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

Surplus Machinery

Starview BSC16-1418 2927 | Blister Sealers

  • Products Run: blisters in clamshell with fiberboard surround
  • Model: BSC16-1418
  • Serial Number: 2927
  • Manufacturer Name: Starview
  • Year: 2016
  • Machinery Weight: 0 LBS
  • Machinery Dimensions: 0 x 0 x 0 IN
  • CE Marked: NO
  • Located in: UT, USA

We buy Starview BSC16-1418 2927 in bulk. Click here to get a free valuation.

Kliklok PF-220 | Glue Machines

  • Model: PF-220
  • Manufacturer Name: Kliklok
  • Machinery Weight: 0 Pounds
  • Machinery Dimensions: 0 x 0 x 0 IN
  • Located in: North America

We buy Kliklok PF-220 in bulk. Click here to get a free valuation.

General Systems Pack 45 | Flow Wrappers

  • Manufacturer Name: General Systems Pack
  • Model: 45
  • Machinery Dimensions: 0.00 x 0.00 x 0.00 in
  • Machinery Weight: 0.00 lb
  • Located in: Europe

We buy General Systems Pack 45 in bulk. Click here to get a free valuation.

LB Bohle VMA-1200 V EX 0310817001 HIGH SHEAR 460 VOLTS 60 HERTZ 192 AMPS | Mixers

  • Machinery Weight: 8601 LBS
  • Machinery Dimensions: 169 x 120 x 180 IN
  • Current: 192 AMPS
  • Model: VMA-1200 V EX
  • Serial Number: 0310817001
  • Manufacturer Name: LB Bohle
  • Type of mixer: HIGH SHEAR
  • Year: 2003
  • Voltage: 460 VOLTS
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: PR, USA

We buy LB Bohle VMA-1200 V EX 0310817001 HIGH SHEAR 460 VOLTS 60 HERTZ 192 AMPS in bulk. Click here to get a free valuation.

Anritsu Corporation MF6900A 6201335584,6201234220 100-120/200-240 VOLTS 50/60 HERTZ 350 VA | Miscellaneous

  • Serial Number: 6201335584,6201234220
  • Current: 350 VA
  • Machinery Dimensions: 44 x 15 x 9 IN
  • Model: MF6900A
  • Manufacturer Name: Anritsu Corporation
  • Voltage: 100-120/200-240 VOLTS
  • Machinery Weight: 60 LBS
  • Recommended Packaging Form: 24C (28X24X22)
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: San Jose, CA, USA

We buy Anritsu Corporation MF6900A 6201335584,6201234220 100-120/200-240 VOLTS 50/60 HERTZ 350 VA in bulk. Click here to get a free valuation.

Ward Bekker | Scales

  • Machinery Dimensions: 196.85 x 78.74 x 118.11 in
  • Manufacturer Name: Ward Bekker
  • Machinery Weight: 4409.20 lb
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: Europe

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

Holmatic 4up filler sealer lidder 220 VOLTS 60 HERTZ 16 AMPS | Cup/Tub Filling Lines

  • Machinery Weight: 12500 LBS
  • Machinery Dimensions: 480 x 96 x 108 IN
  • Model: 4up filler sealer lidder
  • Manufacturer Name: Holmatic
  • Current: 16 AMPS
  • Year: 1997
  • Voltage: 220 VOLTS
  • Recommended Packaging Form: CUSTOM
  • CE Marked: NO
  • Phase: 1
  • Frequency: 60 HERTZ
  • Located in: North America

We buy Holmatic 4up filler sealer lidder 220 VOLTS 60 HERTZ 16 AMPS in bulk. Click here to get a free valuation.

Korsch ph650 | Presses

  • Model: ph650
  • Manufacturer Name: Korsch
  • Machinery Dimensions: 59.06 x 59.06 x 78.74 in
  • Machinery Weight: 4409.20 lb
  • Located in: Europe

We buy Korsch ph650 in bulk. Click here to get a free valuation.

Zanasi KG 220 VOLTS 50 HERTZ 11.6 AMPS | Overwrappers

  • Model: KG
  • Manufacturer Name: Zanasi
  • Current: 11.6 AMPS
  • Machinery Dimensions: 98.43 x 78.74 x 78.74 in
  • Machinery Weight: 1102.30 lb
  • Frequency: 50 HERTZ
  • Voltage: 220 VOLTS
  • Located in: Europe

We buy Zanasi KG 220 VOLTS 50 HERTZ 11.6 AMPS in bulk. Click here to get a free valuation.

