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

Surplus Machinery

Eriez Magnetics N12-GS/115 74739-2 115 VOLTS 60 HERTZ 5 AMPS | Vibratory Feeders

  • Model: N12-GS/115
  • Serial Number: 74739-2
  • Manufacturer Name: Eriez Magnetics
  • Current: 5 AMPS
  • Voltage: 115 VOLTS
  • Machinery Weight: 1 Pounds
  • Machinery Dimensions: 1 x 1 x 1 IN
  • Phase: 1
  • Recommended Packaging Form: CUSTOM PALLET
  • Frequency: 60 HERTZ
  • Located in: PQ, Canada

We buy Eriez Magnetics N12-GS/115 74739-2 115 VOLTS 60 HERTZ 5 AMPS in bulk. Click here to get a free valuation.

MG America G36 220 VOLTS 50 HERTZ 34 kw | Fillers

  • Machinery Dimensions: 61 x 40 x 66 IN
  • Current: 34 kw
  • Model: G36
  • Manufacturer Name: MG America
  • Year: 1984
  • Type of Filler: CAPSULE
  • Machinery Weight: 3000 LBS
  • Frequency: 50 HERTZ
  • Voltage: 220 VOLTS
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: North America

We buy MG America G36 220 VOLTS 50 HERTZ 34 kw in bulk. Click here to get a free valuation.

Hoppmann Corporation FT40 | Sorters

  • Model: FT40
  • Manufacturer Name: Hoppmann Corporation
  • Machinery Dimensions: 118.11 x 78.74 x 78.74 in
  • Machinery Weight: 1102.30 lb
  • Year: 1995
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy Hoppmann Corporation FT40 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.

Ohaus Corporation AP250D 1118401713 200 G | Miscellaneous

  • Machinery Dimensions: 18 x 8 x 12 IN
  • Serial Number: 1118401713
  • Model: AP250D
  • Manufacturer Name: Ohaus Corporation
  • Capacity Size: 200 G
  • Machinery Weight: 10 LBS
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: Forest, VA, USA

We buy Ohaus Corporation AP250D 1118401713 200 G in bulk. Click here to get a free valuation.

Bio Rad ChemiDoc XRS 76503408 230 VOLTS 50/60 HERTZ | Miscellaneous

  • Machinery Dimensions: 27.56 x 23.62 x 47.24 in
  • Model: ChemiDoc XRS
  • Serial Number: 76503408
  • Manufacturer Name: Bio Rad
  • Machinery Weight: 66.14 lb
  • Voltage: 230 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: Basel, Basel, Switzerland

We buy Bio Rad ChemiDoc XRS 76503408 230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Agilent Technologies E3620A MY40003672, MY40010197 | Miscellaneous

  • Serial Number: MY40003672, MY40010197
  • Model: E3620A
  • Machinery Weight: 22 LBS
  • Machinery Dimensions: 32 x 9 x 4 IN
  • Recommended Packaging Form: 19C (22X15X13)
  • Manufacturer Name: Agilent Technologies
  • Located in: San Jose, CA, USA

We buy Agilent Technologies E3620A MY40003672, MY40010197 in bulk. Click here to get a free valuation.

Lab Tech DigiBlock EHD36 Series | Miscellaneous Lab Equipment

  • Model: DigiBlock EHD36 Series
  • Manufacturer Name: Lab Tech
  • Located in: North America

We buy Lab Tech DigiBlock EHD36 Series in bulk. Click here to get a free valuation.

Fabio Perini SpA | Winder/Unwinder

  • Manufacturer Name: Fabio Perini SpA
  • Machinery Weight: 0 Pounds
  • Machinery Dimensions: 0 x 0 x 0 IN
  • Located in: North America

We buy Fabio Perini SpA in bulk. Click here to get a free valuation.

