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

Surplus Machinery

Aczet Pvt.Ltd. CY 224 | Balances

  • Model: CY 224
  • Manufacturer Name: Aczet Pvt.Ltd.
  • Located in: North America

We buy Aczet Pvt.Ltd. CY 224 in bulk. Click here to get a free valuation.

WATERS Alliance 2489 | HPLC

  • Model: 2489
  • Manufacturer Name: WATERS Alliance
  • Located in: North America

We buy WATERS Alliance 2489 in bulk. Click here to get a free valuation.

Agilent Technologies 1200 / 1200 HPLC | HPLC

  • Model: 1200 / 1200 HPLC
  • Manufacturer Name: Agilent Technologies
  • Located in: North America

We buy Agilent Technologies 1200 / 1200 HPLC in bulk. Click here to get a free valuation.

Rite Hydronic 150 HP 111 KW 230/460 VOLTS 50/60 HERTZ | Boilers

  • Machinery Dimensions: 15 x 8 x 9 FT
  • Model: Hydronic 150 HP
  • Capacity Size: 111 KW
  • Manufacturer Name: Rite
  • Year: 1993
  • Boiler Type: GAS
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Machinery Weight: 2000 LBS
  • Phase: 3
  • Voltage: 230/460 VOLTS
  • Located in: North America

We buy Rite Hydronic 150 HP 111 KW 230/460 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Airedale International Air Conditioning LogiCool 20/40 KW | Chillers

  • Machinery Dimensions: 55.12 x 51.18 x 90.55 in
  • Current: 20/40 KW
  • Model: LogiCool
  • Manufacturer Name: Airedale International Air Conditioning
  • Machinery Weight: 1102.30 lb
  • Recommended Packaging Form: CUSTOM
  • Located in: Wales, United Kingdom

We buy Airedale International Air Conditioning LogiCool 20/40 KW in bulk. Click here to get a free valuation.

Lohenner 2000 Litre 98074 CARBON STEEL 528.52 gal 11 BAR 43.31 in 70.87 in 59.06 in | Pressure Vessels

  • Machinery Dimensions: 90.55 x 51.18 x 70.87 in
  • Model: 2000 Litre
  • Type of Heads: 3
  • Internal Pressure Rating: 11 BAR
  • Capacity Size of Vessel: 528.52 gal
  • Serial Number: 98074
  • Manufacturer Name: Lohenner
  • Type of Bottom: 1
  • Inside Diameter: 43.31 in
  • Internal Temperature Rating: 50 DEG C
  • Straight Side: 59.06 in
  • Overall Height: 70.87 in
  • Tank Material of Construction: CARBON STEEL
  • Vertical or Horizontal: HORIZONTAL
  • Machinery Weight: 1322.76 lb
  • Year: 2017
  • CE Marked: YES
  • Agitation: NO
  • Jacketed: NO
  • Located in: East Sussex, United Kingdom

We buy Lohenner 2000 Litre 98074 CARBON STEEL 528.52 gal 11 BAR 43.31 in 70.87 in 59.06 in in bulk. Click here to get a free valuation.

Binder CB150 0913383. 230 VOLTS 50/60 HERTZ 5.7 AMPS | Incubators

  • Machinery Dimensions: 31.50 x 27.56 x 66.93 in
  • Current: 5.7 AMPS
  • Model: CB150
  • Serial Number: 0913383.
  • Manufacturer Name: Binder
  • Machinery Weight: 132.28 lb
  • Voltage: 230 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • CE Marked: NO
  • Phase: 1
  • Located in: Wales, United Kingdom

We buy Binder CB150 0913383. 230 VOLTS 50/60 HERTZ 5.7 AMPS in bulk. Click here to get a free valuation.

Parker PK-90 CT SI CHILLED WATER PROCESS SPECIFIC Computer Electronic 380 VOLTS 50 HERTZ 130 AMPS | Molding System

  • Date of System Operating Software: Computer Electronic
  • Manufacturer Name: Parker
  • Machinery Dimensions: 157.48 x 59.06 x 78.74 in
  • Date of Last PM: 2020
  • Current: 130 AMPS
  • Model: PK-90 CT SI
  • Operating System: ELECTRIC HYDRAULIC SYSTEM
  • Is the system generic or process specific?: PROCESS SPECIFIC
  • Any special features on the system?: NO
  • Any upgrade to the system?: NO
  • Is System Running or Powered Off?: RUNNING
  • Fuctional or Non Functional: FUCTIONAL
  • System Facility Requirements: CHILLED WATER
  • Year: 2004
  • Voltage: 380 VOLTS
  • Machinery Weight: 22046.00 lb
  • Frequency: 50 HERTZ
  • Located in: East Asia/Pacific

We buy Parker PK-90 CT SI CHILLED WATER PROCESS SPECIFIC Computer Electronic 380 VOLTS 50 HERTZ 130 AMPS in bulk. Click here to get a free valuation.

