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

Surplus Machinery

Agilent Technologies E5515C MY48360554, GB47200823, GB44350180, MY48360537 | Miscellaneous

  • Machinery Weight: 277 LBS
  • Machinery Dimensions: 100 x 18 x 10 IN
  • Serial Number: MY48360554, GB47200823, GB44350180, MY48360537
  • Model: E5515C
  • Manufacturer Name: Agilent Technologies
  • Recommended Packaging Form: 24C (28X24X22)
  • Located in: San Jose, CA, USA

We buy Agilent Technologies E5515C MY48360554, GB47200823, GB44350180, MY48360537 in bulk. Click here to get a free valuation.

Starview FASP8-1618 3000 16 CPM 480 VOLTS 60 HERTZ 25 AMPS | Blister Sealers

  • Machinery Weight: 8800 LBS
  • Machinery Dimensions: 194 x 114 x 91 IN
  • Motor HP: 2
  • Products Run: 8
  • Capacity Speed: 16 CPM
  • Model: FASP8-1618
  • Serial Number: 3000
  • Manufacturer Name: Starview
  • Current: 25 AMPS
  • Year: 2017
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Voltage: 480 VOLTS
  • Frequency: 60 HERTZ
  • Located in: MA, USA

We buy Starview FASP8-1618 3000 16 CPM 480 VOLTS 60 HERTZ 25 AMPS in bulk. Click here to get a free valuation.

Vibrac 1502-30KLCR 07-0055 60 PSI 120 VOLTS 1.5 AMPS | Measuring Equipment

  • Serial Number: 07-0055
  • Machinery Dimensions: 35.43 x 25.59 x 70.87 in
  • Model: 1502-30KLCR
  • Manufacturer Name: Vibrac
  • Current: 1.5 AMPS
  • Air Requirements: 60 PSI
  • Machinery Weight: 220.46 lb
  • Recommended Packaging Form: CUSTOM
  • Voltage: 120 VOLTS
  • Located in: Mexico DF, Mexico

We buy Vibrac 1502-30KLCR 07-0055 60 PSI 120 VOLTS 1.5 AMPS in bulk. Click here to get a free valuation.

Powrex FM-VG-10 02VG571 1.59 gal STAINLESS STEEL | Granulators

  • Machinery Dimensions: 26 x 48 x 52 IN
  • Serial Number: 02VG571
  • Model: FM-VG-10
  • Manufacturer Name: Powrex
  • Capacity Size: 1.59 gal
  • Machinery Weight: 350 LBS
  • Material of Construction: STAINLESS STEEL
  • Year: 2002
  • CE Marked: NO
  • Recommended Packaging Form: PALLET
  • Located in: MA, USA

We buy Powrex FM-VG-10 02VG571 1.59 gal STAINLESS STEEL in bulk. Click here to get a free valuation.

Thermo Scientific Dionex RF 2000 | Ion Chromatography

  • Model: RF 2000
  • Manufacturer Name: Thermo Scientific Dionex
  • Located in: North America

We buy Thermo Scientific Dionex RF 2000 in bulk. Click here to get a free valuation.

Graham Machinery Group A27000 10325HT1. 400 VOLTS 50 HERTZ 26 AMPS | Sleevers

  • Machinery Dimensions: 173.23 x 47.24 x 72.83 in
  • Current: 26 AMPS
  • Serial Number: 10325HT1.
  • Model: A27000
  • Manufacturer Name: Graham Machinery Group
  • Phase: 3+1
  • Voltage: 400 VOLTS
  • Machinery Weight: 1102.30 lb
  • Year: 2001
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Located in: Wales, United Kingdom

We buy Graham Machinery Group A27000 10325HT1. 400 VOLTS 50 HERTZ 26 AMPS in bulk. Click here to get a free valuation.

Nanostring Technologies nCounter Digital Analyzer 5S 1108C0008 240 VOLTS 50/60 HERTZ PARTICLE SIZE | Miscellaneous

  • Machinery Dimensions: 27.56 x 23.62 x 19.69 in
  • Type: PARTICLE SIZE
  • Model: nCounter Digital Analyzer 5S
  • Serial Number: 1108C0008
  • Manufacturer Name: Nanostring Technologies
  • Voltage: 240 VOLTS
  • Machinery Weight: 132.28 lb
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: Basel, Basel, Switzerland

We buy Nanostring Technologies nCounter Digital Analyzer 5S 1108C0008 240 VOLTS 50/60 HERTZ PARTICLE SIZE in bulk. Click here to get a free valuation.

