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

Surplus Machinery

Imaje 7S 220385A 100-240 VOLTS 50/60 HERTZ INK JET | Printing or Code Markers

  • Machinery Dimensions: 19 x 12 x 48 IN
  • Mounted on What: Table
  • Printing on What: Volume Indicators for Medical Device
  • Serial Number: 220385A
  • Model: 7S
  • Manufacturer Name: Imaje
  • Machinery Weight: 50 LBS
  • Year: 2000
  • Method of Code Dater: INK JET
  • Voltage: 100-240 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: CA, USA

We buy Imaje 7S 220385A 100-240 VOLTS 50/60 HERTZ INK JET 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.

Millipore MSP006473 10945 | Water Purification and Still Systems

  • Machinery Dimensions: 43.31 x 55.12 x 66.93 in
  • Model: MSP006473
  • Serial Number: 10945
  • Manufacturer Name: Millipore
  • Machinery Weight: 551.15 lb
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: Switzerland

We buy Millipore MSP006473 10945 in bulk. Click here to get a free valuation.

Label Aire Inc. 2111M | Labelers

  • Model: 2111M
  • Manufacturer Name: Label Aire Inc.
  • Application Type: BLOW
  • Machinery Weight: 0 LBS
  • Machinery Dimensions: 0 x 0 x 0 IN
  • Number of Labeling Heads: 1
  • Type of Labeler: INLINE
  • Located in: North America

We buy Label Aire Inc. 2111M in bulk. Click here to get a free valuation.

Automation Compatible | Miscellaneous

  • Manufacturer Name: Automation Compatible
  • Machinery Dimensions: 48 x 40 x 40 IN
  • Machinery Weight: 200 LBS
  • Located in: Forest, VA, USA

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

Anritsu Corporation MT8820C 6201107240 100-120/200-240 VOLTS 50/60 HERTZ 750 VA | Miscellaneous

  • Serial Number: 6201107240
  • Machinery Weight: 46 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 6201107240 100-120/200-240 VOLTS 50/60 HERTZ 750 VA in bulk. Click here to get a free valuation.

WATERS Alliance UPLC ACQUITY | HPLC

  • Machinery Dimensions: 2 x 3 x 4 FT
  • Model: UPLC ACQUITY
  • Machinery Weight: 145 LBS
  • Manufacturer Name: WATERS Alliance
  • Recommended Packaging Form: CUSTOM
  • Located in: South Asia

We buy WATERS Alliance UPLC ACQUITY in bulk. Click here to get a free valuation.

Sani Fab 71266301 STAINLESS STEEL 0.26 gal 85 PSI 1 IN 1 IN 1 IN | Miscellaneous

  • Internal Temperature Rating: 200 DEG F
  • Internal Pressure Rating: 85 PSI
  • Capacity Size of Vessel: 0.26 gal
  • Serial Number: 71266301
  • Manufacturer Name: Sani Fab
  • Machinery Dimensions: 36 x 36 x 72 IN
  • Inside Diameter: 1 IN
  • Overall Height: 1 IN
  • Straight Side: 1 IN
  • Type of Bottom: Dished
  • Type of Heads: Dished
  • Year: 1997
  • Tank Material of Construction: STAINLESS STEEL
  • Machinery Weight: 500 LBS
  • Agitation: NO
  • Jacketed: NO
  • Located in: Lakeville, MN, USA

We buy Sani Fab 71266301 STAINLESS STEEL 0.26 gal 85 PSI 1 IN 1 IN 1 IN in bulk. Click here to get a free valuation.

Leitz LaborluxD 110-250 VOLTS 50/60 HERTZ | Miscellaneous

  • Machinery Dimensions: 9.06 x 15.75 x 15.75 in
  • Model: LaborluxD
  • Voltage: 110-250 VOLTS
  • Manufacturer Name: Leitz
  • Type of Microscope: BINOCULAR
  • Machinery Weight: 33.07 lb
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • CE Marked: NO
  • Located in: Basel, Basel, Switzerland

We buy Leitz LaborluxD 110-250 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Applied Materials Inc 0010-26749 34410-12 35-50 LBS 145 PSI | Actuators

  • Serial Number: 34410-12
  • Model: 0010-26749
  • 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 0010-26749 34410-12 35-50 LBS 145 PSI in bulk. Click here to get a free valuation.

