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

Surplus Machinery

BFB MS500 | Overwrappers

  • Machinery Weight: 1796.75 lb
  • Machinery Dimensions: 42.80 x 85.24 x 125.39 in
  • Model: MS500
  • Manufacturer Name: BFB
  • Year: 1999
  • Located in: Europe

We buy BFB MS500 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.

Koch KBS-PL 6 BAR 400 VOLTS 50 HERTZ 30 AMPS | Blister Sealers

  • Machinery Dimensions: 421.26 x 78.74 x 70.87 in
  • Model: KBS-PL
  • Manufacturer Name: Koch
  • Machinery Weight: 3968.28 lb
  • Current: 30 AMPS
  • Year: 2016
  • Voltage: 400 VOLTS
  • Air Requirements: 6 BAR
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 3
  • Located in: Europe

We buy Koch KBS-PL 6 BAR 400 VOLTS 50 HERTZ 30 AMPS in bulk. Click here to get a free valuation.

RGIngenierie RIVAX800-120b 40.55 in 47.24 in 29.53 in Siemens 840D 400 VOLTS 50 HERTZ 200 AMPS | Machining Centers

  • Model: RIVAX800-120b
  • Machinery Weight: 83774.80 lb
  • Machinery Dimensions: 296.06 x 327.01 x 169.76 in
  • Maximum Chuck Size: in
  • Maximum Bar Size: in
  • Rapids: IN/MIN
  • Feed Rate: IN/MIN
  • Maximum Speed: RPM
  • Table Width: in
  • Table Length: in
  • Control Model: Siemens 840D
  • Travel Z-Axis: 29.53 in
  • Travel Y-Axis: 47.24 in
  • Travel X-Axis: 40.55 in
  • Manufacturer Name: RGIngenierie
  • Current: 200 AMPS
  • Voltage: 400 VOLTS
  • Type of Control: CNC
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Year: 2012
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: QuerĂ©taro, Mexico

We buy RGIngenierie RIVAX800-120b 40.55 in 47.24 in 29.53 in Siemens 840D 400 VOLTS 50 HERTZ 200 AMPS in bulk. Click here to get a free valuation.

Agilent Technologies 6120 SINGLE QUAD | Mass Spectrometers

  • Machinery Weight: 450 LBS
  • Machinery Dimensions: 42 x 48 x 40 IN
  • Type of Mass Spec: SINGLE QUAD
  • Model: 6120
  • Manufacturer Name: Agilent Technologies
  • Located in: North America

We buy Agilent Technologies 6120 SINGLE QUAD in bulk. Click here to get a free valuation.

Mettler Toledo Seven Multi 1232285070 100-240 VOLTS 50/60 HERTZ | Miscellaneous

  • Machinery Dimensions: 11.81 x 7.87 x 3.15 in
  • Serial Number: 1232285070
  • Model: Seven Multi
  • Manufacturer Name: Mettler Toledo
  • Voltage: 100-240 VOLTS
  • Machinery Weight: 2.20 lb
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: Basel, Basel, Switzerland

We buy Mettler Toledo Seven Multi 1232285070 100-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Hewlett Packard 5890 Series II | Gas Chromatographs (GC)

  • Model: 5890 Series II
  • Manufacturer Name: Hewlett Packard
  • Located in: North America

We buy Hewlett Packard 5890 Series II in bulk. Click here to get a free valuation.

Cole Parmer Legato 270 700360 100/240 VOLTS 50/60 HERTZ | Inline Pumps

  • Machinery Dimensions: 19.69 x 11.81 x 15.75 in
  • Model: Legato 270
  • Serial Number: 700360
  • Manufacturer Name: Cole Parmer
  • Machinery Weight: 26.46 lb
  • Voltage: 100/240 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Located in: Antwerpen, Belgium

We buy Cole Parmer Legato 270 700360 100/240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Line 2 Line 2 xxx 20 KW 400 VOLTS 50 HERTZ | Packaging Lines

  • Machinery Weight: 11243.46 lb
  • Machinery Dimensions: 68.10 x 25.08 x 7.38 ft
  • Model: Line 2 xxx
  • Year: 1992-1999
  • Manufacturer Name: Line 2
  • Capacity Size: 20 KW
  • Phase: 3+1
  • Voltage: 400 VOLTS
  • Frequency: 50 HERTZ
  • Recommended Packaging Form: PALLET
  • Located in: Europe

We buy Line 2 Line 2 xxx 20 KW 400 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

