • Located in: East Asia/Pacific

We buy Unifill TR86 10-21 CPM 50 HERTZ 380 VOLTS in bulk. Click here to get a free valuation.

CAM Packaging Systems K0 800 CPM unknown BAR 220 VOLTS 50/60 HERTZ 5,18 KW | Horizontal Cartoners

  • Machinery Weight: 6834.26 lb
  • Machinery Dimensions: 185.04 x 59.06 x 66.93 in
  • Current: 5,18 KW
  • Products Run: Carton width min-max 35-65 mm Carton height min-max 14-50 mm Carton length min-max 65-130 mm
  • Product Sizing: Carton width min-max 35-65 mm Carton height min-max 14-50 mm Carton length min-max 65-130 mm
  • Model: K0
  • Speed: 800 CPM
  • Carton Size or Range: Carton width min-max 35-65 mm Carton height min-max 14-50 mm Carton length min-max 65-130 mm
  • Manufacturer Name: CAM Packaging Systems
  • Product Loading: AUTOMATIC
  • Type of Closure: TUCK
  • Method of Code Dater: NONE
  • Air Requirements: unknown BAR
  • Year: 1992
  • Product Handling: HORIZONTAL
  • Line Motion: CONTINUOUS
  • Carton Feeder Type: PICK AND PLACE
  • Voltage: 220 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 3
  • Located in: Europe

We buy CAM Packaging Systems K0 800 CPM unknown BAR 220 VOLTS 50/60 HERTZ 5,18 KW in bulk. Click here to get a free valuation.

ICOS Impianti ELECTRICALLY HEATED 380 VOLTS 50/60 HERTZ | Drying Ovens

  • Machinery Weight: 4861.14 lb
  • Machinery Dimensions: 2.80 x 2.36 x 2.36 in
  • Temperature Range: 120 DEG C
  • Manufacturer Name: ICOS Impianti
  • Heating or Cooling Source: ELECTRICALLY HEATED
  • Voltage: 380 VOLTS
  • Frequency: 50/60 HERTZ
  • Located in: Europe

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

Unknown 2970 RPM | Centrifugal Pumps

  • Machinery Dimensions: 59.06 x 19.69 x 39.37 in
  • Capacity Speed: 2970 RPM
  • Machinery Weight: 1432.99 lb
  • Located in: Medan, Indonesia

We buy Unknown 2970 RPM in bulk. Click here to get a free valuation.

Hitachi Titanium Core C40HT 1039 brand new | Assembly Packaging

  • Serial Number: 1039
  • Machinery Weight: 22.05 lb
  • Machinery Dimensions: 32.28 x 7.87 x 7.87 in
  • Last Known Date of Operation: brand new
  • Any special features on the system?: YES
  • Any upgrade to the system?: YES
  • Model: Titanium Core C40HT
  • Manufacturer Name: Hitachi
  • Is System Running or Powered Off?: RUNNING
  • Fuctional or Non Functional: FUCTIONAL
  • Year: 2013
  • CE Marked: NO
  • Recommended Packaging Form: PALLET
  • Located in: Czech Republic

We buy Hitachi Titanium Core C40HT 1039 brand new 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.

Lab Tech H150-3000 Series | Miscellaneous Lab Equipment

  • Model: H150-3000 Series
  • Manufacturer Name: Lab Tech
  • Located in: North America

We buy Lab Tech H150-3000 Series in bulk. Click here to get a free valuation.

Tektronix Inc. J17 B031825 | Miscellaneous

  • Serial Number: B031825
  • Model: J17
  • Machinery Dimensions: 20 x 24 x 6 IN
  • Manufacturer Name: Tektronix Inc.
  • Machinery Weight: 30 LBS
  • Located in: Salt Lake City, UT, USA

We buy Tektronix Inc. J17 B031825 in bulk. Click here to get a free valuation.

Gilson 306 | HPLC

  • Model: 306
  • Manufacturer Name: Gilson
  • Located in: North America

We buy Gilson 306 in bulk. Click here to get a free valuation.