Leroy Somer LS100L 060859CA017KG 220 VOLTS 50 HERTZ 1.10 KW | Motors

  • Machinery Dimensions: 31.50 x 13.78 x 25.59 in
  • Current: 1.10 KW
  • Model: LS100L
  • Serial Number: 060859CA017KG
  • Manufacturer Name: Leroy Somer
  • Machinery Weight: 77.16 lb
  • Frequency: 50 HERTZ
  • Voltage: 220 VOLTS
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: Switzerland

We buy Leroy Somer LS100L 060859CA017KG 220 VOLTS 50 HERTZ 1.10 KW in bulk. Click here to get a free valuation.

Baykal Aph 1985 | Hydraulic Presses

  • Machinery Weight: 8906.58 lb
  • Machinery Dimensions: 104.33 x 39.37 x 90.55 in
  • Model: Aph 1985
  • Manufacturer Name: Baykal
  • Year: 1986
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy Baykal Aph 1985 in bulk. Click here to get a free valuation.

Atec H09100-02 15.86 gal STAINLESS STEEL 0.04 in 0.04 in 0.04 in | Tanks

  • Capacity of Tank: 15.86 gal
  • Serial Number: H09100-02
  • Machinery Dimensions: 47.24 x 39.37 x 70.87 in
  • Straight Side: 0.04 in
  • Overall Height: 0.04 in
  • Inside Diameter: 0.04 in
  • Jacket Pressure Rating: -1 to 5 BAR
  • Internal Pressure Rating: -1 to 3 BAR
  • Manufacturer Name: Atec
  • Jacket Temperature Rating: 150 DEG C
  • Internal Temperature Rating: 150 DEG C
  • Type of Top Head: DISHED
  • How Many Types of Agitation: SINGLE
  • Vertical or Horizontal: VERTICAL
  • Jacketed: YES
  • Agitation: YES
  • Type of Bottom Head: FLAT
  • Tank Material of Construction: STAINLESS STEEL
  • Machinery Weight: 330.69 lb
  • Year: 2014
  • CE Marked: YES
  • Located in: Switzerland

We buy Atec H09100-02 15.86 gal STAINLESS STEEL 0.04 in 0.04 in 0.04 in in bulk. Click here to get a free valuation.

Quimis Q315M13 110 VOLTS 600 WATTS | Drying Ovens

  • Model: Q315M13
  • Manufacturer Name: Quimis
  • Current: 600 WATTS
  • Machinery Dimensions: 0.00 x 0.00 x 0.00 in
  • Machinery Weight: 0.00 lb
  • Voltage: 110 VOLTS
  • Located in: Brazil

We buy Quimis Q315M13 110 VOLTS 600 WATTS in bulk. Click here to get a free valuation.

Mettler Toledo | Miscellaneous

  • Machinery Dimensions: 7 x 6 x 2 IN
  • Manufacturer Name: Mettler Toledo
  • Machinery Weight: 1 LBS
  • Recommended Packaging Form: 12C (12X12X12)
  • Located in: Forest, VA, USA

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

SVResearch 51402B 400 VOLTS | Imagers

  • Machinery Dimensions: 24 x 29 x 59 IN
  • Serial Number: 51402B
  • Manufacturer Name: SVResearch
  • Machinery Weight: 250 LBS
  • Year: 2004
  • Voltage: 400 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: PALLET
  • Located in: MA, USA

We buy SVResearch 51402B 400 VOLTS in bulk. Click here to get a free valuation.

