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

Surplus Machinery

PALS Labeling FL 30 SDCR | Labelers

  • Machinery Dimensions: 1250 x 650 x 1550 IN
  • Model: FL 30 SDCR
  • Manufacturer Name: PALS Labeling
  • Machinery Weight: 363.76 lb
  • Year: 2000
  • Located in: Europe

We buy PALS Labeling FL 30 SDCR in bulk. Click here to get a free valuation.

Agilent Technologies 1200 HPLC | HPLC

  • Model: 1200 HPLC
  • Manufacturer Name: Agilent Technologies
  • Located in: North America

We buy Agilent Technologies 1200 HPLC in bulk. Click here to get a free valuation.

Millipore Exact Air II F9AN52109... 100-240 VOLTS 50/60 HERTZ 8 AMPS | Filters

  • Serial Number: F9AN52109...
  • Machinery Dimensions: 31.50 x 29.53 x 39.76 in
  • Model: Exact Air II
  • Manufacturer Name: Millipore
  • Voltage: 100-240 VOLTS
  • Machinery Weight: 220.46 lb
  • Year: 2009
  • CE Marked: YES
  • Current: 8 AMPS
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Recommended Packaging Form: PALLET
  • Located in: Wales, United Kingdom

We buy Millipore Exact Air II F9AN52109... 100-240 VOLTS 50/60 HERTZ 8 AMPS in bulk. Click here to get a free valuation.

Qiagen Biosprint 96 710-82 100-240 VOLTS 50/60 HERTZ | Miscellaneous

  • Machinery Dimensions: 29.92 x 23.62 x 15.75 in
  • Model: Biosprint 96
  • Serial Number: 710-82
  • Manufacturer Name: Qiagen
  • Machinery Weight: 132.28 lb
  • Voltage: 100-240 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Basel, Basel, Switzerland

We buy Qiagen Biosprint 96 710-82 100-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

C. E. King CF-150 2225/02 100 BPM 220 VOLTS 60 HERTZ | Miscellaneous

  • Machinery Dimensions: 44 x 65 x 75 IN
  • Number of Lanes: 1
  • Model: CF-150
  • Serial Number: 2225/02
  • Manufacturer Name: C. E. King
  • Machinery Weight: 600 LBS
  • Capacity Speed: 100 BPM
  • Year: 1995
  • Voltage: 220 VOLTS
  • CE Marked: NO
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Forest, VA, USA

We buy C. E. King CF-150 2225/02 100 BPM 220 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Koppens PR400 | Food Equipment

  • Model: PR400
  • Manufacturer Name: Koppens
  • Machinery Dimensions: 78.74 x 39.37 x 64.96 in
  • Machinery Weight: 661.38 lb
  • Located in: Europe

We buy Koppens PR400 in bulk. Click here to get a free valuation.

Fuji FW 3400 Series II | Flow Wrappers

  • Model: FW 3400 Series II
  • Manufacturer Name: Fuji
  • Machinery Weight: 0 LBS
  • Machinery Dimensions: 0 x 0 x 0 IN
  • Located in: North America

We buy Fuji FW 3400 Series II in bulk. Click here to get a free valuation.

Fuji FW3700 | Flow Wrappers

  • Machinery Weight: 2095 LBS
  • Machinery Dimensions: 72 x 48 x 58 IN
  • Model: FW3700
  • Manufacturer Name: Fuji
  • Located in: North America

We buy Fuji FW3700 in bulk. Click here to get a free valuation.

Spark Holland NO DETECTOR NO PUMP | Miscellaneous

  • Machinery Dimensions: 28.35 x 51.18 x 68.90 in
  • Manufacturer Name: Spark Holland
  • Type of Pump for HPLC: NO PUMP
  • Machinery Weight: 264.55 lb
  • Type of Detector for HPLC: NO DETECTOR
  • Year: 2007
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Located in: Basel, Basel, Switzerland

We buy Spark Holland NO DETECTOR NO PUMP in bulk. Click here to get a free valuation.