Weber Maschinenbau GmbH MCS 902 / CCA 4701 1217 / 153 STAINLESS STEEL 400 VOLTS 3 KW 50 HERTZ | Slicers

  • Serial Number: 1217 / 153
  • Model: MCS 902 / CCA 4701
  • Machinery Dimensions: 0.00 x 0.00 x 0.00 in
  • Machinery Weight: 0.00 lb
  • Manufacturer Name: Weber Maschinenbau GmbH
  • Voltage: 400 VOLTS
  • Current: 3 KW
  • Material of Construction: STAINLESS STEEL
  • Year: 1996
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 3
  • Located in: Spain

We buy Weber Maschinenbau GmbH MCS 902 / CCA 4701 1217 / 153 STAINLESS STEEL 400 VOLTS 3 KW 50 HERTZ in bulk. Click here to get a free valuation.

King TC-8 2CFM/80PSI BAR 220 VOLTS 60 HERTZ | Electronic Counters

  • Machinery Dimensions: 54 x 41 x 66 IN
  • Air Requirements: 2CFM/80PSI BAR
  • Model: TC-8
  • Manufacturer Name: King
  • Counting Method: AUTOMATIC
  • Machinery Weight: 1200 LBS
  • Recommended Packaging Form: CRATE
  • Voltage: 220 VOLTS
  • Year: 1998
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: North America

We buy King TC-8 2CFM/80PSI BAR 220 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Ingersoll Rand DXR180 96FDXR2960 250 PSI 208/230 VOLTS 278 PSI 10.2 AMPS 60 HERTZ | Air Dryers

  • Machinery Dimensions: 42 x 39 x 41 IN
  • Current: 10.2 AMPS
  • Pressure Rating (Pressure): 278 PSI
  • Air Requirements: 250 PSI
  • Model: DXR180
  • Serial Number: 96FDXR2960
  • Manufacturer Name: Ingersoll Rand
  • Machinery Weight: 800 Pounds
  • Voltage: 208/230 VOLTS
  • Refrigerated: YES
  • Year: 1996
  • CE Marked: NO
  • Phase: 1
  • Frequency: 60 HERTZ
  • Located in: NC, USA

We buy Ingersoll Rand DXR180 96FDXR2960 250 PSI 208/230 VOLTS 278 PSI 10.2 AMPS 60 HERTZ in bulk. Click here to get a free valuation.

Skan HFC-EVO 900 3100048.045 230 VOLTS 50 HERTZ | Miscellaneous

  • Serial Number: 3100048.045
  • Machinery Dimensions: 43.31 x 33.46 x 53.15 in
  • Model: HFC-EVO 900
  • Manufacturer Name: Skan
  • Machinery Weight: 396.83 lb
  • Voltage: 230 VOLTS
  • Frequency: 50 HERTZ
  • Recommended Packaging Form: CUSTOM
  • Located in: Basel, Basel, Switzerland

We buy Skan HFC-EVO 900 3100048.045 230 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Garvens S2 321661.. 600 G 115 VOLTS 60 HERTZ | Check Weighers

  • Serial Number: 321661..
  • Model: S2
  • Manufacturer Name: Garvens
  • Capacity Size: 600 G
  • Machinery Dimensions: 157.48 x 78.74 x 70.87 in
  • Machinery Weight: 330.69 lb
  • Voltage: 115 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 60 HERTZ
  • Located in: Wales, United Kingdom

We buy Garvens S2 321661.. 600 G 115 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Gericke RH HP 4131 0.26 gal | Hoppers

  • Model: RH HP 4131
  • Machinery Dimensions: 59.06 x 59.06 x 98.43 in
  • Capacity Size: 0.26 gal
  • Manufacturer Name: Gericke
  • Machinery Weight: 2204.60 lb
  • Located in: Medan, Indonesia

We buy Gericke RH HP 4131 0.26 gal in bulk. Click here to get a free valuation.

Baker Perkins Ltd 18.8 KW | Mixers

  • Machinery Weight: 13668.52 lb
  • Machinery Dimensions: 219.96 x 31.97 x 66.57 in
  • Current: 18.8 KW
  • Type of mixer: CONTINUOUS
  • Manufacturer Name: Baker Perkins Ltd
  • Located in: Europe

We buy Baker Perkins Ltd 18.8 KW in bulk. Click here to get a free valuation.