Quincy Lab Inc | Miscellaneous Lab Equipment

  • Machinery Weight: 52 LBS
  • Machinery Dimensions: 21 x 21 x 27 IN
  • Manufacturer Name: Quincy Lab Inc
  • Recommended Packaging Form: 24C (28X24X22)
  • Located in: MA, USA

We buy Quincy Lab Inc in bulk. Click here to get a free valuation.

Rohde and Schwarz MSCU 101359 | Miscellaneous

  • Machinery Dimensions: 24 x 19 x 7 IN
  • Model: MSCU
  • Serial Number: 101359
  • Manufacturer Name: Rohde and Schwarz
  • Machinery Weight: 50 Pounds
  • Recommended Packaging Form: 24C (28X24X22)
  • CE Marked: YES
  • Located in: San Jose, CA, USA

We buy Rohde and Schwarz MSCU 101359 in bulk. Click here to get a free valuation.

Loma Super Scan Micro 200 VOLTS 50 HERTZ | Metal Detectors

  • Machinery Dimensions: 23.62 x 27.56 x 37.40 in
  • Model: Super Scan Micro
  • Manufacturer Name: Loma
  • Voltage: 200 VOLTS
  • Machinery Weight: 132.28 lb
  • Year: 1996
  • Frequency: 50 HERTZ
  • Recommended Packaging Form: CUSTOM
  • Phase: 1
  • Located in: Europe

We buy Loma Super Scan Micro 200 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Dionex LC30 | Ion Chromatography

  • Model: LC30
  • Manufacturer Name: Dionex
  • Located in: North America

We buy Dionex LC30 in bulk. Click here to get a free valuation.

C.E. King 36 IN | Miscellaneous

  • Machinery Dimensions: 36 x 57 x 38 IN
  • Diameter: 36 IN
  • Manufacturer Name: C.E. King
  • Machinery Weight: 400 LBS
  • Recommended Packaging Form: PALLET
  • Located in: Forest, VA, USA

We buy C.E. King 36 IN in bulk. Click here to get a free valuation.

Steris 500XLS 3610618002 480 VOLTS 60 HERTZ 13 AMPS | Glassware Washers and Dryers

  • Machinery Dimensions: 95 x 44 x 92 IN
  • Model: 500XLS
  • Serial Number: 3610618002
  • Machinery Weight: 2250 LBS
  • Manufacturer Name: Steris
  • Year: 2018
  • Current: 13 AMPS
  • Recommended Packaging Form: CRATE
  • CE Marked: YES
  • Voltage: 480 VOLTS
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: MA, USA

We buy Steris 500XLS 3610618002 480 VOLTS 60 HERTZ 13 AMPS in bulk. Click here to get a free valuation.

CAM Partena MX 250 BPM differents formats 6 BAR 380 VOLTS | Blister Packaging Lines

  • Machinery Dimensions: 177.17 x 78.74 x 78.74 in
  • Products Run: capsule / tablets
  • Product Sizing: differents formats
  • Model: MX
  • Heating Cooling Requirements: yes
  • Manufacturer Name: CAM Partena
  • Capacity Speed: 250 BPM
  • Feeder: AUTOMATIC
  • Frequency: 50
  • Year: 1993
  • Voltage: 380 VOLTS
  • Air Requirements: 6 BAR
  • Machinery Weight: 4409.20 lb
  • Phase: 3
  • Located in: Europe

We buy CAM Partena MX 250 BPM differents formats 6 BAR 380 VOLTS in bulk. Click here to get a free valuation.

Nova 07433 20 GALS STAINLESS STEEL 100 PSI 20 IN 40 IN 35 IN | Miscellaneous

  • Machinery Dimensions: 25 x 27 x 63 IN
  • Straight Side: 35 IN
  • Overall Height: 40 IN
  • Country Cert. (Example National Board, CDN, CE Marked): 539
  • Capacity of Tank: 20 GALS
  • Serial Number: 07433
  • Manufacturer Name: Nova
  • Inside Diameter: 20 IN
  • Internal Temperature Rating: 300 DEG F
  • Internal Pressure Rating: 100 PSI
  • Jacketed: YES
  • Tank Material of Construction: STAINLESS STEEL
  • Year: 1999
  • Machinery Weight: 300 LBS
  • Agitation: NO
  • Located in: Forest, VA, USA

We buy Nova 07433 20 GALS STAINLESS STEEL 100 PSI 20 IN 40 IN 35 IN in bulk. Click here to get a free valuation.

