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

Surplus Machinery

Vetraco s.r.l. CP24W | Powder Filling Lines

  • Machinery Weight: 2391.99 lb
  • Machinery Dimensions: 240 x 144 x 225 IN
  • Products Run: PRESSED POWDER, COSMETICS POWDER, BLUSH, BRONZER, FACE POWDER
  • Model: CP24W
  • Manufacturer Name: Vetraco s.r.l.
  • Year: 2017
  • CE Marked: YES
  • Located in: Europe

We buy Vetraco s.r.l. CP24W in bulk. Click here to get a free valuation.

Servolift MF 13893 551.15 lb 400-230 VOLTS 50/60 HERTZ | Blenders

  • Machinery Dimensions: 91.73 x 43.31 x 86.61 in
  • Voltage: 400-230 VOLTS
  • Model: MF
  • Serial Number: 13893
  • Manufacturer Name: Servolift
  • Machinery Weight: 6790.17 lb
  • Capacity Size: 551.15 lb
  • Type of Blender: DRUM
  • Phase: 3+1
  • Year: 2017
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Located in: Germany

We buy Servolift MF 13893 551.15 lb 400-230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Waters 2695 A97SM4760M 115 VOLTS 50/60 HERTZ | HPLC

  • Serial Number: A97SM4760M
  • Machinery Dimensions: 47 x 24 x 28 IN
  • Type of Detector for HPLC: ABSORBANCE
  • Machinery Weight: 210 LBS
  • Manufacturer Name: Waters
  • Model: 2695
  • Second Detector: FLUORESCENCE
  • Type of Pump for HPLC: QUATERNARY
  • Voltage: 115 VOLTS
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: PR, USA

We buy Waters 2695 A97SM4760M 115 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Domino A200 | Printing or Code Markers

  • Machinery Dimensions: 22.05 x 13.78 x 29.53 in
  • Model: A200
  • Manufacturer Name: Domino
  • Machinery Weight: 220.46 lb
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy Domino A200 in bulk. Click here to get a free valuation.

Seidenader V90-AVSB/60-RL | Inspection Machines

  • Machinery Dimensions: 78.74 x 35.43 x 64.96 in
  • Machinery Dimensions: 35.43 x 70.87 x 70.87 in
  • Model: V90-AVSB/60-RL
  • Manufacturer Name: Seidenader
  • Machinery Weight: 500 LBS
  • Machinery Weight: 1102.30 lb
  • Year: 2007
  • Located in: Europe

We buy Seidenader V90-AVSB/60-RL in bulk. Click here to get a free valuation.

Anritsu Corporation MD8430A 6201398526 100-120/200-240 VOLTS 50/60 HERTZ 1200 VA | Miscellaneous

  • Serial Number: 6201398526
  • Machinery Dimensions: 23 x 18 x 13 IN
  • Current: 1200 VA
  • Model: MD8430A
  • Manufacturer Name: Anritsu Corporation
  • Machinery Weight: 77 LBS
  • 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 MD8430A 6201398526 100-120/200-240 VOLTS 50/60 HERTZ 1200 VA in bulk. Click here to get a free valuation.

Harvard Apparatus Pump 11 | Miscellaneous

  • Machinery Dimensions: 19.69 x 15.75 x 7.87 in
  • Model: Pump 11
  • Manufacturer Name: Harvard Apparatus
  • Machinery Weight: 11.02 lb
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Located in: Bridgend , Wales, United Kingdom

We buy Harvard Apparatus Pump 11 in bulk. Click here to get a free valuation.

Busch NC 0300 B L06 XXVJ U123808540 | Miscellaneous

  • Serial Number: U123808540
  • 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 U123808540 in bulk. Click here to get a free valuation.

Endecotts AS 200 10045-13 240 VOLTS 50 HERTZ | Sieves or Sifters

  • Machinery Dimensions: 50.39 x 15.75 x 25.59 in
  • Model: AS 200
  • Serial Number: 10045-13
  • Manufacturer Name: Endecotts
  • Voltage: 240 VOLTS
  • Machinery Weight: 121.25 lb
  • Year: 2013
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 1
  • Located in: Italy

We buy Endecotts AS 200 10045-13 240 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

DL Tech | Labelers

  • Machinery Dimensions: 103 x 50 x 72 IN
  • Manufacturer Name: DL Tech
  • Machinery Weight: 1500 LBS
  • Located in: North America

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

Zeiss OPMI 99 ENT | Miscellaneous

  • Machinery Dimensions: 51.18 x 23.62 x 24.41 in
  • Model: OPMI 99 ENT
  • Manufacturer Name: Zeiss
  • Type of Microscope: BINOCULAR
  • Machinery Weight: 66.14 lb
  • Recommended Packaging Form: CUSTOM
  • Located in: Bridgend , Wales, United Kingdom

We buy Zeiss OPMI 99 ENT in bulk. Click here to get a free valuation.

