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

Surplus Machinery

Agilent Technologies Cary 660 AV1247009 230 VOLTS 50/60 HERTZ | FT-IR

  • Machinery Weight: 368.17 lb
  • Machinery Dimensions: 82.68 x 27.56 x 26.38 in
  • Serial Number: AV1247009
  • Model: Cary 660
  • Manufacturer Name: Agilent Technologies
  • Voltage: 230 VOLTS
  • CE Marked: YES
  • Year: 2012
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Austria

We buy Agilent Technologies Cary 660 AV1247009 230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Fryma Koruma MZ-130/B 100094 132.28 lb 7000 KG/HR 6 BAR Air cooled STAINLESS STEEL 230/460 VOLTS 50/60 HERTZ 10 AMPS | Colloid Mills

  • Machinery Dimensions: 1032 x 510 x 543 IN
  • Capacity Details: Capacity: 7000 kg/hr.
  • Product Sizing: 100 - 500µm.
  • Capacity Speed: 7000 KG/HR
  • Capacity Size: 132.28 lb
  • Model: MZ-130/B
  • Serial Number: 100094
  • Products Run: Liquid
  • Manufacturer Name: Fryma Koruma
  • Heating Cooling Requirements: Air cooled
  • Current: 10 AMPS
  • Year: 2003
  • Machinery Weight: 300 LBS
  • Air Requirements: 6 BAR
  • Material of Construction: STAINLESS STEEL
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • CE Marked: NO
  • Phase: 3
  • Voltage: 230/460 VOLTS
  • Located in: MA, USA

We buy Fryma Koruma MZ-130/B 100094 132.28 lb 7000 KG/HR 6 BAR Air cooled STAINLESS STEEL 230/460 VOLTS 50/60 HERTZ 10 AMPS in bulk. Click here to get a free valuation.

Alpha Innotech Corp Alphaimager HP 503264 100-240 VOLTS 50/60 HERTZ 3 AMPS | Miscellaneous

  • Machinery Dimensions: 19.69 x 23.62 x 35.43 in
  • Current: 3 AMPS
  • Serial Number: 503264
  • Model: AlphaImager HP
  • Manufacturer Name: Alpha Innotech Corp
  • Machinery Weight: 66.14 lb
  • Voltage: 100-240 VOLTS
  • Year: 2006
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Basel, Basel, Switzerland

We buy Alpha Innotech Corp Alphaimager HP 503264 100-240 VOLTS 50/60 HERTZ 3 AMPS in bulk. Click here to get a free valuation.

TOK OAPM-406BL | Wet Etch

  • Model: OAPM-406BL
  • Manufacturer Name: TOK
  • Machinery Dimensions: 84 x 48 x 72 IN
  • Year: 1991
  • Year: 1992
  • Machinery Weight: 2500 Pounds
  • Machinery Weight: 2500 LBS
  • Recommended Packaging Form: CUSTOM
  • Located in: East Asia/Pacific

We buy TOK OAPM-406BL in bulk. Click here to get a free valuation.

Unknown | Milling Machines

  • Machinery Dimensions: 84.65 x 53.94 x 59.06 in
  • Machinery Weight: 7716.10 lb
  • Located in: Medan, Indonesia

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

Grote SNP412 120 TPM | Slicers

  • Model: SNP412
  • Capacity Speed: 120 TPM
  • Machinery Dimensions: 47.24 x 55.12 x 70.87 in
  • Manufacturer Name: Grote
  • Machinery Weight: 661.38 lb
  • Phase: 1
  • Located in: Europe

We buy Grote SNP412 120 TPM in bulk. Click here to get a free valuation.

Mettler Toledo XP-6U 1123441894 6.1 G 12 VOLTS 2.25 AMPS | Balances

  • Machinery Dimensions: 11.30 x 5.04 x 4.45 in
  • Capacity Size: 6.1 G
  • Model: XP-6U
  • Serial Number: 1123441894
  • Current: 2.25 AMPS
  • Voltage: 12 VOLTS
  • Manufacturer Name: Mettler Toledo
  • Machinery Weight: 13.23 lb
  • CE Marked: YES
  • Located in: PA, USA

We buy Mettler Toledo XP-6U 1123441894 6.1 G 12 VOLTS 2.25 AMPS in bulk. Click here to get a free valuation.