Promec Stand Alone 4 head ROTARY PLACER 8000 BPH 380 VOLTS 50 HERTZ | Cappers

  • Machinery Dimensions: 51.18 x 90.55 x 100.39 in
  • Model: Stand Alone 4 head
  • Manufacturer Name: Promec
  • Type of Capping: ROTARY PLACER
  • Capacity Speed: 8000 BPH
  • Type of Capper: ROTARY
  • Year: 2000
  • Voltage: 380 VOLTS
  • Machinery Weight: 220.46 lb
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 3
  • Located in: Europe

We buy Promec Stand Alone 4 head ROTARY PLACER 8000 BPH 380 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Soco Systems T-100 mini-mini 400 VOLTS 50 HERTZ 1.5 AMPS | Tapers

  • Model: T-100 mini-mini
  • Manufacturer Name: Soco Systems
  • Machinery Dimensions: 19.69 x 19.69 x 59.06 in
  • Current: 1.5 AMPS
  • Machinery Weight: 440.92 lb
  • Voltage: 400 VOLTS
  • Year: 2009
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: Europe

We buy Soco Systems T-100 mini-mini 400 VOLTS 50 HERTZ 1.5 AMPS in bulk. Click here to get a free valuation.

Cermex E - 472 380 VOLTS 50 HERTZ | Case Packers

  • Model: E - 472
  • Manufacturer Name: Cermex
  • Year: 1985
  • Voltage: 380 VOLTS
  • Frequency: 50 HERTZ
  • Recommended Packaging Form: CUSTOM PALLET
  • Phase: 3
  • Located in: Europe

We buy Cermex E - 472 380 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

CB Tech 70A 220 VOLTS 50 HERTZ 17.5 KW | Bundlers

  • Machinery Dimensions: 157.48 x 51.18 x 78.74 in
  • Current: 17.5 KW
  • Model: 70A
  • Year: 1900
  • Manufacturer Name: CB Tech
  • Machinery Weight: 3306.90 lb
  • Frequency: 50 HERTZ
  • Voltage: 220 VOLTS
  • Located in: Europe

We buy CB Tech 70A 220 VOLTS 50 HERTZ 17.5 KW in bulk. Click here to get a free valuation.

Stedi Pac A-010 8014 208 VOLTS 60 HERTZ | Vertical Form Fill Seal Machines

  • Machinery Weight: 900 Pounds
  • Machinery Dimensions: 72 x 56 x 74 IN
  • Serial Number: 8014
  • Model: A-010
  • Manufacturer Name: Stedi Pac
  • Voltage: 208 VOLTS
  • Frequency: 60 HERTZ
  • Located in: NY, USA

We buy Stedi Pac A-010 8014 208 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Julabo 4 10209074 230 VOLTS 50/60 HERTZ | Waterbaths and Circulators

  • Machinery Dimensions: 16.54 x 9.45 x 15.75 in
  • Model: 4
  • Serial Number: 10209074
  • Manufacturer Name: Julabo
  • Machinery Weight: 11.02 lb
  • Voltage: 230 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Located in: Germany

We buy Julabo 4 10209074 230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Brooks Automation Inc 153871 1412CHE10394 | Wafer Handling

  • Machinery Dimensions: 36 x 17 x 9 IN
  • Model: 153871
  • Serial Number: 1412CHE10394
  • Manufacturer Name: Brooks Automation Inc
  • Year: 2014
  • Machinery Weight: 20 LBS
  • Recommended Packaging Form: PALLET
  • Located in: MA, USA

We buy Brooks Automation Inc 153871 1412CHE10394 in bulk. Click here to get a free valuation.

LP Packaging SFE 600 NOVA 6 BAR 400 VOLTS 50 HERTZ 8,7 KW | Wrappers/Overwrappers/Bundlers

  • Current: 8,7 KW
  • Capacity Details: Sealing temperature 130°C-170°C
  • Model: SFE 600 NOVA
  • Manufacturer Name: LP Packaging
  • Machinery Dimensions: 118.11 x 59.06 x 78.74 in
  • Wrapping Method: SHRINK
  • Machinery Weight: 3306.90 lb
  • Year: 1999
  • Voltage: 400 VOLTS
  • Air Requirements: 6 BAR
  • Frequency: 50 HERTZ
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy LP Packaging SFE 600 NOVA 6 BAR 400 VOLTS 50 HERTZ 8,7 KW in bulk. Click here to get a free valuation.

Fitzpatrick IR520 703 | Roller Compactors

  • Machinery Weight: 3700 LBS
  • Machinery Dimensions: 144 x 48 x 88 IN
  • Model: IR520
  • Serial Number: 703
  • Manufacturer Name: Fitzpatrick
  • CE Marked: YES
  • Located in: IN, USA

We buy Fitzpatrick IR520 703 in bulk. Click here to get a free valuation.

