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

Surplus Machinery

Alstom CFS 25000X18 BARS F4124 13580.32 gal | Boilers

  • Machinery Weight: 26455.20 lb
  • Machinery Dimensions: 36.09 x 16.40 x 13.12 ft
  • Fuel Type: GAS & OIL
  • Pressure Rating (Pressure): 18
  • Voltage: 3 x 380V VOLTS
  • Model: CFS 25000X18 BARS
  • Capacity Size: 13580.32 gal
  • Serial Number: F4124
  • Manufacturer Name: Alstom
  • Year: 2002
  • CE Marked: YES
  • Located in: Cote d'Ivoire

We buy Alstom CFS 25000X18 BARS F4124 13580.32 gal 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.

A-One Manufacturing A-1-18-270 23893-2 480 VOLTS 60 HERTZ STAINLESS STEEL 15 IN BELT CONVEYOR Food Grade | Conveyors

  • Machinery Dimensions: 258 x 105 x 78 IN
  • Type of Conveyor Belt: Food Grade
  • Belt Size: 15 IN
  • Model: A-1-18-270
  • Serial Number: 23893-2
  • Manufacturer Name: A-One Manufacturing
  • Guide Rails: NO
  • Type of Feet: ADJUSTABLE
  • Portable: NO
  • Type of Conveyors: BELT CONVEYOR
  • Machinery Weight: 1200 LBS
  • Material of Construction: STAINLESS STEEL
  • Voltage: 480 VOLTS
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: WI, USA

We buy A-One Manufacturing A-1-18-270 23893-2 480 VOLTS 60 HERTZ STAINLESS STEEL 15 IN BELT CONVEYOR Food Grade in bulk. Click here to get a free valuation.

Pavan STIAVELLI CPL85 170213 / 770413 65 BPM long pasta 90 PSI 380 VOLTS 50 HERTZ 16 AMPS | Horizontal Form Fill Seal Machines

  • Machinery Weight: 5291.04 lb
  • Machinery Dimensions: 124.02 x 59.06 x 106.30 in
  • Products Run: long pasta
  • Capacity Speed: 65 BPM
  • Capacity Size: 250 / 400 G
  • Serial Number: 170213 / 770413
  • Model: STIAVELLI CPL85
  • Manufacturer Name: Pavan
  • Current: 16 AMPS
  • Air Requirements: 90 PSI
  • Voltage: 380 VOLTS
  • Year: 2013
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: Chile

We buy Pavan STIAVELLI CPL85 170213 / 770413 65 BPM long pasta 90 PSI 380 VOLTS 50 HERTZ 16 AMPS in bulk. Click here to get a free valuation.

Thermo Finnigan TRACE GC ULTRA | Gas Chromatographs (GC)

  • Model: TRACE GC ULTRA
  • Manufacturer Name: Thermo Finnigan
  • Located in: North America

We buy Thermo Finnigan TRACE GC ULTRA in bulk. Click here to get a free valuation.

Xcellerex XDM-Q-200 02410 240 VOLTS 50 HERTZ 10 AMPS | Mixers

  • Serial Number: 02410
  • Machinery Dimensions: 27.56 x 43.31 x 43.31 in
  • Model: XDM-Q-200
  • Manufacturer Name: Xcellerex
  • Voltage: 240 VOLTS
  • Current: 10 AMPS
  • Machinery Weight: 198.41 lb
  • Frequency: 50 HERTZ
  • Phase: 1
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: Switzerland

We buy Xcellerex XDM-Q-200 02410 240 VOLTS 50 HERTZ 10 AMPS in bulk. Click here to get a free valuation.

Newark Wire FH-SS-SS-US #50 12 Inches | Miscellaneous

  • Machinery Dimensions: 48 x 40 x 35 IN
  • Diameter of Screen: 12 Inches
  • Model: FH-SS-SS-US #50
  • Manufacturer Name: Newark Wire
  • Number of Decks: 1
  • Machinery Weight: 30 LBS
  • Year: 2014
  • Located in: Forest, VA, USA

We buy Newark Wire FH-SS-SS-US #50 12 Inches in bulk. Click here to get a free valuation.

GE Healthcare Chromaflow column 600/100-300 3 BAR STAINLESS STEEL | Chromatography Columns

  • Machinery Dimensions: 31.50 x 31.50 x 61.02 in
  • Pressure Rating (Temperature): 4-30 DEG C
  • Pressure Rating: 3 BAR
  • Model: Chromaflow column 600/100-300
  • Manufacturer Name: GE Healthcare
  • Machinery Weight: 661.38 lb
  • Material of Construction: STAINLESS STEEL
  • Year: 2006
  • Recommended Packaging Form: CRATE
  • Located in: East Asia/Pacific

We buy GE Healthcare Chromaflow column 600/100-300 3 BAR STAINLESS STEEL in bulk. Click here to get a free valuation.