Automation Direct EA7-S6M-R | Miscellaneous

  • Machinery Dimensions: 22 x 9 x 5 IN
  • Model: EA7-S6M-R
  • Manufacturer Name: Automation Direct
  • Machinery Weight: 8 LBS
  • Located in: Forest, VA, USA

We buy Automation Direct EA7-S6M-R in bulk. Click here to get a free valuation.

Mettler Toledo XP205M B138280213 220 G 0.01 MG 220 VOLTS 50/60 HERTZ | Miscellaneous

  • Machinery Dimensions: 47.24 x 19.69 x 17.72 in
  • Degree of Precision: 0.01 MG
  • Model: XP205M
  • Serial Number: B138280213
  • Capacity Size: 220 G
  • Manufacturer Name: Mettler Toledo
  • Machinery Weight: 88.18 lb
  • Year: 2010
  • Voltage: 220 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: Basel, Basel, Switzerland

We buy Mettler Toledo XP205M B138280213 220 G 0.01 MG 220 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Roser Group | Packaging Lines

  • Machinery Dimensions: 78.74 x 66.93 x 90.55 in
  • Manufacturer Name: Roser Group
  • Machinery Weight: 661.38 lb
  • Located in: Spain

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

Kliklok KFWD 230 VOLTS 60 HERTZ | Vertical Cartoners

  • Model: KFWD
  • Manufacturer Name: Kliklok
  • Machinery Weight: 0 LBS
  • Machinery Dimensions: 0 x 0 x 0 IN
  • Voltage: 230 VOLTS
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: North America

We buy Kliklok KFWD 230 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Beckman Coulter Biomek NXp A318390135 115 VOLTS 50/60 HERTZ | Liquid Handlers

  • Machinery Dimensions: 71 x 31 x 32 IN
  • Model: Biomek NXp
  • Serial Number: A318390135
  • Manufacturer Name: Beckman Coulter
  • Machinery Weight: 350 LBS
  • Voltage: 115 VOLTS
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: NC, USA

We buy Beckman Coulter Biomek NXp A318390135 115 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Marchesini BA100 80 PSI REVERSE TUCK 208 VOLTS 60 HERTZ | Horizontal Cartoners

  • Machinery Dimensions: 108 x 60 x 84 IN
  • Model: BA100
  • Manufacturer Name: Marchesini
  • Closure: REVERSE TUCK
  • Line Motion: INTERMITTENT
  • Type of Closure: TUCK
  • Phase: 3+1
  • Air Requirements: 80 PSI
  • Machinery Weight: 4000 LBS
  • Product Loading: MANUAL
  • Product Handling: HORIZONTAL
  • Voltage: 208 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 60 HERTZ
  • Located in: North America

We buy Marchesini BA100 80 PSI REVERSE TUCK 208 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Mondini A/VA-12-A A-12-A 00579 0.0 TPM 400 VOLTS 50 HERTZ | Tray Loaders

  • Machinery Dimensions: 39.37 x 31.50 x 78.74 in
  • Products Run: Trays
  • Capacity Speed: 0.0 TPM
  • Serial Number: A-12-A 00579
  • Model: A/VA-12-A
  • Manufacturer Name: Mondini
  • Machinery Weight: 0.00 lb
  • Voltage: 400 VOLTS
  • Year: 2013
  • Frequency: 50 HERTZ
  • Phase: 3
  • Located in: Spain

We buy Mondini A/VA-12-A A-12-A 00579 0.0 TPM 400 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Dell 50/60 HERTZ | Computer Equipment

  • Machinery Dimensions: 9.84 x 11.81 x 13.78 in
  • Manufacturer Name: Dell
  • Machinery Weight: 33.07 lb
  • Frequency: 50/60 HERTZ
  • Located in: Medan, Indonesia

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

Hobart Corporation H600 | Mixers

  • Model: H600
  • Manufacturer Name: Hobart Corporation
  • Machinery Dimensions: 0.00 x 0.00 x 0.00 in
  • Machinery Weight: 0.00 lb
  • Type of mixer: PLANETARY
  • Located in: Europe

We buy Hobart Corporation H600 in bulk. Click here to get a free valuation.