Pago 673513. PRESSURE SENSITIVE 6 BAR 400 VOLTS 50 HERTZ | Labelers

  • Machinery Dimensions: 66.93 x 141.73 x 90.55 in
  • Serial Number: 673513.
  • Manufacturer Name: Pago
  • Number of Labeling Heads: 2
  • Machinery Weight: 3306.90 lb
  • Voltage: 400 VOLTS
  • Air Requirements: 6 BAR
  • Application Type: WIPE/MERGE
  • Type of Label: PRESSURE SENSITIVE
  • Type of Labeler: INLINE
  • Year: 2006
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: Wales, United Kingdom

We buy Pago 673513. PRESSURE SENSITIVE 6 BAR 400 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Escher Wyss P3 2500 RPM STAINLESS STEEL | Pusher Centrifuges

  • Capacity Speed: 2500 RPM
  • Model: P3
  • Machinery Dimensions: 42.13 x 86.61 x 39.76 in
  • Centrifuge Diameter: MM
  • Manufacturer Name: Escher Wyss
  • Material of Construction: STAINLESS STEEL
  • Machinery Weight: 11023.00 lb
  • Located in: Europe

We buy Escher Wyss P3 2500 RPM STAINLESS STEEL in bulk. Click here to get a free valuation.

Escher Wyss P-5 1 RPM STAINLESS STEEL | Pusher Centrifuges

  • Machinery Dimensions: 42.13 x 86.61 x 39.76 in
  • Centrifuge Diameter: MM
  • Model: P-5
  • Manufacturer Name: Escher Wyss
  • Capacity Speed: 1 RPM
  • Material of Construction: STAINLESS STEEL
  • Machinery Weight: 11023.00 lb
  • Located in: Europe

We buy Escher Wyss P-5 1 RPM STAINLESS STEEL in bulk. Click here to get a free valuation.

Imada DTX2-85B 231119 7.5 VOLTS | Miscellaneous

  • Serial Number: 231119
  • Machinery Dimensions: 17 x 13 x 10 IN
  • 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 231119 7.5 VOLTS in bulk. Click here to get a free valuation.

Markem Imaje 9020 US10100348 220 VOLTS 60 HERTZ INK JET | Printing or Code Markers

  • Machinery Dimensions: 19.69 x 19.69 x 66.93 in
  • Printing on What: Flasks
  • Products Run: Foodstuff
  • Serial Number: US10100348
  • Model: 9020
  • Manufacturer Name: Markem Imaje
  • Year: 2010
  • Machinery Weight: 132.28 lb
  • Method of Code Dater: INK JET
  • Voltage: 220 VOLTS
  • CE Marked: YES
  • Phase: 1
  • Frequency: 60 HERTZ
  • Located in: Brazil

We buy Markem Imaje 9020 US10100348 220 VOLTS 60 HERTZ INK JET 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.

Leap Technologies PAL | Gas Chromatographs (GC)

  • Model: PAL
  • Manufacturer Name: Leap Technologies
  • Located in: North America

We buy Leap Technologies PAL in bulk. Click here to get a free valuation.

Mettler Toledo DP600S 32301011 1322.76 lb 8.82 lb 110-240 VOLTS 50/60 HERTZ | Scales

  • Machinery Dimensions: 33.07 x 51.18 x 3.15 in
  • Degree of Precision: 8.82 lb
  • Capacity Size: 1322.76 lb
  • Model: DP600S
  • Serial Number: 32301011
  • Voltage: 110-240 VOLTS
  • Manufacturer Name: Mettler Toledo
  • Machinery Weight: 132.28 lb
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Switzerland

We buy Mettler Toledo DP600S 32301011 1322.76 lb 8.82 lb 110-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Corenco M8E 200 VOLTS 230 AMPS | Disintegrators

  • Machinery Weight: 220 LBS
  • Machinery Dimensions: 40 x 24 x 56 IN
  • Current: 230 AMPS
  • Model: M8E
  • Manufacturer Name: Corenco
  • Voltage: 200 VOLTS
  • Year: 2018
  • Phase: 3+1
  • Recommended Packaging Form: PALLET
  • Located in: North America

We buy Corenco M8E 200 VOLTS 230 AMPS in bulk. Click here to get a free valuation.

