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

Surplus Machinery

Edwards E2M18 | Miscellaneous Lab Equipment

  • Model: E2M18
  • Manufacturer Name: Edwards
  • Located in: North America

We buy Edwards E2M18 in bulk. Click here to get a free valuation.

Metrohm 492286 50/60 HERTZ | Titrators

  • Machinery Dimensions: 3.94 x 3.94 x 7.87 in
  • Serial Number: 492286
  • Manufacturer Name: Metrohm
  • Machinery Weight: 2.20 lb
  • Year: 2015
  • Frequency: 50/60 HERTZ
  • Located in: Basel, Switzerland

We buy Metrohm 492286 50/60 HERTZ in bulk. Click here to get a free valuation.

Instrumentation Laboratory ACL Advance 4080959 120 VOLTS 50/60 HERTZ | Analyzers

  • Machinery Dimensions: 48 x 34 x 22 IN
  • Model: ACL Advance
  • Serial Number: 4080959
  • Manufacturer Name: Instrumentation Laboratory
  • Type: CHEMISTRY
  • Machinery Weight: 500 LBS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Voltage: 120 VOLTS
  • Recommended Packaging Form: PALLET
  • Located in: MA, USA

We buy Instrumentation Laboratory ACL Advance 4080959 120 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Keithley S400UX | Wafer Tester

  • Machinery Dimensions: 48 x 40 x 72 IN
  • Model: S400UX
  • Manufacturer Name: Keithley
  • Machinery Weight: 1200 LBS
  • Year: 1995
  • Recommended Packaging Form: CUSTOM
  • Located in: East Asia/Pacific

We buy Keithley S400UX in bulk. Click here to get a free valuation.

Lab Tech H150-2100 Series | Miscellaneous Lab Equipment

  • Model: H150-2100 Series
  • Manufacturer Name: Lab Tech
  • Located in: North America

We buy Lab Tech H150-2100 Series in bulk. Click here to get a free valuation.

CCL Labeling Equipment 5005RC 407585 115 VOLTS 60 HERTZ 15 AMPS | Labelers

  • Machinery Dimensions: 89 x 44 x 74 IN
  • Location of Labels on Product: wrap
  • Model: 5005RC
  • Serial Number: 407585
  • Manufacturer Name: CCL Labeling Equipment
  • Machinery Weight: 450 LBS
  • Voltage: 115 VOLTS
  • Imprinter or Coder: Yes
  • Application Type: WIPE/MERGE
  • Number of Labeling Heads: 1
  • Type of Labeler: INLINE
  • Current: 15 AMPS
  • Recommended Packaging Form: CUSTOM
  • CE Marked: NO
  • Phase: 1
  • Frequency: 60 HERTZ
  • Located in: MA, USA

We buy CCL Labeling Equipment 5005RC 407585 115 VOLTS 60 HERTZ 15 AMPS in bulk. Click here to get a free valuation.

Combi Packaging Systems LLC 2EZHS 2EZHS543964 240 VOLTS 60 HERTZ 30 AMPS | Miscellaneous

  • Model: 2EZHS
  • Serial Number: 2EZHS543964
  • Manufacturer Name: Combi Packaging Systems LLC
  • Year: 2018
  • Current: 30 AMPS
  • Voltage: 240 VOLTS
  • Machinery Weight: 4000 LBS
  • Machinery Dimensions: 1 x 1 x 1 IN
  • CE Marked: NO
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Bolton, ON, Canada

We buy Combi Packaging Systems LLC 2EZHS 2EZHS543964 240 VOLTS 60 HERTZ 30 AMPS 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.

Chemineer 348098-2 PROP STYLE | Agitators

  • Machinery Dimensions: 59 x 12 x 12 IN
  • Mounting Style: CLAMP
  • Output Speed: RPM
  • Serial Number: 348098-2
  • Manufacturer Name: Chemineer
  • Type of Agitation: PROP STYLE
  • Input Speed: RPM
  • Voltage: VOLTS
  • Machinery Weight: 200 LBS
  • CE Marked: NO
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: MA, USA

We buy Chemineer 348098-2 PROP STYLE in bulk. Click here to get a free valuation.

