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

Surplus Machinery

Dionex P 680P HPG 2550301 NO DETECTOR NO PUMP 50/60 HERTZ 136 VA | HPLC

  • Machinery Dimensions: 15 x 15 x 8 IN
  • Current: 136 VA
  • Model: P 680P HPG
  • Serial Number: 2550301
  • Manufacturer Name: Dionex
  • Machinery Weight: 41 LBS
  • Type of Pump for HPLC: NO PUMP
  • Recommended Packaging Form: 20C (28X20X20)
  • Type of Detector for HPLC: NO DETECTOR
  • Frequency: 50/60 HERTZ
  • CE Marked: NO
  • Phase: 1
  • Located in: CA, USA

We buy Dionex P 680P HPG 2550301 NO DETECTOR NO PUMP 50/60 HERTZ 136 VA in bulk. Click here to get a free valuation.

Dionex AS-AP | Ion Chromatography

  • Model: AS-AP
  • Manufacturer Name: Dionex
  • Located in: North America

We buy Dionex AS-AP in bulk. Click here to get a free valuation.

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

  • 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 240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

VWR Scientific 1330FM 1100395 115 VOLTS 60 HERTZ 10.0 AMPS | Miscellaneous

  • Machinery Dimensions: 21 x 22 x 33 IN
  • Current: 10.0 AMPS
  • Model: 1330FM
  • Serial Number: 1100395
  • Manufacturer Name: VWR Scientific
  • Machinery Weight: 75 LBS
  • Voltage: 115 VOLTS
  • Frequency: 60 HERTZ
  • Recommended Packaging Form: PALLET
  • Located in: Forest, VA, USA

We buy VWR Scientific 1330FM 1100395 115 VOLTS 60 HERTZ 10.0 AMPS in bulk. Click here to get a free valuation.

Steris Finn Aqua POU-200 MOA48524DB1Z 5.34/15.7 Liters 480 VOLTS 60 HERTZ 3.1 AMPS | Water Purification and Still Systems

  • Machinery Dimensions: 96 x 32 x 38 IN
  • Capacity Details: 5.34/15.7 Liters
  • Model: POU-200
  • Serial Number: MOA48524DB1Z
  • Current: 3.1 AMPS
  • Manufacturer Name: Steris Finn Aqua
  • Year: 2018
  • Machinery Weight: 800 LBS
  • Recommended Packaging Form: CRATE
  • Voltage: 480 VOLTS
  • CE Marked: NO
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: MA, USA

We buy Steris Finn Aqua POU-200 MOA48524DB1Z 5.34/15.7 Liters 480 VOLTS 60 HERTZ 3.1 AMPS in bulk. Click here to get a free valuation.

Gami S.r.l. R400 400 VOLTS 50 HERTZ 9.75 AMPS | Chocolates

  • Model: R400
  • Current: 9.75 AMPS
  • Manufacturer Name: Gami S.r.l.
  • Machinery Dimensions: 19.69 x 19.69 x 59.06 in
  • Voltage: 400 VOLTS
  • Machinery Weight: 1102.30 lb
  • Year: 2006
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: Europe

We buy Gami S.r.l. R400 400 VOLTS 50 HERTZ 9.75 AMPS in bulk. Click here to get a free valuation.

Hitachi Noryl Core C40H 154 brand new | Assembly Packaging

  • Serial Number: 154
  • Model: Noryl Core C40H
  • 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
  • Manufacturer Name: Hitachi
  • Is System Running or Powered Off?: RUNNING
  • Fuctional or Non Functional: FUCTIONAL
  • Year: 2012
  • CE Marked: NO
  • Recommended Packaging Form: PALLET
  • Located in: Czech Republic

We buy Hitachi Noryl Core C40H 154 brand new in bulk. Click here to get a free valuation.

Premier DD 1.25 D27P4196 400 VOLTS 50 HERTZ 2.2 KW | Pallet Inverters

  • Machinery Dimensions: 137.80 x 114.17 x 90.55 in
  • Model: DD 1.25
  • Serial Number: D27P4196
  • Manufacturer Name: Premier
  • Machinery Weight: 6834.26 lb
  • Current: 2.2 KW
  • Voltage: 400 VOLTS
  • Year: 2017
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 3
  • Located in: East Sussex, United Kingdom

We buy Premier DD 1.25 D27P4196 400 VOLTS 50 HERTZ 2.2 KW in bulk. Click here to get a free valuation.

