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

Surplus Machinery

Sicma SpA B01-6/301 3500 BPH | Blowers

  • Machinery Dimensions: 102.36 x 62.99 x 78.74 in
  • Capacity Speed: 3500 BPH
  • Model: B01-6/301
  • Manufacturer Name: Sicma SpA
  • Year: 2004
  • Machinery Weight: 2204.60 lb
  • Located in: Europe

We buy Sicma SpA B01-6/301 3500 BPH in bulk. Click here to get a free valuation.

Mavag 5071322 240 VOLTS 50/60 HERTZ | Filters

  • Machinery Dimensions: 39.37 x 31.46 x 62.95 in
  • Serial Number: 5071322
  • Manufacturer Name: Mavag
  • Year: 1997
  • Voltage: 240 VOLTS
  • Machinery Weight: 440.92 lb
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Switzerland

We buy Mavag 5071322 240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Raymond 102T-F45L 102-07-07572 4500 Pounds 24 VOLTS | Fork Lift Trucks

  • Serial Number: 102-07-07572
  • Model: 102T-F45L
  • Capacity Size: 4500 Pounds
  • Manufacturer Name: Raymond
  • Stand Up/Sit Down: Stand Up Walking
  • Voltage: 24 VOLTS
  • Lifting Device: FORK
  • Fuel: ELECTRIC
  • Machinery Dimensions: 48 x 48 x 48 IN
  • Recommended Packaging Form: CUSTOM
  • Machinery Weight: 2000 LBS
  • Located in: PR, USA

We buy Raymond 102T-F45L 102-07-07572 4500 Pounds 24 VOLTS in bulk. Click here to get a free valuation.

ICA SIN 5100 C 1510F1600024 220 VOLTS 50 HERTZ | IT Equipment

  • Model: SIN 5100 C
  • Serial Number: 1510F1600024
  • Manufacturer Name: ICA
  • Machinery Dimensions: 19.69 x 11.81 x 19.69 in
  • Machinery Weight: 551.15 lb
  • Frequency: 50 HERTZ
  • Voltage: 220 VOLTS
  • Phase: 1
  • Located in: Medan, Indonesia

We buy ICA SIN 5100 C 1510F1600024 220 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Comi Condor STAINLESS STEEL 700 RPM | Centerslung/Basket Centrifuges

  • Year: 1968
  • Capacity Speed: 700 RPM
  • Year: 1973
  • Manufacturer Name: Comi Condor
  • Machinery Weight: 7495.64 lb
  • Machinery Dimensions: 59.06 x 59.06 x 46.46 in
  • Centrifuge Material of Construction: STAINLESS STEEL
  • Located in: Europe

We buy Comi Condor STAINLESS STEEL 700 RPM in bulk. Click here to get a free valuation.

Heat And Control CCW-DP-210-CTS 100371678 220 VOLTS 60 HERTZ | Scales

  • Model: CCW-DP-210-CTS
  • Serial Number: 100371678
  • Manufacturer Name: Heat And Control
  • Machinery Dimensions: 43.31 x 43.31 x 59.06 in
  • Year: 2018
  • Machinery Weight: 881.84 lb
  • Voltage: 220 VOLTS
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Ecuador

We buy Heat And Control CCW-DP-210-CTS 100371678 220 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

VLS FO2 240 VOLTS | Filters

  • Machinery Weight: 440 LBS
  • Machinery Dimensions: 35 x 65 x 67 IN
  • Model: FO2
  • Manufacturer Name: VLS
  • Voltage: 240 VOLTS
  • Year: 2015
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: CA, USA

We buy VLS FO2 240 VOLTS in bulk. Click here to get a free valuation.