California Air Tools Inc. 30020DCAD 2 HP 125 PSI 2 HP 110 VOLTS 60 HERTZ 14 AMPS | Air Compressors

  • Machinery Dimensions: 26 x 36 x 43.5 IN
  • Hours: 720
  • Horsepower: 2 HP
  • Pressure Rating (Pressure): 125 PSI
  • Capacity Details: 30 Gal. Tank
  • Products Run: Excellent working condition
  • Capacity Speed: 5.3 CU FT/MIN
  • Capacity Size: 2 HP
  • Model: 30020DCAD
  • Manufacturer Name: California Air Tools Inc.
  • Current: 14 AMPS
  • Machinery Weight: 150 LBS
  • Voltage: 110 VOLTS
  • Year: 2019
  • CE Marked: NO
  • Phase: 1
  • Frequency: 60 HERTZ
  • Recommended Packaging Form: PALLET
  • Located in: North America

We buy California Air Tools Inc. 30020DCAD 2 HP 125 PSI 2 HP 110 VOLTS 60 HERTZ 14 AMPS in bulk. Click here to get a free valuation.

Connectors Verbindungstechnik AG 500 Liter 11409 STAINLESS STEEL 31.89 in 39.37 in | Mixing Vessels

  • Serial Number: 11409
  • Machinery Dimensions: 35.43 x 31.50 x 66.93 in
  • Model: 500 Liter
  • Overall Height: 39.37 in
  • Inside Diameter: 31.89 in
  • Capacity Size of Vessel: lb
  • Manufacturer Name: Connectors Verbindungstechnik AG
  • Straight Side: in
  • Type of Top Head: DISHED
  • Type of Bottom Head: DISHED
  • Agitation: YES
  • Tank Material of Construction: STAINLESS STEEL
  • Machinery Weight: 264.55 lb
  • Jacketed: NO
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: Switzerland

We buy Connectors Verbindungstechnik AG 500 Liter 11409 STAINLESS STEEL 31.89 in 39.37 in in bulk. Click here to get a free valuation.

Modular King CF150 CF150 2400/03 220 VOLTS 50/60 HERTZ | Cottoners

  • Machinery Dimensions: 120 x 48 x 75 IN
  • Model: CF150
  • Serial Number: CF150 2400/03
  • Manufacturer Name: Modular King
  • Number of Lanes: 1
  • Machinery Weight: 3000 LBS
  • Voltage: 220 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • CE Marked: NO
  • Phase: 3
  • Located in: MA, USA

We buy Modular King CF150 CF150 2400/03 220 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Mettler Toledo XS3 35006843 10000 G | Check Weighers

  • Serial Number: 35006843
  • 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 35006843 10000 G in bulk. Click here to get a free valuation.

Malvern Instruments Inc. 2000 MAL101128; MAL120421; MAL160493; MAL000026; MAL1021479; MAL1021479 100/240 VOLTS 50/60 HERTZ | Miscellaneous

  • Machinery Dimensions: 103 x 51 x 22 IN
  • Serial Number: MAL101128; MAL120421; MAL160493; MAL000026; MAL1021479; MAL1021479
  • Manufacturer Name: Malvern Instruments Inc.
  • Machinery Weight: 260 LBS
  • Model: 2000
  • Voltage: 100/240 VOLTS
  • Frequency: 50/60 HERTZ
  • Located in: Forest, VA, USA

We buy Malvern Instruments Inc. 2000 MAL101128; MAL120421; MAL160493; MAL000026; MAL1021479; MAL1021479 100/240 VOLTS 50/60 HERTZ 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.