Automation Direct DP-C321 | Miscellaneous

  • Machinery Dimensions: 11 x 9 x 5 IN
  • Model: DP-C321
  • Manufacturer Name: Automation Direct
  • Machinery Weight: 4 LBS
  • CE Marked: YES
  • Located in: Forest, VA, USA

We buy Automation Direct DP-C321 in bulk. Click here to get a free valuation.

Applied Biosystems AAA-305-2P | Miscellaneous Lab Equipment

  • Model: AAA-305-2P
  • Manufacturer Name: Applied Biosystems
  • Located in: North America

We buy Applied Biosystems AAA-305-2P in bulk. Click here to get a free valuation.

HPLC Agilent 1100 System G1946A ( G 1946 A ) | Mass Spectrometers

  • Model: G1946A ( G 1946 A )
  • Manufacturer Name: HPLC Agilent 1100 System
  • Located in: North America

We buy HPLC Agilent 1100 System G1946A ( G 1946 A ) in bulk. Click here to get a free valuation.

Uhlmann Packaging Systems E4046 115 SIDE LOAD 480 VOLTS 60 HERTZ 25 AMPS | Case Packers

  • Machinery Weight: 22500 LBS
  • Machinery Dimensions: 450 x 200 x 84 IN
  • Type of Packer: SIDE LOAD
  • Model: E4046
  • Serial Number: 115
  • Manufacturer Name: Uhlmann Packaging Systems
  • Current: 25 AMPS
  • Year: 2003
  • Recommended Packaging Form: CUSTOM
  • Voltage: 480 VOLTS
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: IN, USA

We buy Uhlmann Packaging Systems E4046 115 SIDE LOAD 480 VOLTS 60 HERTZ 25 AMPS in bulk. Click here to get a free valuation.

Kilian S250/32 EU-B | Tablet Presses

  • Machinery Dimensions: 59.06 x 59.06 x 90.55 in
  • Maximum capacity (tablets per minute or hour): 200 000 TPH
  • No. of Stations: 32
  • Model: S250/32 EU-B
  • Manufacturer Name: Kilian
  • Pre-compression: YES
  • Machinery Weight: 4409.20 lb
  • CE Marked: YES
  • Located in: Europe

We buy Kilian S250/32 EU-B in bulk. Click here to get a free valuation.

Tecan 12901000181 220-240 VOLTS 50/60 HERTZ | Microplate Readers

  • Machinery Dimensions: 51.18 x 31.50 x 35.43 in
  • Serial Number: 12901000181
  • Manufacturer Name: Tecan
  • Machinery Weight: 154.32 lb
  • Voltage: 220-240 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Antwerpen, Belgium

We buy Tecan 12901000181 220-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Cole Parmer | Analytical Equipment

  • Machinery Dimensions: 11 x 7 x 10 IN
  • Manufacturer Name: Cole Parmer
  • Machinery Weight: 20 LBS
  • Recommended Packaging Form: 12C (12X12X12)
  • Located in: MA, USA

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

Nova Etica 208|3 0877/04 220 VOLTS 60 HERTZ 3000 WATTS | Stirrers and Hot Plates

  • Machinery Dimensions: 23.62 x 11.81 x 6.69 in
  • Model: 208|3
  • Serial Number: 0877/04
  • Manufacturer Name: Nova Etica
  • Current: 3000 WATTS
  • Machinery Weight: 44.09 lb
  • Voltage: 220 VOLTS
  • Frequency: 60 HERTZ
  • Located in: Santa Catarina, Brazil

We buy Nova Etica 208|3 0877/04 220 VOLTS 60 HERTZ 3000 WATTS in bulk. Click here to get a free valuation.

Auxtrat Industria e Comercio de Equipmentos Industriais Ltda 300 L/HR | Ultraviolet Crosslinkers

  • Machinery Dimensions: 36.93 x 14.09 x 2.83 in
  • Capacity Speed: 300 L/HR
  • Manufacturer Name: Auxtrat Industria e Comercio de Equipmentos Industriais Ltda
  • Machinery Weight: 4.41 lb
  • Located in: Brazil

We buy Auxtrat Industria e Comercio de Equipmentos Industriais Ltda 300 L/HR in bulk. Click here to get a free valuation.

Koppens BRN 4500/700 558 | Frying Equipment

  • Machinery Dimensions: 7.4 x 0.4 x 3 IN
  • Model: BRN 4500/700
  • Serial Number: 558
  • Manufacturer Name: Koppens
  • Machinery Weight: 4500 LBS
  • Located in: Israel

We buy Koppens BRN 4500/700 558 in bulk. Click here to get a free valuation.