Caron 2050W 123100-2884-01 12 L/MIN 220 VOLTS 50/60 HERTZ 5.0 AMPS | Waterbaths and Circulators

  • Machinery Dimensions: 14 x 11 x 14 IN
  • Current: 5.0 AMPS
  • Capacity Speed: 12 L/MIN
  • Model: 2050W
  • Serial Number: 123100-2884-01
  • Manufacturer Name: Caron
  • Machinery Weight: 40 LBS
  • Voltage: 220 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Recommended Packaging Form: PALLET
  • Located in: MA, USA

We buy Caron 2050W 123100-2884-01 12 L/MIN 220 VOLTS 50/60 HERTZ 5.0 AMPS in bulk. Click here to get a free valuation.

Tektronix Inc. TLA 720 B010139 | Communication Testing Equipment

  • Machinery Dimensions: 17 x 28 x 14 IN
  • Model: TLA 720
  • Serial Number: B010139
  • Recommended Packaging Form: 24C
  • Manufacturer Name: Tektronix Inc.
  • Machinery Weight: 45 LBS
  • CE Marked: YES
  • Located in: CA, USA

We buy Tektronix Inc. TLA 720 B010139 in bulk. Click here to get a free valuation.

Graco PROP STYLE | Agitators

  • Manufacturer Name: Graco
  • Machinery Dimensions: 31.50 x 31.50 x 39.37 in
  • Type of Agitation: PROP STYLE
  • Machinery Weight: 176.37 lb
  • Recommended Packaging Form: CUSTOM
  • CE Marked: NO
  • Located in: Latin America

We buy Graco PROP STYLE in bulk. Click here to get a free valuation.

ABB Group V70EZL8D10 OIL FILLED 60 HERTZ | Transformers

  • Machinery Weight: 5000 LBS
  • Machinery Dimensions: 6 x 6 x 5 FT
  • Transformer Cooling Type: KNAN
  • Type of Transformer: OIL FILLED
  • Taps: 5
  • Secondary Voltage: 480Y
  • Primary Voltage: 12000Y
  • KVA: 400
  • Model: V70EZL8D10
  • Manufacturer Name: ABB Group
  • Year: 2015
  • CE Marked: NO
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: CA, USA

We buy ABB Group V70EZL8D10 OIL FILLED 60 HERTZ in bulk. Click here to get a free valuation.

CAM Packaging Systems ASB 38 40 CPM | Bundlers

  • Machinery Dimensions: 88.58 x 47.24 x 70.87 in
  • Model: ASB 38
  • Manufacturer Name: CAM Packaging Systems
  • Capacity Speed: 40 CPM
  • Year: 2004
  • Machinery Weight: 3747.82 lb
  • CE Marked: YES
  • Located in: Europe

We buy CAM Packaging Systems ASB 38 40 CPM in bulk. Click here to get a free valuation.

Polax 220 VOLTS 60 HERTZ 30 WATTS | Polarimeters

  • Machinery Dimensions: 17.32 x 5.12 x 12.60 in
  • Manufacturer Name: Polax
  • Current: 30 WATTS
  • Machinery Weight: 15.43 lb
  • Voltage: 220 VOLTS
  • Phase: 1
  • Frequency: 60 HERTZ
  • Located in: Brazil

We buy Polax 220 VOLTS 60 HERTZ 30 WATTS in bulk. Click here to get a free valuation.

Vector Corporation GMX 600 HIGH SHEAR 480 VOLTS 60 HERTZ 158.56 gal | Miscellaneous

  • Model: GMX 600
  • Manufacturer Name: Vector Corporation
  • Capacity Size: 158.56 gal
  • Type of mixer: HIGH SHEAR
  • Machinery Weight: 0 Pounds
  • Machinery Dimensions: 0 x 0 x 0 IN
  • Voltage: 480 VOLTS
  • Jacketed: NO
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Forest, VA, USA

We buy Vector Corporation GMX 600 HIGH SHEAR 480 VOLTS 60 HERTZ 158.56 gal in bulk. Click here to get a free valuation.

