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

Surplus Machinery

Eppendorf NEW BRUNSWICK CELLIGEN BLU BLU-120-LOA | Bioreactors

  • Machinery Dimensions: 48 x 40 x 42 IN
  • Model: NEW BRUNSWICK CELLIGEN BLU BLU-120-LOA
  • Manufacturer Name: Eppendorf
  • Machinery Weight: 250 LBS
  • Located in: North America

We buy Eppendorf NEW BRUNSWICK CELLIGEN BLU BLU-120-LOA in bulk. Click here to get a free valuation.

Oakton CON 2700 2082777 100-240 VOLTS 50/60 HERTZ | pH Meters

  • Machinery Dimensions: 7.09 x 7.09 x 3.15 in
  • Model: CON 2700
  • Serial Number: 2082777
  • Manufacturer Name: Oakton
  • Machinery Weight: 4.41 lb
  • Voltage: 100-240 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Colombia

We buy Oakton CON 2700 2082777 100-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Agilent Technologies 1260 Series VARIABLE WAVELENGTH 100-240 VOLTS 50/60 HERTZ | HPLC

  • Machinery Weight: 330.69 lb
  • Machinery Dimensions: 39.37 x 39.37 x 39.37 in
  • Type of Detector for HPLC: VARIABLE WAVELENGTH
  • Model: 1260 Series
  • Manufacturer Name: Agilent Technologies
  • Voltage: 100-240 VOLTS
  • Type of Pump for HPLC: BINARY
  • CE Marked: YES
  • Year: 2012
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Wehr , Germany

We buy Agilent Technologies 1260 Series VARIABLE WAVELENGTH 100-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Spirent Communications SR5500 WCE331F5,WCE300L5 100-240 VOLTS 50/60 HERTZ 250 WATTS | Miscellaneous

  • Machinery Dimensions: 46 x 18 x 10 IN
  • Model: SR5500
  • Serial Number: WCE331F5,WCE300L5
  • Manufacturer Name: Spirent Communications
  • Current: 250 WATTS
  • Machinery Weight: 120 LBS
  • Recommended Packaging Form: 24C (28X24X22)
  • Voltage: 100-240 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: San Jose, CA, USA

We buy Spirent Communications SR5500 WCE331F5,WCE300L5 100-240 VOLTS 50/60 HERTZ 250 WATTS in bulk. Click here to get a free valuation.

Steris 1500 s1 1500 KG/HR | Water Purification and Still Systems

  • Machinery Dimensions: 59.06 x 59.06 x 141.73 in
  • Capacity Speed: 1500 KG/HR
  • Model: 1500 s1
  • Manufacturer Name: Steris
  • Machinery Weight: 5511.50 lb
  • Located in: Europe

We buy Steris 1500 s1 1500 KG/HR in bulk. Click here to get a free valuation.

Unknown 1 GPM | Water Purification and Still Systems

  • Machinery Dimensions: 279.53 x 31.50 x 78.74 in
  • Capacity Speed: 1 GPM
  • Machinery Weight: 10361.62 lb
  • Located in: Medan, Indonesia

We buy Unknown 1 GPM in bulk. Click here to get a free valuation.

Myron L Ultrameter II 6P 6240392 9 VOLTS | Meters

  • Machinery Dimensions: 2.95 x 8.07 x 2.95 in
  • Model: Ultrameter II 6P
  • Serial Number: 6240392
  • Manufacturer Name: Myron L
  • Voltage: 9 VOLTS
  • Machinery Weight: 4.41 lb
  • CE Marked: YES
  • Located in: Colombia

We buy Myron L Ultrameter II 6P 6240392 9 VOLTS in bulk. Click here to get a free valuation.