MISONIX, INC FE-PCR-010 PC07420309 220 VOLTS 50/60 HERTZ 3 AMPS | PCR and Thermal Cyclers

  • Machinery Dimensions: 32 x 26 x 37 IN
  • Model: FE-PCR-010
  • Serial Number: PC07420309
  • Manufacturer Name: MISONIX, INC
  • Current: 3 AMPS
  • Phase: 3+1
  • Machinery Weight: 110.23 lb
  • Year: 2011
  • Voltage: 220 VOLTS
  • Frequency: 50/60 HERTZ
  • Located in: Maharashtra, India

We buy MISONIX, INC FE-PCR-010 PC07420309 220 VOLTS 50/60 HERTZ 3 AMPS in bulk. Click here to get a free valuation.

Mecoima 380 VOLTS 50 HERTZ 2.57 KW | Tunnel Washer

  • Machinery Dimensions: 47.24 x 29.53 x 35.43 in
  • Current: 2.57 KW
  • Products Run: Blades
  • Manufacturer Name: Mecoima
  • Machinery Weight: 881.84 lb
  • Voltage: 380 VOLTS
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 3
  • Located in: Spain

We buy Mecoima 380 VOLTS 50 HERTZ 2.57 KW in bulk. Click here to get a free valuation.

Ryson MHBR 055-020-030-010 220 VOLTS 60 HERTZ CARBON STEEL 15 IN SPIRAL CONVEYOR Spiral Slats | Conveyors

  • Model: MHBR 055-020-030-010
  • Machinery Dimensions: 83 x 72 x 176 IN
  • Type of Conveyor Belt: Spiral Slats
  • Manufacturer Name: Ryson
  • Belt Size: 15 IN
  • Type of Feet: ADJUSTABLE
  • Drive Horsepower: 2
  • Type of Conveyors: SPIRAL CONVEYOR
  • Portable: NO
  • Guide Rails: YES
  • Year: 2010
  • Machinery Weight: 1500 LBS
  • Voltage: 220 VOLTS
  • Material of Construction: CARBON STEEL
  • CE Marked: NO
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: ON, Canada

We buy Ryson MHBR 055-020-030-010 220 VOLTS 60 HERTZ CARBON STEEL 15 IN SPIRAL CONVEYOR Spiral Slats in bulk. Click here to get a free valuation.

Waters Acquity | Mass Spectrometers

  • Model: Acquity
  • Manufacturer Name: Waters
  • Located in: North America

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

Mettler Toledo XS105 1167572951 120 G 0.10 MG 12 VOLTS | Miscellaneous

  • Machinery Dimensions: 18 x 18 x 13 IN
  • Voltage: 12 VOLTS
  • Degree of Precision: 0.10 MG
  • Capacity Size: 120 G
  • Model: XS105
  • Serial Number: 1167572951
  • Manufacturer Name: Mettler Toledo
  • Machinery Weight: 25 Pounds
  • CE Marked: YES
  • Located in: Mexico, MO, USA

We buy Mettler Toledo XS105 1167572951 120 G 0.10 MG 12 VOLTS in bulk. Click here to get a free valuation.

Fowler | Metrology Inspection Equipment

  • Machinery Dimensions: 22 x 7 x 7 IN
  • Manufacturer Name: Fowler
  • Machinery Weight: 10 LBS
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: MA, USA

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

Perkin Elmer 941A | Gas Chromatographs (GC)

  • Model: 941A
  • Manufacturer Name: Perkin Elmer
  • Located in: North America

We buy Perkin Elmer 941A in bulk. Click here to get a free valuation.

Toyo Machinery TM280 2746 kN 380/460 VOLTS 50 HERTZ | Injection Molders

  • Machinery Weight: 2008 Pounds
  • Machinery Dimensions: 21.33 x 5.91 x 6.23 ft
  • Voltage: 380/460 VOLTS
  • Capacity Details: 2746 kN
  • Model: TM280
  • Manufacturer Name: Toyo Machinery
  • Year: 2000
  • Frequency: 50 HERTZ
  • Recommended Packaging Form: CUSTOM
  • CE Marked: NO
  • Phase: 3
  • Located in: East Asia/Pacific

We buy Toyo Machinery TM280 2746 kN 380/460 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Siad Macchine Impianti TEMPO 1250 K11107/10A, 2200071377 40 BAR 40 BAR 220 KW Compressed Air 440 VOLTS 50/60 HERTZ 392 AMPS | Air Compressors

