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

Surplus Machinery

Columbia Machine LTS/C/460V 0808.1055.1155 460 VOLTS 60 HERTZ 8.24 AMPS | Palletizers and Depalletizers

  • Machinery Weight: 3600 LBS
  • Machinery Dimensions: 222 x 77 x 88 IN
  • Current: 8.24 AMPS
  • Model: LTS/C/460V
  • Serial Number: 0808.1055.1155
  • Manufacturer Name: Columbia Machine
  • Voltage: 460 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: IN, USA

We buy Columbia Machine LTS/C/460V 0808.1055.1155 460 VOLTS 60 HERTZ 8.24 AMPS in bulk. Click here to get a free valuation.

Glatt | Carts

  • Manufacturer Name: Glatt
  • Machinery Dimensions: 0.00 x 0.00 x 0.00 in
  • Machinery Weight: 0.00 lb
  • Located in: Israel

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

GE Sensing Nanome|x 180 ANA01C0006-132208 230 VOLTS 50/60 HERTZ | X-Ray Inspection

  • Machinery Weight: 5292 LBS
  • Machinery Dimensions: 80 x 84 x 76 IN
  • Model: Nanome|x 180
  • Serial Number: ANA01C0006-132208
  • Manufacturer Name: GE Sensing
  • Year: 2008
  • Voltage: 230 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: CA, USA

We buy GE Sensing Nanome|x 180 ANA01C0006-132208 230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Walker Power Inc. U512820000 60-0321-0002 480 VOLTS 60 HERTZ | Transformers

  • Machinery Dimensions: 33 x 25 x 37 IN
  • Taps: -5
  • Secondary Voltage: 380/220
  • Primary Voltage: 480
  • KVA: 100
  • Model: U512820000
  • Serial Number: 60-0321-0002
  • Manufacturer Name: Walker Power Inc.
  • Type of Transformer: DRY
  • Machinery Weight: 750 LBS
  • Voltage: 480 VOLTS
  • Frequency: 60 HERTZ
  • Located in: NC, USA

We buy Walker Power Inc. U512820000 60-0321-0002 480 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Anritsu Corporation MT8820C 6200883069 100-120/200-240 VOLTS 50/60 HERTZ 750 VA | Miscellaneous

  • Serial Number: 6200883069
  • Machinery Weight: 46 LBS
  • Current: 750 VA
  • Machinery Dimensions: 23 x 18 x 10 IN
  • Model: MT8820C
  • Manufacturer Name: Anritsu Corporation
  • 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 MT8820C 6200883069 100-120/200-240 VOLTS 50/60 HERTZ 750 VA in bulk. Click here to get a free valuation.

Aczet Pvt.Ltd. CZ 1201 | Balances

  • Model: CZ 1201
  • Manufacturer Name: Aczet Pvt.Ltd.
  • Located in: North America

We buy Aczet Pvt.Ltd. CZ 1201 in bulk. Click here to get a free valuation.

Joshua Greaves and Sons Ltd 1000L STAINLESS STEEL 264.26 gal 3.28 ft 78.74 in 3.28 ft | Mixing Vessels

  • Model: 1000L
  • Straight Side: 3.28 ft
  • Capacity Size of Vessel: 264.26 gal
  • Manufacturer Name: Joshua Greaves and Sons Ltd
  • Machinery Dimensions: 19.69 x 19.69 x 78.74 in
  • Overall Height: 78.74 in
  • Inside Diameter: 3.28 ft
  • Type of Top Head: DISHED
  • Type of Bottom Head: DISHED
  • Vertical or Horizontal: VERTICAL
  • Agitation: YES
  • Installation Type: LEGS
  • Tank Material of Construction: STAINLESS STEEL
  • Machinery Weight: 1763.68 lb
  • Jacketed: NO
  • Located in: Europe

We buy Joshua Greaves and Sons Ltd 1000L STAINLESS STEEL 264.26 gal 3.28 ft 78.74 in 3.28 ft in bulk. Click here to get a free valuation.