Lock Inspection Systems Ltd MET 30+ 30.000 TPM 230 VOLTS 50 HERTZ | Metal Detectors

  • Machinery Dimensions: 35.43 x 31.50 x 64.17 in
  • Products Run: Detects ferrous contaminant up to mm 0.25 Non ferrous up to mm 0.3
  • Capacity Speed: 30.000 TPM
  • Model: MET 30+
  • Automatic Reject: Yes
  • Manufacturer Name: Lock Inspection Systems Ltd
  • Year: 2000
  • Machinery Weight: 176.37 lb
  • Voltage: 230 VOLTS
  • Frequency: 50 HERTZ
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy Lock Inspection Systems Ltd MET 30+ 30.000 TPM 230 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Gruenberg T30H720 480 VOLTS 100 AMPS | Cure Oven

  • Machinery Dimensions: 72.38 x 51.14 x 99.25 IN
  • Input Media: N/A
  • User Interface Date of Manufacture: N/A
  • User Interface Serial Number: N/A
  • Type of User Interface: Din-A-Mite Solid State Power Controller
  • Date of System Operating Software: N/A
  • Version of System Operating Software: Data Acquisition: Honeywell DR 4200 Chart Recorder
  • Operating System: Partlow Controller: 59321-5 (Programmable)
  • Last Known Date of Operation: Currently in operation
  • Process Capability: Dependent upon requirements
  • Model: T30H720
  • Manufacturer Name: Gruenberg
  • Temperature Range: 300 DEG F
  • Type of Media Handler: TRAY
  • Machinery Weight: 3527.36 lb
  • Is the system generic or process specific?: GENERIC
  • Is System Y2K Compliant?: YES
  • Date of Last PM: 2020
  • Any special features on the system?: YES
  • Any upgrade to the system?: YES
  • Is System Running or Powered Off?: RUNNING
  • Fuctional or Non Functional: FUCTIONAL
  • Current: 100 AMPS
  • Year: 2007
  • CE Marked: YES
  • Voltage: 480 VOLTS
  • Recommended Packaging Form: CUSTOM PALLET
  • Phase: 3
  • Located in: North America

We buy Gruenberg T30H720 480 VOLTS 100 AMPS in bulk. Click here to get a free valuation.

Dukane FP0600F 486932-11-01 STAINLESS STEEL 200-240 VOLTS 50/60 HERTZ 15 AMPS | Cutters

  • Machinery Dimensions: 47.24 x 15.75 x 59.06 in
  • Model: FP0600F
  • Serial Number: 486932-11-01
  • Manufacturer Name: Dukane
  • Material of Construction: STAINLESS STEEL
  • Voltage: 200-240 VOLTS
  • Machinery Weight: 176.37 lb
  • Current: 15 AMPS
  • CE Marked: YES
  • Year: 2012
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: Guanajuato, Mexico

We buy Dukane FP0600F 486932-11-01 STAINLESS STEEL 200-240 VOLTS 50/60 HERTZ 15 AMPS in bulk. Click here to get a free valuation.

Tegal - OEM Group, Inc 981 | Plasma Etcher

  • Model: 981
  • Manufacturer Name: Tegal - OEM Group, Inc
  • Machinery Dimensions: 84 x 84 x 96 IN
  • Machinery Weight: 5000 LBS
  • Recommended Packaging Form: CRATE
  • Located in: Asia

We buy Tegal - OEM Group, Inc 981 in bulk. Click here to get a free valuation.

Quincy Compressor QTB15 5023180 200 PSI Compressed Air 220 VOLTS 60 HERTZ | Air Compressors

  • Model: QTB15
  • Capacity Size: GALS
  • Serial Number: 5023180
  • Machinery Dimensions: 6.23 x 2.95 x 4.00 ft
  • Manufacturer Name: Quincy Compressor
  • Produce Being Compressed: Compressed Air
  • Pressure Rating (Pressure): 200 PSI
  • Machinery Weight: 992.07 lb
  • Year: 2014
  • Voltage: 220 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Nicaragua

We buy Quincy Compressor QTB15 5023180 200 PSI Compressed Air 220 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Prodec EB-9610 50/60 HERTZ | Case Packers

  • Model: EB-9610
  • Machinery Dimensions: 108 x 108 x 84 IN
  • Manufacturer Name: Prodec
  • Type of Packer: PICK & PLACE
  • Year: 2011
  • Machinery Weight: 5000 LBS
  • Frequency: 50/60 HERTZ
  • Located in: Argentina

We buy Prodec EB-9610 50/60 HERTZ in bulk. Click here to get a free valuation.