GAI SpA 5032 FE Beer Bottles 16 OZ 5000 BPH | Monobloc Filler-Capper Combination

  • Machinery Dimensions: 120 x 60 x 80 IN
  • Average operating speed: 5000 BPH
  • Application Range (Ex Min/Max Range Size Bottles or Tubes, Shape of Bottle): 16 OZ
  • Current Application (Products,Sizes Run and Shape of Bottle): Beer Bottles
  • Model: 5032 FE
  • Manufacturer Name: GAI SpA
  • Type of Capping: CRIMP
  • Type of Capper: ROTARY
  • Type of Filler: ROTARY
  • Machinery Weight: 2000 LBS
  • Located in: North America

We buy GAI SpA 5032 FE Beer Bottles 16 OZ 5000 BPH in bulk. Click here to get a free valuation.

Harro Hoefliger Packaging Machines GmbH KWS 6-L 4161.001.97 60000 CPH 400 VOLTS 50 HERTZ | Capsule Counters

  • Machinery Dimensions: 116.14 x 31.50 x 64.96 in
  • Capacity Speed: 60000 CPH
  • Model: KWS 6-L
  • Serial Number: 4161.001.97
  • Manufacturer Name: Harro Hoefliger Packaging Machines GmbH
  • Machinery Weight: 1432.99 lb
  • Year: 1997
  • Phase: 3+1
  • Voltage: 400 VOLTS
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Located in: Wales, United Kingdom

We buy Harro Hoefliger Packaging Machines GmbH KWS 6-L 4161.001.97 60000 CPH 400 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

IKA Werke RW 20 DZM 523440 220 VOLTS 50 HERTZ 70 WATTS | Stirrers and Hot Plates

  • Machinery Dimensions: 14.57 x 3.94 x 11.81 in
  • Serial Number: 523440
  • Model: RW 20 DZM
  • Manufacturer Name: IKA Werke
  • Current: 70 WATTS
  • Machinery Weight: 4.41 lb
  • Frequency: 50 HERTZ
  • Voltage: 220 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 1
  • Located in: Wales, United Kingdom

We buy IKA Werke RW 20 DZM 523440 220 VOLTS 50 HERTZ 70 WATTS in bulk. Click here to get a free valuation.

Leap Technologies PAL Autosampler CombiPal 111602 | Analytical Equipment

  • Machinery Weight: 115 LBS
  • Machinery Dimensions: 14 x 12 x 12 IN
  • Model: CombiPal
  • Serial Number: 111602
  • Manufacturer Name: Leap Technologies PAL Autosampler
  • Recommended Packaging Form: CUSTOM
  • Located in: MA, USA

We buy Leap Technologies PAL Autosampler CombiPal 111602 in bulk. Click here to get a free valuation.

Tecno Europa 50/60 HERTZ | Check Weighers

  • Machinery Dimensions: 36 x 24 x 75 IN
  • Manufacturer Name: Tecno Europa
  • Year: 1984
  • Machinery Weight: 800 LBS
  • Frequency: 50/60 HERTZ
  • Located in: Europe

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

Bosch Packaging Technology FSM - 2007 C 380 VOLTS 18000 BPH | Vial Filling Lines

  • Machinery Dimensions: 157.48 x 59.06 x 82.68 in
  • Model: FSM - 2007 C
  • Capacity Speed: 18000 BPH
  • Manufacturer Name: Bosch Packaging Technology
  • Frequency: 50/60
  • Year: 1993
  • Voltage: 380 VOLTS
  • Machinery Weight: 4409.20 lb
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: Europe

We buy Bosch Packaging Technology FSM - 2007 C 380 VOLTS 18000 BPH 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.

Perkin Elmer OPTIMA 7000 DV 220 VOLTS 50/60 HERTZ 2800 VA | ICP

  • Machinery Dimensions: 52 x 32 x 30 IN
  • Current: 2800 VA
  • Heating Cooling Requirements: 132
  • Model: OPTIMA 7000 DV
  • Year: 2010
  • Machinery Weight: 1000 LBS
  • Manufacturer Name: Perkin Elmer
  • Voltage: 220 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Brazil

We buy Perkin Elmer OPTIMA 7000 DV 220 VOLTS 50/60 HERTZ 2800 VA in bulk. Click here to get a free valuation.