Precision Stainless 990563-2 208 VOLTS 50/60 HERTZ 10amp AMPS 7.93 gal | Mixers

  • Machinery Dimensions: 84 x 48 x 86 IN
  • Current: 10amp AMPS
  • Serial Number: 990563-2
  • Manufacturer Name: Precision Stainless
  • Capacity Size: 7.93 gal
  • Year: 1999
  • Machinery Weight: 1000 LBS
  • Voltage: 208 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 3
  • Located in: MA, USA

We buy Precision Stainless 990563-2 208 VOLTS 50/60 HERTZ 10amp AMPS 7.93 gal in bulk. Click here to get a free valuation.

Jiangsu Taixing Machine Tools General Works C6270T | Lathes

  • Machinery Dimensions: 80 x 36 x 60 IN
  • Model: C6270T
  • Manufacturer Name: Jiangsu Taixing Machine Tools General Works
  • Machinery Weight: 2000 LBS
  • Located in: Medan, Indonesia

We buy Jiangsu Taixing Machine Tools General Works C6270T in bulk. Click here to get a free valuation.

Busch NP0250.ALL6.000B U082403615 | Miscellaneous

  • Serial Number: U082403615
  • Model: NP0250.ALL6.000B
  • Machinery Weight: 900 LBS
  • Machinery Dimensions: 68 x 36 x 66 IN
  • Manufacturer Name: Busch
  • Located in: Skull Valley, UT, USA

We buy Busch NP0250.ALL6.000B U082403615 in bulk. Click here to get a free valuation.

Rudolf Deckert CL-110 09.087 6 BAR 240 VOLTS 50 HERTZ | Cottoners

  • Machinery Dimensions: 108.27 x 37.40 x 75.59 in
  • Model: CL-110
  • Serial Number: 09.087
  • Manufacturer Name: Rudolf Deckert
  • Machinery Weight: 1763.68 lb
  • Voltage: 240 VOLTS
  • Air Requirements: 6 BAR
  • Year: 2009
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 1
  • Located in: Debrecen, Hungary

We buy Rudolf Deckert CL-110 09.087 6 BAR 240 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Junge 11 11 380 VOLTS 50 HERTZ Stainless Steel BELT CONVEYOR | Conveyors

  • Machinery Dimensions: 9.84 x 1.64 x 3.28 ft
  • Model: 11
  • Serial Number: 11
  • Manufacturer Name: Junge
  • Drive Horsepower: 1
  • Type of Conveyors: BELT CONVEYOR
  • Year: 1992
  • Voltage: 380 VOLTS
  • Machinery Weight: 1102.30 lb
  • Material of Construction: STAINLESS STEEL
  • Frequency: 50 HERTZ
  • Phase: 3
  • Located in: Netherlands

We buy Junge 11 11 380 VOLTS 50 HERTZ Stainless Steel BELT CONVEYOR in bulk. Click here to get a free valuation.

Tetra Pak Cardboard Packer 71 380 VOLTS 60 HERTZ 2.36 in DIVERTER CONVEYOR | Conveyors

  • Machinery Dimensions: 49.21 x 33.46 x 53.15 in
  • Type of Conveyors: DIVERTER CONVEYOR
  • Belt Size: 2.36 in
  • Model: Cardboard Packer 71
  • Manufacturer Name: Tetra Pak
  • Guide Rails: YES
  • Machinery Weight: 440.92 lb
  • Voltage: 380 VOLTS
  • Year: 2002
  • CE Marked: YES
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: SP, Brazil

We buy Tetra Pak Cardboard Packer 71 380 VOLTS 60 HERTZ 2.36 in DIVERTER CONVEYOR in bulk. Click here to get a free valuation.

Anritsu Corporation MT8820C 6201107240 100-120/200-240 VOLTS 50/60 HERTZ 750 VA | Miscellaneous

  • Serial Number: 6201107240
  • 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 6201107240 100-120/200-240 VOLTS 50/60 HERTZ 750 VA in bulk. Click here to get a free valuation.