Harry Gestigkeit GmbH HI 12 10790802 230 VOLTS 50 HERTZ | Stirrers and Hot Plates

  • Machinery Dimensions: 14.17 x 14.17 x 7.09 in
  • Model: HI 12
  • Serial Number: 10790802
  • Manufacturer Name: Harry Gestigkeit GmbH
  • Machinery Weight: 11.02 lb
  • Voltage: 230 VOLTS
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 1
  • Located in: Germany

We buy Harry Gestigkeit GmbH HI 12 10790802 230 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Rubbermaid TradeMaster | Miscellaneous

  • Machinery Dimensions: 50 x 27 x 39 IN
  • Machinery Dimensions: 116 x 20 x 48 IN
  • Machinery Dimensions: 82 x 20 x 39 IN
  • Model: TradeMaster
  • Manufacturer Name: Rubbermaid
  • Machinery Weight: 400 LBS
  • Machinery Weight: 200 LBS
  • Machinery Weight: 700 LBS
  • Located in: Forest, VA, USA

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

Toyota 7FB25 Side Shift 37781 5511.50 lb Sit Down | Fork Lift Trucks

  • Machinery Weight: 8884.54 lb
  • Machinery Dimensions: 151.57 x 45.28 x 84.65 in
  • Battery Charger: No
  • Model: 7FB25 Side Shift
  • Serial Number: 37781
  • Manufacturer Name: Toyota
  • Fork Size: 1000 long x 120 wide in
  • Mast Stages: TRIPLE
  • Stand Up/Sit Down: Sit Down
  • Lifting Device: FORK
  • Fuel: ELECTRIC
  • Year: 2004
  • Capacity Size: 5511.50 lb
  • Located in: East Sussex, United Kingdom

We buy Toyota 7FB25 Side Shift 37781 5511.50 lb Sit Down in bulk. Click here to get a free valuation.

Aczet Pvt.Ltd. CZ 3 | Balances

  • Model: CZ 3
  • Manufacturer Name: Aczet Pvt.Ltd.
  • Located in: North America

We buy Aczet Pvt.Ltd. CZ 3 in bulk. Click here to get a free valuation.

Hanna Instruments HI96729 | Meters

  • Model: HI96729
  • Manufacturer Name: Hanna Instruments
  • Machinery Weight: 1 LBS
  • Year: 2014
  • Machinery Dimensions: 1 x 1 x 1 IN
  • Located in: Brazil

We buy Hanna Instruments HI96729 in bulk. Click here to get a free valuation.

Starfrost 85-26-35 C-361 380 VOLTS 50 HERTZ 46 KW | Freezers

  • Type of Freezer: SPIRAL
  • Current: 46 KW
  • Temperature Range: 60-1 DEG C
  • Model: 85-26-35
  • Serial Number: C-361
  • Manufacturer Name: Starfrost
  • Machinery Dimensions: 0.00 x 0.00 x 0.00 in
  • Machinery Weight: 0.00 lb
  • Voltage: 380 VOLTS
  • Year: 2005
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 3
  • Located in: Spain

We buy Starfrost 85-26-35 C-361 380 VOLTS 50 HERTZ 46 KW in bulk. Click here to get a free valuation.

Flow Sciences 85502A866 F182447-000013 115 VOLTS 50/60 HERTZ | Miscellaneous

  • Machinery Dimensions: 32 x 32 x 32 IN
  • Model: 85502A866
  • Serial Number: F182447-000013
  • Manufacturer Name: Flow Sciences
  • Machinery Weight: 75 LBS
  • Voltage: 115 VOLTS
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Forest, VA, USA

We buy Flow Sciences 85502A866 F182447-000013 115 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Tease Eletronica Ltda AP55-125 TEM 13266 60 HERTZ | Transformers

  • Machinery Dimensions: 23.62 x 27.56 x 47.24 in
  • KVA: 55
  • Model: AP55-125 TEM
  • Manufacturer Name: Tease Eletronica Ltda
  • Machinery Weight: 705.47 lb
  • Serial Number: 13266
  • Year: 2014
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: MG, Brazil

We buy Tease Eletronica Ltda AP55-125 TEM 13266 60 HERTZ in bulk. Click here to get a free valuation.