ADMV DISTRIBUTEUR DE SERINGUES 400 VOLTS 50 HERTZ 6 AMPS | Feeders and Straighteners

  • Machinery Weight: 985.46 lb
  • Machinery Dimensions: 181.10 x 49.21 x 75.59 in
  • Model: DISTRIBUTEUR DE SERINGUES
  • Year: 2000
  • Manufacturer Name: ADMV
  • Voltage: 400 VOLTS
  • Current: 6 AMPS
  • Frequency: 50 HERTZ
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy ADMV DISTRIBUTEUR DE SERINGUES 400 VOLTS 50 HERTZ 6 AMPS in bulk. Click here to get a free valuation.

Anritsu Corporation MT8820C 6200971111 100-120/200-240 VOLTS 50/60 HERTZ 750 VA | Miscellaneous

  • Serial Number: 6200971111
  • Machinery Weight: 43 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 6200971111 100-120/200-240 VOLTS 50/60 HERTZ 750 VA in bulk. Click here to get a free valuation.

BVM Brunner GmbH u CO Kg BM 6030 L SC 6530 SD 20071237532 50,4 KW 400 VOLTS 50 HERTZ 16 AMPS | Sleevers

  • Machinery Dimensions: 155.51 x 39.37 x 59.06 in
  • Capacity Details: 25 trays/min ( 270 x 360 x 130 mm)
  • Product Sizing: Glass jars from 350 to 1000g
  • Capacity Speed: 25 CU FT/MIN
  • Capacity Size: 50,4 KW
  • Serial Number: 20071237532
  • Model: BM 6030 L SC 6530 SD
  • Manufacturer Name: BVM Brunner GmbH u CO Kg
  • Current: 16 AMPS
  • Phase: 3+1
  • Voltage: 400 VOLTS
  • Machinery Weight: 4409.20 lb
  • Year: 2007
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Located in: Netherlands

We buy BVM Brunner GmbH u CO Kg BM 6030 L SC 6530 SD 20071237532 50,4 KW 400 VOLTS 50 HERTZ 16 AMPS in bulk. Click here to get a free valuation.

Tokyo Electron Limited VIP4 Board 0131222-000 | Prober Parts

  • Machinery Dimensions: 13.78 x 9.84 x 3.54 in
  • Model: VIP4 Board 0131222-000
  • Manufacturer Name: Tokyo Electron Limited
  • Machinery Weight: 1 LBS
  • Located in: East Asia/Pacific

We buy Tokyo Electron Limited VIP4 Board 0131222-000 in bulk. Click here to get a free valuation.

Aczet Pvt.Ltd. CM 11 | Balances

  • Model: CM 11
  • Manufacturer Name: Aczet Pvt.Ltd.
  • Located in: North America

We buy Aczet Pvt.Ltd. CM 11 in bulk. Click here to get a free valuation.

Mahle LGA1200FUW 7.052.889.02 50/60 HERTZ CARBON STEEL | Rotary Vacuum Filters

  • Machinery Weight: 614 LBS
  • Machinery Dimensions: 80 x 97 x 44 IN
  • Current: 9.1 / 6.4 AMPS
  • Voltage: 380 / 480 VOLTS
  • Serial Number: 7.052.889.02
  • Model: LGA1200FUW
  • Manufacturer Name: Mahle
  • Year: 2013
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Material of Construction: CARBON STEEL
  • Phase: 3
  • Located in: MA, USA

We buy Mahle LGA1200FUW 7.052.889.02 50/60 HERTZ CARBON STEEL in bulk. Click here to get a free valuation.

Hitachi ALP 2002 / PrepStar SD-2 / ProStar 325 | HPLC

  • Model: ALP 2002 / PrepStar SD-2 / ProStar 325
  • Manufacturer Name: Hitachi
  • Located in: North America

We buy Hitachi ALP 2002 / PrepStar SD-2 / ProStar 325 in bulk. Click here to get a free valuation.