Partena M 82/BF 380 VOLTS 50 HERTZ 4,5 KW | Thermoformers and Trim Presses

  • Machinery Dimensions: 3470 x 500 x 1400 IN
  • Current: 4,5 KW
  • Model: M 82/BF
  • Manufacturer Name: Partena
  • Machinery Weight: 1800 LBS
  • Year: 1990
  • Voltage: 380 VOLTS
  • Frequency: 50 HERTZ
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: Europe

We buy Partena M 82/BF 380 VOLTS 50 HERTZ 4,5 KW in bulk. Click here to get a free valuation.

Thirode M00738 380 VOLTS 50 HERTZ 2 KW STAINLESS STEEL | Seasoners

  • Serial Number: M00738
  • Machinery Dimensions: 39.37 x 15.75 x 3.94 in
  • Manufacturer Name: Thirode
  • Current: 2 KW
  • Machinery Weight: 0.00 lb
  • Voltage: 380 VOLTS
  • Material of Construction: STAINLESS STEEL
  • Frequency: 50 HERTZ
  • Phase: 3
  • Located in: Spain

We buy Thirode M00738 380 VOLTS 50 HERTZ 2 KW STAINLESS STEEL in bulk. Click here to get a free valuation.

Ellert G-1500 | Slicers

  • Machinery Dimensions: 98.43 x 39.37 x 45.28 in
  • Model: G-1500
  • Manufacturer Name: Ellert
  • Machinery Weight: 606.27 lb
  • Located in: Europe

We buy Ellert G-1500 in bulk. Click here to get a free valuation.

Dow Chemical IR120 | Water Purification and Still Systems

  • Machinery Dimensions: 42 x 48 x 52 IN
  • Model: IR120
  • Manufacturer Name: Dow Chemical
  • Machinery Weight: 1200 LBS
  • Located in: IN, USA

We buy Dow Chemical IR120 in bulk. Click here to get a free valuation.

Sollas Holland B.V. 17 356-010 220 VOLTS 60 HERTZ | Wrappers/Overwrappers/Bundlers

  • Model: 17
  • Serial Number: 356-010
  • Manufacturer Name: Sollas Holland B.V.
  • Year: 1992
  • Machinery Weight: 0 LBS
  • Machinery Dimensions: 0 x 0 x 0 IN
  • Voltage: 220 VOLTS
  • CE Marked: NO
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: NJ, USA

We buy Sollas Holland B.V. 17 356-010 220 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Anritsu Corporation MT8820C 6201274249 100-120/200-240 VOLTS 50/60 HERTZ 750 VA | Miscellaneous

  • Serial Number: 6201274249
  • Machinery Weight: 43 LBS
  • Current: 750 VA
  • Machinery Dimensions: 23 x 18 x 10 IN
  • Model: MT8820C
  • Manufacturer Name: Anritsu Corporation
  • Voltage: 100-120/200-240 VOLTS
  • Recommended Packaging Form: 24C (28X24X22)
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: San Jose, CA, USA

We buy Anritsu Corporation MT8820C 6201274249 100-120/200-240 VOLTS 50/60 HERTZ 750 VA in bulk. Click here to get a free valuation.