Waters Q-TOF Micro | Mass Spectrometers

  • Model: Q-TOF Micro
  • Machinery Dimensions: 60 x 60 x 50 IN
  • Manufacturer Name: Waters
  • Machinery Weight: 600 LBS
  • Type of Mass Spec: Q-TOF
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: North America

We buy Waters Q-TOF Micro in bulk. Click here to get a free valuation.

IMA Matic 120 2295 120000 CPH 480 VOLTS 60 HERTZ 30 AMPS | Miscellaneous

  • Machinery Dimensions: 72 x 72 x 84 IN
  • Products Run: Powder or Pellets
  • Product Sizing: Powder- 0, 1, 2, 3, 4 Pellet- 0, 1, 2, 3, 4
  • Capacity Speed: 120000 CPH
  • Serial Number: 2295
  • Model: Matic 120
  • Manufacturer Name: IMA
  • Current: 30 AMPS
  • Year: 2000
  • Machinery Weight: 5000 Pounds
  • CE Marked: YES
  • Voltage: 480 VOLTS
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Forest, VA, USA

We buy IMA Matic 120 2295 120000 CPH 480 VOLTS 60 HERTZ 30 AMPS in bulk. Click here to get a free valuation.

Rohde and Schwarz CMW-Z24 101568 | Miscellaneous

  • Serial Number: 101568
  • Machinery Dimensions: 20 x 19 x 3 IN
  • Model: CMW-Z24
  • Manufacturer Name: Rohde and Schwarz
  • Machinery Weight: 9 LBS
  • Recommended Packaging Form: 24C (28X24X22)
  • Located in: San Jose, CA, USA

We buy Rohde and Schwarz CMW-Z24 101568 in bulk. Click here to get a free valuation.

Collette Gral 1200 1200 liter 480 VOLTS 60 HERTZ STAINLESS STEEL | Miscellaneous

  • Product Sizing: 1200 liter
  • Model: Gral 1200
  • Manufacturer Name: Collette
  • Machinery Weight: 0 LBS
  • Machinery Dimensions: 0 x 0 x 0 IN
  • Material of Construction: STAINLESS STEEL
  • Voltage: 480 VOLTS
  • CE Marked: NO
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Forest, VA, USA

We buy Collette Gral 1200 1200 liter 480 VOLTS 60 HERTZ STAINLESS STEEL in bulk. Click here to get a free valuation.

Thermo Scientific 4001/4 3SGQ076011 100-240 VOLTS 50/60 HERTZ 1 AMPS | Miscellaneous

  • Machinery Dimensions: 12.99 x 12.99 x 7.87 in
  • Serial Number: 3SGQ076011
  • Model: 4001/4
  • Manufacturer Name: Thermo Scientific
  • Current: 1 AMPS
  • Machinery Weight: 22.05 lb
  • Voltage: 100-240 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: Bridgend , Wales, United Kingdom

We buy Thermo Scientific 4001/4 3SGQ076011 100-240 VOLTS 50/60 HERTZ 1 AMPS in bulk. Click here to get a free valuation.

Salvis Lab WKB25 333080/006 220 VOLTS 50/60 HERTZ | Waterbaths and Circulators

  • Machinery Dimensions: 25.20 x 14.17 x 12.99 in
  • Model: WKB25
  • Serial Number: 333080/006
  • Manufacturer Name: Salvis Lab
  • Machinery Weight: 22.05 lb
  • Voltage: 220 VOLTS
  • Frequency: 50/60 HERTZ
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: Switzerland

We buy Salvis Lab WKB25 333080/006 220 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Velocity11 08344.006 20.00236.xx60 100-240 VOLTS 50/60 HERTZ 4 AMPS | Microplate Handler/Stackers

  • Serial Number: 20.00236.xx60
  • Machinery Weight: 93 LBS
  • Machinery Dimensions: 51 x 8 x 18 IN
  • Model: 08344.006
  • Manufacturer Name: Velocity11
  • Current: 4 AMPS
  • Voltage: 100-240 VOLTS
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: CA, USA

We buy Velocity11 08344.006 20.00236.xx60 100-240 VOLTS 50/60 HERTZ 4 AMPS in bulk. Click here to get a free valuation.