Sealed Air Instapak 900 220/240 VOLTS 1500 WATTS unknown BAR | Miscellaneous Packaging Equipment

  • Model: Instapak 900
  • Manufacturer Name: Sealed Air
  • Capacity Speed: unknown CU FT/MIN
  • Machinery Dimensions: 31.50 x 31.50 x 39.37 in
  • Capacity Size: unknown SQ FT
  • Air Requirements: unknown BAR
  • Current: 1500 WATTS
  • Frequency: 50
  • Voltage: 220/240 VOLTS
  • Machinery Weight: 132.28 lb
  • Recommended Packaging Form: CUSTOM
  • Phase: 1
  • Located in: Europe

We buy Sealed Air Instapak 900 220/240 VOLTS 1500 WATTS unknown BAR in bulk. Click here to get a free valuation.

ZVT Verpackungstechnik TP 040/35 11940 35 cycles/min BOTTOM LOAD Carton tray 400 VOLTS 50 HERTZ 29 AMPS | Case Packers

  • Machinery Dimensions: 216.54 x 51.18 x 59.06 in
  • Case Size or Range: Width- min. 230 mm & max. 450 mm
  • Length- min. 150 mm & max. 330 mm
  • Pack Arrangement: Carton tray
  • Type of Case: BLISS
  • Products Run: 35 cycles/min
  • Product Sizing: Glass jars, from 350 to 1000g
  • Model: TP 040/35
  • Serial Number: 11940
  • Manufacturer Name: ZVT Verpackungstechnik
  • Type of Packer: BOTTOM LOAD
  • Current: 29 AMPS
  • Case Sealing: HOT MELT GLUE
  • Year: 1997
  • Phase: 3+1
  • Voltage: 400 VOLTS
  • Machinery Weight: 4409.20 lb
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Located in: Netherlands

We buy ZVT Verpackungstechnik TP 040/35 11940 35 cycles/min BOTTOM LOAD Carton tray 400 VOLTS 50 HERTZ 29 AMPS in bulk. Click here to get a free valuation.

Frewitt MF-8 11020423036 230-400 VOLTS 50 HERTZ STAINLESS STEEL | Pulverizers

  • Machinery Dimensions: 51.18 x 51.18 x 35.43 in
  • Voltage: 230-400 VOLTS
  • Serial Number: 11020423036
  • Model: MF-8
  • Manufacturer Name: Frewitt
  • Machinery Weight: 496.04 lb
  • Material of Construction: STAINLESS STEEL
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Year: 2012
  • Phase: 3
  • Located in: Israel

We buy Frewitt MF-8 11020423036 230-400 VOLTS 50 HERTZ STAINLESS STEEL in bulk. Click here to get a free valuation.

VWR Scientific 460-0103 230 VOLTS 50/60 HERTZ | Heaters

  • Model: 460-0103
  • Machinery Dimensions: 8.66 x 11.81 x 3.94 in
  • Manufacturer Name: VWR Scientific
  • Machinery Weight: 22.05 lb
  • Voltage: 230 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Antwerpen, Belgium

We buy VWR Scientific 460-0103 230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Varpe CP90 3000 G 62 CPM 380 VOLTS 50 HERTZ 0.75 KW | Check Weighers

  • Model: CP90
  • Capacity Speed: 62 CPM
  • Manufacturer Name: Varpe
  • Current: 0.75 KW
  • Capacity Size: 3000 G
  • Machinery Dimensions: 47.24 x 43.31 x 66.93 in
  • Auto Reject: YES
  • Machinery Weight: 440.92 lb
  • Voltage: 380 VOLTS
  • Year: 2013
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 1
  • Located in: Spain

We buy Varpe CP90 3000 G 62 CPM 380 VOLTS 50 HERTZ 0.75 KW in bulk. Click here to get a free valuation.