Muvero | Food Equipment

  • Manufacturer Name: Muvero
  • Machinery Dimensions: 59.06 x 39.37 x 59.06 in
  • Machinery Weight: 771.61 lb
  • Year: 2003
  • Recommended Packaging Form: PALLET
  • Located in: Europe

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

Waters Micromass ZQ LAA1097; E995M7 926M SINGLE QUAD 100/240 VOLTS 50/60 HERTZ | Mass Spectrometers

  • Machinery Dimensions: 82.28 x 18.11 x 23.23 in
  • Model: Micromass ZQ
  • Serial Number: LAA1097; E995M7 926M
  • Machinery Weight: 771.61 lb
  • Manufacturer Name: Waters
  • Type of Mass Spec: SINGLE QUAD
  • Year: 1999
  • Voltage: 100/240 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Belgium

We buy Waters Micromass ZQ LAA1097; E995M7 926M SINGLE QUAD 100/240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Heraeus Heracell 150 40465218 230 VOLTS 50/60 HERTZ | Miscellaneous

  • Machinery Dimensions: 30.31 x 25.20 x 33.86 in
  • Model: Heracell 150
  • Serial Number: 40465218
  • Manufacturer Name: Heraeus
  • Machinery Weight: 176.37 lb
  • Voltage: 230 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Recommended Packaging Form: PALLET
  • Located in: Basel, Basel, Switzerland

We buy Heraeus Heracell 150 40465218 230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Prestolite Power Corp 510M1-12C 498CS46175 208/240/480 VOLTS 60 HERTZ | Battery Chargers

  • Machinery Dimensions: 18 x 18 x 18 IN
  • Voltage: 208/240/480 VOLTS
  • Capacity Details: 24V
  • Model: 510M1-12C
  • Serial Number: 498CS46175
  • Manufacturer Name: Prestolite Power Corp
  • Machinery Weight: 100 LBS
  • Phase: 1
  • Frequency: 60 HERTZ
  • Located in: GA, USA

We buy Prestolite Power Corp 510M1-12C 498CS46175 208/240/480 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Brooks Automation Inc | Drives

  • Machinery Dimensions: 17 x 7 x 7 IN
  • Manufacturer Name: Brooks Automation Inc
  • Machinery Weight: 12 LBS
  • Recommended Packaging Form: 19C (22X15X13)
  • Located in: MA, USA

We buy Brooks Automation Inc in bulk. Click here to get a free valuation.

Fuji Seal Europe BV 3200-DE 120423 25200 BPH 250 ml 440 VOLTS 60 HERTZ 33 AMPS | Sleevers

  • Machinery Weight: 13007.14 lb
  • Machinery Dimensions: 1027.56 x 255.91 x 118.11 in
  • Product Sizing: 250 ml
  • Capacity Speed: 25200 BPH
  • Serial Number: 120423
  • Model: 3200-DE
  • Manufacturer Name: Fuji Seal Europe BV
  • Current: 33 AMPS
  • Voltage: 440 VOLTS
  • Year: 2004
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Mexico

We buy Fuji Seal Europe BV 3200-DE 120423 25200 BPH 250 ml 440 VOLTS 60 HERTZ 33 AMPS in bulk. Click here to get a free valuation.

Knauer 2500 82374 260 VOLTS 50/60 HERTZ | Detectors

  • Serial Number: 82374
  • Machinery Dimensions: 9.84 x 15.75 x 5.91 in
  • Voltage: 260 VOLTS
  • Model: 2500
  • Manufacturer Name: Knauer
  • Machinery Weight: 8.82 lb
  • Year: 2005
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Located in: Antwerpen, Belgium

We buy Knauer 2500 82374 260 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

BFB 3786 50 CPM | Overwrappers

  • Machinery Dimensions: 122.05 x 47.24 x 82.68 in
  • Model: 3786
  • Capacity Speed: 50 CPM
  • Manufacturer Name: BFB
  • Machinery Weight: 3306.90 lb
  • Year: 1993
  • Located in: Europe

We buy BFB 3786 50 CPM in bulk. Click here to get a free valuation.

Precision Stainless 6906-8 5 GALS 150 PSI 9 IN 460 VOLTS 60 HERTZ | Reactors

  • Machinery Dimensions: 40 x 36 x 81 IN
  • Straight Side: 9 IN
  • Baffle: FINGER
  • Internal Temperature Rating: 450 DEG F
  • Country Cert. (Example National Board, CDN, CE Marked): 5206
  • Capacity of Reactor: 5 GALS
  • Reactor Material of Construction: ALLOY
  • Serial Number: 6906-8
  • Manufacturer Name: Precision Stainless
  • Type of Agitation: TURBINE
  • Internal Pressure Rating: 150 PSI
  • Agitator Location: TOP
  • Full Vacuum: YES
  • Agitation: YES
  • Year: 1994
  • Voltage: 460 VOLTS
  • Machinery Weight: 500 LBS
  • CE Marked: NO
  • Phase: 3
  • Frequency: 60 HERTZ
  • Recommended Packaging Form: PALLET
  • Located in: NJ, USA