Arca | Labelers

  • Machinery Dimensions: 36 x 22 x 67 IN
  • Machinery Dimensions: 118.11 x 39.37 x 70.87 in
  • Manufacturer Name: Arca
  • Machinery Weight: 100 LBS
  • Application Type: WIPE/MERGE
  • Number of Labeling Heads: 1
  • Type of Labeler: INLINE
  • Machinery Weight: 2204.60 lb
  • Located in: Europe

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

Hewlett Packard 8648A 3426A00944 | Miscellaneous

  • Machinery Weight: 16 Pounds
  • Machinery Dimensions: 15 x 13 x 7 IN
  • Model: 8648A
  • Serial Number: 3426A00944
  • Manufacturer Name: Hewlett Packard
  • Recommended Packaging Form: 19C (22X15X13)
  • CE Marked: YES
  • Located in: San Jose, CA, USA

We buy Hewlett Packard 8648A 3426A00944 in bulk. Click here to get a free valuation.

Laguna MDCXF102203 1934055 220 VOLTS | Dust Collectors

  • Machinery Dimensions: 75 x 39 x 80 IN
  • Serial Number: 1934055
  • Machinery Weight: 948 LBS
  • Length of Bags: 740x1300mmL
  • Products Run: yes
  • Model: MDCXF102203
  • Manufacturer Name: Laguna
  • Year: 2019
  • Voltage: 220 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Located in: CA, USA

We buy Laguna MDCXF102203 1934055 220 VOLTS in bulk. Click here to get a free valuation.

Erweka AR400 53824, 72901.09c9 220 VOLTS 60 HERTZ 4 AMPS STAINLESS STEEL | Granulators

  • Machinery Dimensions: 81.50 x 18.50 x 25.59 in
  • Capacity Details: Small Batches, Laboratory Purpose
  • Serial Number: 53824, 72901.09c9
  • Model: AR400
  • Current: 4 AMPS
  • Manufacturer Name: Erweka
  • Material of Construction: STAINLESS STEEL
  • Machinery Weight: 176.37 lb
  • Voltage: 220 VOLTS
  • Recommended Packaging Form: CUSTOM
  • CE Marked: NO
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Distrito Federal, Mexico

We buy Erweka AR400 53824, 72901.09c9 220 VOLTS 60 HERTZ 4 AMPS STAINLESS STEEL in bulk. Click here to get a free valuation.

Falk 407J-25A 230/460 VOLTS 60 HERTZ | Drives

  • Machinery Dimensions: 32 x 27 x 27 IN
  • HP Rating: 25
  • Ratio: 24.76:1
  • Drive Output RPM: 1750
  • Model: 407J-25A
  • Manufacturer Name: Falk
  • Machinery Weight: 755 LBS
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Frequency: 60 HERTZ
  • Voltage: 230/460 VOLTS
  • Located in: North America

We buy Falk 407J-25A 230/460 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Applied Materials Inc 0010-25625 28609-01 35-50 LBS 145 PSI | Actuators

  • Serial Number: 28609-01
  • Model: 0010-25625
  • 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 0010-25625 28609-01 35-50 LBS 145 PSI in bulk. Click here to get a free valuation.

Imaje S7 Mega 120-240 VOLTS 50/60 HERTZ Medical Device | Printing or Code Markers

  • Machinery Dimensions: 23 x 21 x 60 IN
  • Mounted on What: Stand Alone Skid
  • Printing on What: Medical Device
  • Model: S7 Mega
  • Manufacturer Name: Imaje
  • Voltage: 120-240 VOLTS
  • Machinery Weight: 80 LBS
  • Frequency: 50/60 HERTZ
  • Located in: CA, USA

We buy Imaje S7 Mega 120-240 VOLTS 50/60 HERTZ Medical Device in bulk. Click here to get a free valuation.

Millipore YFPS 220 208998 220 VOLTS 50 HERTZ 9 AMPS | Water Purification and Still Systems

  • Serial Number: 208998
  • Machinery Dimensions: 51.18 x 27.56 x 43.31 in
  • Model: YFPS 220
  • Manufacturer Name: Millipore
  • Current: 9 AMPS
  • Machinery Weight: 220.46 lb
  • Frequency: 50 HERTZ
  • Voltage: 220 VOLTS
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: Switzerland

We buy Millipore YFPS 220 208998 220 VOLTS 50 HERTZ 9 AMPS in bulk. Click here to get a free valuation.