Lee Industries, Inc. 300D 300 GALS 90 PSI | Stainless Steel Kettles

  • Machinery Dimensions: 64 x 60 x 96 IN
  • Jacket Pressure Rating: 90 PSI
  • Style, Power and Speed of Agitation: clamp on lightning agitator
  • Capacity Size: 300 GALS
  • Model: 300D
  • Manufacturer Name: Lee Industries, Inc.
  • Agitation: YES
  • CE Marked: YES
  • Machinery Weight: 2000 LBS
  • Located in: North America

We buy Lee Industries, Inc. 300D 300 GALS 90 PSI in bulk. Click here to get a free valuation.

Thermo Scientific IEC FL40R 308010084 SWING BUCKET 8000 RPM 120 VOLTS 60 HERTZ 12 AMPS | Laboratory Centrifuges

  • Machinery Dimensions: 580 x 660 x 860 IN
  • Max Speed: 8000 RPM
  • Serial Number: 308010084
  • Model: IEC FL40R
  • Rotor Type: SWING BUCKET
  • Machinery Weight: 115 LBS
  • Manufacturer Name: Thermo Scientific
  • Current: 12 AMPS
  • Refrigerated: YES
  • Year: 2008
  • CE Marked: YES
  • Phase: 1
  • Voltage: 120 VOLTS
  • Frequency: 60 HERTZ
  • Located in: Colombia

We buy Thermo Scientific IEC FL40R 308010084 SWING BUCKET 8000 RPM 120 VOLTS 60 HERTZ 12 AMPS in bulk. Click here to get a free valuation.

GE Sensing PCBA/Analyzer 160 ANA01B0005-94305 230 VOLTS 50/60 HERTZ 2000 VA | Device Circuit X-Ray

  • Machinery Weight: 4400 LBS
  • Machinery Dimensions: 82 x 73 x 80 IN
  • Current: 2000 VA
  • Model: PCBA/Analyzer 160
  • Serial Number: ANA01B0005-94305
  • Manufacturer Name: GE Sensing
  • Voltage: 230 VOLTS
  • Year: 2005
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: CA, USA

We buy GE Sensing PCBA/Analyzer 160 ANA01B0005-94305 230 VOLTS 50/60 HERTZ 2000 VA in bulk. Click here to get a free valuation.

Aesus Delta Shrink 80 PSI 120 VOLTS 60 HERTZ 15 AMPS | Sleevers

  • Machinery Dimensions: 60 x 48 x 96 IN
  • Model: Delta Shrink
  • Air Requirements: 80 PSI
  • Manufacturer Name: Aesus
  • Machinery Weight: 1500 LBS
  • Current: 15 AMPS
  • Recommended Packaging Form: CUSTOM
  • CE Marked: NO
  • Phase: 1
  • Voltage: 120 VOLTS
  • Frequency: 60 HERTZ
  • Located in: North America

We buy Aesus Delta Shrink 80 PSI 120 VOLTS 60 HERTZ 15 AMPS in bulk. Click here to get a free valuation.

Yamada NDP-20BSE-TRI 0.0 GPM STAINLESS STEEL 100 PSI | Diaphragm Pumps

  • Machinery Dimensions: 24 x 24 x 50 IN
  • Capacity Speed: 0.0 GPM
  • Model: NDP-20BSE-TRI
  • Manufacturer Name: Yamada
  • Pressure Rating (Pressure): 100 PSI
  • Machinery Weight: 200 LBS
  • Material of Construction: STAINLESS STEEL
  • Year: 2019
  • Located in: North America

We buy Yamada NDP-20BSE-TRI 0.0 GPM STAINLESS STEEL 100 PSI in bulk. Click here to get a free valuation.

Nissei FN5000 S36U058 230/575 VOLTS 60 HERTZ 140 AMPS | Miscellaneous

  • Machinery Weight: 20850 LBS
  • Machinery Dimensions: 84 x 24 x 36 FT
  • Current: 140 AMPS
  • Voltage: 230/575 VOLTS
  • Serial Number: S36U058
  • Model: FN5000
  • Manufacturer Name: Nissei
  • Year: 1999
  • Frequency: 60 HERTZ
  • Located in: Bolton, ON, Canada

We buy Nissei FN5000 S36U058 230/575 VOLTS 60 HERTZ 140 AMPS in bulk. Click here to get a free valuation.