Liconic STX40 1204/HR 115-240 VOLTS 50/60 HERTZ | Miscellaneous

  • Machinery Dimensions: 23.62 x 19.29 x 46.46 in
  • Model: STX40
  • Serial Number: 1204/HR
  • Manufacturer Name: Liconic
  • Voltage: 115-240 VOLTS
  • Machinery Weight: 165.35 lb
  • Year: 2003
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Recommended Packaging Form: PALLET
  • Located in: Basel, Basel, Switzerland

We buy Liconic STX40 1204/HR 115-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

IMA FLEXA CSD 6 BAR 400 VOLTS 50 HERTZ 23 AMPS | Horizontal Cartoners

  • Machinery Dimensions: 143.70 x 68.90 x 78.74 in
  • Current: 23 AMPS
  • Product Loading: AUTOMATIC
  • Product Sizing: Carton width 15-90 mm Carton height 12-65 mm Carton length 55-190 mm
  • Model: FLEXA CSD
  • Manufacturer Name: IMA
  • Voltage: 400 VOLTS
  • Product Handling: HORIZONTAL
  • Line Motion: CONTINUOUS
  • Machinery Weight: 3086.44 lb
  • Air Requirements: 6 BAR
  • Year: 2009
  • Frequency: 50 HERTZ
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy IMA FLEXA CSD 6 BAR 400 VOLTS 50 HERTZ 23 AMPS in bulk. Click here to get a free valuation.

Bird Sentry 16694ABDF04372 | Blenders

  • Machinery Dimensions: 20 x 20 x 55 IN
  • Type of Blender: ROTARY
  • Serial Number: 16694ABDF04372
  • Manufacturer Name: Bird Sentry
  • Machinery Weight: 150 LBS
  • CE Marked: YES
  • Located in: NJ, USA

We buy Bird Sentry 16694ABDF04372 in bulk. Click here to get a free valuation.

Thermo Vortex Maxi Mix II C18611009263319 120 VOLTS 50/60 HERTZ 50 WATTS | Mixers

  • Machinery Dimensions: 6.30 x 4.72 x 6.30 in
  • Model: Vortex Maxi Mix II
  • Serial Number: C18611009263319
  • Manufacturer Name: Thermo
  • Type of mixer: LABORATORY
  • Current: 50 WATTS
  • Machinery Weight: 2.20 lb
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Voltage: 120 VOLTS
  • Located in: Sao Paulo, Brazil

We buy Thermo Vortex Maxi Mix II C18611009263319 120 VOLTS 50/60 HERTZ 50 WATTS in bulk. Click here to get a free valuation.

Agilent Technologies DSO5054A MY47150574 500 MHz 4 GSa/s 100-240 VOLTS 50/60 HERTZ | Miscellaneous

  • Machinery Weight: 8 LBS
  • Machinery Dimensions: 16 x 7 x 10 IN
  • Sample Rate: 4 GSa/s
  • Bandwidth: 500 MHz
  • Model: DSO5054A
  • Serial Number: MY47150574
  • Recommended Packaging Form: 19C (22X15X13)
  • Manufacturer Name: Agilent Technologies
  • Voltage: 100-240 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: San Jose, CA, USA

We buy Agilent Technologies DSO5054A MY47150574 500 MHz 4 GSa/s 100-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

AFT Group 400 VOLTS 50/60 HERTZ | Food Equipment

  • Machinery Weight: 881.84 lb
  • Machinery Dimensions: 47.24 x 27.56 x 47.24 in
  • Manufacturer Name: AFT Group
  • Voltage: 400 VOLTS
  • Year: 2008
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 3
  • Located in: Europe

We buy AFT Group 400 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Omega Design 2325 6 BAR 240 VOLTS 50 HERTZ | Vibratory Feeders

  • Machinery Weight: 665.79 lb
  • Machinery Dimensions: 53.15 x 47.24 x 78.74 in
  • Serial Number: 2325
  • Manufacturer Name: Omega Design
  • Voltage: 240 VOLTS
  • Air Requirements: 6 BAR
  • Frequency: 50 HERTZ
  • Phase: 1
  • Located in: Italy

We buy Omega Design 2325 6 BAR 240 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

De Dietrich PTE08 | Agitators

  • Machinery Dimensions: 140 x 39 x 43 IN
  • Model: PTE08
  • Manufacturer Name: De Dietrich
  • Machinery Weight: 800 LBS
  • Located in: North America

We buy De Dietrich PTE08 in bulk. Click here to get a free valuation.