Mono Equipment 100 | Food Equipment

  • Manufacturer Name: Mono Equipment
  • Machinery Dimensions: 0.00 x 0.00 x 0.00 in
  • Machinery Weight: 0.00 lb
  • Model: 100
  • Located in: Europe

We buy Mono Equipment 100 in bulk. Click here to get a free valuation.

Illumina CBOT 600125 100/240 VOLTS 50/60 HERTZ 500 WATTS | Sequencers

  • Machinery Dimensions: 15.75 x 27.56 x 15.75 in
  • Model: CBOT
  • Serial Number: 600125
  • Manufacturer Name: Illumina
  • Current: 500 WATTS
  • Machinery Weight: 55.12 lb
  • Voltage: 100/240 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Antwerpen, Belgium

We buy Illumina CBOT 600125 100/240 VOLTS 50/60 HERTZ 500 WATTS in bulk. Click here to get a free valuation.

Thermo Finnigan GCQ | Mass Spectrometers

  • Model: GCQ
  • Manufacturer Name: Thermo Finnigan
  • Located in: North America

We buy Thermo Finnigan GCQ in bulk. Click here to get a free valuation.

Marchesini T20 FLOW WRAPPING(OVERWRAPPING) 380 VOLTS 50 HERTZ | Wrappers/Overwrappers/Bundlers

  • Machinery Dimensions: 2000 x 1750 x 1650 IN
  • Products Run: products cylindrical, square, rectangular and oval in various formats
  • Product Sizing: Bundle dimension min. 25 x 10 x 60 Bundle dimension max. 120 x 60 x 300
  • Capacity Speed: 20-30 cycles/min CU FT/MIN
  • Model: T20
  • Manufacturer Name: Marchesini
  • Wrapping Method: FLOW WRAPPING(OVERWRAPPING)
  • Machinery Weight: 350 LBS
  • Voltage: 380 VOLTS
  • Year: 1996
  • Frequency: 50 HERTZ
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: Europe

We buy Marchesini T20 FLOW WRAPPING(OVERWRAPPING) 380 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Jewett LR37B 62523-398 120 VOLTS 60 HERTZ 12.14 AMPS | Refrigerators

  • Current: 12.14 AMPS
  • Serial Number: 62523-398
  • Machinery Weight: 601 LBS
  • Machinery Dimensions: 60 x 33 x 74 IN
  • Model: LR37B
  • Manufacturer Name: Jewett
  • Type of Refrigerator: UPRIGHT
  • CE Marked: YES
  • Phase: 1
  • Voltage: 120 VOLTS
  • Recommended Packaging Form: CUSTOM PALLET
  • Frequency: 60 HERTZ
  • Located in: CA, USA

We buy Jewett LR37B 62523-398 120 VOLTS 60 HERTZ 12.14 AMPS in bulk. Click here to get a free valuation.

Unknown MCH-K305D 014010098,014010068 220 VOLTS 50/60 HERTZ 1.5 AMPS | Miscellaneous

  • Machinery Dimensions: 18 x 3 x 7 IN
  • Model: MCH-K305D
  • Serial Number: 014010098,014010068
  • Current: 1.5 AMPS
  • Machinery Weight: 6 LBS
  • Recommended Packaging Form: 12C (12X12X12)
  • Voltage: 220 VOLTS
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Hillsboro, OR, USA

We buy Unknown MCH-K305D 014010098,014010068 220 VOLTS 50/60 HERTZ 1.5 AMPS in bulk. Click here to get a free valuation.

Meco CS8100 8000 LBS 8000 LBS/HR 460 VOLTS 60 HERTZ 4.8 AMPS | Steam Generators

  • Machinery Dimensions: 6 x 6 x 13 FT
  • Capacity Speed: 8000 LBS/HR
  • Model: CS8100
  • Capacity Size: 8000 LBS
  • Manufacturer Name: Meco
  • Current: 4.8 AMPS
  • Year: 2004
  • Voltage: 460 VOLTS
  • Machinery Weight: 6000 LBS
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: North America

We buy Meco CS8100 8000 LBS 8000 LBS/HR 460 VOLTS 60 HERTZ 4.8 AMPS in bulk. Click here to get a free valuation.

Agilent Technologies E3620A MY40003647, MY40010201 | Miscellaneous

  • Model: E3620A
  • Serial Number: MY40003647, MY40010201
  • Machinery Weight: 22 LBS
  • Machinery Dimensions: 32 x 9 x 4 IN
  • Recommended Packaging Form: 19C (22X15X13)
  • Manufacturer Name: Agilent Technologies
  • Located in: San Jose, CA, USA

We buy Agilent Technologies E3620A MY40003647, MY40010201 in bulk. Click here to get a free valuation.