CMV 420 D | Trucks

  • Machinery Dimensions: 16.40 x 4.92 x 8.69 ft
  • Engine: Deutz 2011 aircooled diesel
  • Fuel Type: DIESEL
  • VIN#: 1314
  • Model: 420 D
  • Manufacturer Name: CMV
  • Machinery Weight: 9259.32 lb
  • Year: 2000
  • Located in: Middle East

We buy CMV 420 D in bulk. Click here to get a free valuation.

Busch NP0250.ALL6.000B U074908365 | Miscellaneous

  • Serial Number: U074908365
  • Machinery Dimensions: 70 x 60 x 94 IN
  • Model: NP0250.ALL6.000B
  • Manufacturer Name: Busch
  • Machinery Weight: 1500 LBS
  • Located in: Skull Valley, UT, USA

We buy Busch NP0250.ALL6.000B U074908365 in bulk. Click here to get a free valuation.

Globe Food Equipment Co SP30 115 VOLTS 60 HERTZ 16 AMPS | Miscellaneous

  • Machinery Weight: 565 Pounds
  • Machinery Dimensions: 24 x 23 x 51 IN
  • Model: SP30
  • Manufacturer Name: Globe Food Equipment Co
  • Current: 16 AMPS
  • Voltage: 115 VOLTS
  • Phase: 1
  • Recommended Packaging Form: CUSTOM PALLET
  • Frequency: 60 HERTZ
  • Located in: San Jose, CA, USA

We buy Globe Food Equipment Co SP30 115 VOLTS 60 HERTZ 16 AMPS in bulk. Click here to get a free valuation.

Quimis Q406 COR 9 VOLTS | Spectrophotometers

  • Machinery Dimensions: 7.87 x 295.28 x 164.04 in
  • Model: Q406 COR
  • Manufacturer Name: Quimis
  • Voltage: 9 VOLTS
  • Machinery Weight: 0.00 lb
  • Year: 2013
  • Located in: Brazil

We buy Quimis Q406 COR 9 VOLTS in bulk. Click here to get a free valuation.

Ultravac 2100 2178 | Vacuum Sealers

  • Serial Number: 2178
  • Model: 2100
  • Manufacturer Name: Ultravac
  • Machinery Dimensions: 48 x 60 x 48 IN
  • Machinery Weight: 1000 LBS
  • Year: 2006
  • Located in: Nicaragua

We buy Ultravac 2100 2178 in bulk. Click here to get a free valuation.

Aczet Pvt.Ltd. MB 120 | Balances

  • Model: MB 120
  • Manufacturer Name: Aczet Pvt.Ltd.
  • Located in: North America

We buy Aczet Pvt.Ltd. MB 120 in bulk. Click here to get a free valuation.

Neri SpA SL400 | Labelers

  • Machinery Dimensions: 78.74 x 39.37 x 78.74 in
  • Model: SL400
  • Manufacturer Name: Neri SpA
  • Machinery Weight: 1322.76 lb
  • Year: 2008
  • Application Type: TAMP
  • Type of Labeler: INLINE
  • Located in: Europe

We buy Neri SpA SL400 in bulk. Click here to get a free valuation.

Christ Packing Systems Filmteq 3010 300595 16 KW 300 BPM 415 VOLTS 50 HERTZ 22 AMPS | Bundlers

  • Current: 22 AMPS
  • Capacity Speed: 300 BPM
  • Capacity Size: 16 KW
  • Serial Number: 300595
  • Model: Filmteq 3010
  • Manufacturer Name: Christ Packing Systems
  • Machinery Dimensions: 9.84 x 6.56 x 6.56 ft
  • Phase: 3+1
  • Voltage: 415 VOLTS
  • Machinery Weight: 2204.60 lb
  • Year: 2009
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Located in: Assam, India

We buy Christ Packing Systems Filmteq 3010 300595 16 KW 300 BPM 415 VOLTS 50 HERTZ 22 AMPS in bulk. Click here to get a free valuation.

Waters 3100 SINGLE QUAD | Mass Spectrometers

  • Model: 3100
  • Manufacturer Name: Waters
  • Machinery Dimensions: 48 x 48 x 48 IN
  • Machinery Weight: 350 LBS
  • Type of Mass Spec: SINGLE QUAD
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: North America

We buy Waters 3100 SINGLE QUAD in bulk. Click here to get a free valuation.