Invitrogen Power Ease 500 200-240 VOLTS 50/60 HERTZ | Miscellaneous

  • Machinery Dimensions: 13.78 x 11.81 x 7.87 in
  • Model: Power Ease 500
  • Manufacturer Name: Invitrogen
  • Machinery Weight: 15.43 lb
  • Voltage: 200-240 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: Basel, Basel, Switzerland

We buy Invitrogen Power Ease 500 200-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Ideal Packaging 110 VOLTS 50/60 HERTZ 15 AMPS | Bundlers

  • Machinery Dimensions: 60 x 36 x 72 IN
  • Manufacturer Name: Ideal Packaging
  • Voltage: 110 VOLTS
  • Machinery Weight: 1500 LBS
  • Current: 15 AMPS
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: North America

We buy Ideal Packaging 110 VOLTS 50/60 HERTZ 15 AMPS in bulk. Click here to get a free valuation.

Groninger KVK 106 230/400 VOLTS 5 AMPS | Cappers

  • Machinery Dimensions: 133.86 x 57.09 x 100.39 in
  • Products Run: bottles and tubes
  • Capacity Size: Present format – tube volume ml 50 ML
  • Cap Size: Present format –cap height mm 30-35
  • Model: KVK 106
  • Manufacturer Name: Groninger
  • Voltage: 230/400 VOLTS
  • Current: 5 AMPS
  • Type of Capping: SCREW
  • Type of Capper: ROTARY
  • Machinery Weight: 3306.90 lb
  • Year: 2001
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy Groninger KVK 106 230/400 VOLTS 5 AMPS in bulk. Click here to get a free valuation.

Fuji 50/60 HERTZ | Flow Wrappers

  • Machinery Dimensions: 59.06 x 39.37 x 59.06 in
  • Manufacturer Name: Fuji
  • Machinery Weight: 1322.76 lb
  • Frequency: 50/60 HERTZ
  • Located in: Europe

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

Perkin Elmer OPTIMA 7000 DV 080C8110701 50/60 HERTZ 2200 WATTS | ICP

  • Machinery Weight: 1300 LBS
  • Machinery Dimensions: 72 x 32 x 30 IN
  • Current: 2200 WATTS
  • Heating Cooling Requirements: 132
  • Serial Number: 080C8110701
  • Model: OPTIMA 7000 DV
  • Manufacturer Name: Perkin Elmer
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: MA, USA

We buy Perkin Elmer OPTIMA 7000 DV 080C8110701 50/60 HERTZ 2200 WATTS in bulk. Click here to get a free valuation.

Skan HFC-SH1200 310029 230 VOLTS 50 HERTZ | Miscellaneous

  • Machinery Dimensions: 55.12 x 33.46 x 70.87 in
  • Model: HFC-SH1200
  • Serial Number: 310029
  • Manufacturer Name: Skan
  • Machinery Weight: 507.06 lb
  • Year: 2011
  • Voltage: 230 VOLTS
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Located in: Basel, Basel, Switzerland

We buy Skan HFC-SH1200 310029 230 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Rice Lake Weighing Systems 38069 | Miscellaneous

  • Serial Number: 38069
  • Manufacturer Name: Rice Lake Weighing Systems
  • Machinery Dimensions: 12 x 8 x 4 IN
  • Machinery Weight: 4 LBS
  • Recommended Packaging Form: 12C (12X12X12)
  • Located in: Forest, VA, USA

We buy Rice Lake Weighing Systems 38069 in bulk. Click here to get a free valuation.

CAM G60 8 BAR 380 VOLTS 50 HERTZ | Wrappers/Overwrappers/Bundlers

  • Machinery Dimensions: 92.52 x 46.46 x 66.93 in
  • Wrapped Packages/Minute: 60
  • Packages/Minutes: 60
  • Model: G60
  • Manufacturer Name: CAM
  • Air Requirements: 8 BAR
  • Machinery Weight: 2865.98 lb
  • Year: 1999
  • Voltage: 380 VOLTS
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: Europe

We buy CAM G60 8 BAR 380 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Pebock AIO 117.1 NB 09311959117 80 BPH STEAM HEATED 6 BAR 400 VOLTS 50 HERTZ 57.57 KW | Tunnel Washer

  • Machinery Dimensions: 751.97 x 59.06 x 74.80 in
  • Current: 57.57 KW
  • Product Sizing: Bin: 400 x 290 x 350 mm, Lid: 380 x 290 x 20mm
  • Products Run: Plastic boxes with separate lids
  • Model: AIO 117.1 NB
  • Serial Number: 09311959117
  • Manufacturer Name: Pebock
  • Capacity Speed: 80 BPH
  • Heating or Cooling Source: STEAM HEATED
  • Voltage: 400 VOLTS
  • Air Requirements: 6 BAR
  • Machinery Weight: 4409.20 lb
  • Year: 2009
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: Poland

We buy Pebock AIO 117.1 NB 09311959117 80 BPH STEAM HEATED 6 BAR 400 VOLTS 50 HERTZ 57.57 KW in bulk. Click here to get a free valuation.