  • Machinery Dimensions: 409.45 x 92.52 x 90.55 in
  • Current: 392 AMPS
  • Horsepower: 220 KW
  • Pressure Rating (Pressure): 40 BAR
  • Capacity Details: According with same Manufacturer and similar model Compressor
  • Products Run: For PET bottle blowing
  • Capacity Speed: 40 BAR
  • Model: TEMPO 1250
  • Capacity Size: 375 CU M/HR
  • Serial Number: K11107/10A, 2200071377
  • Manufacturer Name: Siad Macchine Impianti
  • Produce Being Compressed: Compressed Air
  • Voltage: 440 VOLTS
  • Machinery Weight: 17636.80 lb
  • Year: 2006
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 3
  • Located in: Tehuacan, Puebla, Mexico

We buy Siad Macchine Impianti TEMPO 1250 K11107/10A, 2200071377 40 BAR 40 BAR 220 KW Compressed Air 440 VOLTS 50/60 HERTZ 392 AMPS in bulk. Click here to get a free valuation.

ICOS Impianti ELECTRICALLY HEATED 380 VOLTS 50/60 HERTZ | Drying Ovens

  • Machinery Weight: 4861.14 lb
  • Machinery Dimensions: 2.80 x 2.36 x 2.36 in
  • Temperature Range: 120 DEG C
  • Manufacturer Name: ICOS Impianti
  • Heating or Cooling Source: ELECTRICALLY HEATED
  • Voltage: 380 VOLTS
  • Frequency: 50/60 HERTZ
  • Located in: Europe

We buy ICOS Impianti ELECTRICALLY HEATED 380 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Parker Plastic Machinery Co Ltd PK - 30 IB (2007) | Blow Molders

  • Machinery Dimensions: 6.56 x 9.84 x 7.22 ft
  • Model: PK - 30 IB (2007)
  • Manufacturer Name: Parker Plastic Machinery Co Ltd
  • Machinery Weight: 11023.00 lb
  • Year: 2007
  • Located in: Africa

We buy Parker Plastic Machinery Co Ltd PK - 30 IB (2007) in bulk. Click here to get a free valuation.

Atlas Suntest CPS+ 200011008 230 VOLTS 50/60 HERTZ | Electronic Testing and Measurement Equipment

  • Machinery Dimensions: 14.96 x 30.71 x 13.78 in
  • Serial Number: 200011008
  • Model: Suntest CPS+
  • Manufacturer Name: Atlas
  • Machinery Weight: 33.07 lb
  • Year: 2001
  • Voltage: 230 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Austria

We buy Atlas Suntest CPS+ 200011008 230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

TPS - Thermal Product Solutions Lunaire CEO-932-4-C-F4T Steady State Food & Drug Stabity Test Chamber Serial 136720-02 136720-02 | Incubators

  • Machinery Weight: 1100 LBS
  • Machinery Dimensions: 32 x 39 x 91 IN
  • Temperature Range: 0-99 DEG C
  • Model: Lunaire CEO-932-4-C-F4T Steady State Food & Drug Stabity Test Chamber Serial 136720-02
  • Serial Number: 136720-02
  • Manufacturer Name: TPS - Thermal Product Solutions
  • Humidity Control: YES
  • Year: 2018
  • Located in: PA, USA

We buy TPS - Thermal Product Solutions Lunaire CEO-932-4-C-F4T Steady State Food & Drug Stabity Test Chamber Serial 136720-02 136720-02 in bulk. Click here to get a free valuation.

Diosna Dierks Sohne GmbH P800 294-014 55 KW 400 VOLTS 50 HERTZ 130 AMPS | Mixers

  • Model: P800
  • Type of mixer: INTENSIVE
  • Serial Number: 294-014
  • Motor HP: 55 KW
  • Manufacturer Name: Diosna Dierks Sohne GmbH
  • Current: 130 AMPS
  • Machinery Weight: 1 LBS
  • Voltage: 400 VOLTS
  • Machinery Dimensions: 1 x 1 x 1 IN
  • Frequency: 50 HERTZ
  • Year: 2012
  • Phase: 3
  • Located in: Israel

We buy Diosna Dierks Sohne GmbH P800 294-014 55 KW 400 VOLTS 50 HERTZ 130 AMPS in bulk. Click here to get a free valuation.