We buy Precision Stainless 6906-8 5 GALS 150 PSI 9 IN 460 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Gruenberg B18H15.6SS 29279 STAINLESS STEEL ELECTRICALLY HEATED 480 VOLTS 60 HERTZ 6 KW | Drying Ovens

  • Machinery Weight: 1400 LBS
  • Machinery Dimensions: 54 x 67 x 74 IN
  • Number of Shelves: 9
  • Chamber Dimensions: 30 x 30 x 30 IN
  • Model: B18H15.6SS
  • Serial Number: 29279
  • Manufacturer Name: Gruenberg
  • Temperature Range: 90 DEG C
  • Current: 6 KW
  • Heating or Cooling Source: ELECTRICALLY HEATED
  • Material of Construction: STAINLESS STEEL
  • Voltage: 480 VOLTS
  • CE Marked: NO
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: IN, USA

We buy Gruenberg B18H15.6SS 29279 STAINLESS STEEL ELECTRICALLY HEATED 480 VOLTS 60 HERTZ 6 KW in bulk. Click here to get a free valuation.

Agilent Technologies 66332A MY43001473, MY43001453, MY43001477, US37472796, US36320754, US37474148, US37473219, MY43000191 | Miscellaneous

  • Serial Number: MY43001473, MY43001453, MY43001477, US37472796, US36320754, US37474148, US37473219, MY43000191
  • Machinery Weight: 224 LBS
  • Machinery Dimensions: 136 x 15 x 4 IN
  • Model: 66332A
  • Recommended Packaging Form: 19C (22X15X13)
  • Manufacturer Name: Agilent Technologies
  • Located in: San Jose, CA, USA

We buy Agilent Technologies 66332A MY43001473, MY43001453, MY43001477, US37472796, US36320754, US37474148, US37473219, MY43000191 in bulk. Click here to get a free valuation.

Perkin Elmer PH- H2 250 HG071015025 110/230 VOLTS 50/60 HERTZ | Hydrogen Generators

  • Voltage: 110/230 VOLTS
  • Model: PH- H2 250
  • Serial Number: HG071015025
  • Machinery Dimensions: 9.06 x 15.75 x 15.75 in
  • Machinery Weight: 44.09 lb
  • Manufacturer Name: Perkin Elmer
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Antwerpen, Belgium

We buy Perkin Elmer PH- H2 250 HG071015025 110/230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Christ Alpha 2-4 LD Plus 16181 220 VOLTS 50 HERTZ | Freeze Dryers

  • Machinery Dimensions: 26.77 x 25.98 x 21.65 in
  • Model: Alpha 2-4 LD Plus
  • Serial Number: 16181
  • Manufacturer Name: Christ
  • Stoppering Capable: NO
  • Year: 2010
  • Machinery Weight: 198.41 lb
  • Frequency: 50 HERTZ
  • Voltage: 220 VOLTS
  • CE Marked: YES
  • Phase: 1
  • Located in: Austria

We buy Christ Alpha 2-4 LD Plus 16181 220 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Inject Star of the Americas 3 KW STAINLESS STEEL | Tenderizer

  • Machinery Dimensions: 55.12 x 39.37 x 64.96 in
  • Manufacturer Name: Inject Star of the Americas
  • Current: 3 KW
  • Material of Construction: STAINLESS STEEL
  • Machinery Weight: 551.15 lb
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: Europe

We buy Inject Star of the Americas 3 KW STAINLESS STEEL in bulk. Click here to get a free valuation.

Flowserve 1.5AKH3-PFA BALL VALVES ONE WAY | Valves

  • Machinery Dimensions: 12 x 12 x 12 IN
  • Model: 1.5AKH3-PFA
  • Valve Flow: ONE WAY
  • Manufacturer Name: Flowserve
  • Valve Type: BALL VALVES
  • Machinery Weight: 35 LBS
  • Recommended Packaging Form: 12C (12X12X12)
  • Located in: MA, USA

We buy Flowserve 1.5AKH3-PFA BALL VALVES ONE WAY in bulk. Click here to get a free valuation.

Allen Bradley 1794-ASB2 | Electronics

  • Machinery Weight: 0.42 lb
  • Model: 1794-ASB2
  • Manufacturer Name: Allen Bradley
  • Machinery Dimensions: 1 x 1 x 1 IN
  • Located in: South Asia

We buy Allen Bradley 1794-ASB2 in bulk. Click here to get a free valuation.