Applied Materials Inc 0010-25624 04911-7 35-50 LBS 145 PSI | Actuators

  • Serial Number: 04911-7
  • Machinery Dimensions: 10 x 7 x 20 IN
  • Capacity Speed: 145 PSI
  • Capacity Size: 35-50 LBS
  • Type of Actuator: PNEUMATIC
  • Model: 0010-25624
  • Machinery Weight: 30 LBS
  • Manufacturer Name: Applied Materials Inc
  • Recommended Packaging Form: 19C (22X15X13)
  • Located in: CA, USA

We buy Applied Materials Inc 0010-25624 04911-7 35-50 LBS 145 PSI in bulk. Click here to get a free valuation.

Raymond 115 VOLTS 60 HERTZ | Pulverizers

  • Machinery Dimensions: 30 x 21 x 46 IN
  • Type of Blade: KNIVES/HAMMERS
  • Type of Feed: GRAVITY
  • Manufacturer Name: Raymond
  • Machinery Weight: 400 LBS
  • Voltage: 115 VOLTS
  • Phase: 1
  • Frequency: 60 HERTZ
  • Located in: North America

We buy Raymond 115 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Uhlmann Packaging Systems 93 108 160 TPM 480 VOLTS | Thermoformers and Trim Presses

  • Machinery Weight: 3800 LBS
  • Machinery Dimensions: 30 x 6 x 8 FT
  • Capacity Speed: 160 TPM
  • Serial Number: 108
  • Model: 93
  • Manufacturer Name: Uhlmann Packaging Systems
  • Year: 1995
  • Recommended Packaging Form: CUSTOM
  • Voltage: 480 VOLTS
  • Located in: PR, USA

We buy Uhlmann Packaging Systems 93 108 160 TPM 480 VOLTS in bulk. Click here to get a free valuation.

Fabcar DG27 6 BAR 380 VOLTS 50 HERTZ 2.8 KW | Overwrappers

  • Machinery Dimensions: 137.80 x 47.24 x 78.74 in
  • Current: 2.8 KW
  • Product Sizing: Max film width: 450mm.
  • Capacity Size: CC
  • Model: DG27
  • Manufacturer Name: Fabcar
  • Voltage: 380 VOLTS
  • Air Requirements: 6 BAR
  • Machinery Weight: 2204.60 lb
  • Frequency: 50 HERTZ
  • Recommended Packaging Form: CUSTOM
  • CE Marked: NO
  • Phase: 3
  • Located in: Europe

We buy Fabcar DG27 6 BAR 380 VOLTS 50 HERTZ 2.8 KW in bulk. Click here to get a free valuation.

Inox Biaso Industria e Comercio Ltda 224.62 gal STAINLESS STEEL 0.0 IN 0.0 IN 0.0 IN | Tanks

  • Straight Side: 0.0 IN
  • Overall Height: 0.0 IN
  • Inside Diameter: 0.0 IN
  • Capacity of Tank: 224.62 gal
  • Manufacturer Name: Inox Biaso Industria e Comercio Ltda
  • Tank Material of Construction: STAINLESS STEEL
  • Machinery Weight: 0 LBS
  • Machinery Dimensions: 0 x 0 x 0 IN
  • Year: 2013
  • Agitation: NO
  • Jacketed: NO
  • Located in: Minas Gerais , Brazil

We buy Inox Biaso Industria e Comercio Ltda 224.62 gal STAINLESS STEEL 0.0 IN 0.0 IN 0.0 IN in bulk. Click here to get a free valuation.

Neri SpA sl400v 400 VOLTS 50 HERTZ | Labelers

  • Label Size: Labels length 13-100 mm Labels width 10-60 mm
  • Model: sl400v
  • Manufacturer Name: Neri SpA
  • Machinery Dimensions: 118.11 x 78.74 x 78.74 in
  • Year: 1999
  • Machinery Weight: 2645.52 lb
  • Voltage: 400 VOLTS
  • Frequency: 50 HERTZ
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy Neri SpA sl400v 400 VOLTS 50 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.

Ingersoll Rand ES70P | Miscellaneous

  • Machinery Dimensions: 2 x 2 x 14 IN
  • Model: ES70P
  • Manufacturer Name: Ingersoll Rand
  • Machinery Weight: 4 LBS
  • Recommended Packaging Form: 12C (12X12X12)
  • Located in: Forest, VA, USA

We buy Ingersoll Rand ES70P in bulk. Click here to get a free valuation.

Varian 3900 GC | Gas Chromatographs (GC)

  • Model: 3900 GC
  • Manufacturer Name: Varian
  • Located in: North America

We buy Varian 3900 GC in bulk. Click here to get a free valuation.