Astrapack Engineering Ltd 24236. 50 HERTZ | Heat Sealers

  • Machinery Dimensions: 13.78 x 9.84 x 7.87 in
  • Volts: 230
  • Serial Number: 24236.
  • Manufacturer Name: Astrapack Engineering Ltd
  • Machinery Weight: 11.02 lb
  • Recommended Packaging Form: 19C (22X15X13)
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 1
  • Located in: Wales, United Kingdom

We buy Astrapack Engineering Ltd 24236. 50 HERTZ in bulk. Click here to get a free valuation.

Domnick Hunter Ltd DRD500 3488690002 460 VOLTS 60 HERTZ | Miscellaneous

  • Machinery Dimensions: 28 x 41 x 43 IN
  • Model: DRD500
  • Serial Number: 3488690002
  • Manufacturer Name: Domnick Hunter Ltd
  • Machinery Weight: 400 LBS
  • Voltage: 460 VOLTS
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Mexico, MO, USA

We buy Domnick Hunter Ltd DRD500 3488690002 460 VOLTS 60 HERTZ 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.

Precision Stainless 6215-16 396.39 gal STAINLESS STEEL 50 PSI 50 PSI 47 IN 84 IN 47 IN | Tanks

  • Machinery Dimensions: 84 x 49 x 64 IN
  • Straight Side: 47 IN
  • Jacket Temperature Rating: -20 DEG F
  • Jacket Pressure Rating: 50 PSI
  • Internal Pressure Rating: 50 PSI
  • Country Cert. (Example National Board, CDN, CE Marked): 4845
  • Serial Number: 6215-16
  • Manufacturer Name: Precision Stainless
  • Inside Diameter: 47 IN
  • Capacity of Tank: 396.39 gal
  • Type of Top Head: DISHED
  • Overall Height: 84 IN
  • Internal Temperature Rating: 302 DEG F
  • Grade of Stainless Steel: 316L
  • Type of Bottom Head: DISHED
  • Vertical or Horizontal: VERTICAL
  • Jacketed: YES
  • Tank Material of Construction: STAINLESS STEEL
  • Machinery Weight: 2500 LBS
  • Year: 1993
  • Recommended Packaging Form: CUSTOM
  • Agitation: NO
  • CE Marked: NO
  • Located in: MA, USA

We buy Precision Stainless 6215-16 396.39 gal STAINLESS STEEL 50 PSI 50 PSI 47 IN 84 IN 47 IN in bulk. Click here to get a free valuation.

General Electric Company QL 1M0002CMH | Transformers

  • Type of Transformer: DRY
  • KVA: 30
  • Model: QL
  • Serial Number: 1M0002CMH
  • Manufacturer Name: General Electric Company
  • Machinery Weight: 1 LBS
  • Machinery Dimensions: 1 x 1 x 1 IN
  • Recommended Packaging Form: CUSTOM
  • Located in: Honduras

We buy General Electric Company QL 1M0002CMH in bulk. Click here to get a free valuation.

Hewlett Packard DesignJet T520 CN31E2M01X 100-240 VOLTS 50/60 HERTZ 35 WATTS | Printers

  • Machinery Dimensions: 23 x 51 x 38 IN
  • Model: DesignJet T520
  • Serial Number: CN31E2M01X
  • Current: 35 WATTS
  • Manufacturer Name: Hewlett Packard
  • Machinery Weight: 90 LBS
  • Voltage: 100-240 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: MA, USA

We buy Hewlett Packard DesignJet T520 CN31E2M01X 100-240 VOLTS 50/60 HERTZ 35 WATTS in bulk. Click here to get a free valuation.