Antares Vision AV1000.0 201303.1000.003 230 VOLTS 50/60 HERTZ 3,4 AMPS PARTICLE SIZE | Analyzers

  • Machinery Weight: 220 Pounds
  • Machinery Dimensions: 47.24 x 35.43 x 70.87 in
  • Current: 3,4 AMPS
  • Model: AV1000.0
  • Serial Number: 201303.1000.003
  • Manufacturer Name: Antares Vision
  • Type: PARTICLE SIZE
  • Year: 2013
  • Voltage: 230 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 3
  • Located in: ParanĂ¡ (PR), Brazil

We buy Antares Vision AV1000.0 201303.1000.003 230 VOLTS 50/60 HERTZ 3,4 AMPS PARTICLE SIZE in bulk. Click here to get a free valuation.

Manesty 4212 8X1NO | Granulators

  • Machinery Dimensions: 51.18 x 31.50 x 59.06 in
  • Serial Number: 8X1NO
  • Model: 4212
  • Manufacturer Name: Manesty
  • Machinery Weight: 385.81 lb
  • Year: 1993
  • Recommended Packaging Form: CUSTOM
  • CE Marked: NO
  • Located in: Spain

We buy Manesty 4212 8X1NO in bulk. Click here to get a free valuation.

Sorensen DLM20-30M9G 1529A01833,1447A00148 115-230 VOLTS 50/60 HERTZ 714 WATTS | Miscellaneous

  • Serial Number: 1529A01833,1447A00148
  • Machinery Dimensions: 38 x 9 x 2 IN
  • Current: 714 WATTS
  • Model: DLM20-30M9G
  • Manufacturer Name: Sorensen
  • Machinery Weight: 18 LBS
  • Voltage: 115-230 VOLTS
  • Recommended Packaging Form: 19C (22X15X13)
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: San Jose, CA, USA

We buy Sorensen DLM20-30M9G 1529A01833,1447A00148 115-230 VOLTS 50/60 HERTZ 714 WATTS in bulk. Click here to get a free valuation.

Kokusai Electric DD-802V DRY ANNEAL | Diffusion Furnace

  • Process Capability: DRY ANNEAL
  • Machinery Dimensions: 108 x 72 x 156 IN
  • Model: DD-802V
  • Manufacturer Name: Kokusai Electric
  • Machinery Weight: 3500 LBS
  • Year: 1991
  • Recommended Packaging Form: CUSTOM
  • Located in: East Asia/Pacific

We buy Kokusai Electric DD-802V DRY ANNEAL in bulk. Click here to get a free valuation.

Holzworth Instrumentation HS9002A 324, 286 | Miscellaneous

  • Serial Number: 324, 286
  • Machinery Weight: 34 LBS
  • Machinery Dimensions: 36 x 16 x 2 IN
  • Model: HS9002A
  • Manufacturer Name: Holzworth Instrumentation
  • Recommended Packaging Form: 20C (28X20X20)
  • Located in: San Jose, CA, USA

We buy Holzworth Instrumentation HS9002A 324, 286 in bulk. Click here to get a free valuation.

IMA Matic 120 2262 120000 CPH 87 PSI 460 VOLTS 60 HERTZ 20 AMPS | Miscellaneous

  • Machinery Dimensions: 72 x 75 x 80 IN
  • Air Requirements: 87 PSI
  • Products Run: Powder
  • Product Sizing: 1, 3, and 4
  • Serial Number: 2262
  • Capacity Speed: 120000 CPH
  • Model: Matic 120
  • Manufacturer Name: IMA
  • Year: 1999
  • Voltage: 460 VOLTS
  • Machinery Weight: 3000 LBS
  • CE Marked: YES
  • Current: 20 AMPS
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Forest, VA, USA

We buy IMA Matic 120 2262 120000 CPH 87 PSI 460 VOLTS 60 HERTZ 20 AMPS in bulk. Click here to get a free valuation.

Napa Auto Parts 3532 | Filters

  • Machinery Dimensions: 3.27 x 3.27 x 6 IN
  • Model: 3532
  • Manufacturer Name: Napa Auto Parts
  • Machinery Weight: 2 LBS
  • Year: 2008
  • Located in: North America

We buy Napa Auto Parts 3532 in bulk. Click here to get a free valuation.

BD Biosciences FACSCanto II V96100084 | Flow Cytometers

  • Serial Number: V96100084
  • Manufacturer Name: BD Biosciences
  • Model: FACSCanto II
  • Machinery Dimensions: 1 x 1 x 1 IN
  • Machinery Weight: 176.37 lb
  • Year: 2006
  • Located in: Essex, United Kingdom

We buy BD Biosciences FACSCanto II V96100084 in bulk. Click here to get a free valuation.