Hanyang HY-AWS-100 SC-1(6W-10) | Wet Process

  • Model: HY-AWS-100 SC-1(6W-10)
  • Machinery Dimensions: 98 x 86 x 84 IN
  • Manufacturer Name: Hanyang
  • Machinery Weight: 3500 LBS
  • Year: 1996
  • Recommended Packaging Form: CUSTOM
  • Located in: East Asia/Pacific

We buy Hanyang HY-AWS-100 SC-1(6W-10) in bulk. Click here to get a free valuation.

Thermo Finnigan LCQ | Mass Spectrometers

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

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

CAM AVC 200 CPM 5-6 BAR 380 VOLTS 50 HERTZ | Vertical Cartoners

  • Machinery Dimensions: 133.86 x 92.52 x 68.90 in
  • Current: AMPS
  • Closure: SPECIAL
  • Air Requirements: 5-6 BAR
  • Products Run: Blisters, strips, boxes, bottles, bags, squeezable or rigid tubes, bags, soaps and other products of various kind.
  • Product Sizing: Max carton width: 20-130mm, Max carton depth: 55-250mm, Max carton length: 12-100mm
  • Model: AVC
  • Speed: 200 CPM
  • Product Loading: AUTOMATIC
  • Method of Code Dater: NONE
  • Product Handling: VERTICAL
  • Manufacturer Name: CAM
  • Line Motion: CONTINUOUS
  • Carton Feeder Type: PICK AND PLACE
  • Voltage: 380 VOLTS
  • Machinery Weight: 4409.20 lb
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: Europe

We buy CAM AVC 200 CPM 5-6 BAR 380 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Hoffman 50/60 HERTZ | Electrical Enclosures

  • Machinery Dimensions: 8 x 30 x 30 IN
  • Manufacturer Name: Hoffman
  • Machinery Weight: 100 Pounds
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: North America

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

Rohde and Schwarz CMW500 134660 100-240 VOLTS 50/60 HERTZ 850 VA | Miscellaneous

  • Serial Number: 134660
  • 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 134660 100-240 VOLTS 50/60 HERTZ 850 VA in bulk. Click here to get a free valuation.

Challenge Air MS5 035305 208 VOLTS 50/60 HERTZ | Miscellaneous Plant Equipment

  • Machinery Dimensions: 34 x 34 x 57 IN
  • Serial Number: 035305
  • Model: MS5
  • Manufacturer Name: Challenge Air
  • Machinery Weight: 200 LBS
  • Voltage: 208 VOLTS
  • Frequency: 50/60 HERTZ
  • Recommended Packaging Form: CUSTOM PALLET
  • Phase: 3
  • Located in: MA, USA

We buy Challenge Air MS5 035305 208 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Carrier Corporation 30HXC 110 A 0203 PEE 12P402172 | Chillers

  • Model: 30HXC 110 A 0203 PEE
  • Serial Number: 12P402172
  • Manufacturer Name: Carrier Corporation
  • Year: 2004
  • CE Marked: YES
  • Located in: Poland

We buy Carrier Corporation 30HXC 110 A 0203 PEE 12P402172 in bulk. Click here to get a free valuation.

Kirsch Labex 340 3301320027; 3301313005; 3301300107 230 VOLTS 50 HERTZ | Refrigerators

  • Machinery Dimensions: 23.62 x 25.98 x 70.87 in
  • Model: Labex 340
  • Serial Number: 3301320027; 3301313005; 3301300107
  • Manufacturer Name: Kirsch
  • Type of Refrigerator: UPRIGHT
  • Machinery Weight: 121.25 lb
  • Voltage: 230 VOLTS
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 1
  • Located in: Germany

We buy Kirsch Labex 340 3301320027; 3301313005; 3301300107 230 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Fette 3090 270000 TPH 0.63 in 0.71 in 380 VOLTS | Tablet Presses