Best Pack 3ALR-2 113107 220 VOLTS 50 HERTZ | Tapers

  • Serial Number: 113107
  • Machinery Dimensions: 80 x 35 x 64 IN
  • Model: 3ALR-2
  • Manufacturer Name: Best Pack
  • Machinery Weight: 661.38 lb
  • Year: 2011
  • Frequency: 50 HERTZ
  • Voltage: 220 VOLTS
  • Phase: 1
  • Located in: Medan, Indonesia

We buy Best Pack 3ALR-2 113107 220 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

CAM OAM ASB 380 VOLTS 50/60 HERTZ | Feeders and Straighteners

  • Machinery Dimensions: 118.11 x 51.18 x 78.74 in
  • Type of Control: MANUAL
  • Model: ASB
  • Manufacturer Name: CAM OAM
  • Voltage: 380 VOLTS
  • Machinery Weight: 2204.60 lb
  • Year: 1995
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 3
  • Located in: Europe

We buy CAM OAM ASB 380 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

PowerSonic 9704-1, 9808-1 120 VOLTS 60 HERTZ | Ultrasonic Cleaners

  • Machinery Dimensions: 51 x 25 x 37 IN
  • Serial Number: 9704-1, 9808-1
  • Manufacturer Name: PowerSonic
  • Machinery Weight: 350 LBS
  • Recommended Packaging Form: CUSTOM
  • Phase: 1
  • Voltage: 120 VOLTS
  • Frequency: 60 HERTZ
  • Located in: MA, USA

We buy PowerSonic 9704-1, 9808-1 120 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

De Dietrich BE6300 73654 GLASS LINED 2001.77 gal 118.11 in 78.74 in 400 VOLTS 50 HERTZ | Reactors

  • Machinery Weight: 15046.39 lb
  • Machinery Dimensions: 110.24 x 125.98 x 125.98 in
  • Inside Diameter: 78.74 in
  • Jacket Temperature Rating: -25 to 200 DEG C
  • Jacket Pressure Rating: -1 to 12 BAR
  • Internal Temperature Rating: -25 to 175 DEG C
  • Internal Pressure Rating: -1 to 6 BAR
  • Glass Lined - Has Vessel Been Spark Tested: YES
  • Model: BE6300
  • Capacity of Reactor: 2001.77 gal
  • Serial Number: 73654
  • Manufacturer Name: De Dietrich
  • Straight Side: 118.11 in
  • Type of Agitation: 3 BLADE RETREAT
  • Reactor Material of Construction: GLASS LINED
  • Agitator Location: TOP
  • Agitation: YES
  • Voltage: 400 VOLTS
  • Year: 2015
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 3
  • Located in: Antwerp, Belgium

We buy De Dietrich BE6300 73654 GLASS LINED 2001.77 gal 118.11 in 78.74 in 400 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Qualicaps Inc. LIQFIL-SUPER40 131 40,000 BPH 60 HERTZ | Fillers

  • Machinery Dimensions: 48 x 43 x 84 IN
  • Capsule Size: 2
  • Max operating speed: 40,000 BPH
  • Model: LIQFIL-SUPER40
  • Serial Number: 131
  • Manufacturer Name: Qualicaps Inc.
  • Type of Filler: CAPSULE
  • Machinery Weight: 1000 LBS
  • Frequency: 60 HERTZ
  • Located in: VA, USA

We buy Qualicaps Inc. LIQFIL-SUPER40 131 40,000 BPH 60 HERTZ in bulk. Click here to get a free valuation.

COPRINOX STAINLESS STEEL 290.69 gal 14.7 PSI | Reactors

  • Capacity of Reactor: 290.69 gal
  • Machinery Dimensions: 47.24 x 47.24 x 78.74 in
  • Internal Pressure Rating: 14.7 PSI
  • Grade of Stainless Steel: 304
  • Manufacturer Name: COPRINOX
  • Machinery Weight: 507.06 lb
  • Agitator Location: TOP
  • Agitation: YES
  • Reactor Material of Construction: STAINLESS STEEL
  • Located in: Europe

We buy COPRINOX STAINLESS STEEL 290.69 gal 14.7 PSI in bulk. Click here to get a free valuation.