Fluke 2635A 7817035 100-240 VOLTS 50/60 HERTZ | Electronic Testing and Measurement Equipment

  • Serial Number: 7817035
  • Machinery Dimensions: 11 x 6 x 4 IN
  • Model: 2635A
  • Manufacturer Name: Fluke
  • Machinery Weight: 15 LBS
  • Voltage: 100-240 VOLTS
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: UT, USA

We buy Fluke 2635A 7817035 100-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

AB Sciex TripleTOF 6600 BR21581511 208 VOLTS 50/60 HERTZ | Mass Spectrometers

  • Machinery Weight: 1925 LBS
  • Machinery Dimensions: 212 x 53 x 64 IN
  • Recommended Packaging Form: CRATE
  • Voltage: 208 VOLTS
  • Type of Mass Spec: TIME OF FLIGHT
  • Model: TripleTOF 6600
  • Serial Number: BR21581511
  • Manufacturer Name: AB Sciex
  • Frequency: 50/60 HERTZ
  • Located in: MA, USA

We buy AB Sciex TripleTOF 6600 BR21581511 208 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Graphic Packaging Placer 120 VOLTS 60 HERTZ 20 AMPS | Labelers

  • Machinery Dimensions: 6 x 5 x 5 FT
  • Model: Placer
  • Manufacturer Name: Graphic Packaging
  • Machinery Weight: 2500 LBS
  • Application Type: WIPE/MERGE
  • Number of Labeling Heads: 1
  • Type of Labeler: INLINE
  • Year: 2007
  • Current: 20 AMPS
  • Phase: 1
  • Voltage: 120 VOLTS
  • Frequency: 60 HERTZ
  • Recommended Packaging Form: PALLET
  • Located in: North America

We buy Graphic Packaging Placer 120 VOLTS 60 HERTZ 20 AMPS in bulk. Click here to get a free valuation.

Escher Wyss 3000 FPM | Calendar Mills

  • Capacity Speed: 3000 FPM
  • Manufacturer Name: Escher Wyss
  • Year: 1986
  • Machinery Weight: 0 LBS
  • Machinery Dimensions: 0 x 0 x 0 IN
  • Located in: North America

We buy Escher Wyss 3000 FPM in bulk. Click here to get a free valuation.

LK Metrology Ltd G-90C 13517 | Coordinate Measuring Machine

  • Model: G-90C
  • Serial Number: 13517
  • Manufacturer Name: LK Metrology Ltd
  • Machinery Weight: 0 Pounds
  • Machinery Dimensions: 0 x 0 x 0 IN
  • Located in: KS, USA

We buy LK Metrology Ltd G-90C 13517 in bulk. Click here to get a free valuation.

Sartorius 22103209 74.96 lb 1.0 G 220 VOLTS 50 HERTZ | Scales

  • Machinery Dimensions: 19.69 x 13.78 x 7.87 in
  • Capacity Size: 74.96 lb
  • Serial Number: 22103209
  • Degree of Precision: 1.0 G
  • Manufacturer Name: Sartorius
  • Machinery Weight: 88.18 lb
  • Frequency: 50 HERTZ
  • Voltage: 220 VOLTS
  • CE Marked: YES
  • Phase: 1
  • Located in: Germany

We buy Sartorius 22103209 74.96 lb 1.0 G 220 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

COLETTE 10.04 gal | Mixers

  • Machinery Weight: 507.06 lb
  • Machinery Dimensions: 14.96 x 26.77 x 46.06 in
  • Capacity Size: 10.04 gal
  • Manufacturer Name: COLETTE
  • Type of mixer: PLANETARY
  • Located in: Europe

We buy COLETTE 10.04 gal 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.

Henkel Loctite 400D 121TAE-002 | Miscellaneous

  • Machinery Weight: 90 Pounds
  • Serial Number: 121TAE-002
  • Model: Loctite 400D
  • Manufacturer Name: Henkel
  • Machinery Dimensions: 24 x 24 x 24 IN
  • CE Marked: YES
  • Year: 2012
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: San Jose, CA, USA

We buy Henkel Loctite 400D 121TAE-002 in bulk. Click here to get a free valuation.

Tema Systems TS-140-F 5.5 GPM STAINLESS STEEL 50/60 HERTZ | Decanter Centrifuges

  • Capacity Speed: 5.5 GPM
  • Model: TS-140-F
  • Manufacturer Name: Tema Systems
  • Machinery Dimensions: 36 x 24 x 24 IN
  • Machinery Weight: 460 LBS
  • Bowl Orientation: HORIZONTAL
  • Year: 1999
  • Material of Construction: STAINLESS STEEL
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: North America

We buy Tema Systems TS-140-F 5.5 GPM STAINLESS STEEL 50/60 HERTZ in bulk. Click here to get a free valuation.