Wesley International SC-775-6SA SC3626 2000 LBS 36 VOLTS | Motorized Carts

  • Serial Number: SC3626
  • Model: SC-775-6SA
  • Machinery Dimensions: 78 x 32 x 50 IN
  • Manufacturer Name: Wesley International
  • Voltage: 36 VOLTS
  • Capacity Size: 2000 LBS
  • Fuel Type: ELECTRIC
  • Year: 2009
  • Machinery Weight: 2000 LBS
  • Located in: MS, USA

We buy Wesley International SC-775-6SA SC3626 2000 LBS 36 VOLTS in bulk. Click here to get a free valuation.

Weber Maschinenbau GmbH MCS 902 / CCA 4701 1217 / 153 STAINLESS STEEL 400 VOLTS 3 KW 50 HERTZ | Slicers

  • Serial Number: 1217 / 153
  • Model: MCS 902 / CCA 4701
  • Machinery Dimensions: 0.00 x 0.00 x 0.00 in
  • Machinery Weight: 0.00 lb
  • Manufacturer Name: Weber Maschinenbau GmbH
  • Voltage: 400 VOLTS
  • Current: 3 KW
  • Material of Construction: STAINLESS STEEL
  • Year: 1996
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 3
  • Located in: Spain

We buy Weber Maschinenbau GmbH MCS 902 / CCA 4701 1217 / 153 STAINLESS STEEL 400 VOLTS 3 KW 50 HERTZ in bulk. Click here to get a free valuation.

Gilson 151 | HPLC

  • Model: 151
  • Manufacturer Name: Gilson
  • Located in: North America

We buy Gilson 151 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.

CAM Packaging Systems KA 220 VOLTS 50 HERTZ unknown AMPS | Wrappers/Overwrappers/Bundlers

  • Air Requirements: 6 ate BAR
  • Capacity Size: unknown SQ FT
  • Year: 1975
  • 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: CAM Packaging Systems
  • Model: KA
  • Machinery Dimensions: 118.11 x 59.06 x 78.74 in
  • Wrapping Method: STRETCH
  • Film Type: SUPPORTED
  • Film: PLAIN
  • Capacity Speed: 0 CU FT/MIN
  • Current: unknown AMPS
  • Machinery Weight: 3306.90 lb
  • Frequency: 50 HERTZ
  • Voltage: 220 VOLTS
  • Recommended Packaging Form: CUSTOM
  • CE Marked: NO
  • Phase: 1
  • Located in: Europe

We buy CAM Packaging Systems KA 220 VOLTS 50 HERTZ unknown AMPS in bulk. Click here to get a free valuation.

NNP Corporation | Cutters

  • Machinery Dimensions: 74.80 x 19.69 x 57.09 in
  • Manufacturer Name: NNP Corporation
  • Machinery Weight: 661.38 lb
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

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

Metrohm | Miscellaneous

  • Machinery Dimensions: 43 x 11 x 18 IN
  • Manufacturer Name: Metrohm
  • Machinery Weight: 27 LBS
  • Recommended Packaging Form: 20C (28X20X20)
  • Located in: Forest, VA, USA

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

Agilent Technologies 6890 US00002350 | Miscellaneous

  • Machinery Weight: 200 LBS
  • Machinery Dimensions: 58 x 20 x 37 IN
  • Serial Number: US00002350
  • Model: 6890
  • Head Space Autosampler: YES
  • Manufacturer Name: Agilent Technologies
  • Located in: Mexico, MO, USA

We buy Agilent Technologies 6890 US00002350 in bulk. Click here to get a free valuation.

Hanna Instruments | pH Meters

  • Machinery Dimensions: 4.72 x 0.47 x 0.20 in
  • Manufacturer Name: Hanna Instruments
  • Machinery Weight: 0.00 lb
  • Year: 2013
  • Located in: Brazil

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

Semiconductor Process Equip. Corp. SBX4-36 4369 208/120 VOLTS 60 HERTZ 30 AMPS | Chemical Vapor Deposition

  • Model: SBX4-36
  • Serial Number: 4369
  • Voltage: 208/120 VOLTS
  • Manufacturer Name: Semiconductor Process Equip. Corp.
  • Machinery Dimensions: 60 x 48 x 84 IN
  • Current: 30 AMPS
  • Machinery Weight: 1000 LBS
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: CA, USA

We buy Semiconductor Process Equip. Corp. SBX4-36 4369 208/120 VOLTS 60 HERTZ 30 AMPS in bulk. Click here to get a free valuation.