VLS FO2 240 VOLTS | Filters

  • Machinery Weight: 440 LBS
  • Machinery Dimensions: 35 x 65 x 67 IN
  • Model: FO2
  • Manufacturer Name: VLS
  • Voltage: 240 VOLTS
  • Year: 2015
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: CA, USA

We buy VLS FO2 240 VOLTS in bulk. Click here to get a free valuation.

Dan Science DI-Cleaner | Wet Bench

  • Process Capability: DI
  • Model: DI-Cleaner
  • Manufacturer Name: Dan Science
  • Machinery Dimensions: 96 x 48 x 72 IN
  • Year: 1991
  • Machinery Weight: 2500 LBS
  • Recommended Packaging Form: CUSTOM
  • Located in: East Asia/Pacific

We buy Dan Science DI-Cleaner in bulk. Click here to get a free valuation.

Krones k602c05 36000 LPH 6 BAR 36.000 lph 400 VOLTS 50 HERTZ | Labelers

  • Capacity Details: 36.000 lph
  • Number of Labeling Heads: 8
  • Label Size: lengt max 150 mm height 5 till 225 mm
  • Label Speed: 36000 LPH
  • Model: k602c05
  • Manufacturer Name: Krones
  • Type of Label: PAPER
  • Machinery Dimensions: 6.56 x 4.92 x 4.92 ft
  • Type of Labeler: ROTARY
  • Voltage: 400 VOLTS
  • Air Requirements: 6 BAR
  • Application Type: TAMP
  • Machinery Weight: 2204.60 lb
  • Year: 2011
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: Europe

We buy Krones k602c05 36000 LPH 6 BAR 36.000 lph 400 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Shanghai EJoint Electronics Tech Display PSA 110-220 VOLTS | Miscellaneous

  • Machinery Weight: 227 LBS
  • Machinery Weight: 158 LBS
  • Machinery Dimensions: 26 x 25 x 29 IN
  • Model: Display PSA
  • Manufacturer Name: Shanghai EJoint Electronics Tech
  • Voltage: 110-220 VOLTS
  • Year: 2015
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: San Jose, CA, USA

We buy Shanghai EJoint Electronics Tech Display PSA 110-220 VOLTS in bulk. Click here to get a free valuation.

Urania Engineering PouchPro 1184 50/60 HERTZ 220-240 VOLTS | Form Fill Seal Machines

  • Machinery Dimensions: 79 x 91 x 82 IN
  • Model: PouchPro
  • Serial Number: 1184
  • Manufacturer Name: Urania Engineering
  • Machinery Weight: 2500 LBS
  • Voltage: 220-240 VOLTS
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: WA, USA

We buy Urania Engineering PouchPro 1184 50/60 HERTZ 220-240 VOLTS in bulk. Click here to get a free valuation.

Manitowoc SR1800A STAINLESS STEEL 230 VOLTS 50 HERTZ 18.3 AMPS | Ice Makers

  • Machinery Dimensions: 47.24 x 27.56 x 31.50 in
  • Current: 18.3 AMPS
  • Model: SR1800A
  • Manufacturer Name: Manitowoc
  • Year: 2016
  • Material of Construction: STAINLESS STEEL
  • Voltage: 230 VOLTS
  • Machinery Weight: 551.15 lb
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 1
  • Recommended Packaging Form: PALLET
  • Located in: Europe

We buy Manitowoc SR1800A STAINLESS STEEL 230 VOLTS 50 HERTZ 18.3 AMPS in bulk. Click here to get a free valuation.

Ozaf RO 1000 2163, 2164 6-7 BAR 440 VOLTS 60 HERTZ 0.5 KW Conveyor elevator | Orienters

  • Machinery Dimensions: 96.46 x 61.02 x 82.68 in
  • Discharge Manner: Conveyor
  • Infeed Manner: Conveyor elevator
  • No. Lanes Out: 1
  • No. Lanes In: 1
  • Package Type: BOTTLE
  • Serial Number: 2163, 2164
  • Model: RO 1000
  • Manufacturer Name: Ozaf
  • Current: 0.5 KW
  • Machinery Weight: 2425.06 lb
  • Voltage: 440 VOLTS
  • Air Requirements: 6-7 BAR
  • Capacity Size: lb
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Mexico

We buy Ozaf RO 1000 2163, 2164 6-7 BAR 440 VOLTS 60 HERTZ 0.5 KW Conveyor elevator in bulk. Click here to get a free valuation.