  • Machinery Dimensions: 62.99 x 59.06 x 78.74 in
  • Maximum depth of fill: 0.71 in
  • Maximum capacity (tablets per minute or hour): 270000 TPH
  • Model: 3090
  • Maximum tablet diameter: 0.63 in
  • Tooling type (IPT, EU, Other): EU
  • Capacity Size (tooling - 'bb', 'B' or 'D'): B
  • Manufacturer Name: Fette
  • Machinery Weight: 9920.70 lb
  • Frequency: 50
  • Pre-compression: YES
  • Keyed upper punch bores: YES
  • Year: 2003
  • Voltage: 380 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: Europe

We buy Fette 3090 270000 TPH 0.63 in 0.71 in 380 VOLTS in bulk. Click here to get a free valuation.

Waters 2695 B98SM7440M 115 VOLTS 50/60 HERTZ | HPLC

  • Serial Number: B98SM7440M
  • Machinery Dimensions: 35 x 24 x 28 IN
  • Type of Detector for HPLC: ABSORBANCE
  • Manufacturer Name: Waters
  • Model: 2695
  • Machinery Weight: 180 LBS
  • Type of Pump for HPLC: QUATERNARY
  • Voltage: 115 VOLTS
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: PR, USA

We buy Waters 2695 B98SM7440M 115 VOLTS 50/60 HERTZ 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.

Aczet Pvt.Ltd. CY 1003 | Balances

  • Model: CY 1003
  • Manufacturer Name: Aczet Pvt.Ltd.
  • Located in: North America

We buy Aczet Pvt.Ltd. CY 1003 in bulk. Click here to get a free valuation.

Cermex E722/40 SIDE LOAD | Case Packers

  • Machinery Dimensions: 94.49 x 62.99 x 70.87 in
  • Model: E722/40
  • Type of Packer: SIDE LOAD
  • Manufacturer Name: Cermex
  • Year: 1991
  • Machinery Weight: 1763.68 lb
  • Located in: Europe

We buy Cermex E722/40 SIDE LOAD in bulk. Click here to get a free valuation.

Dow Chemical IRA 402 | Water Purification and Still Systems

  • Model: IRA 402
  • Machinery Dimensions: 42 x 48 x 52 IN
  • Manufacturer Name: Dow Chemical
  • Machinery Weight: 1000 LBS
  • Located in: IN, USA

We buy Dow Chemical IRA 402 in bulk. Click here to get a free valuation.

Novasep Process Chromo Column HiperSep 300 014242783 6 BAR 400 VOLTS 50 HERTZ | Separators

  • Machinery Weight: 10141.16 lb
  • Machinery Dimensions: 165.35 x 92.52 x 120.08 in
  • Serial Number: 014242783
  • Model: Chromo Column HiperSep 300
  • Manufacturer Name: Novasep Process
  • Voltage: 400 VOLTS
  • Air Requirements: 6 BAR
  • Year: 2001
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 3
  • Located in: Antwerp, Belgium

We buy Novasep Process Chromo Column HiperSep 300 014242783 6 BAR 400 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Loma Euroscan 415 VOLTS 60 HERTZ | Metal Detectors

  • Machinery Dimensions: 70.87 x 39.37 x 55.12 in
  • Model: Euroscan
  • Manufacturer Name: Loma
  • Voltage: 415 VOLTS
  • Machinery Weight: 551.15 lb
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Europe

We buy Loma Euroscan 415 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Distek 2100B 2110692 230 VOLTS 50/60 HERTZ | Dissolution Systems

  • Machinery Dimensions: 27.56 x 23.62 x 39.37 in
  • Model: 2100B
  • Serial Number: 2110692
  • Manufacturer Name: Distek
  • Machinery Weight: 88.18 lb
  • Voltage: 230 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Recommended Packaging Form: PALLET
  • Located in: Wales, United Kingdom

We buy Distek 2100B 2110692 230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Busch NP0250.ALL6.000B U081402530 | Miscellaneous

  • Serial Number: U081402530
  • 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 U081402530 in bulk. Click here to get a free valuation.