Belvac Production Machinery DTS4 DT4-011 60 HERTZ | Cutters

  • Model: DTS4
  • Serial Number: DT4-011
  • Machinery Dimensions: 1 x 1 x 11 IN
  • Manufacturer Name: Belvac Production Machinery
  • Machinery Weight: 1500 LBS
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: SC, USA

We buy Belvac Production Machinery DTS4 DT4-011 60 HERTZ in bulk. Click here to get a free valuation.

Gorton 375 51550 | Grinders

  • Machinery Dimensions: 24 x 24 x 48 IN
  • Serial Number: 51550
  • Model: 375
  • Manufacturer Name: Gorton
  • Number of heads: 1
  • Machinery Weight: 250 LBS
  • Located in: IL, USA

We buy Gorton 375 51550 in bulk. Click here to get a free valuation.

OMET OMET X-FLEX X6 430 400/480 VOLTS 50/60 HERTZ | Printing Presses

  • Machinery Dimensions: 49.21 x 9.84 x 6.56 ft
  • Print Speed: 660 FPM - 200 m/min
  • Model: OMET X-FLEX X6 430
  • Manufacturer Name: OMET
  • Type of Dryer: UV
  • Machinery Weight: 44092.00 lb
  • Voltage: 400/480 VOLTS
  • CE Marked: YES
  • Year: 2012
  • Frequency: 50/60 HERTZ
  • Phase: 3
  • Located in: Africa

We buy OMET OMET X-FLEX X6 430 400/480 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Labsystems Fluoroskan Ascent FL 374029486C, 347016699 200/240 VOLTS 50/60 HERTZ 3.5 AMPS | Microplate Readers

  • Machinery Dimensions: 17.72 x 19.69 x 27.56 in
  • Serial Number: 374029486C, 347016699
  • Model: Fluoroskan Ascent FL
  • Manufacturer Name: Labsystems
  • Voltage: 200/240 VOLTS
  • Current: 3.5 AMPS
  • Machinery Weight: 44.09 lb
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Antwerpen, Belgium

We buy Labsystems Fluoroskan Ascent FL 374029486C, 347016699 200/240 VOLTS 50/60 HERTZ 3.5 AMPS in bulk. Click here to get a free valuation.

CWF Equipment PWH-100 11353 10000 LBS | Fork Lift Trucks

  • Model: PWH-100
  • Capacity Size: 10000 LBS
  • Serial Number: 11353
  • Manufacturer Name: CWF Equipment
  • Stand Up/Sit Down: Stand Up Walking
  • Battery Required: yes
  • Fuel: ELECTRIC
  • Machinery Weight: 1 LBS
  • Machinery Dimensions: 1 x 1 x 1 IN
  • Recommended Packaging Form: CUSTOM
  • Located in: PR, USA

We buy CWF Equipment PWH-100 11353 10000 LBS 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.

National Instruments Co USB-6363 X Series 1779B8D 30 WATTS | Miscellaneous

  • Serial Number: 1779B8D
  • Machinery Dimensions: 8 x 7 x 2 IN
  • Current: 30 WATTS
  • Voltage: 11-30 DC VOLTS
  • Model: USB-6363 X Series
  • Manufacturer Name: National Instruments Co
  • Machinery Weight: 1 LBS
  • Recommended Packaging Form: 12C (12X12X12)
  • CE Marked: YES
  • Phase: 1
  • Located in: San Jose, CA, USA

We buy National Instruments Co USB-6363 X Series 1779B8D 30 WATTS in bulk. Click here to get a free valuation.

Luminex Luminex 100 LXSD06069001 2 BAR 100-240 VOLTS 0.4 AMPS | Analyzers

  • Air Requirements: 2 BAR
  • Model: Luminex 100
  • Serial Number: LXSD06069001
  • Manufacturer Name: Luminex
  • Machinery Dimensions: 7.87 x 7.87 x 7.87 in
  • Type: PARTS AND ACCESSORIES
  • Current: 0.4 AMPS
  • Machinery Weight: 66.14 lb
  • Frequency: 50/60
  • Voltage: 100-240 VOLTS
  • Year: 2006
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 1
  • Located in: Turkey

We buy Luminex Luminex 100 LXSD06069001 2 BAR 100-240 VOLTS 0.4 AMPS in bulk. Click here to get a free valuation.

