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

Surplus Machinery

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.

Anite ASTRO 8140-e BSE S0027935 100-240 VOLTS 2 AMPS | Miscellaneous

  • Machinery Dimensions: 18 x 16 x 4 IN
  • Serial Number: S0027935
  • Model: ASTRO 8140-e BSE
  • Manufacturer Name: Anite
  • Current: 2 AMPS
  • Machinery Weight: 8 LBS
  • Recommended Packaging Form: 20C (28X20X20)
  • Voltage: 100-240 VOLTS
  • Located in: San Jose, CA, USA

We buy Anite ASTRO 8140-e BSE S0027935 100-240 VOLTS 2 AMPS in bulk. Click here to get a free valuation.

Thermo Scientific VT6060M 41161009 230 VOLTS 50/60 HERTZ | Vacuum Ovens

  • Machinery Dimensions: 43.31 x 29.13 x 19.69 in
  • Temperature Range: 200 DEG C
  • Model: VT6060M
  • Serial Number: 41161009
  • Manufacturer Name: Thermo Scientific
  • Machinery Weight: 132.28 lb
  • Voltage: 230 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Germany

We buy Thermo Scientific VT6060M 41161009 230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Gilson | HPLC

  • Manufacturer Name: Gilson
  • Located in: North America

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

Gnudi diam. 1000 39.37 in 380 VOLTS 50/60 HERTZ no AMPS | Accumulators - Rotary Tables

  • Machinery Dimensions: 47.24 x 39.37 x 51.18 in
  • Model: diam. 1000
  • Manufacturer Name: Gnudi
  • Year: no
  • Current: no AMPS
  • Diameter: 39.37 in
  • Machinery Weight: 881.84 lb
  • Voltage: 380 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 3
  • Located in: Europe

We buy Gnudi diam. 1000 39.37 in 380 VOLTS 50/60 HERTZ no AMPS in bulk. Click here to get a free valuation.

CEM Corporation Phoenix 905401 PS7178 2.5 KW 208-230 VOLTS 60 HERTZ 12 AMPS | Furnaces

  • Machinery Dimensions: 21.65 x 27.56 x 21.65 in
  • Capacity Details: Stainless Steel Chamber of 390x350x220 mm
  • Voltage: 208-230 VOLTS
  • Heating Cooling Requirements: Microwave Frequency 2455 MHz
  • Temperature Range: 1200 DEG C
  • Serial Number: PS7178
  • Model: Phoenix 905401
  • Manufacturer Name: CEM Corporation
  • Current: 12 AMPS
  • Capacity Size: 2.5 KW
  • Year: 2010
  • Machinery Weight: 110.23 lb
  • Recommended Packaging Form: CUSTOM
  • CE Marked: NO
  • Phase: 1
  • Frequency: 60 HERTZ
  • Located in: Distrito Federal, Mexico

We buy CEM Corporation Phoenix 905401 PS7178 2.5 KW 208-230 VOLTS 60 HERTZ 12 AMPS in bulk. Click here to get a free valuation.

B Braun Biotech International GmbH 8864829 230 VOLTS 50 HERTZ 8 AMPS | Shakers

  • Machinery Dimensions: 25.59 x 19.69 x 25.59 in
  • Model: 8864829
  • Manufacturer Name: B Braun Biotech International GmbH
  • Machinery Weight: 110.23 lb
  • Year: 2001
  • Voltage: 230 VOLTS
  • Frequency: 50 HERTZ
  • Current: 8 AMPS
  • Phase: 1
  • Located in: Europe

We buy B Braun Biotech International GmbH 8864829 230 VOLTS 50 HERTZ 8 AMPS in bulk. Click here to get a free valuation.

Thermo Scientific TSQ Quantum | Solid Phase Extractors

  • Model: TSQ Quantum
  • Manufacturer Name: Thermo Scientific
  • Located in: North America

We buy Thermo Scientific TSQ Quantum in bulk. Click here to get a free valuation.

Boucherie TB3-FM 793 850 RPM 220 VOLTS 60 HERTZ 20 AMPS | Inserting/Outserting Machines

  • Machinery Weight: 7627.92 lb
  • Machinery Dimensions: 157.48 x 58.07 x 59.06 in
  • Model: TB3-FM
  • Capacity Speed: 850 RPM
  • Serial Number: 793
  • Manufacturer Name: Boucherie
  • Year: 1999
  • Voltage: 220 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Current: 20 AMPS
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Valle del Cauca, Colombia

We buy Boucherie TB3-FM 793 850 RPM 220 VOLTS 60 HERTZ 20 AMPS in bulk. Click here to get a free valuation.