Agilent Technologies E5515C MY48360884,GB45360714,GB46200828 100-240 VOLTS 50/60 HERTZ 550 VA | Miscellaneous

  • Machinery Weight: 483 LBS
  • Machinery Dimensions: 182 x 18 x 10 IN
  • Current: 550 VA
  • Model: E5515C
  • Serial Number: MY48360884,GB45360714,GB46200828
  • Manufacturer Name: Agilent Technologies
  • Voltage: 100-240 VOLTS
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: San Jose, CA, USA

We buy Agilent Technologies E5515C MY48360884,GB45360714,GB46200828 100-240 VOLTS 50/60 HERTZ 550 VA in bulk. Click here to get a free valuation.

Applied Materials Inc 0010-25624 29211-1 35-50 LBS 145 PSI | Actuators

  • Serial Number: 29211-1
  • Machinery Dimensions: 10 x 7 x 20 IN
  • Capacity Speed: 145 PSI
  • Capacity Size: 35-50 LBS
  • Type of Actuator: PNEUMATIC
  • Model: 0010-25624
  • Machinery Weight: 30 LBS
  • Manufacturer Name: Applied Materials Inc
  • Recommended Packaging Form: 19C (22X15X13)
  • Located in: CA, USA

We buy Applied Materials Inc 0010-25624 29211-1 35-50 LBS 145 PSI in bulk. Click here to get a free valuation.

Yaskawa XU-RC350D-D91 S42478-1-01 | Robotics

  • Machinery Weight: 185 LBS
  • Serial Number: S42478-1-01
  • Machinery Dimensions: 29 x 29 x 52 IN
  • Model: XU-RC350D-D91
  • Manufacturer Name: Yaskawa
  • Year: 2015
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: CA, USA

We buy Yaskawa XU-RC350D-D91 S42478-1-01 in bulk. Click here to get a free valuation.

Hidex Chameleon approx 2008 12 VOLTS 4.5 AMPS | Scintillation Counters

  • Machinery Dimensions: 1.97 x 1.97 x 1.97 ft
  • Model: Chameleon
  • Year: approx 2008
  • Manufacturer Name: Hidex
  • Current: 4.5 AMPS
  • Voltage: 12 VOLTS
  • Machinery Weight: 44.09 lb
  • Recommended Packaging Form: 20C (28X20X20)
  • Located in: Europe

We buy Hidex Chameleon approx 2008 12 VOLTS 4.5 AMPS in bulk. Click here to get a free valuation.

Schleuniger PreFeeder 1000 | Wire Making

  • Machinery Dimensions: 27.56 x 13.78 x 42.13 in
  • Model: PreFeeder 1000
  • Manufacturer Name: Schleuniger
  • Machinery Weight: 55.12 lb
  • Year: 2008
  • CE Marked: YES
  • Located in: East Asia/Pacific

We buy Schleuniger PreFeeder 1000 in bulk. Click here to get a free valuation.

Sunpack SH38R 2011 PIX 0087 1 BPM 220 VOLTS 50 HERTZ 18 AMPS | Wrappers/Overwrappers/Bundlers

  • Serial Number: 2011 PIX 0087
  • Model: SH38R
  • Manufacturer Name: Sunpack
  • Current: 18 AMPS
  • Machinery Dimensions: 17 x 55 x 80 IN
  • Machinery Weight: 2865.98 lb
  • Year: 2011
  • Capacity Speed: 1 BPM
  • Frequency: 50 HERTZ
  • Voltage: 220 VOLTS
  • Phase: 1
  • Located in: Medan, Indonesia

We buy Sunpack SH38R 2011 PIX 0087 1 BPM 220 VOLTS 50 HERTZ 18 AMPS in bulk. Click here to get a free valuation.

Agilent Technologies 53131A | Electronic Counters

  • Machinery Weight: 5 LBS
  • Machinery Dimensions: 8 x 14 x 4 IN
  • Recommended Packaging Form: 19C (22X15X13)
  • Model: 53131A
  • Manufacturer Name: Agilent Technologies
  • Capacity Speed: 0
  • Located in: MA, USA

We buy Agilent Technologies 53131A in bulk. Click here to get a free valuation.