Optima 4030975 STAINLESS STEEL 400 VOLTS 50 HERTZ | Freeze Dryers

  • Usable Shelf Area: 301.39 sq ft
  • Size of Shelves - length x width: 1250 x 1570 in
  • Number of Shelves: 15
  • Serial Number: 4030975
  • Manufacturer Name: Optima
  • Distance Between Shelves: in
  • Machinery Dimensions: 0.00 x 0.00 x 0.00 in
  • Machinery Weight: 0.00 lb
  • Stoppering Capable: YES
  • Voltage: 400 VOLTS
  • Material of Construction: STAINLESS STEEL
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 3
  • Located in: France

We buy Optima 4030975 STAINLESS STEEL 400 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Phenomenex | Miscellaneous Lab Equipment

  • Manufacturer Name: Phenomenex
  • Located in: North America

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

Urania Engineering PouchPro 1184 50/60 HERTZ 220-240 VOLTS | Form Fill Seal Machines

  • Machinery Dimensions: 79 x 91 x 82 IN
  • Model: PouchPro
  • Serial Number: 1184
  • Manufacturer Name: Urania Engineering
  • Machinery Weight: 2500 LBS
  • Voltage: 220-240 VOLTS
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: WA, USA

We buy Urania Engineering PouchPro 1184 50/60 HERTZ 220-240 VOLTS in bulk. Click here to get a free valuation.

Posimat Posiflex 35 OC; 9822 400 VOLTS 50 HERTZ | Unscramblers

  • Machinery Dimensions: 0.17 x 0.14 x 0.12 in
  • Serial Number: OC; 9822
  • Model: POSIFLEX 35
  • Manufacturer Name: Posimat
  • Phase: 3+1
  • Year: 1999
  • Machinery Weight: 13227.60 lb
  • Voltage: 400 VOLTS
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Located in: United Kingdom

We buy Posimat Posiflex 35 OC; 9822 400 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Savant Instruments Inc. AES1000 120 VOLTS 60 HERTZ | Concentrators

  • Machinery Weight: 187 LBS
  • Machinery Dimensions: 26 x 26 x 16 IN
  • Model: AES1000
  • Manufacturer Name: Savant Instruments Inc.
  • Phase: 1
  • Voltage: 120 VOLTS
  • Frequency: 60 HERTZ
  • Recommended Packaging Form: PALLET
  • Located in: IL, USA

We buy Savant Instruments Inc. AES1000 120 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

BioTek Instruments ELx50 150996 and 232641 115 VOLTS 50/60 HERTZ | Microplate Washers

  • Machinery Dimensions: 28 x 15 x 6 IN
  • Serial Number: 150996 and 232641
  • Model: ELx50
  • Manufacturer Name: BioTek Instruments
  • Machinery Weight: 50 LBS
  • Voltage: 115 VOLTS
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: NC, USA

We buy BioTek Instruments ELx50 150996 and 232641 115 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Beckman Coulter GS-15R GYD94C37 FIXED ANGLE 230 VOLTS 50 HERTZ 6.3 AMPS | Miscellaneous

  • Machinery Dimensions: 19.69 x 23.62 x 15.75 in
  • Rotor Type: FIXED ANGLE
  • Serial Number: GYD94C37
  • Model: GS-15R
  • Current: 6.3 AMPS
  • Manufacturer Name: Beckman Coulter
  • Machinery Weight: 264.55 lb
  • Voltage: 230 VOLTS
  • Frequency: 50 HERTZ
  • Located in: Bridgend , Wales, United Kingdom

We buy Beckman Coulter GS-15R GYD94C37 FIXED ANGLE 230 VOLTS 50 HERTZ 6.3 AMPS in bulk. Click here to get a free valuation.

Anritsu Corporation MD8480C 2006699776200669943 100-120-200-240 VOLTS 50/60 HERTZ 650 VA | Miscellaneous

  • Serial Number: 2006699776200669943
  • Machinery Weight: 146 LBS
  • Machinery Dimensions: 46 x 18 x 14 IN
  • Current: 650 VA
  • Voltage: 100-120-200-240 VOLTS
  • Model: MD8480C
  • Manufacturer Name: Anritsu Corporation
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: San Jose, CA, USA

We buy Anritsu Corporation MD8480C 2006699776200669943 100-120-200-240 VOLTS 50/60 HERTZ 650 VA in bulk. Click here to get a free valuation.