Lodige LHC130 380 VOLTS 50 HERTZ | Conventional Coating Pans

  • Machinery Dimensions: 72.44 x 64.57 x 81.89 in
  • Pan Size: Diam. 1300 mm
  • Capacity Details: Batch size 120-150 Kg
  • Model: LHC130
  • Manufacturer Name: Lodige
  • Machinery Weight: 2645.52 lb
  • Voltage: 380 VOLTS
  • Frequency: 50 HERTZ
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: Europe

We buy Lodige LHC130 380 VOLTS 50 HERTZ 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.

Tetra Pak 662850-00300 75650/00135 14000 CPH 6-7 BAR 400 VOLTS 60 HERTZ 63 AMPS | Cappers

  • Machinery Dimensions: 8.53 x 2.62 x 6.23 ft
  • Capacity Speed: 14000 CPH
  • Model: 662850-00300
  • Serial Number: 75650/00135
  • Machinery Weight: 3200 LBS
  • Current: 63 AMPS
  • Type of Capping: PRESS-ON
  • Manufacturer Name: Tetra Pak
  • Air Requirements: 6-7 BAR
  • Voltage: 400 VOLTS
  • Type of Capper: INLINE
  • Year: 2014
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Nicaragua

We buy Tetra Pak 662850-00300 75650/00135 14000 CPH 6-7 BAR 400 VOLTS 60 HERTZ 63 AMPS in bulk. Click here to get a free valuation.

Rohde and Schwarz CMW500 144115 100-240 VOLTS 50/60 HERTZ 850 VA | Miscellaneous

  • Serial Number: 144115
  • Machinery Dimensions: 21 x 19 x 8 IN
  • Current: 850 VA
  • Model: CMW500
  • Manufacturer Name: Rohde and Schwarz
  • Machinery Weight: 50 LBS
  • Recommended Packaging Form: 24C (28X24X22)
  • Voltage: 100-240 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: San Jose, CA, USA

We buy Rohde and Schwarz CMW500 144115 100-240 VOLTS 50/60 HERTZ 850 VA in bulk. Click here to get a free valuation.

Conserli Industria e Comercio de Maquinas LTDA AP 1060 380 VOLTS 60 HERTZ 1.82 KW | Fillers

  • Machinery Dimensions: 55.12 x 31.50 x 53.15 in
  • Current: 1.82 KW
  • Model: AP
  • Serial Number: 1060
  • Manufacturer Name: Conserli Industria e Comercio de Maquinas LTDA
  • Type of tube run: BOTH PLASTIC AND METAL
  • Number of heads: 1
  • Machinery Weight: 352.74 lb
  • Type of Filler: PISTON
  • Voltage: 380 VOLTS
  • Year: 2005
  • Phase: 1
  • Frequency: 60 HERTZ
  • Located in: ParanĂ¡ (PR), Brazil

We buy Conserli Industria e Comercio de Maquinas LTDA AP 1060 380 VOLTS 60 HERTZ 1.82 KW in bulk. Click here to get a free valuation.

Mettler Toledo XS3 35006844 10000 G | Check Weighers

  • Serial Number: 35006844
  • Machinery Dimensions: 52 x 38 x 78 IN
  • Capacity Size: 10000 G
  • Model: XS3
  • Manufacturer Name: Mettler Toledo
  • Year: 2016
  • Machinery Weight: 500 LBS
  • Located in: LA, USA

We buy Mettler Toledo XS3 35006844 10000 G in bulk. Click here to get a free valuation.

Aczet Pvt.Ltd. CY 15001H | Balances

  • Model: CY 15001H
  • Manufacturer Name: Aczet Pvt.Ltd.
  • Located in: North America

We buy Aczet Pvt.Ltd. CY 15001H in bulk. Click here to get a free valuation.

Ozaf 470 800 220 VOLTS 50 HERTZ 10 AMPS | Unscramblers

  • Model: 470 800
  • Manufacturer Name: Ozaf
  • Machinery Dimensions: 39.37 x 39.37 x 47.24 in
  • Machinery Weight: 100 LBS
  • Current: 10 AMPS
  • Year: 2003
  • Frequency: 50 HERTZ
  • Voltage: 220 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: Europe

We buy Ozaf 470 800 220 VOLTS 50 HERTZ 10 AMPS in bulk. Click here to get a free valuation.