Posimat POSIFLEX 30 OC9747 400 VOLTS 50 HERTZ | Unscramblers

  • Machinery Dimensions: 157.48 x 157.48 x 106.30 in
  • Serial Number: OC9747
  • Model: POSIFLEX 30
  • Manufacturer Name: Posimat
  • Phase: 3+1
  • Year: 1999
  • Machinery Weight: 8818.40 lb
  • Voltage: 400 VOLTS
  • Frequency: 50 HERTZ
  • Located in: France

We buy Posimat POSIFLEX 30 OC9747 400 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Surface Measurement Systems DVS Intrinsic P14F0058 230 VOLTS 50 HERTZ | Analyzers

  • Machinery Dimensions: 15.75 x 10.63 x 18.90 in
  • Model: DVS Intrinsic
  • Serial Number: P14F0058
  • Manufacturer Name: Surface Measurement Systems
  • Machinery Weight: 22.05 lb
  • Voltage: 230 VOLTS
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 1
  • Located in: Germany

We buy Surface Measurement Systems DVS Intrinsic P14F0058 230 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Siemens 10181956 3033 200-240 VOLTS 50/60 HERTZ | Scanners

  • Machinery Dimensions: 80 x 80 x 80 IN
  • Model: 10181956
  • Serial Number: 3033
  • Manufacturer Name: Siemens
  • Voltage: 200-240 VOLTS
  • Machinery Weight: 5000 LBS
  • Year: 2007
  • Frequency: 50/60 HERTZ
  • Located in: PA, USA

We buy Siemens 10181956 3033 200-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Rohde and Schwarz CMW-Z24 101420 | Miscellaneous

  • Serial Number: 101420
  • Machinery Dimensions: 20 x 19 x 3 IN
  • Model: CMW-Z24
  • Manufacturer Name: Rohde and Schwarz
  • Machinery Weight: 9 LBS
  • Recommended Packaging Form: 24C (28X24X22)
  • Located in: San Jose, CA, USA

We buy Rohde and Schwarz CMW-Z24 101420 in bulk. Click here to get a free valuation.

SPX GSE Scale Systems GE525 2000 Pounds 1 Pounds 120 VOLTS 50/60 HERTZ | Scales

  • Machinery Dimensions: 68 x 36 x 12 IN
  • Platform Dimensions: 44"x 36" IN
  • Degree of Precision: 1 Pounds
  • Capacity Size: 2000 Pounds
  • Model: GE525
  • Manufacturer Name: SPX GSE Scale Systems
  • Machinery Weight: 340 LBS
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Voltage: 120 VOLTS
  • Recommended Packaging Form: PALLET
  • Located in: MA, USA

We buy SPX GSE Scale Systems GE525 2000 Pounds 1 Pounds 120 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Lewa LDF3-M911S-25-SAN 574643-010.001 60 HERTZ 230/460 VOLTS | Metering and Dye Pumps

  • Machinery Dimensions: 96 x 48 x 48 IN
  • RPM: 1742
  • HP: 20
  • Serial Number: 574643-010.001
  • Model: LDF3-M911S-25-SAN
  • Manufacturer Name: Lewa
  • Year: 2014
  • Machinery Weight: 3000 LBS
  • Frequency: 60 HERTZ
  • Voltage: 230/460 VOLTS
  • Located in: VA, USA

We buy Lewa LDF3-M911S-25-SAN 574643-010.001 60 HERTZ 230/460 VOLTS in bulk. Click here to get a free valuation.

Aesus Delta Shrink 80 PSI 220 VOLTS 60 HERTZ 15 AMPS | Sleevers

  • Machinery Weight: 2500 LBS
  • Machinery Dimensions: 144 x 72 x 96 IN
  • Model: Delta Shrink
  • Air Requirements: 80 PSI
  • Manufacturer Name: Aesus
  • Current: 15 AMPS
  • Voltage: 220 VOLTS
  • Recommended Packaging Form: CUSTOM
  • CE Marked: NO
  • Phase: 1
  • Frequency: 60 HERTZ
  • Located in: North America

We buy Aesus Delta Shrink 80 PSI 220 VOLTS 60 HERTZ 15 AMPS in bulk. Click here to get a free valuation.

Xenogen IVIS 1326, CM03711-0401, A0400858/A00E3001 | Imaging - CAT Scan

  • Machinery Dimensions: 48 x 30 x 74 IN
  • Model: IVIS
  • Serial Number: 1326, CM03711-0401, A0400858/A00E3001
  • Manufacturer Name: Xenogen
  • Machinery Weight: 400 LBS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Located in: CA, USA

We buy Xenogen IVIS 1326, CM03711-0401, A0400858/A00E3001 in bulk. Click here to get a free valuation.