Sorensen DLM20-30M9G 1525A00424,1422A02998 115-230 VOLTS 50/60 HERTZ 714 WATTS | Miscellaneous

  • Serial Number: 1525A00424,1422A02998
  • 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 1525A00424,1422A02998 115-230 VOLTS 50/60 HERTZ 714 WATTS in bulk. Click here to get a free valuation.

Agilent Technologies G2446A | Mass Spectrometers

  • Model: G2446A
  • Machinery Weight: 400 LBS
  • Machinery Dimensions: 48 x 40 x 48 IN
  • Type of Mass Spec: MSD
  • Manufacturer Name: Agilent Technologies
  • Recommended Packaging Form: PALLET
  • Located in: North America

We buy Agilent Technologies G2446A in bulk. Click here to get a free valuation.

Newman Labeling Systems Inc FACILETTE 5FL/C PRESSURE SENSITIVE 300 LPM unknown BAR 220 VOLTS 50 HERTZ unknown AMPS | Labelers

  • Capacity Details: Range diam. bottles 15-150 mm
  • Label Size: Label height 12-200 mm Label length 25-300 mm
  • Model: FACILETTE 5FL/C
  • Manufacturer Name: Newman Labeling Systems Inc
  • Location of Labels on Product: body
  • Machinery Dimensions: 106.30 x 47.24 x 62.99 in
  • Label Speed: 300 LPM
  • Type of Labeler: SEMI-AUTOMATIC
  • Air Requirements: unknown BAR
  • Current: unknown AMPS
  • Year: 1990
  • Machinery Weight: 881.84 lb
  • Products Run: Bottles
  • Application Type: TAMP
  • Type of Label: PRESSURE SENSITIVE
  • Frequency: 50 HERTZ
  • Voltage: 220 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Phase: 1
  • Located in: Europe

We buy Newman Labeling Systems Inc FACILETTE 5FL/C PRESSURE SENSITIVE 300 LPM unknown BAR 220 VOLTS 50 HERTZ unknown AMPS in bulk. Click here to get a free valuation.

Anritsu Corporation MT8820C 6200883122 100-120/200-240 VOLTS 50/60 HERTZ 750 VA | Miscellaneous

  • Serial Number: 6200883122
  • Current: 750 VA
  • Machinery Dimensions: 23 x 18 x 10 IN
  • Model: MT8820C
  • Manufacturer Name: Anritsu Corporation
  • Machinery Weight: 56 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 MT8820C 6200883122 100-120/200-240 VOLTS 50/60 HERTZ 750 VA in bulk. Click here to get a free valuation.

Pattyn Packing Lines CE-11-P 50/60 HERTZ | Case Erectors

  • Machinery Dimensions: 136.89 x 65.94 x 74.02 in
  • Model: CE-11-P
  • Manufacturer Name: Pattyn Packing Lines
  • Bottom Sealing: HOT MELT GLUE
  • Machinery Weight: 1322.76 lb
  • Year: 2006
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: East Asia/Pacific

We buy Pattyn Packing Lines CE-11-P 50/60 HERTZ in bulk. Click here to get a free valuation.

CR Technology, Inc. CRX2000 1S2220.1200 110 VOLTS 60 HERTZ 15 AMPS | X-Ray Inspection

  • Machinery Dimensions: 84 x 54 x 84 IN
  • Model: CRX2000
  • Serial Number: 1S2220.1200
  • Manufacturer Name: CR Technology, Inc.
  • Voltage: 110 VOLTS
  • Machinery Weight: 6000 LBS
  • Current: 15 AMPS
  • Recommended Packaging Form: CUSTOM
  • Phase: 1
  • Frequency: 60 HERTZ
  • Located in: CA, USA

We buy CR Technology, Inc. CRX2000 1S2220.1200 110 VOLTS 60 HERTZ 15 AMPS in bulk. Click here to get a free valuation.

Rotonic HygroLab 3 | Miscellaneous Lab Equipment

  • Model: HygroLab 3
  • Manufacturer Name: Rotonic
  • Located in: North America

We buy Rotonic HygroLab 3 in bulk. Click here to get a free valuation.