Dionex Reagent Reservoir | Ion Chromatography

  • Model: Reagent Reservoir
  • Manufacturer Name: Dionex
  • Located in: North America

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

Hitachi Fluid Module | HPLC

  • Model: Fluid Module
  • Manufacturer Name: Hitachi
  • Located in: North America

We buy Hitachi Fluid Module in bulk. Click here to get a free valuation.

Bosch Packaging Technology GKF 702 727797 700 BPM Size 0 5 BAR 400 VOLTS 50 HERTZ 2.5 KW | Fillers

  • Machinery Dimensions: 65.94 x 35.63 x 81.10 in
  • Current: 2.5 KW
  • Capsule Size: Size 0
  • Max operating speed: 700 BPM
  • Current Application (Products,Sizes Run and Shape of Bottle): Capsule size 0
  • Model: GKF 702
  • Serial Number: 727797
  • Air Requirements: 5 BAR
  • Manufacturer Name: Bosch Packaging Technology
  • Machinery Weight: 2645.52 lb
  • Voltage: 400 VOLTS
  • Type of Filler: CAPSULE
  • Year: 2015
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 3
  • Located in: Germany

We buy Bosch Packaging Technology GKF 702 727797 700 BPM Size 0 5 BAR 400 VOLTS 50 HERTZ 2.5 KW in bulk. Click here to get a free valuation.

Marchesini Group BA 50 REVERSE TUCK 208 VOLTS | Horizontal Cartoners

  • Year: 1984 (refurbished in 2005)
  • Model: BA 50
  • Machinery Dimensions: 11 x 5 x 5 FT
  • Method of Code Dater: EMBOSS
  • Manufacturer Name: Marchesini Group
  • Closure: REVERSE TUCK
  • Line Motion: INTERMITTENT
  • Product Loading: AUTOMATIC
  • Machinery Weight: 2500 LBS
  • Frequency: 60
  • Product Handling: HORIZONTAL
  • Voltage: 208 VOLTS
  • Recommended Packaging Form: CUSTOM PALLET
  • Phase: 3
  • Located in: North America

We buy Marchesini Group BA 50 REVERSE TUCK 208 VOLTS in bulk. Click here to get a free valuation.

Zenith MTCH4-TR2 0612-7950 480 VOLTS 50 AMPS | Ultrasonic Cleaners

  • Machinery Dimensions: 184 x 54 x 70 IN
  • Model: MTCH4-TR2 0612-7950
  • Manufacturer Name: Zenith
  • Current: 50 AMPS
  • Voltage: 480 VOLTS
  • Machinery Weight: 2000 LBS
  • Phase: 3
  • Recommended Packaging Form: PALLET
  • Located in: North America

We buy Zenith MTCH4-TR2 0612-7950 480 VOLTS 50 AMPS in bulk. Click here to get a free valuation.

Phoenix 50/60 HERTZ | Conveyors

  • Manufacturer Name: Phoenix
  • Type of Conveyors: TABLE TOP- SLAT CONVEYOR
  • Machinery Dimensions: 59.06 x 59.06 x 59.06 in
  • Machinery Weight: 881.84 lb
  • Frequency: 50/60 HERTZ
  • Located in: Europe

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

Kruss DSA30S 30005565 60 HERTZ 100 WATTS | Analytical Equipment

  • Machinery Dimensions: 32 x 30 x 1.18 IN
  • Voltage: Plug convertor 120V AC to 24 VDC VOLTS
  • Model: DSA30S
  • Serial Number: 30005565
  • Manufacturer Name: Kruss
  • Machinery Weight: 100 LBS
  • Year: 2016
  • Current: 100 WATTS
  • Recommended Packaging Form: CUSTOM
  • Phase: 1
  • Frequency: 60 HERTZ
  • Located in: UT, USA

We buy Kruss DSA30S 30005565 60 HERTZ 100 WATTS in bulk. Click here to get a free valuation.