Minipack Torre TUNNEL 50 TWIN unknown BAR 380 VOLTS 4,5-20 AMPS | Wrappers/Overwrappers/Bundlers

  • Machinery Dimensions: 157.48 x 39.37 x 62.99 in
  • Current: 4,5-20 AMPS
  • Wrapped Packages/Minute: Output 40 pcs/min
  • Single/Multipack: multi
  • Packages/Minutes: Output 40 pcs/min
  • Capacity Details: Max product dimensions 400x550x160 h mm
  • Products Run: Max product dimensions 400x550x160 h mm
  • Product Sizing: Max product dimensions 400x550x160 h mm
  • Capacity Speed: Output 40 pcs/min CU FT/MIN
  • Model: TUNNEL 50 TWIN
  • Capacity Size: Max product dimensions 400x550x160 h mm SQ FT
  • Manufacturer Name: Minipack Torre
  • Wrapping Method: SHRINK
  • Film Type: SUPPORTED
  • Film: PLAIN
  • Air Requirements: unknown BAR
  • Frequency: 50/60
  • Voltage: 380 VOLTS
  • Machinery Weight: 2204.60 lb
  • Year: 2005
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: Europe

We buy Minipack Torre TUNNEL 50 TWIN unknown BAR 380 VOLTS 4,5-20 AMPS in bulk. Click here to get a free valuation.

Engel VICTORY 200/50 80 TONS | Injection Molders

  • Products Run: 52500h
  • Capacity Size: 80 TONS
  • Model: VICTORY 200/50
  • Machinery Dimensions: 155.00 x 55.31 x 90.55 in
  • Manufacturer Name: Engel
  • Machinery Weight: 11463.92 lb
  • CE Marked: YES
  • Year: 2012
  • Located in: Latin America

We buy Engel VICTORY 200/50 80 TONS in bulk. Click here to get a free valuation.

DMG Mori Seiki Co. CTX 310 ECO 6.30 in 17.72 in 5000 RPM 140 h5 | Machining Centers

  • Machinery Weight: 8377.48 lb
  • Machinery Dimensions: 177.17 x 78.74 x 68.50 in
  • Spindle Taper: 140 h5
  • Maximum Speed: 5000 RPM
  • Travel Z-Axis: 17.72 in
  • Travel X-Axis: 6.30 in
  • Model: CTX 310 ECO
  • Manufacturer Name: DMG Mori Seiki Co.
  • Type of Control: CNC
  • Year: 2009
  • Located in: Europe

We buy DMG Mori Seiki Co. CTX 310 ECO 6.30 in 17.72 in 5000 RPM 140 h5 in bulk. Click here to get a free valuation.

Nordson 3400 400 VOLTS 50-60 HERTZ | Hotmelts

  • Machinery Dimensions: 31.50 x 15.75 x 23.62 in
  • Capacity of Holding Tank: Tank capacity 5,4 kg
  • No. of Glue Heads: 1
  • Model: 3400
  • Manufacturer Name: Nordson
  • Frequency: 50-60 HERTZ
  • Voltage: 400 VOLTS
  • Machinery Weight: 176.37 lb
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy Nordson 3400 400 VOLTS 50-60 HERTZ in bulk. Click here to get a free valuation.

Paal Elematic 3000S 1867 00 05/08 6 BAR WRAP AROUND SIDE LOAD 50 HERTZ 20 AMPS | Case Packers

  • Machinery Dimensions: 279.72 x 77.05 x 78.74 in
  • Voltage: 230 400 VOLTS
  • Products Run: Filled and Closed Trays
  • Model: Elematic 3000S
  • Serial Number: 1867 00 05/08
  • Manufacturer Name: Paal
  • Type of Packer: SIDE LOAD
  • Type of Case: WRAP AROUND
  • Machinery Weight: 6613.80 lb
  • Year: 2008
  • Air Requirements: 6 BAR
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Current: 20 AMPS
  • Phase: 1
  • Located in: Portugal

We buy Paal Elematic 3000S 1867 00 05/08 6 BAR WRAP AROUND SIDE LOAD 50 HERTZ 20 AMPS in bulk. Click here to get a free valuation.

Agilent Technologies 6890N/5973N | Mass Spectrometers

  • Model: 6890N/5973N
  • Manufacturer Name: Agilent Technologies
  • Located in: North America

We buy Agilent Technologies 6890N/5973N in bulk. Click here to get a free valuation.

Aczet Pvt.Ltd. CY 3101 | Balances

  • Model: CY 3101
  • Manufacturer Name: Aczet Pvt.Ltd.
  • Located in: North America

We buy Aczet Pvt.Ltd. CY 3101 in bulk. Click here to get a free valuation.