Globe Pharma Mini Press - 1 220 VOLTS 60 HERTZ | Tablet Presses

  • Machinery Weight: 2200 Pounds
  • Machinery Dimensions: 3 x 3 x 5 FT
  • No. of Stations: 10
  • Model: Mini Press - 1
  • Manufacturer Name: Globe Pharma
  • Keyed upper punch bores: YES
  • Voltage: 220 VOLTS
  • Phase: 1
  • Frequency: 60 HERTZ
  • Recommended Packaging Form: PALLET
  • Located in: ON, Canada

We buy Globe Pharma Mini Press - 1 220 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Liconic STX40 1204/HR 115-240 VOLTS 50/60 HERTZ | Miscellaneous

  • Machinery Dimensions: 23.62 x 19.29 x 46.46 in
  • Model: STX40
  • Serial Number: 1204/HR
  • Manufacturer Name: Liconic
  • Voltage: 115-240 VOLTS
  • Machinery Weight: 165.35 lb
  • Year: 2003
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Recommended Packaging Form: PALLET
  • Located in: Basel, Basel, Switzerland

We buy Liconic STX40 1204/HR 115-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Bray 92-1600-11300-532 BALL VALVES THREE WAY 4 IN 4 IN STAINLESS STEEL | Valves

  • Machinery Weight: 425 LBS
  • Machinery Dimensions: 24 x 36 x 24 IN
  • Class: 150
  • Actuator Air Requirements: PSI
  • Type of Valve Control: ACTUATED
  • Valve Material of Construction: STAINLESS STEEL
  • Type of Valve Connection: FLANGED
  • Outlet Size: 4 IN
  • Inlet Size: 4 IN
  • Valve Flow: THREE WAY
  • Valve Type: BALL VALVES
  • Model: 92-1600-11300-532
  • Manufacturer Name: Bray
  • Grade of Stainless Steel: 316
  • Year: 2010
  • Recommended Packaging Form: PALLET
  • Located in: North America

We buy Bray 92-1600-11300-532 BALL VALVES THREE WAY 4 IN 4 IN STAINLESS STEEL in bulk. Click here to get a free valuation.

Romaco Promatic P100 100X60X150 MM 380 VOLTS 50 HERTZ 100 U/MIN | Carton Formers

  • Speed: 100 U/MIN
  • Carton Size or Range: 100X60X150 MM
  • Model: P100
  • Manufacturer Name: Romaco Promatic
  • Machinery Dimensions: 78.74 x 39.37 x 78.74 in
  • Machinery Weight: 3968.28 lb
  • Voltage: 380 VOLTS
  • Year: 2001
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: Europe

We buy Romaco Promatic P100 100X60X150 MM 380 VOLTS 50 HERTZ 100 U/MIN in bulk. Click here to get a free valuation.

TMG Automated Packaging FormPaQ 2 Speed 6/7 BAR 400 VOLTS 50/60 HERTZ 5.2 AMPS | Case Erectors

  • Machinery Dimensions: 82.68 x 82.68 x 86.42 in
  • Current: 5.2 AMPS
  • Type of Forming: BOTTOM
  • Bottom Sealing: TAPE
  • Air Requirements: 6/7 BAR
  • Model: FormPaQ 2 Speed
  • Manufacturer Name: TMG Automated Packaging
  • Year: 2018
  • Voltage: 400 VOLTS
  • Machinery Weight: 5511.50 lb
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 3
  • Located in: Egypt

We buy TMG Automated Packaging FormPaQ 2 Speed 6/7 BAR 400 VOLTS 50/60 HERTZ 5.2 AMPS in bulk. Click here to get a free valuation.

Soco Systems T-10 73-97. 415 VOLTS 50 HERTZ | Tapers

  • Machinery Dimensions: 35.43 x 116.14 x 66.93 in
  • Serial Number: 73-97.
  • Model: T-10
  • Manufacturer Name: Soco Systems
  • Voltage: 415 VOLTS
  • Machinery Weight: 661.38 lb
  • Year: 1996
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: Wales, United Kingdom

We buy Soco Systems T-10 73-97. 415 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Steris GT2 unknown IN unknown IN 230 VOLTS 50 HERTZ | Freeze Dryers

  • Distance Between Shelves: unknown IN
  • Usable Shelf Area: unknown SQ FT
  • Size of Shelves - length x width: unknown IN
  • Model: GT2
  • Manufacturer Name: Steris
  • Machinery Dimensions: 78.74 x 59.06 x 43.31 in
  • Stoppering Capable: NO
  • Machinery Weight: 330.69 lb
  • Year: 2001
  • Voltage: 230 VOLTS
  • Frequency: 50 HERTZ
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy Steris GT2 unknown IN unknown IN 230 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Carmatic 380 VOLTS 50 HERTZ | Inserting/Outserting Machines