Various | Miscellaneous

  • Machinery Dimensions: 60 x 24 x 19 IN
  • Machinery Dimensions: 45 x 30 x 14 IN
  • Machinery Dimensions: 65 x 25 x 19 IN
  • Machinery Dimensions: 65 x 25 x 25 IN
  • Machinery Dimensions: 50 x 36 x 15 IN
  • Machinery Dimensions: 50 x 36 x 14 IN
  • Machinery Dimensions: 40 x 34 x 14 IN
  • Machinery Dimensions: 60 x 40 x 19 IN
  • Machinery Dimensions: 62 x 20 x 24 IN
  • Manufacturer Name: Various
  • Machinery Weight: 3500 LBS
  • Machinery Weight: 600 LBS
  • Machinery Weight: 650 LBS
  • Machinery Weight: 400 LBS
  • Machinery Weight: 800 LBS
  • Machinery Weight: 500 LBS
  • Machinery Weight: 2200 LBS
  • Located in: Mexico, MO, USA

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

Dionex P680A LPG and UVD 170U 120 VOLTS 50-60 HERTZ | HPLC

  • Machinery Dimensions: 18 x 20 x 20 IN
  • Model: P680A LPG and UVD 170U
  • Frequency: 50-60 HERTZ
  • Manufacturer Name: Dionex
  • Machinery Weight: 85 LBS
  • Recommended Packaging Form: 24C (28X24X22)
  • Phase: 1
  • Voltage: 120 VOLTS
  • Located in: North America

We buy Dionex P680A LPG and UVD 170U 120 VOLTS 50-60 HERTZ in bulk. Click here to get a free valuation.

SP Industries 301062 | Freeze Dryers

  • Machinery Dimensions: 36.22 x 31.50 x 19.69 in
  • Serial Number: 301062
  • Manufacturer Name: SP Industries
  • Machinery Weight: 573.20 lb
  • Year: 2008
  • CE Marked: YES
  • Located in: Switzerland

We buy SP Industries 301062 in bulk. Click here to get a free valuation.

Spirent Communications SR5078 100-240 VOLTS 50/60 HERTZ 55 WATTS | Miscellaneous

  • Model: SR5078
  • Machinery Dimensions: 19 x 16 x 4 IN
  • Manufacturer Name: Spirent Communications
  • Current: 55 WATTS
  • Machinery Weight: 14 LBS
  • Recommended Packaging Form: 20C (28X20X20)
  • Voltage: 100-240 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: San Jose, CA, USA

We buy Spirent Communications SR5078 100-240 VOLTS 50/60 HERTZ 55 WATTS in bulk. Click here to get a free valuation.

Tektronix Inc. DPO4054 C020040 | Miscellaneous

  • Machinery Dimensions: 17 x 6 x 11 IN
  • Model: DPO4054
  • Serial Number: C020040
  • Manufacturer Name: Tektronix Inc.
  • Machinery Weight: 11 LBS
  • Recommended Packaging Form: 19C (22X15X13)
  • CE Marked: YES
  • Located in: San Jose, CA, USA

We buy Tektronix Inc. DPO4054 C020040 in bulk. Click here to get a free valuation.

Lifts and Compactors Mexico, S.A. DE C.V. 1102.30 lb | Lifts

  • Machinery Dimensions: 98.43 x 59.06 x 15.75 in
  • Manufacturer Name: Lifts and Compactors Mexico, S.A. DE C.V.
  • Capacity Size: 1102.30 lb
  • Type of Lift: SCISSOR
  • Frequency: HERTZ
  • Voltage: VOLTS
  • Machinery Weight: 1102.30 lb
  • CE Marked: NO
  • Located in: Mexico

We buy Lifts and Compactors Mexico, S.A. DE C.V. 1102.30 lb in bulk. Click here to get a free valuation.

Essemtec SP-500 065459 110 VOLTS | Screen Printer

  • Model: SP-500
  • Serial Number: 065459
  • Manufacturer Name: Essemtec
  • Machinery Dimensions: 60 x 36 x 60 IN
  • Machinery Weight: 450 LBS
  • Voltage: 110 VOLTS
  • Year: 2006
  • Located in: KS, USA

We buy Essemtec SP-500 065459 110 VOLTS in bulk. Click here to get a free valuation.