CMD 12-16 HR 120 BPM 90 PSI 230/460 VOLTS 50/60 HERTZ | Vertical Form Fill Seal Machines

  • Machinery Dimensions: 78.74 x 59.06 x 70.87 in
  • Capacity Speed: 120 BPM
  • Model: 12-16 HR
  • Manufacturer Name: CMD
  • Machinery Weight: 3306.90 lb
  • Air Requirements: 90 PSI
  • Year: 2002
  • Frequency: 50/60 HERTZ
  • Voltage: 230/460 VOLTS
  • Located in: North America

We buy CMD 12-16 HR 120 BPM 90 PSI 230/460 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Yaskawa XU-RC350D-D91 S47614-1-01 | Miscellaneous

  • Serial Number: S47614-1-01
  • Machinery Weight: 191 LBS
  • Machinery Dimensions: 29 x 29 x 52 IN
  • Model: XU-RC350D-D91
  • Manufacturer Name: Yaskawa
  • Year: 2015
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: San Jose, CA, USA

We buy Yaskawa XU-RC350D-D91 S47614-1-01 in bulk. Click here to get a free valuation.

Gardner Denver Twistair EWDQJA M56678 50 HP 460 VOLTS 60 HERTZ 110 PSI | Rotary Screw Compressors

  • Machinery Dimensions: 94.49 x 55.12 x 74.80 in
  • Produce Being Compressed: Oil Free Air
  • Capacity Speed: 110 PSI
  • Serial Number: M56678
  • Model: Twistair EWDQJA
  • Manufacturer Name: Gardner Denver
  • Capacity Size: 50 HP
  • Year: 1990
  • Voltage: 460 VOLTS
  • Machinery Weight: 4409.20 lb
  • Recommended Packaging Form: CUSTOM
  • CE Marked: NO
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Mexico

We buy Gardner Denver Twistair EWDQJA M56678 50 HP 460 VOLTS 60 HERTZ 110 PSI in bulk. Click here to get a free valuation.

Pro CepT 4M8 01124M8S-08 2008, 2011 230 VOLTS 50 HERTZ 20 AMPS | Spray Dryers

  • Machinery Weight: 1125 LBS
  • Machinery Dimensions: 113 x 34 x 84 IN
  • Type of Atomizer: SPRAY
  • Model: 4M8
  • Serial Number: 01124M8S-08
  • Year: 2008, 2011
  • Manufacturer Name: Pro CepT
  • Voltage: 230 VOLTS
  • Recommended Packaging Form: CRATE
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Current: 20 AMPS
  • Located in: MA, USA

We buy Pro CepT 4M8 01124M8S-08 2008, 2011 230 VOLTS 50 HERTZ 20 AMPS in bulk. Click here to get a free valuation.

Manesty Drycota 900 13953 74 400 VOLTS 50 HERTZ | Tablet Presses

  • Machinery Weight: 6111.15 lb
  • Machinery Dimensions: 87.01 x 49.21 x 80.71 in
  • No. of Stations: 23
  • Model: Drycota 900
  • Serial Number: 13953 74
  • Year: 1979
  • Manufacturer Name: Manesty
  • Pre-compression: NO
  • Capacity Size (tooling - 'bb', 'B' or 'D'): D
  • Keyed upper punch bores: YES
  • Voltage: 400 VOLTS
  • Frequency: 50 HERTZ
  • CE Marked: NO
  • Phase: 3
  • Located in: Italy

We buy Manesty Drycota 900 13953 74 400 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

IKA Yellow Line ET Basic 230 VOLTS 50/60 HERTZ | Miscellaneous

  • Machinery Dimensions: 3.94 x 11.81 x 11.81 in
  • Model: Yellow Line ET Basic
  • Manufacturer Name: IKA
  • Machinery Weight: 4.41 lb
  • Voltage: 230 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: Basel, Basel, Switzerland

We buy IKA Yellow Line ET Basic 230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Niverplast CP-840-RVS-D-E-ACE 6339 6 BAR 400/230 VOLTS 50 HERTZ 16 AMPS | Case Erectors

  • Model: CP-840-RVS-D-E-ACE
  • Serial Number: 6339
  • Manufacturer Name: Niverplast
  • Bottom Sealing: TAPE
  • Current: 16 AMPS
  • Voltage: 400/230 VOLTS
  • Machinery Weight: 2645.52 lb
  • Machinery Dimensions: 1 x 1 x 1 IN
  • Air Requirements: 6 BAR
  • Year: 2011
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM PALLET
  • Phase: 3
  • Located in: ON, Canada

We buy Niverplast CP-840-RVS-D-E-ACE 6339 6 BAR 400/230 VOLTS 50 HERTZ 16 AMPS in bulk. Click here to get a free valuation.