Carmichael Engineering Limited PG/UK OAM1 C16504 PG/UK 6 BAR 400 VOLTS 50 HERTZ | Horizontal Cartoners

  • Machinery Weight: 14109.44 lb
  • Machinery Dimensions: 457.09 x 62.99 x 74.80 in
  • Serial Number: C16504 PG/UK
  • Model: PG/UK OAM1
  • Manufacturer Name: Carmichael Engineering Limited
  • Product Loading: AUTOMATIC
  • Products Run: Cartons
  • Phase: 3+1
  • Year: 2004
  • Voltage: 400 VOLTS
  • Product Handling: HORIZONTAL
  • Line Motion: CONTINUOUS
  • Air Requirements: 6 BAR
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Located in: Ireland

We buy Carmichael Engineering Limited PG/UK OAM1 C16504 PG/UK 6 BAR 400 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Sotax AT7 Smart -2.4.001 | Dissolution Systems

  • Serial Number: -2.4.001
  • Machinery Dimensions: 31.50 x 19.69 x 19.69 in
  • Model: AT7 Smart
  • Manufacturer Name: Sotax
  • Machinery Weight: 88.18 lb
  • Year: 2003
  • CE Marked: YES
  • Located in: Wehr , Germany

We buy Sotax AT7 Smart -2.4.001 in bulk. Click here to get a free valuation.

Trane CAUCC6052C13 J94D81140 575 VOLTS 60 HERTZ | Miscellaneous

  • Machinery Dimensions: 96 x 120 x 84 IN
  • Serial Number: J94D81140
  • Model: CAUCC6052C13
  • Manufacturer Name: Trane
  • Machinery Weight: 7000 LBS
  • Voltage: 575 VOLTS
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Bolton, ON, Canada

We buy Trane CAUCC6052C13 J94D81140 575 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Anritsu Corporation MF6900A 6201095300,6201129696 100-120/200-240 VOLTS 50/60 HERTZ 350 VA | Miscellaneous

  • Serial Number: 6201095300,6201129696
  • Current: 350 VA
  • Machinery Dimensions: 44 x 15 x 9 IN
  • Model: MF6900A
  • Manufacturer Name: Anritsu Corporation
  • Voltage: 100-120/200-240 VOLTS
  • Machinery Weight: 60 LBS
  • Recommended Packaging Form: 24C (28X24X22)
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: San Jose, CA, USA

We buy Anritsu Corporation MF6900A 6201095300,6201129696 100-120/200-240 VOLTS 50/60 HERTZ 350 VA in bulk. Click here to get a free valuation.

VWR Scientific EPR-1704 SYM-WB32858059-1307 115 VOLTS 60 HERTZ 6.8 AMPS | Refrigerators

  • Machinery Weight: 125 Pounds
  • Machinery Dimensions: 29 x 32 x 68 IN
  • Current: 6.8 AMPS
  • Model: EPR-1704
  • Serial Number: SYM-WB32858059-1307
  • Manufacturer Name: VWR Scientific
  • Type of Refrigerator: UPRIGHT
  • Voltage: 115 VOLTS
  • CE Marked: YES
  • Frequency: 60 HERTZ
  • Recommended Packaging Form: PALLET
  • Located in: MA, USA

We buy VWR Scientific EPR-1704 SYM-WB32858059-1307 115 VOLTS 60 HERTZ 6.8 AMPS in bulk. Click here to get a free valuation.

HPM Machinery 1000 TONS 16 inch 20 inch | Hydraulic Presses

  • Die Area: 48 x 96
  • Shut Height: 20 inch
  • Design Speed: 500 IPM and 180 IPM
  • Stroke: 16 inch
  • Tonnage Rating: 1000 TONS
  • Year: 1951
  • Manufacturer Name: HPM Machinery
  • Machinery Weight: 0 LBS
  • Machinery Dimensions: 0 x 0 x 0 IN
  • Located in: KS, USA

We buy HPM Machinery 1000 TONS 16 inch 20 inch in bulk. Click here to get a free valuation.