Busch NP0250.ALL6.000B U083605346 | Miscellaneous

  • Serial Number: U083605346
  • 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 U083605346 in bulk. Click here to get a free valuation.

Westinghouse 40 HP 460 VOLTS 50/60 HERTZ | Miscellaneous

  • Horsepower or Kilowatts: 40 HP
  • Manufacturer Name: Westinghouse
  • Machinery Dimensions: 48 x 40 x 24 IN
  • Machinery Weight: 1800 LBS
  • Voltage: 460 VOLTS
  • Frequency: 50/60 HERTZ
  • Phase: 3
  • Located in: Forest, VA, USA

We buy Westinghouse 40 HP 460 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Anritsu Corporation MD8480C 2006699776200669943 100-120-200-240 VOLTS 50/60 HERTZ 650 VA | Miscellaneous

  • Serial Number: 2006699776200669943
  • Machinery Weight: 146 LBS
  • Machinery Dimensions: 46 x 18 x 14 IN
  • Current: 650 VA
  • Voltage: 100-120-200-240 VOLTS
  • Model: MD8480C
  • Manufacturer Name: Anritsu Corporation
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: San Jose, CA, USA

We buy Anritsu Corporation MD8480C 2006699776200669943 100-120-200-240 VOLTS 50/60 HERTZ 650 VA in bulk. Click here to get a free valuation.

Woojung Tech Co Ltd Zpress-8D Servo Lab16-DP#4 220 VOLTS 60 HERTZ 38.5 AMPS | Fillers

  • Current: 38.5 AMPS
  • Current Application (Products,Sizes Run and Shape of Bottle): Pressed powder cosmetics
  • Model: Zpress-8D Servo
  • Serial Number: Lab16-DP#4
  • Manufacturer Name: Woojung Tech Co Ltd
  • Machinery Weight: 0 Pounds
  • Machinery Dimensions: 0 x 0 x 0 IN
  • Type of Filler: POWDER
  • Year: 2017
  • Voltage: 220 VOLTS
  • CE Marked: YES
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: NJ, USA

We buy Woojung Tech Co Ltd Zpress-8D Servo Lab16-DP#4 220 VOLTS 60 HERTZ 38.5 AMPS in bulk. Click here to get a free valuation.

Busch NC 0300 B L06 XXVJ | Miscellaneous

  • Machinery Weight: 900 LBS
  • Machinery Dimensions: 68 x 36 x 66 IN
  • Model: NC 0300 B L06 XXVJ
  • Manufacturer Name: Busch
  • Located in: Skull Valley, UT, USA

We buy Busch NC 0300 B L06 XXVJ in bulk. Click here to get a free valuation.

Pharmatron Autotester 4 82-1143 220 VOLTS 50/60 HERTZ | Hardness Testers

  • Machinery Dimensions: 48 x 30 x 89 IN
  • Serial Number: 82-1143
  • Model: Autotester 4
  • Manufacturer Name: Pharmatron
  • Machinery Weight: 600 Pounds
  • Voltage: 220 VOLTS
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: PR, USA

We buy Pharmatron Autotester 4 82-1143 220 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Agilent Technologies 1200 HPLC | Solid Phase Extractors

  • Model: 1200 HPLC
  • Manufacturer Name: Agilent Technologies
  • Located in: North America

We buy Agilent Technologies 1200 HPLC in bulk. Click here to get a free valuation.

Sellers Engineering 150-E 600 HP 230/460 VOLTS 50/60 HERTZ | Boilers

  • Machinery Dimensions: 18 x 10 x 10 FT
  • Model: 150-E
  • Capacity Size: 600 HP
  • Manufacturer Name: Sellers Engineering
  • Machinery Weight: 20000 LBS
  • Boiler Type: GAS
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Voltage: 230/460 VOLTS
  • Located in: North America

We buy Sellers Engineering 150-E 600 HP 230/460 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Fette Perfecta 1000 07 308 126000 TPH 0.63 in 0.67 in 380 VOLTS 50/60 HERTZ | Tablet Presses