TMG Automated Packaging FormPaQ 2 Speed 4.969.10.13 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
  • Serial Number: 4.969.10.13
  • 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 4.969.10.13 6/7 BAR 400 VOLTS 50/60 HERTZ 5.2 AMPS in bulk. Click here to get a free valuation.

Ametek DTI 050-G-STS100-A-350-HS-C | Thermometers

  • Machinery Weight: 1.54 lb
  • Machinery Dimensions: 29.53 x 1.97 x 1.38 in
  • Model: DTI 050-G-STS100-A-350-HS-C
  • Manufacturer Name: Ametek
  • Year: 2015
  • Located in: Latin America

We buy Ametek DTI 050-G-STS100-A-350-HS-C in bulk. Click here to get a free valuation.

Comadis 720A | Fillers

  • Machinery Weight: 3020.30 lb
  • Machinery Dimensions: 78.74 x 59.06 x 96.46 in
  • Model: 720A
  • Manufacturer Name: Comadis
  • Type of Filler: TUBE
  • Located in: Europe

We buy Comadis 720A in bulk. Click here to get a free valuation.

Polyscience Recirculator N0772026 | Miscellaneous Lab Equipment

  • Model: Recirculator N0772026
  • Manufacturer Name: Polyscience
  • Located in: North America

We buy Polyscience Recirculator N0772026 in bulk. Click here to get a free valuation.

IWM Crusader SAN100 | Tunnel Washer

  • Machinery Dimensions: 64.96 x 57.09 x 78.74 in
  • Model: SAN100
  • Manufacturer Name: IWM Crusader
  • Machinery Weight: 771.61 lb
  • Located in: Europe

We buy IWM Crusader SAN100 in bulk. Click here to get a free valuation.

Matrix Technologies PlateMate 2X2 301-9-299 115 VOLTS 50/60 HERTZ | Microplates

  • Machinery Weight: 200 Pounds
  • Machinery Dimensions: 24 x 24 x 24 IN
  • Serial Number: 301-9-299
  • Model: PlateMate 2X2
  • Manufacturer Name: Matrix Technologies
  • Voltage: 115 VOLTS
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: NC, USA

We buy Matrix Technologies PlateMate 2X2 301-9-299 115 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Yula Corp CV-2E-111AS 38.05 gal STAINLESS STEEL STAINLESS STEEL CARBON BLOCK STAINLESS STEEL STAINLESS STEEL 150 PSI 150 PSI 12 IN 108 IN | Heat Exchangers/Condensers

  • Machinery Dimensions: 108 x 12 x 12 IN
  • Tube Length: 108 IN
  • Tube Diameter: 12 IN
  • Tube Temperature Rating: 40 DEG F
  • Shell Temperature Rating: 300 DEG F
  • Tube Material of Construction: STAINLESS STEEL
  • Capacity of Heat Exchanger: 38.05 gal
  • National Board #: 9658
  • Model: CV-2E-111AS
  • Manufacturer Name: Yula Corp
  • Tube Pressure Rating: 150 PSI
  • Shell Pressure Rating: 150 PSI
  • Block Material of Construction: CARBON BLOCK
  • Frame Material of Construction: STAINLESS STEEL
  • Plate Material of Construction: STAINLESS STEEL
  • Shell Material of Construction: STAINLESS STEEL
  • Type of Heat Exchanger: SHELL AND TUBE
  • Machinery Weight: 500 LBS
  • Year: 1995
  • Located in: PR, USA

We buy Yula Corp CV-2E-111AS 38.05 gal STAINLESS STEEL STAINLESS STEEL CARBON BLOCK STAINLESS STEEL STAINLESS STEEL 150 PSI 150 PSI 12 IN 108 IN in bulk. Click here to get a free valuation.

Hitachi CC40 120018 40,000 rpm 30 AMPS | Laboratory Centrifuges

  • Serial Number: 120018
  • Machinery Weight: 3152.58 lb
  • Machinery Dimensions: 144.09 x 237.01 x 215.75 in
  • Current: 30 AMPS
  • Frequency: 50/60
  • Voltage: AC200, 208, 220, 230, 240 VOLTS
  • Refrigerated: YES
  • Max Speed: 40,000 rpm
  • Model: CC40
  • Manufacturer Name: Hitachi
  • Year: 2002
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Located in: Czech Republic

We buy Hitachi CC40 120018 40,000 rpm 30 AMPS in bulk. Click here to get a free valuation.