Optrel PWL60 21690059 240 VOLTS 50/60 HERTZ | Inspection Machines

  • Machinery Dimensions: 5 x 5 x 8 FT
  • Model: PWL60
  • Serial Number: 21690059
  • Manufacturer Name: Optrel
  • Machinery Weight: 1200 Pounds
  • Voltage: 240 VOLTS
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: NC, USA

We buy Optrel PWL60 21690059 240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Blue M Electric CC-05C WATER COOLED | Drying Ovens

  • Heating or Cooling Source: WATER COOLED
  • Temperature Range: 250 DEG C
  • Model: CC-05C
  • Manufacturer Name: Blue M Electric
  • Machinery Weight: 1 LBS
  • Machinery Dimensions: 1 x 1 x 1 IN
  • Recommended Packaging Form: CRATE
  • CE Marked: YES
  • Located in: Asia

We buy Blue M Electric CC-05C WATER COOLED in bulk. Click here to get a free valuation.

Kinetic Systems STAINLESS STEEL | Tables

  • Machinery Dimensions: 120 x 48 x 40 IN
  • Manufacturer Name: Kinetic Systems
  • Machinery Weight: 500 LBS
  • Material of Construction: STAINLESS STEEL
  • Located in: Jouy-En-Josas, France

We buy Kinetic Systems STAINLESS STEEL in bulk. Click here to get a free valuation.

Micro Control Company HPB-5A 480 VOLTS | Miscellaneous

  • Machinery Weight: 7400 LBS
  • Machinery Dimensions: 126 x 103 x 88 IN
  • Model: HPB-5A
  • Manufacturer Name: Micro Control Company
  • Recommended Packaging Form: CUSTOM
  • Voltage: 480 VOLTS
  • Located in: Santa Clara, CA, USA

We buy Micro Control Company HPB-5A 480 VOLTS in bulk. Click here to get a free valuation.

Atlas MTT GmbH CPS+ 1310021. 230 VOLTS 50/60 HERTZ | Environmental Chamber

  • Machinery Dimensions: 62.99 x 27.56 x 19.69 in
  • Model: CPS+
  • Serial Number: 1310021.
  • Manufacturer Name: Atlas MTT GmbH
  • Machinery Weight: 154.32 lb
  • Voltage: 230 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Wales, United Kingdom

We buy Atlas MTT GmbH CPS+ 1310021. 230 VOLTS 50/60 HERTZ 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.

Applied Materials Inc 0010-26749 07910-3 35-50 LBS 145 PSI | Actuators

  • Serial Number: 07910-3
  • Model: 0010-26749
  • 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 0010-26749 07910-3 35-50 LBS 145 PSI in bulk. Click here to get a free valuation.

Thermo Electron Corporation DIONEX Surveyor MSQ Plus MSD | Mass Spectrometers

  • Model: DIONEX Surveyor MSQ Plus MSD
  • Manufacturer Name: Thermo Electron Corporation
  • Located in: North America

We buy Thermo Electron Corporation DIONEX Surveyor MSQ Plus MSD in bulk. Click here to get a free valuation.

Nikon Eclipse 80i | Microscopes

  • Machinery Dimensions: 31 x 22 x 31 IN
  • Manufacturer Name: Nikon
  • Type of Microscope: BINOCULAR
  • Model: Eclipse 80i
  • Machinery Weight: 35 LBS
  • CE Marked: YES
  • Located in: IL, USA

We buy Nikon Eclipse 80i in bulk. Click here to get a free valuation.

IWKA TK63 | Printing or Code Markers

  • Machinery Dimensions: 74.80 x 51.18 x 78.74 in
  • Model: TK63
  • Manufacturer Name: IWKA
  • Year: 1996
  • Machinery Weight: 2204.60 lb
  • Located in: Europe

We buy IWKA TK63 in bulk. Click here to get a free valuation.

Manesty Betapress 90000 TPH unknown in unknown IN 220 VOLTS unknown AMPS | Tablet Presses

  • Maximum depth of fill: unknown IN
  • Maximum tablet diameter: unknown in
  • Maximum capacity (tablets per minute or hour): 90000 TPH
  • Model: Betapress
  • Manufacturer Name: Manesty
  • Machinery Dimensions: 51.18 x 51.18 x 78.74 in
  • No. of Stations: 16
  • Year: no
  • Current: unknown AMPS
  • Pre-compression: YES
  • Frequency: 50/60
  • Machinery Weight: 3306.90 lb
  • Voltage: 220 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: Europe

We buy Manesty Betapress 90000 TPH unknown in unknown IN 220 VOLTS unknown AMPS in bulk. Click here to get a free valuation.