Carl Zeiss Inc. OPMI Pico 220 VOLTS 50 HERTZ 2 AMPS | Surgical Instruments

  • Machinery Dimensions: 35.43 x 23.62 x 23.62 in
  • Model: OPMI Pico
  • Manufacturer Name: Carl Zeiss Inc.
  • Current: 2 AMPS
  • Machinery Weight: 55.12 lb
  • Year: 2016
  • Recommended Packaging Form: CRATE
  • Frequency: 50 HERTZ
  • Voltage: 220 VOLTS
  • CE Marked: YES
  • Phase: 1
  • Located in: Europe

We buy Carl Zeiss Inc. OPMI Pico 220 VOLTS 50 HERTZ 2 AMPS in bulk. Click here to get a free valuation.

WATERS Alliance MUX-UV 2488 | HPLC

  • Model: MUX-UV 2488
  • Manufacturer Name: WATERS Alliance
  • Located in: North America

We buy WATERS Alliance MUX-UV 2488 in bulk. Click here to get a free valuation.

Liebherr 220-240 VOLTS 50 HERTZ | Refrigerators

  • Machinery Dimensions: 31.50 x 35.43 x 78.74 in
  • Manufacturer Name: Liebherr
  • Machinery Weight: 440.92 lb
  • Voltage: 220-240 VOLTS
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 1
  • Located in: Switzerland

We buy Liebherr 220-240 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Brooks Automation Inc 002-4149-01 0411-12143 | Wafer Handling

  • Machinery Dimensions: 18 x 4 x 4 IN
  • Model: 002-4149-01
  • Serial Number: 0411-12143
  • Manufacturer Name: Brooks Automation Inc
  • Machinery Weight: 10 LBS
  • Recommended Packaging Form: 19C (22X15X13)
  • Year: 2004
  • Located in: MA, USA

We buy Brooks Automation Inc 002-4149-01 0411-12143 in bulk. Click here to get a free valuation.

Erweka Multicheck no BAR 220 VOLTS 50 HERTZ no AMPS | Hardness Testers

  • Machinery Dimensions: 20.47 x 24.41 x 21.26 in
  • Products Run: tablets
  • Capacity Speed: no CU FT/MIN
  • Year: no
  • Model: Multicheck
  • Current: no AMPS
  • Air Requirements: no BAR
  • Manufacturer Name: Erweka
  • Machinery Weight: 11.02 lb
  • Frequency: 50 HERTZ
  • Voltage: 220 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Phase: 1
  • Located in: Europe

We buy Erweka Multicheck no BAR 220 VOLTS 50 HERTZ no AMPS in bulk. Click here to get a free valuation.

Panasonic SF-L6111W 160200083 115 VOLTS 50/60 HERTZ | Refrigerators

  • Model: SF-L6111W
  • Serial Number: 160200083
  • Manufacturer Name: Panasonic
  • Machinery Dimensions: 64 x 32 x 40 IN
  • Machinery Weight: 400 LBS
  • Voltage: 115 VOLTS
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: MA, USA

We buy Panasonic SF-L6111W 160200083 115 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Portmann Instruments AG SD02 513, 519, 520 230 VOLTS 50 HERTZ 200 WATTS | Miscellaneous

  • Machinery Dimensions: 17.72 x 3.94 x 20.47 in
  • Model: SD02
  • Serial Number: 513, 519, 520
  • Manufacturer Name: Portmann Instruments AG
  • Current: 200 WATTS
  • Machinery Weight: 33.07 lb
  • Voltage: 230 VOLTS
  • Frequency: 50 HERTZ
  • CE Marked: NO
  • Phase: 1
  • Recommended Packaging Form: PALLET
  • Located in: Basel, Basel, Switzerland

We buy Portmann Instruments AG SD02 513, 519, 520 230 VOLTS 50 HERTZ 200 WATTS in bulk. Click here to get a free valuation.

GWA VIBRATING CONVEYOR | Conveyors

  • Machinery Dimensions: 51.18 x 4.72 x 57.09 in
  • Manufacturer Name: GWA
  • Type of Conveyors: VIBRATING CONVEYOR
  • Machinery Weight: 661.38 lb
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy GWA VIBRATING CONVEYOR in bulk. Click here to get a free valuation.

J. S. Petzholdt PVS 5000 7345/1969 575 VOLTS 60 HERTZ | Chocolates

  • Serial Number: 7345/1969
  • Model: PVS 5000
  • Manufacturer Name: J. S. Petzholdt
  • Year: 1969
  • Voltage: 575 VOLTS
  • Machinery Weight: 1 LBS
  • Machinery Dimensions: 1 x 1 x 1 IN
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: ON, Canada

We buy J. S. Petzholdt PVS 5000 7345/1969 575 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

GE Water and Process Technologies RO Titan-72 08-2885364A-02 133 GPM | Miscellaneous

  • Machinery Dimensions: 288 x 72 x 106 IN
  • Capacity Speed: 133 GPM
  • Model: RO Titan-72
  • Serial Number: 08-2885364A-02
  • Manufacturer Name: GE Water and Process Technologies
  • Machinery Weight: 4000 LBS
  • Located in: Skull Valley, UT, USA

We buy GE Water and Process Technologies RO Titan-72 08-2885364A-02 133 GPM in bulk. Click here to get a free valuation.