S and P | Air Handlers

  • Machinery Dimensions: 37.40 x 47.24 x 47.24 in
  • Manufacturer Name: S and P
  • Capacity Size: lb
  • Voltage: VOLTS
  • Machinery Weight: 661.38 lb
  • Recommended Packaging Form: CUSTOM
  • CE Marked: NO
  • Located in: Distrito Federal, Mexico

We buy S and P in bulk. Click here to get a free valuation.

Spectrum Labs KPS-200 | Bioreactors

  • Machinery Dimensions: 38 x 28 x 71 IN
  • Model: KPS-200
  • Manufacturer Name: Spectrum Labs
  • Machinery Weight: 300 LBS
  • Recommended Packaging Form: PALLET
  • Located in: North America

We buy Spectrum Labs KPS-200 in bulk. Click here to get a free valuation.

NNP Corporation 50 HERTZ | Conveyors

  • Machinery Dimensions: 94.49 x 23.62 x 59.06 in
  • Manufacturer Name: NNP Corporation
  • Type of Conveyors: INCLINE ELEVATOR CONVEYOR
  • Machinery Weight: 1102.30 lb
  • Frequency: 50 HERTZ
  • Located in: Europe

We buy NNP Corporation 50 HERTZ in bulk. Click here to get a free valuation.

Niverplast CP-840-RVS-D-E-ACE 6339 6 BAR 400/230 VOLTS 50 HERTZ 16 AMPS | Case Erectors

  • Model: CP-840-RVS-D-E-ACE
  • Serial Number: 6339
  • Manufacturer Name: Niverplast
  • Bottom Sealing: TAPE
  • Current: 16 AMPS
  • Voltage: 400/230 VOLTS
  • Machinery Weight: 2645.52 lb
  • Machinery Dimensions: 1 x 1 x 1 IN
  • Air Requirements: 6 BAR
  • Year: 2011
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM PALLET
  • Phase: 3
  • Located in: ON, Canada

We buy Niverplast CP-840-RVS-D-E-ACE 6339 6 BAR 400/230 VOLTS 50 HERTZ 16 AMPS in bulk. Click here to get a free valuation.

Quimis Q400MT 11 VOLTS | pH Meters

  • Machinery Dimensions: 8.27 x 7.76 x 80 in
  • Voltage: 11 VOLTS
  • Model: Q400MT
  • Manufacturer Name: Quimis
  • Year: 2014
  • Machinery Weight: 2.20 lb
  • Located in: Brazil

We buy Quimis Q400MT 11 VOLTS in bulk. Click here to get a free valuation.

Thermo Electron Corporation Genesys 10 UV 100-240 VOLTS 50/60 HERTZ 80 WATTS | Spectrophotometers

  • Machinery Dimensions: 19 x 13 x 9 IN
  • Model: Genesys 10 UV
  • Manufacturer Name: Thermo Electron Corporation
  • Current: 80 WATTS
  • Machinery Weight: 24 LBS
  • Voltage: 100-240 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Located in: MA, USA

We buy Thermo Electron Corporation Genesys 10 UV 100-240 VOLTS 50/60 HERTZ 80 WATTS in bulk. Click here to get a free valuation.

Vision Biosystems Bond-Max 220 VOLTS 50 HERTZ | Miscellaneous

  • Machinery Dimensions: 30.71 x 28.35 x 27.56 in
  • Model: Bond-Max
  • Manufacturer Name: Vision Biosystems
  • Machinery Weight: 220.46 lb
  • Year: 2005
  • Frequency: 50 HERTZ
  • Voltage: 220 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 1
  • Located in: Basel, Basel, Switzerland

We buy Vision Biosystems Bond-Max 220 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Winkworth PV35 9.25 gal STAINLESS STEEL 6 BAR 0.00 ft 0.00 ft 0.00 ft | Tanks

  • Model: PV35
  • Capacity of Tank: 9.25 gal
  • Manufacturer Name: Winkworth
  • Jacket Temperature Rating: 200 DEG C
  • Jacket Pressure Rating: 6 BAR
  • Machinery Dimensions: 0.00 x 0.00 x 0.00 in
  • Machinery Weight: 286.60 lb
  • Jacketed: YES
  • Straight Side: 0.00 ft
  • Overall Height: 0.00 ft
  • Inside Diameter: 0.00 ft
  • Tank Material of Construction: STAINLESS STEEL
  • Year: 2003
  • Agitation: NO
  • Located in: Europe

We buy Winkworth PV35 9.25 gal STAINLESS STEEL 6 BAR 0.00 ft 0.00 ft 0.00 ft in bulk. Click here to get a free valuation.