Mac Equipment | Dust Collectors

  • Manufacturer Name: Mac Equipment
  • Machinery Weight: 1 LBS
  • Machinery Dimensions: 1 x 1 x 1 IN
  • Located in: NC, USA

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

Future Design Controls Inc. FDC-21071 | Miscellaneous

  • Machinery Dimensions: 11 x 8 x 4 IN
  • Type of Controller: TEMPERATURE
  • Model: FDC-21071
  • Manufacturer Name: Future Design Controls Inc.
  • Machinery Weight: 15 Pounds
  • Recommended Packaging Form: 12C (12X12X12)
  • Located in: Forest, VA, USA

We buy Future Design Controls Inc. FDC-21071 in bulk. Click here to get a free valuation.

Anritsu Corporation MT8820C 6200918334 100-120/200-240 VOLTS 50/60 HERTZ 750 VA | Miscellaneous

  • Serial Number: 6200918334
  • 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 6200918334 100-120/200-240 VOLTS 50/60 HERTZ 750 VA in bulk. Click here to get a free valuation.

Metronic UV-Trockner 0247. 400 VOLTS 50 HERTZ | Printing or Code Markers

  • Machinery Dimensions: 39.37 x 110.24 x 94.49 in
  • Serial Number: 0247.
  • Model: UV-Trockner
  • Manufacturer Name: Metronic
  • Voltage: 400 VOLTS
  • Machinery Weight: 1102.30 lb
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Year: 1998
  • Phase: 3
  • Located in: Wales, United Kingdom

We buy Metronic UV-Trockner 0247. 400 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Nikon Labophot 220 VOLTS | Microscopes

  • Machinery Dimensions: 15.16 x 9.06 x 19.69 in
  • Model: Labophot
  • Manufacturer Name: Nikon
  • Type of Microscope: BINOCULAR
  • Machinery Weight: 22.05 lb
  • Voltage: 220 VOLTS
  • Phase: 1
  • Located in: Europe

We buy Nikon Labophot 220 VOLTS in bulk. Click here to get a free valuation.

Daikin REYQ14M8W1BA 1700152 400 VOLTS 50 HERTZ | Chillers

  • Machinery Dimensions: 48.82 x 30.31 x 63.39 in
  • Model: REYQ14M8W1BA
  • Serial Number: 1700152
  • Manufacturer Name: Daikin
  • Machinery Weight: 661.38 lb
  • Voltage: 400 VOLTS
  • Year: 2007
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 3
  • Located in: East Sussex, United Kingdom

We buy Daikin REYQ14M8W1BA 1700152 400 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Secure Pak D-3633 | Miscellaneous

  • Machinery Dimensions: 16 x 10 x 5 IN
  • Serial Number: D-3633
  • Manufacturer Name: Secure Pak
  • Machinery Weight: 10 Pounds
  • Recommended Packaging Form: 12C (12X12X12)
  • Located in: Forest, VA, USA

We buy Secure Pak D-3633 in bulk. Click here to get a free valuation.

Sorensen DLM20-30M9G 1333A00052,1328A02312 115-230 VOLTS 50/60 HERTZ 714 WATTS | Miscellaneous

  • Serial Number: 1333A00052,1328A02312
  • Machinery Dimensions: 38 x 9 x 2 IN
  • Current: 714 WATTS
  • Model: DLM20-30M9G
  • Manufacturer Name: Sorensen
  • Machinery Weight: 18 LBS
  • Voltage: 115-230 VOLTS
  • Recommended Packaging Form: 19C (22X15X13)
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: San Jose, CA, USA

We buy Sorensen DLM20-30M9G 1333A00052,1328A02312 115-230 VOLTS 50/60 HERTZ 714 WATTS in bulk. Click here to get a free valuation.

Johnson Controls XT0-051X072-BAJA046A CKCMXT0097 2.20 lb 460 VOLTS 60 HERTZ | Air Handlers

  • Model: XT0-051X072-BAJA046A
  • Serial Number: CKCMXT0097
  • Machinery Dimensions: 94 x 72 x 59 IN
  • Manufacturer Name: Johnson Controls
  • Machinery Weight: 2300 LBS
  • Capacity Size: 2.20 lb
  • Voltage: 460 VOLTS
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Distrito Nacional, Dominican Republic

We buy Johnson Controls XT0-051X072-BAJA046A CKCMXT0097 2.20 lb 460 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.