Waters QTOF Premier | Mass Spectrometers

  • Model: QTOF Premier
  • Machinery Dimensions: 40 x 40 x 60 IN
  • Manufacturer Name: Waters
  • Machinery Weight: 500 LBS
  • Type of Mass Spec: Q-TOF
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: North America

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

RAMSEY ICORE FDA | Check Weighers

  • Machinery Dimensions: 51.18 x 29.53 x 66.93 in
  • Model: FDA
  • Manufacturer Name: RAMSEY ICORE
  • Machinery Weight: 330.69 lb
  • Year: 1996
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy RAMSEY ICORE FDA in bulk. Click here to get a free valuation.

Eriez Magnetics N4X-VFT|115 115 VOLTS 60 HERTZ 1.8 AMPS | Miscellaneous

  • Machinery Dimensions: 36 x 42 x 60 IN
  • Current: 1.8 AMPS
  • Model: N4X-VFT|115
  • Manufacturer Name: Eriez Magnetics
  • Voltage: 115 VOLTS
  • Machinery Weight: 500 LBS
  • Phase: 1
  • Frequency: 60 HERTZ
  • Located in: Lakeville, MN, USA

We buy Eriez Magnetics N4X-VFT|115 115 VOLTS 60 HERTZ 1.8 AMPS 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.

Spirent Communications GSS6700 1091 | Miscellaneous

  • Serial Number: 1091
  • Model: GSS6700
  • Manufacturer Name: Spirent Communications
  • Machinery Dimensions: 18 x 16 x 4 IN
  • Machinery Weight: 16 LBS
  • Recommended Packaging Form: 20C (28X20X20)
  • CE Marked: YES
  • Located in: San Jose, CA, USA

We buy Spirent Communications GSS6700 1091 in bulk. Click here to get a free valuation.

Accurate 54439-01B-PWM 110 VOLTS 60 HERTZ 8 AMPS | Miscellaneous

  • Machinery Dimensions: 36 x 60 x 84 IN
  • Serial Number: 54439-01B-PWM
  • Voltage: 110 VOLTS
  • Machinery Weight: 500 LBS
  • Manufacturer Name: Accurate
  • Current: 8 AMPS
  • Phase: 1
  • Frequency: 60 HERTZ
  • Located in: Bolton, ON, Canada

We buy Accurate 54439-01B-PWM 110 VOLTS 60 HERTZ 8 AMPS in bulk. Click here to get a free valuation.

MQ1 Tobec RIPS/4 Hand grading system MQ4/99015 220/440 VOLTS 50 HERTZ PARTICLE SIZE | Analyzers

  • Machinery Dimensions: 86.61 x 35.43 x 70.87 in
  • Model: RIPS/4 Hand grading system
  • Serial Number: MQ4/99015
  • Manufacturer Name: MQ1 Tobec
  • Voltage: 220/440 VOLTS
  • Type: PARTICLE SIZE
  • Machinery Weight: 0.00 lb
  • Year: 1999
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 1
  • Located in: Spain

We buy MQ1 Tobec RIPS/4 Hand grading system MQ4/99015 220/440 VOLTS 50 HERTZ PARTICLE SIZE in bulk. Click here to get a free valuation.

Farason Automation 400 VOLTS 50 HERTZ 6 BAR | Powder Filling Lines

  • Machinery Weight: 202823.20 lb
  • Machinery Dimensions: 4402.36 x 96.46 x 118.11 in
  • Manufacturer Name: Farason Automation
  • Phase: 3+1
  • Year: 2010
  • Voltage: 400 VOLTS
  • Air Requirements: 6 BAR
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Located in: Wales, United Kingdom

We buy Farason Automation 400 VOLTS 50 HERTZ 6 BAR 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.