  • Machinery Weight: 2205 LBS
  • Machinery Dimensions: 138 x 56 x 87 IN
  • Manufacturer Name: Carmatic
  • Voltage: 380 VOLTS
  • Frequency: 50 HERTZ
  • Year: 1998
  • Located in: Europe

We buy Carmatic 380 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Mettler Toledo ALLEXis | Sample Preparation

  • Model: ALLEXis
  • Manufacturer Name: Mettler Toledo
  • Located in: North America

We buy Mettler Toledo ALLEXis in bulk. Click here to get a free valuation.

Dynamic 330 220 VOLTS 50 HERTZ | Laminators

  • Machinery Dimensions: 11.81 x 5.91 x 3.94 in
  • Manufacturer Name: Dynamic
  • Model: 330
  • Machinery Weight: 11.02 lb
  • Frequency: 50 HERTZ
  • Voltage: 220 VOLTS
  • Located in: Medan, Indonesia

We buy Dynamic 330 220 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Termopan Prima 5033 380 VOLTS 50 HERTZ | Food Lines

  • Model: Prima
  • Serial Number: 5033
  • Manufacturer Name: Termopan
  • Machinery Dimensions: 0.00 x 0.00 x 0.00 in
  • Machinery Weight: 0.00 lb
  • Voltage: 380 VOLTS
  • Year: 2005
  • Frequency: 50 HERTZ
  • Phase: 3
  • Located in: Spain

We buy Termopan Prima 5033 380 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Harrison Machine Co 25 GALS 0.0 IN 0.0 IN 0.0 IN | Miscellaneous

  • Machinery Dimensions: 28 x 28 x 30 IN
  • Capacity of Tank: 25 GALS
  • Manufacturer Name: Harrison Machine Co
  • Straight Side: 0.0 IN
  • Overall Height: 0.0 IN
  • Inside Diameter: 0.0 IN
  • Tank Material of Construction: PLASTIC
  • Machinery Weight: 50 LBS
  • Agitation: NO
  • Jacketed: NO
  • Located in: Forest, VA, USA

We buy Harrison Machine Co 25 GALS 0.0 IN 0.0 IN 0.0 IN in bulk. Click here to get a free valuation.

Fette Gratex 901260 220 VOLTS 50/60 HERTZ | Tablet Dedusters

  • Machinery Dimensions: 13.78 x 27.56 x 37.40 in
  • Model: Gratex
  • Serial Number: 901260
  • Manufacturer Name: Fette
  • Year: 1991
  • Machinery Weight: 165.35 lb
  • Voltage: 220 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • CE Marked: NO
  • Phase: 1
  • Located in: Sterling Building, Mexico

We buy Fette Gratex 901260 220 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Fisher Scientific accuSpin 1R | Laboratory Centrifuges

  • Model: accuSpin 1R
  • Manufacturer Name: Fisher Scientific
  • Located in: North America

We buy Fisher Scientific accuSpin 1R in bulk. Click here to get a free valuation.

Hapa 50/60 HERTZ | Labelers

  • Manufacturer Name: Hapa
  • Machinery Dimensions: 39.37 x 19.69 x 39.37 in
  • Machinery Weight: 661.38 lb
  • Frequency: 50/60 HERTZ
  • Located in: Europe

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

NFM L120 26.43 gal 18.5 KW | Blenders

  • Machinery Dimensions: 39.37 x 27.56 x 53.15 in
  • Model: L120
  • Manufacturer Name: NFM
  • Current: 18.5 KW
  • Type of Blender: ROTARY
  • Capacity Size: 26.43 gal
  • Machinery Weight: 330.69 lb
  • CE Marked: YES
  • Located in: Europe

We buy NFM L120 26.43 gal 18.5 KW in bulk. Click here to get a free valuation.

Olympus STM 110 VOLTS | Microscopes

  • Model: STM
  • Manufacturer Name: Olympus
  • Machinery Dimensions: 24 x 24 x 24 IN
  • Machinery Weight: 85 LBS
  • Voltage: 110 VOLTS
  • Phase: 1
  • Located in: North America

We buy Olympus STM 110 VOLTS in bulk. Click here to get a free valuation.