Ronchi Mario Srl AM8197 | Tablet Presses

  • Machinery Dimensions: 27.56 x 19.69 x 62.99 in
  • No. of Stations: 8
  • Model: AM8197
  • Manufacturer Name: Ronchi Mario Srl
  • Machinery Weight: 1102.30 lb
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy Ronchi Mario Srl AM8197 in bulk. Click here to get a free valuation.

Imball EFFE 7 901020180 400 VOLTS 50 HERTZ 25 AMPS | Case Erectors

  • Machinery Dimensions: 106.30 x 64.96 x 94.49 in
  • Model: EFFE 7
  • Serial Number: 901020180
  • Manufacturer Name: Imball
  • Current: 25 AMPS
  • Voltage: 400 VOLTS
  • Year: 2002
  • Machinery Weight: 2204.60 lb
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 3
  • Located in: Hungary

We buy Imball EFFE 7 901020180 400 VOLTS 50 HERTZ 25 AMPS in bulk. Click here to get a free valuation.

Dan Science DI-Cleaner | Wet Bench

  • Process Capability: DI
  • Model: DI-Cleaner
  • Manufacturer Name: Dan Science
  • Machinery Dimensions: 96 x 48 x 72 IN
  • Year: 1991
  • Machinery Weight: 2500 LBS
  • Recommended Packaging Form: CUSTOM
  • Located in: East Asia/Pacific

We buy Dan Science DI-Cleaner in bulk. Click here to get a free valuation.

Best Pack 3ALR-2 113108 220 VOLTS 50 HERTZ | Tapers

  • Serial Number: 113108
  • Machinery Dimensions: 80 x 35 x 64 IN
  • Model: 3ALR-2
  • Manufacturer Name: Best Pack
  • Machinery Weight: 661.38 lb
  • Year: 2011
  • Frequency: 50 HERTZ
  • Voltage: 220 VOLTS
  • Phase: 1
  • Located in: Medan, Indonesia

We buy Best Pack 3ALR-2 113108 220 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Imada DTX2-85B 231121 7.5 VOLTS | Miscellaneous

  • Machinery Dimensions: 17 x 13 x 10 IN
  • Serial Number: 231121
  • Model: DTX2-85B
  • Voltage: 7.5 VOLTS
  • Manufacturer Name: Imada
  • Machinery Weight: 10 LBS
  • Recommended Packaging Form: 19C (22X15X13)
  • CE Marked: YES
  • Located in: Forest, VA, USA

We buy Imada DTX2-85B 231121 7.5 VOLTS in bulk. Click here to get a free valuation.

Rohde and Schwarz AMIQ 838266/018 | Miscellaneous

  • Serial Number: 838266/018
  • Machinery Dimensions: 20 x 19 x 5 IN
  • Model: AMIQ
  • Manufacturer Name: Rohde and Schwarz
  • Machinery Weight: 19 LBS
  • Recommended Packaging Form: 20C (28X20X20)
  • CE Marked: YES
  • Located in: Hillsboro, OR, USA

We buy Rohde and Schwarz AMIQ 838266/018 in bulk. Click here to get a free valuation.

Roche LC Carousel 40184554 FIXED ANGLE 3000 RPM 115-230 VOLTS 50/60 HERTZ | Miscellaneous

  • Max Speed: 3000 RPM
  • Serial Number: 40184554
  • Model: LC Carousel
  • Manufacturer Name: Roche
  • Machinery Dimensions: 11.81 x 15.75 x 11.81 in
  • Rotor Type: FIXED ANGLE
  • Machinery Weight: 66.14 lb
  • Voltage: 115-230 VOLTS
  • Year: 2002
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Located in: Bridgend , Wales, United Kingdom