Arenco Powder dosing unknown BPM unknown BPM unknown BPM HOT AIR unknown BAR 220 VOLTS unknown AMPS | Fillers

  • Machinery Dimensions: 59.06 x 59.06 x 86.61 in
  • Type of tube run: BOTH PLASTIC AND METAL
  • Current Application (Products,Sizes Run and Shape of Bottle): powder
  • Model: Powder dosing
  • Air Requirements: unknown BAR
  • Plunger Station: NO
  • Needle Station: NO
  • Vibratory Settling or Load Cell for Auger Filler: no
  • Trim/Decorative Station for Tube Filler: NO
  • Lot and Date Coding for Tube Filler: NO
  • Number of heads: 1
  • Minimum operating speed: unknown BPM
  • Max operating speed: unknown BPM
  • Average operating speed: unknown BPM
  • Manufacturer Name: Arenco
  • Current: unknown AMPS
  • Type of seal for tube filler: HOT AIR
  • Can Seller Provide a Sample of Product Run: no
  • Type of Filler: GRAVITY
  • Frequency: 50/60
  • Machinery Weight: 1102.30 lb
  • Voltage: 220 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Phase: 1
  • Located in: Europe

We buy Arenco Powder dosing unknown BPM unknown BPM unknown BPM HOT AIR unknown BAR 220 VOLTS unknown AMPS in bulk. Click here to get a free valuation.

Anritsu Corporation MT8820C 6200918302 100-120/200-240 VOLTS 50/60 HERTZ 750 VA | Miscellaneous

  • Serial Number: 6200918302
  • 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 6200918302 100-120/200-240 VOLTS 50/60 HERTZ 750 VA in bulk. Click here to get a free valuation.

Dionex Ultimate 3000 8074397 DIODE ARRAY 220-240 VOLTS 50/60 HERTZ | HPLC

  • Serial Number: 8074397
  • Manufacturer Name: Dionex
  • Model: UltiMate 3000
  • Machinery Dimensions: 0.00 x 0.00 x 0.00 in
  • Machinery Weight: 0.00 lb
  • Type of Detector for HPLC: DIODE ARRAY
  • Voltage: 220-240 VOLTS
  • Year: 2013
  • Type of Pump for HPLC: BINARY
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Located in: Germany

We buy Dionex Ultimate 3000 8074397 DIODE ARRAY 220-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Retsch SM200 | Milling Machines

  • Machinery Dimensions: 22.68 x 29.92 x 65.94 in
  • Variable Speed: No
  • Model: SM200
  • Manufacturer Name: Retsch
  • Type Milling Machine: VERTICAL
  • Year: 2016
  • Machinery Weight: 198.41 lb
  • CE Marked: YES
  • Located in: Latin America

We buy Retsch SM200 in bulk. Click here to get a free valuation.

Redpack Packaging Machinery SS3000 Sandwich Tray 230/460 VOLTS 50/60 HERTZ | Flow Wrappers

  • Products Run: Sandwich Tray
  • Manufacturer Name: Redpack Packaging Machinery
  • Machinery Dimensions: 118.11 x 59.06 x 78.74 in
  • Model: SS3000
  • Machinery Weight: 2204.60 lb
  • Year: 2009
  • Frequency: 50/60 HERTZ
  • Voltage: 230/460 VOLTS
  • Located in: Latin America

We buy Redpack Packaging Machinery SS3000 Sandwich Tray 230/460 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Kemper SPA 150 | Mixers

  • Machinery Dimensions: 55.12 x 55.12 x 62.99 in
  • Model: SPA 150
  • Manufacturer Name: Kemper
  • Machinery Weight: 771.61 lb
  • Type of mixer: INTENSIVE
  • Located in: Europe

We buy Kemper SPA 150 in bulk. Click here to get a free valuation.

Binder KBF 720 184.45 gal 200/240 VOLTS 50/60 HERTZ 2.3 KW | Incubators

  • Model: KBF 720
  • Voltage: 200/240 VOLTS
  • Machinery Weight: 674.61 lb
  • Machinery Dimensions: 34.84 x 49.21 x 75.79 in
  • Current: 2.3 KW
  • Temperature Range: -10/100 DEG C
  • Capacity Size: 184.45 gal
  • Manufacturer Name: Binder
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Recommended Packaging Form: PALLET
  • Located in: Sao Paulo, Brazil

We buy Binder KBF 720 184.45 gal 200/240 VOLTS 50/60 HERTZ 2.3 KW in bulk. Click here to get a free valuation.

Tektronix Inc. TCP312 B017444 | Miscellaneous

  • Serial Number: B017444
  • Machinery Dimensions: 9 x 3 x 2 IN
  • Model: TCP312
  • Manufacturer Name: Tektronix Inc.
  • Machinery Weight: 1 LBS
  • Recommended Packaging Form: 12C (12X12X12)
  • CE Marked: YES
  • Located in: Hillsboro, OR, USA

We buy Tektronix Inc. TCP312 B017444 in bulk. Click here to get a free valuation.