Perkin Elmer Autosystem XL 610N6040408 240 VOLTS 50/60 HERTZ | Miscellaneous

  • Serial Number: 610N6040408
  • Machinery Dimensions: 25.59 x 28.74 x 30.31 in
  • Model: Autosystem XL
  • Voltage: 240 VOLTS
  • Machinery Weight: 220.46 lb
  • Manufacturer Name: Perkin Elmer
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Basel, Basel, Switzerland

We buy Perkin Elmer Autosystem XL 610N6040408 240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

IKA Labor-Pilot 2000/4 0415043 380 VOLTS 50 HERTZ | Homogenizers

  • Machinery Dimensions: 20.87 x 33.07 x 51.18 in
  • Model: Labor-Pilot 2000/4
  • Serial Number: 0415043
  • Manufacturer Name: IKA
  • Year: 2004
  • Voltage: 380 VOLTS
  • Machinery Weight: 220.46 lb
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 3
  • Located in: Germany

We buy IKA Labor-Pilot 2000/4 0415043 380 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Unknown | Hand Held Tools/ Power Tools

  • Machinery Dimensions: 24 x 12 x 12 IN
  • Machinery Weight: 10 LBS
  • Recommended Packaging Form: 20C (28X20X20)
  • Located in: Costa Rica

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

Busch NC 0300 B L06 XXVJ U113006050 | Miscellaneous

  • Serial Number: U113006050
  • 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 U113006050 in bulk. Click here to get a free valuation.

Etipack Surprise 13 05 / 000002840 6 BAR 115/230 VOLTS 30 AMPS | Labelers

  • Machinery Dimensions: 39.96 x 16.02 x 25.20 in
  • Model: Surprise 13
  • Serial Number: 05 / 000002840
  • Manufacturer Name: Etipack
  • Current: 30 AMPS
  • Voltage: 115/230 VOLTS
  • Air Requirements: 6 BAR
  • Application Type: WIPE/MERGE
  • Machinery Weight: 1102.30 lb
  • Number of Labeling Heads: 1
  • Type of Labeler: INLINE
  • Year: 2005
  • CE Marked: YES
  • Located in: Debrecen, Hungary

We buy Etipack Surprise 13 05 / 000002840 6 BAR 115/230 VOLTS 30 AMPS in bulk. Click here to get a free valuation.

IWKA CP150 150 BPM 8 BAR REVERSE TUCK 380 VOLTS | Horizontal Cartoners

  • Machinery Dimensions: 163.39 x 66.14 x 72.83 in
  • Model: CP150
  • Speed: 150 BPM
  • Carton Size or Range: Length 20 - 90 mm; Width 15 - 60 mm; Depth 55 - 180 mm
  • Manufacturer Name: IWKA
  • Method of Code Dater: EMBOSS
  • Closure: REVERSE TUCK
  • Air Requirements: 8 BAR
  • Frequency: 50
  • Year: 1992
  • Machinery Weight: 2645.52 lb
  • Voltage: 380 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: Europe

We buy IWKA CP150 150 BPM 8 BAR REVERSE TUCK 380 VOLTS in bulk. Click here to get a free valuation.

VideoJet Excel 1781AF 1596m12013 240 VOLTS 50/60 HERTZ 2/1 AMPS | Printers

  • Serial Number: 1596m12013
  • Machinery Dimensions: 20 x 16 x 60 IN
  • Model: Excel 1781AF
  • Current: 2/1 AMPS
  • Manufacturer Name: VideoJet
  • Machinery Weight: 150 LBS
  • Voltage: 240 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 3
  • Recommended Packaging Form: PALLET
  • Located in: MA, USA

We buy VideoJet Excel 1781AF 1596m12013 240 VOLTS 50/60 HERTZ 2/1 AMPS in bulk. Click here to get a free valuation.

MultiPond 1612D-S5 417 240 VOLTS 2.5 KVA | Fillers

  • Machinery Dimensions: 74.80 x 41.93 x 149.61 in
  • Current: 2.5 KVA
  • Model: 1612D-S5
  • Serial Number: 417
  • Manufacturer Name: MultiPond
  • Type of Filler: SCALE
  • Year: 1991
  • Machinery Weight: 3306.90 lb
  • Voltage: 240 VOLTS
  • CE Marked: NO
  • Phase: 3
  • Located in: Lancashire, United Kingdom

We buy MultiPond 1612D-S5 417 240 VOLTS 2.5 KVA in bulk. Click here to get a free valuation.