Hobart Corporation H600 15.86 gal | Mixers

  • Model: H600
  • Manufacturer Name: Hobart Corporation
  • Capacity Size: 15.86 gal
  • 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 15.86 gal in bulk. Click here to get a free valuation.

Ingersoll Rand Centac C35MX2-2RH V-7419 35,95 m³/min 9,5 BAR 250 KW | Air Compressors

  • Machinery Weight: 9182.16 lb
  • Machinery Dimensions: 118.11 x 70.87 x 86.61 in
  • Hours: 24.057
  • Horsepower: 250 KW
  • Pressure Rating (Pressure): 9,5 BAR
  • Heating Cooling Requirements: Watercooled
  • Product Sizing: 35,95 m³/min
  • Capacity Size: 2157 CU M/HR
  • Model: Centac C35MX2-2RH
  • Serial Number: V-7419
  • Manufacturer Name: Ingersoll Rand
  • Produce Being Compressed: Air
  • Year: 2007
  • CE Marked: YES
  • Phase: 3
  • Located in: Belgium, Belgium

We buy Ingersoll Rand Centac C35MX2-2RH V-7419 35,95 m³/min 9,5 BAR 250 KW in bulk. Click here to get a free valuation.

Hualian Machinery BS-4525A 1632114090411; 12060806; 1632116065977; 1632114030112; 1632116065911 1 BPM 220 VOLTS 50 HERTZ 6.5 KW | Wrappers/Overwrappers/Bundlers

  • Machinery Dimensions: 540 x 27 x 39 IN
  • Current: 6.5 KW
  • Model: BS-4525A
  • Serial Number: 1632114090411; 12060806; 1632116065977; 1632114030112; 1632116065911
  • Manufacturer Name: Hualian Machinery
  • Machinery Weight: 3000 LBS
  • Capacity Speed: 1 BPM
  • Frequency: 50 HERTZ
  • Voltage: 220 VOLTS
  • Phase: 1
  • Located in: Medan, Indonesia

We buy Hualian Machinery BS-4525A 1632114090411; 12060806; 1632116065977; 1632114030112; 1632116065911 1 BPM 220 VOLTS 50 HERTZ 6.5 KW in bulk. Click here to get a free valuation.

ESA Corona Ultra CU-0296 100-240 VOLTS 50/60 HERTZ 100 VA | Detectors

  • Machinery Weight: 34 Pounds
  • Machinery Dimensions: 17 x 14 x 9 IN
  • Current: 100 VA
  • Model: Corona Ultra
  • Serial Number: CU-0296
  • Manufacturer Name: ESA
  • Recommended Packaging Form: 19C (22X15X13)
  • Voltage: 100-240 VOLTS
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: MA, USA

We buy ESA Corona Ultra CU-0296 100-240 VOLTS 50/60 HERTZ 100 VA in bulk. Click here to get a free valuation.

Flowserve 1.5AKH3-PFA BALL VALVES ONE WAY | Valves

  • Machinery Dimensions: 12 x 12 x 12 IN
  • Model: 1.5AKH3-PFA
  • Valve Flow: ONE WAY
  • Manufacturer Name: Flowserve
  • Valve Type: BALL VALVES
  • Machinery Weight: 35 LBS
  • Recommended Packaging Form: 12C (12X12X12)
  • Located in: MA, USA

We buy Flowserve 1.5AKH3-PFA BALL VALVES ONE WAY in bulk. Click here to get a free valuation.

Busch NP0250.ALL6.000B U080400558 | Miscellaneous

  • Serial Number: U080400558
  • 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 U080400558 in bulk. Click here to get a free valuation.

NFM L100 26.43 gal 15 KW | Blenders

  • Model: L100
  • Machinery Dimensions: 39.37 x 27.56 x 53.15 in
  • Manufacturer Name: NFM
  • Type of Blender: ROTARY
  • Current: 15 KW
  • Capacity Size: 26.43 gal
  • Machinery Weight: 330.69 lb
  • CE Marked: YES
  • Located in: Europe

We buy NFM L100 26.43 gal 15 KW in bulk. Click here to get a free valuation.