  • Machinery Dimensions: 106.30 x 43.31 x 86.61 in
  • Maximum depth of fill: 0.67 in
  • Maximum tablet diameter: 0.63 in
  • Maximum capacity (tablets per minute or hour): 126000 TPH
  • No. of Stations: 28
  • Model: Perfecta 1000
  • Serial Number: 07 308
  • Manufacturer Name: Fette
  • Machinery Weight: 12125.30 lb
  • Year: 1987
  • Pre-compression: YES
  • Voltage: 380 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 3
  • Located in: Jalisco, Mexico

We buy Fette Perfecta 1000 07 308 126000 TPH 0.63 in 0.67 in 380 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Applied Materials Inc 0010-26750 23408-1 35-50 LBS 145 PSI | Actuators

  • Serial Number: 23408-1
  • Model: 0010-26750
  • Machinery Dimensions: 10 x 7 x 20 IN
  • Capacity Speed: 145 PSI
  • Capacity Size: 35-50 LBS
  • Type of Actuator: PNEUMATIC
  • Machinery Weight: 30 LBS
  • Manufacturer Name: Applied Materials Inc
  • Recommended Packaging Form: 19C (22X15X13)
  • Located in: CA, USA

We buy Applied Materials Inc 0010-26750 23408-1 35-50 LBS 145 PSI in bulk. Click here to get a free valuation.

Branson Ultrasonic Corporation 1510R-MT RKA05103962F 117 VOLTS 50/60 HERTZ 0.8 AMPS 1/2 GALS | Miscellaneous

  • Machinery Weight: 7 LBS
  • Capacity Size: 1/2 GALS
  • Current: 0.8 AMPS
  • Model: 1510R-MT
  • Serial Number: RKA05103962F
  • Manufacturer Name: Branson Ultrasonic Corporation
  • Machinery Dimensions: 12 x 10 x 12 IN
  • Recommended Packaging Form: 19C (22X15X13)
  • Voltage: 117 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Forest, VA, USA

We buy Branson Ultrasonic Corporation 1510R-MT RKA05103962F 117 VOLTS 50/60 HERTZ 0.8 AMPS 1/2 GALS in bulk. Click here to get a free valuation.

Custom Made 120/230 VOLTS 50/60 HERTZ | Unscramblers

  • Machinery Dimensions: 27.56 x 27.56 x 43.31 in
  • Machinery Dimensions: 31.50 x 31.50 x 39.37 in
  • Manufacturer Name: Custom Made
  • Machinery Weight: 88.18 lb
  • Voltage: 120/230 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Europe

We buy Custom Made 120/230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Dionex P580 | HPLC

  • Model: P580
  • Manufacturer Name: Dionex
  • Located in: North America

We buy Dionex P580 in bulk. Click here to get a free valuation.

Hitachi Titanium Core C40HT 1041 brand new | Assembly Packaging

  • Serial Number: 1041
  • 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 1041 brand new in bulk. Click here to get a free valuation.

Sanyo MPR-214F 50506156 115 VOLTS 60 HERTZ 2.9 AMPS | Miscellaneous

  • Machinery Dimensions: 22 x 24 x 70 IN
  • Model: MPR-214F
  • Serial Number: 50506156
  • Manufacturer Name: Sanyo
  • Machinery Weight: 220 LBS
  • Current: 2.9 AMPS
  • Voltage: 115 VOLTS
  • Frequency: 60 HERTZ
  • Recommended Packaging Form: PALLET
  • Located in: Forest, VA, USA

We buy Sanyo MPR-214F 50506156 115 VOLTS 60 HERTZ 2.9 AMPS in bulk. Click here to get a free valuation.

Karnavati Engineering Ltd (India) Evolution II 700000 TPH 0.51 in 20 IN 415 VOLTS 50 HERTZ | Tablet Presses

  • Machinery Weight: 19841.40 lb
  • Machinery Dimensions: 71.65 x 71.65 x 90.55 in
  • Maximum depth of fill: 20 IN
  • Pre-compression: YES
  • Keyed upper punch bores: YES
  • Maximum tablet diameter: 0.51 in
  • Tooling type (IPT, EU, Other): IPT
  • Capacity Size (tooling - 'bb', 'B' or 'D'): BB
  • Maximum capacity (tablets per minute or hour): 700000 TPH
  • No. of Stations: 117
  • Model: Evolution II
  • Year: 2018
  • Manufacturer Name: Karnavati Engineering Ltd (India)
  • Voltage: 415 VOLTS
  • Frequency: 50 HERTZ
  • Recommended Packaging Form: CUSTOM
  • CE Marked: NO
  • Phase: 3
  • Located in: South Asia