We buy Roche LC Carousel 40184554 FIXED ANGLE 3000 RPM 115-230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Muller Martini CN 80 Stacker 400 VOLTS 50/60 HERTZ 9 AMPS | Paper Manufacturing Equipment

  • Model: CN 80 Stacker
  • Manufacturer Name: Muller Martini
  • Current: 9 AMPS
  • Machinery Dimensions: 0.00 x 0.00 x 0.00 in
  • Machinery Weight: 0.00 lb
  • Voltage: 400 VOLTS
  • Year: 2001
  • Frequency: 50/60 HERTZ
  • Phase: 3
  • Located in: Europe

We buy Muller Martini CN 80 Stacker 400 VOLTS 50/60 HERTZ 9 AMPS in bulk. Click here to get a free valuation.

TEC Engineering STAINLESS STEEL 440 VOLTS 60 HERTZ | Hoppers

  • Capacity Size: 6 CU M
  • Manufacturer Name: TEC Engineering
  • Voltage: 440 VOLTS
  • Machinery Dimensions: 0.04 x 0.04 x 0.04 in
  • Material of Construction: STAINLESS STEEL
  • Year: 2006
  • Machinery Weight: 2.20 lb
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: JALISCO, Mexico

We buy TEC Engineering STAINLESS STEEL 440 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Littleford Day Inc. 480 VOLTS 60 HERTZ | Mixers

  • Machinery Dimensions: 112 x 36 x 69 IN
  • Type of mixer: PLOUGH
  • Manufacturer Name: Littleford Day Inc.
  • Jacketed: YES
  • Machinery Weight: 2500 LBS
  • Voltage: 480 VOLTS
  • Recommended Packaging Form: CUSTOM PALLET
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: North America

We buy Littleford Day Inc. 480 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

TOK TCA-2400 | Asher

  • Model: TCA-2400
  • Manufacturer Name: TOK
  • Machinery Dimensions: 84 x 48 x 72 IN
  • Year: 1991
  • Year: 1990
  • Machinery Weight: 1500 LBS
  • Recommended Packaging Form: CUSTOM
  • Located in: East Asia/Pacific

We buy TOK TCA-2400 in bulk. Click here to get a free valuation.

Package Automation PA182 40 CPM 400 VOLTS 50/60 HERTZ 6 BAR | Tray Sealers

  • Product Sizing: 210mm x 165mm tray
  • Model: PA182
  • Manufacturer Name: Package Automation
  • Machinery Dimensions: 59.06 x 39.37 x 78.74 in
  • Capacity Speed: 40 CPM
  • Voltage: 400 VOLTS
  • Air Requirements: 6 BAR
  • Machinery Weight: 2204.60 lb
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 3
  • Located in: Europe

We buy Package Automation PA182 40 CPM 400 VOLTS 50/60 HERTZ 6 BAR in bulk. Click here to get a free valuation.

PowerSonic 9704-1, 9808-1 120 VOLTS 60 HERTZ | Ultrasonic Cleaners

  • Machinery Dimensions: 51 x 25 x 37 IN
  • Serial Number: 9704-1, 9808-1
  • Manufacturer Name: PowerSonic
  • Machinery Weight: 350 LBS
  • Recommended Packaging Form: CUSTOM
  • Phase: 1
  • Voltage: 120 VOLTS
  • Frequency: 60 HERTZ
  • Located in: MA, USA

We buy PowerSonic 9704-1, 9808-1 120 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Holzworth Instrumentation HS9002A 325, 284 | Miscellaneous

  • Serial Number: 325, 284
  • Machinery Weight: 34 LBS
  • Machinery Dimensions: 36 x 16 x 2 IN
  • Model: HS9002A
  • Manufacturer Name: Holzworth Instrumentation
  • Recommended Packaging Form: 20C (28X20X20)
  • Located in: San Jose, CA, USA

We buy Holzworth Instrumentation HS9002A 325, 284 in bulk. Click here to get a free valuation.