Applied Materials Inc 00013000 35-50 LBS 145 PSI | Actuators

  • Serial Number: 00013000
  • Machinery Dimensions: 10 x 7 x 20 IN
  • Capacity Speed: 145 PSI
  • Capacity Size: 35-50 LBS
  • Type of Actuator: PNEUMATIC
  • Machinery Weight: 30 LBS
  • Manufacturer Name: Applied Materials Inc
  • Recommended Packaging Form: 19C (22X15X13)
  • Located in: CA, USA

We buy Applied Materials Inc 00013000 35-50 LBS 145 PSI in bulk. Click here to get a free valuation.

Packard Bioscience MultiPROBE II | Sample Preparation

  • Model: MultiPROBE II
  • Manufacturer Name: Packard Bioscience
  • Located in: North America

We buy Packard Bioscience MultiPROBE II in bulk. Click here to get a free valuation.

Yaskawa XU-RC350D-D91 S03489-1-01 | Miscellaneous

  • Serial Number: S03489-1-01
  • Machinery Weight: 185 LBS
  • Machinery Dimensions: 29 x 29 x 52 IN
  • Model: XU-RC350D-D91
  • Manufacturer Name: Yaskawa
  • Year: 2011
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: San Jose, CA, USA

We buy Yaskawa XU-RC350D-D91 S03489-1-01 in bulk. Click here to get a free valuation.

Elma S 300 Elmasonic 047414127 240 VOLTS 50/60 HERTZ 300 WATTS | Ultrasonic Cleaners

  • Serial Number: 047414127
  • Machinery Dimensions: 22.44 x 12.99 x 12.99 in
  • Model: S 300 Elmasonic
  • Manufacturer Name: Elma
  • Current: 300 WATTS
  • Machinery Weight: 44.09 lb
  • Voltage: 240 VOLTS
  • Year: 2008
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Italy

We buy Elma S 300 Elmasonic 047414127 240 VOLTS 50/60 HERTZ 300 WATTS in bulk. Click here to get a free valuation.

Agilent Technologies 1200 Series PREP | HPLC

  • Model: 1200 Series PREP
  • Manufacturer Name: Agilent Technologies
  • Located in: North America

We buy Agilent Technologies 1200 Series PREP in bulk. Click here to get a free valuation.

Riken Keiki BL-7000 | Detectors

  • Model: BL-7000
  • Machinery Dimensions: 24 x 17 x 10 IN
  • Manufacturer Name: Riken Keiki
  • Machinery Dimensions: 21 x 17 x 10 IN
  • Machinery Weight: 50 LBS
  • Year: 2004
  • Recommended Packaging Form: 20C (28X20X20)
  • Year: 2002
  • Year: 1995
  • Located in: East Asia/Pacific

We buy Riken Keiki BL-7000 in bulk. Click here to get a free valuation.

Frewitt TC-227 4898910050 Pharmaceutical products 220 VOLTS 60 HERTZ 10 AMPS STAINLESS STEEL | Granulators

  • Machinery Dimensions: 59.06 x 82.68 x 133.86 in
  • Capacity Details: Lift: 400 kg
  • Serial Number: 4898910050
  • Model: TC-227
  • Manufacturer Name: Frewitt
  • Machinery Weight: 2425.06 lb
  • Products Run: Pharmaceutical products
  • Capacity Size: lb
  • Current: 10 AMPS
  • Year: 2003
  • Material of Construction: STAINLESS STEEL
  • Voltage: 220 VOLTS
  • Recommended Packaging Form: CUSTOM
  • CE Marked: NO
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Mexico

We buy Frewitt TC-227 4898910050 Pharmaceutical products 220 VOLTS 60 HERTZ 10 AMPS STAINLESS STEEL in bulk. Click here to get a free valuation.

Technikrom 15 1/2 SLURRY PACKED STAINLESS STEEL | Chromatography Columns

  • Machinery Dimensions: 30 x 30 x 91 IN
  • Column Type: SLURRY PACKED
  • Model: 15 1/2
  • Manufacturer Name: Technikrom
  • Machinery Weight: 500 LBS
  • Material of Construction: STAINLESS STEEL
  • Recommended Packaging Form: CRATE
  • Located in: North America

We buy Technikrom 15 1/2 SLURRY PACKED STAINLESS STEEL in bulk. Click here to get a free valuation.