We buy Karnavati Engineering Ltd (India) Evolution II 700000 TPH 0.51 in 20 IN 415 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

BASF CW 35 x 50 32292, 32267, 32338, 32216. 230 VOLTS 50/60 HERTZ 10 AMPS | Pad Printers

  • Machinery Dimensions: 29.92 x 27.95 x 42.52 in
  • Printer Type: INTERMITTENT
  • Model: CW 35 x 50
  • Serial Number: 32292, 32267, 32338, 32216.
  • Manufacturer Name: BASF
  • Current: 10 AMPS
  • Machinery Weight: 220.46 lb
  • Year: 2002
  • Voltage: 230 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Wales, United Kingdom

We buy BASF CW 35 x 50 32292, 32267, 32338, 32216. 230 VOLTS 50/60 HERTZ 10 AMPS in bulk. Click here to get a free valuation.

Belvac Production Machinery FTS4 FT4-001 60 HERTZ | Cutters

  • Machinery Dimensions: 1 x 1 x 11 IN
  • Model: FTS4
  • Serial Number: FT4-001
  • Manufacturer Name: Belvac Production Machinery
  • Machinery Weight: 1500 LBS
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: SC, USA

We buy Belvac Production Machinery FTS4 FT4-001 60 HERTZ in bulk. Click here to get a free valuation.

Advanced Energy Industries 3150272-012 152352 | RF Testing Equipment

  • Serial Number: 152352
  • Machinery Weight: 40 LBS
  • Machinery Dimensions: 21 x 12 x 12 IN
  • Model: 3150272-012
  • Manufacturer Name: Advanced Energy Industries
  • Year: 2000
  • Recommended Packaging Form: PALLET
  • Located in: MA, USA

We buy Advanced Energy Industries 3150272-012 152352 in bulk. Click here to get a free valuation.

G.B. GNUDI BRUNO S.p.A. KA 6 BAR 220 VOLTS | Overwrappers

  • Products Run: Packet length, min-max mm 50-200 Packet width, min-max mm 50-280 Packet height, min-max mm 30-150
  • Product Sizing: Packet length, min-max mm 50-200 Packet width, min-max mm 50-280 Packet height, min-max mm 30-150
  • Manufacturer Name: G.B. GNUDI BRUNO S.p.A.
  • Model: KA
  • Machinery Dimensions: 118.11 x 59.06 x 78.74 in
  • Frequency: 50
  • Machinery Weight: 3306.90 lb
  • Air Requirements: 6 BAR
  • Voltage: 220 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: Europe

We buy G.B. GNUDI BRUNO S.p.A. KA 6 BAR 220 VOLTS in bulk. Click here to get a free valuation.

Bruker D8 Advance | X-Ray Diffractometers

  • Machinery Dimensions: 51.18 x 44.69 x 73.54 in
  • Model: D8 Advance
  • Manufacturer Name: Bruker
  • Machinery Weight: 2204.60 lb
  • Year: 2007
  • Located in: Europe

We buy Bruker D8 Advance in bulk. Click here to get a free valuation.

Servolift ML 13552 44.09 lb 230 VOLTS 50/60 HERTZ | Blenders

  • Machinery Weight: 502.65 lb
  • Machinery Dimensions: 60.63 x 31.50 x 64.96 in
  • Model: ML
  • Serial Number: 13552
  • Manufacturer Name: Servolift
  • Type of Blender: TOTE/BIN
  • Capacity Size: 44.09 lb
  • Voltage: 230 VOLTS
  • Year: 2015
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Germany

We buy Servolift ML 13552 44.09 lb 230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Gnudi diam. 1000 39.37 in 380 VOLTS 50/60 HERTZ no AMPS | Accumulators - Rotary Tables

  • Machinery Dimensions: 47.24 x 39.37 x 51.18 in
  • Model: diam. 1000
  • Manufacturer Name: Gnudi
  • Year: no
  • Current: no AMPS
  • Diameter: 39.37 in
  • Machinery Weight: 881.84 lb
  • Voltage: 380 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 3
  • Located in: Europe

We buy Gnudi diam. 1000 39.37 in 380 VOLTS 50/60 HERTZ no AMPS in bulk. Click here to get a free valuation.

Dionex LC20 | Ion Chromatography

  • Model: LC20
  • Manufacturer Name: Dionex
  • Located in: North America

We buy Dionex LC20 in bulk. Click here to get a free valuation.