IKA Labortechnik RCT 437372, 408462 220 VOLTS 50/60 HERTZ | Stirrers and Hot Plates

  • Machinery Dimensions: 19.69 x 5.91 x 4.72 in
  • Model: RCT
  • Serial Number: 437372, 408462
  • Manufacturer Name: IKA Labortechnik
  • Machinery Weight: 22.05 lb
  • Voltage: 220 VOLTS
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Germany

We buy IKA Labortechnik RCT 437372, 408462 220 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Lee Industries, Inc. 22449-1-3 100 GALS STAINLESS STEEL 75 PSI 2 HP 500 IN 36 IN 48 IN 24 IN 230/460 VOLTS 50/60 HERTZ | Tanks

  • Machinery Dimensions: 84 x 48 x 79 IN
  • Outside Diameter: 500 IN
  • RPM: 1725
  • HP or KW: 2 HP
  • Internal Pressure Rating: 75 PSI
  • Country Cert. (Example National Board, CDN, CE Marked): 8930
  • Capacity of Tank: 100 GALS
  • Serial Number: 22449-1-3
  • Manufacturer Name: Lee Industries, Inc.
  • Straight Side: 24 IN
  • Inside Diameter: 36 IN
  • Type of Top Head: DISHED
  • Type of Bottom Head: DISHED
  • Overall Height: 48 IN
  • Internal Temperature Rating: 300 DEG F
  • Vertical or Horizontal: VERTICAL
  • Agitation: YES
  • Tank Material of Construction: STAINLESS STEEL
  • Machinery Weight: 800 LBS
  • Year: 2002
  • Frequency: 50/60 HERTZ
  • Jacketed: NO
  • Recommended Packaging Form: CUSTOM PALLET
  • Voltage: 230/460 VOLTS
  • Located in: MA, USA

We buy Lee Industries, Inc. 22449-1-3 100 GALS STAINLESS STEEL 75 PSI 2 HP 500 IN 36 IN 48 IN 24 IN 230/460 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Thermo Finnigan TSQ Quantum Discovery MAX | Mass Spectrometers

  • Model: TSQ Quantum Discovery MAX
  • Manufacturer Name: Thermo Finnigan
  • Machinery Dimensions: 48 x 40 x 48 IN
  • Machinery Weight: 300 LBS
  • Type of Mass Spec: TRIPLE STAGE QUAD
  • Recommended Packaging Form: PALLET
  • Located in: North America

We buy Thermo Finnigan TSQ Quantum Discovery MAX in bulk. Click here to get a free valuation.

Bio Rad PTC-200 | PCR and Thermal Cyclers

  • Model: PTC-200
  • Manufacturer Name: Bio Rad
  • Located in: North America

We buy Bio Rad PTC-200 in bulk. Click here to get a free valuation.

Mc Quay A050XX400FPPV2H1 OP-0313-02-1 40 HP 1770 RPM 230/460 VOLTS 60 HERTZ 98/49 AMPS | Air Handlers

  • Machinery Dimensions: 127.95 x 122.05 x 82.68 in
  • Current: 98/49 AMPS
  • Model: A050XX400FPPV2H1
  • Serial Number: OP-0313-02-1
  • Capacity Details: 0.075 lb/cu ft
  • Capacity Speed: 1770 RPM
  • Capacity Size: 40 HP
  • Manufacturer Name: Mc Quay
  • Year: 2004
  • Machinery Weight: 2.20 lb
  • Recommended Packaging Form: CUSTOM
  • CE Marked: NO
  • Phase: 3
  • Frequency: 60 HERTZ
  • Voltage: 230/460 VOLTS
  • Located in: Durango, Mexico

We buy Mc Quay A050XX400FPPV2H1 OP-0313-02-1 40 HP 1770 RPM 230/460 VOLTS 60 HERTZ 98/49 AMPS in bulk. Click here to get a free valuation.

Leica Diavert 17725 240 VOLTS 50/60 HERTZ | Miscellaneous

  • Machinery Dimensions: 31.50 x 17.72 x 19.69 in
  • Model: Diavert
  • Serial Number: 17725
  • Type of Microscope: INVERTED
  • Manufacturer Name: Leica
  • Machinery Weight: 66.14 lb
  • Voltage: 240 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • CE Marked: NO
  • Located in: Basel, Basel, Switzerland

We buy Leica Diavert 17725 240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.