Mettler Toledo XP1202S/M B135212956 1210 G 0.01 G 230 VOLTS 50/60 HERTZ | Miscellaneous

  • Machinery Dimensions: 22.64 x 11.81 x 3.94 in
  • Degree of Precision: 0.01 G
  • Capacity Size: 1210 G
  • Model: XP1202S/M
  • Serial Number: B135212956
  • Manufacturer Name: Mettler Toledo
  • Machinery Weight: 15.43 lb
  • Voltage: 230 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Basel, Basel, Switzerland

We buy Mettler Toledo XP1202S/M B135212956 1210 G 0.01 G 230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Label Aire Inc. 2111M 0193410004 90 PSI 125 VOLTS 60 HERTZ 5 AMPS | Labelers

  • Machinery Dimensions: 48 x 40 x 74 IN
  • Voltage: 125 VOLTS
  • Location of Labels on Product: Top of Carton/Box
  • Model: 2111M
  • Serial Number: 0193410004
  • Manufacturer Name: Label Aire Inc.
  • Application Type: BLOW
  • Current: 5 AMPS
  • Machinery Weight: 400 LBS
  • Air Requirements: 90 PSI
  • Number of Labeling Heads: 1
  • Type of Labeler: INLINE
  • Phase: 1
  • Recommended Packaging Form: CUSTOM PALLET
  • Frequency: 60 HERTZ
  • Located in: MA, USA

We buy Label Aire Inc. 2111M 0193410004 90 PSI 125 VOLTS 60 HERTZ 5 AMPS in bulk. Click here to get a free valuation.

Pfaudler STAINLESS STEEL 200 GALS 100 PSI 85 PSI 52 IN 40 IN 220/440 VOLTS 60 HERTZ | Reactors

  • Machinery Weight: 3050 LBS
  • Machinery Dimensions: 92 x 54 x 52 IN
  • Inside Diameter: 40 IN
  • Straight Side: 52 IN
  • Jacket Pressure Rating: 85 PSI
  • Country Cert. (Example National Board, CDN, CE Marked): 43397
  • Capacity of Reactor: 200 GALS
  • Manufacturer Name: Pfaudler
  • Jacket Temperature Rating: 400 DEG F
  • Internal Temperature Rating: 400 DEG F
  • Voltage: 220/440 VOLTS
  • Grade of Stainless Steel: 316L
  • Internal Pressure Rating: 100 PSI
  • Year: 1985
  • Reactor Material of Construction: STAINLESS STEEL
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: North America

We buy Pfaudler STAINLESS STEEL 200 GALS 100 PSI 85 PSI 52 IN 40 IN 220/440 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Waters Alliance 2695 J03SM7100M, K03SMH302M,K02487-533M TUNABLE ABSORBANCE NO PUMP 100-240 VOLTS 50/60 HERTZ 9.5 AMPS | HPLC

  • Machinery Weight: 136 LBS
  • Machinery Dimensions: 44 x 23 x 23 IN
  • Type of Detector for HPLC: TUNABLE ABSORBANCE
  • Model: Alliance 2695
  • Serial Number: J03SM7100M, K03SMH302M,K02487-533M
  • Current: 9.5 AMPS
  • Manufacturer Name: Waters
  • Type of Pump for HPLC: NO PUMP
  • Voltage: 100-240 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: CA, USA

We buy Waters Alliance 2695 J03SM7100M, K03SMH302M,K02487-533M TUNABLE ABSORBANCE NO PUMP 100-240 VOLTS 50/60 HERTZ 9.5 AMPS in bulk. Click here to get a free valuation.

Manesty Betapress 380 VOLTS 60 HERTZ | Tablet Presses

  • Machinery Weight: 1532.20 lb
  • Machinery Dimensions: 22.83 x 33.46 x 6.30 in
  • Model: Betapress
  • Manufacturer Name: Manesty
  • No. of Stations: 16
  • Voltage: 380 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Europe

We buy Manesty Betapress 380 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

AB Sciex Triple TOF 5600+ BN24281504 50/60 HERTZ 15 AMPS | Mass Spectrometers

  • Machinery Weight: 1500 LBS
  • Machinery Dimensions: 128.5 x 43 x 53.5 IN
  • Current: 15 AMPS
  • Voltage: 200 to 240 VOLTS
  • Type of Mass Spec: Q-TOF
  • Model: Triple TOF 5600+
  • Serial Number: BN24281504
  • Recommended Packaging Form: CRATE
  • Manufacturer Name: AB Sciex
  • Year: 2015
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Located in: CO, USA

We buy AB Sciex Triple TOF 5600+ BN24281504 50/60 HERTZ 15 AMPS in bulk. Click here to get a free valuation.