Qiagen Tissuelyser II 120 VOLTS 50/60 HERTZ | Tissue Processors

  • Machinery Dimensions: 20 x 20 x 15 IN
  • Model: Tissuelyser II
  • Manufacturer Name: Qiagen
  • Machinery Weight: 100 LBS
  • Year: 2009
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Voltage: 120 VOLTS
  • Located in: North America

We buy Qiagen Tissuelyser II 120 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Tektronix Inc. TDS 3054 B020111 | Miscellaneous

  • Machinery Dimensions: 15 x 7 x 9 IN
  • Model: TDS 3054
  • Serial Number: B020111
  • Manufacturer Name: Tektronix Inc.
  • Machinery Weight: 7 LBS
  • Recommended Packaging Form: 19C (22X15X13)
  • CE Marked: YES
  • Located in: San Jose, CA, USA

We buy Tektronix Inc. TDS 3054 B020111 in bulk. Click here to get a free valuation.

Treif | Cutters

  • Machinery Dimensions: 76 x 32 x 52 IN
  • Manufacturer Name: Treif
  • Machinery Weight: 450 LBS
  • Year: 1998
  • Located in: Europe

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

Orion 350 | pH Meters

  • Machinery Dimensions: 14 x 10 x 4 IN
  • Model: 350
  • Manufacturer Name: Orion
  • Machinery Weight: 5 LBS
  • Recommended Packaging Form: CUSTOM
  • Located in: PR, USA

We buy Orion 350 in bulk. Click here to get a free valuation.

Nabertherm GmbH L9/12/B170 190849 | Miscellaneous

  • Machinery Weight: 77.16 lb
  • Machinery Dimensions: 19.69 x 27.56 x 23.62 in
  • Serial Number: 190849
  • Model: L9/12/B170
  • Manufacturer Name: Nabertherm GmbH
  • Year: 2006
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Located in: Basel, Basel, Switzerland

We buy Nabertherm GmbH L9/12/B170 190849 in bulk. Click here to get a free valuation.

Agilent Technologies 5975C MSD / 7693 ALS / 7890A GC SINGLE QUAD 120 VOLTS | Mass Spectrometers

  • Machinery Weight: 250 LBS
  • Machinery Dimensions: 48 x 48 x 48 IN
  • Model: 5975C MSD / 7693 ALS / 7890A GC
  • Type of Mass Spec: SINGLE QUAD
  • Manufacturer Name: Agilent Technologies
  • Year: 2014
  • Voltage: 120 VOLTS
  • Recommended Packaging Form: PALLET
  • Located in: North America

We buy Agilent Technologies 5975C MSD / 7693 ALS / 7890A GC SINGLE QUAD 120 VOLTS in bulk. Click here to get a free valuation.

CEM Corporation MAS 7000 AR4080 230 VOLTS 50 HERTZ | Furnaces

  • Machinery Dimensions: 54.33 x 17.72 x 25.20 in
  • Serial Number: AR4080
  • Model: MAS 7000
  • Manufacturer Name: CEM Corporation
  • Machinery Weight: 92.59 lb
  • Voltage: 230 VOLTS
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 1
  • Located in: Germany

We buy CEM Corporation MAS 7000 AR4080 230 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

BFB IMA 3728 BA 6 BAR 380 VOLTS 50 HERTZ | Case Packers

  • Machinery Dimensions: 251.97 x 68.31 x 70.87 in
  • Products Run: Case format max: 500 X 350 X 350mm.
  • Product Sizing: Case format min: 215 X 120 X 95mm.
  • Model: 3728 BA
  • Type of Packer: PICK & PLACE
  • Case Sealing: HOT MELT GLUE
  • Manufacturer Name: BFB IMA
  • Machinery Weight: 3306.90 lb
  • Year: 1999
  • Voltage: 380 VOLTS
  • Air Requirements: 6 BAR
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: Europe

We buy BFB IMA 3728 BA 6 BAR 380 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Metrohm 1895001005104 50/60 HERTZ | Titrators

  • Machinery Dimensions: 15.47 x 15.08 x 10.91 in
  • Voltage: 100-240 V VOLTS
  • Model: 1895001005104
  • Manufacturer Name: Metrohm
  • Machinery Weight: 55.12 lb
  • Frequency: 50/60 HERTZ
  • Located in: EMEA, Belgium

We buy Metrohm 1895001005104 50/60 HERTZ in bulk. Click here to get a free valuation.