AJ Micronal AJX-PA 120/240 VOLTS 60 HERTZ 15 WATTS | Stirrers and Hot Plates

  • Machinery Weight: 4.41 lb
  • Machinery Dimensions: 8.27 x 5.91 x 35.43 in
  • Model: AJX-PA
  • Current: 15 WATTS
  • Manufacturer Name: AJ Micronal
  • Voltage: 120/240 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 60 HERTZ
  • Located in: Sao Paulo, Brazil

We buy AJ Micronal AJX-PA 120/240 VOLTS 60 HERTZ 15 WATTS in bulk. Click here to get a free valuation.

IMA RTL 6 6000 BPH 8 BAR 380 VOLTS 10 KW | Monobloc Filler-Capper Combination

  • Machinery Dimensions: 80.71 x 47.24 x 59.06 in
  • Max operating speed: 6000 BPH
  • Model: RTL 6
  • Current: 10 KW
  • Manufacturer Name: IMA
  • Number of Heads: 2
  • Air Requirements: 8 BAR
  • Frequency: 50
  • Type of Capping: SCREW
  • Type of Capper: ROTARY
  • Year: 2008
  • Type of Filler: ROTARY
  • Voltage: 380 VOLTS
  • Machinery Weight: 1102.30 lb
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: Europe

We buy IMA RTL 6 6000 BPH 8 BAR 380 VOLTS 10 KW in bulk. Click here to get a free valuation.

Burke Porter 480 VOLTS 50/60 HERTZ | Misc. Machine Tools / Shop Equipment

  • Manufacturer Name: Burke Porter
  • Machinery Weight: 0 LBS
  • Machinery Dimensions: 0 x 0 x 0 IN
  • Year: 2006
  • Frequency: 50/60 HERTZ
  • Voltage: 480 VOLTS
  • Located in: North America

We buy Burke Porter 480 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Unknown 50 LBS | Miscellaneous Processing Equipment

  • Machinery Dimensions: 25.59 x 25.59 x 78.74 in
  • Capacity Size: 50 LBS
  • Frequency: HERTZ
  • Voltage: VOLTS
  • Machinery Weight: 330.69 lb
  • Recommended Packaging Form: CUSTOM
  • CE Marked: NO
  • Located in: Valle del Cauca, Colombia

We buy Unknown 50 LBS in bulk. Click here to get a free valuation.

BioTek Instruments ELX405 230 VOLTS 50/60 HERTZ | Miscellaneous

  • Machinery Dimensions: 23.62 x 19.69 x 15.75 in
  • Model: ELX405
  • Manufacturer Name: BioTek Instruments
  • Machinery Weight: 55.12 lb
  • Voltage: 230 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: Basel, Basel, Switzerland

We buy BioTek Instruments ELX405 230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Aczet Pvt.Ltd. CY 15001H | Balances

  • Model: CY 15001H
  • Manufacturer Name: Aczet Pvt.Ltd.
  • Located in: North America

We buy Aczet Pvt.Ltd. CY 15001H in bulk. Click here to get a free valuation.

CWM Automation unknown | Depositors

  • Machinery Dimensions: 31.50 x 22.05 x 58.66 in
  • Manufacturer Name: CWM Automation
  • Method of Deposit: PISTON
  • Machinery Weight: 220.46 lb
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy CWM Automation unknown in bulk. Click here to get a free valuation.

Borgo V8-T 208 VOLTS 60 HERTZ | Cappers

  • Machinery Dimensions: 120 x 48 x 108 FT
  • Model: V8-T
  • Manufacturer Name: Borgo
  • Type of Capping: SCREW
  • Type of Capper: ROTARY
  • Capacity Speed: 0
  • Year: 2003
  • Machinery Weight: 5000 LBS
  • Voltage: 208 VOLTS
  • Phase: 1
  • Frequency: 60 HERTZ
  • Located in: North America

We buy Borgo V8-T 208 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Thales Nanotechnology HC 2-SS 553/2011 | Miscellaneous Lab Equipment

  • Model: HC 2-SS
  • Serial Number: 553/2011
  • Manufacturer Name: Thales Nanotechnology
  • Machinery Dimensions: 15.75 x 19.69 x 15.75 in
  • Machinery Weight: 44.09 lb
  • Year: 2011
  • CE Marked: YES
  • Located in: Wales, United Kingdom

We buy Thales Nanotechnology HC 2-SS 553/2011 in bulk. Click here to get a free valuation.