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

Surplus Machinery

Anritsu Corporation MT8820C 6201107505 | Miscellaneous

  • Serial Number: 6201107505
  • Machinery Dimensions: 23 x 18 x 10 IN
  • Model: MT8820C
  • Manufacturer Name: Anritsu Corporation
  • Machinery Weight: 53 LBS
  • Recommended Packaging Form: 20C (28X20X20)
  • CE Marked: YES
  • Located in: San Jose, CA, USA

We buy Anritsu Corporation MT8820C 6201107505 in bulk. Click here to get a free valuation.

Yaskawa XU-RC350D-D91 S92966-1-01 | Robotics

  • Serial Number: S92966-1-01
  • Machinery Dimensions: 29 x 29 x 52 IN
  • Model: XU-RC350D-D91
  • Manufacturer Name: Yaskawa
  • Machinery Weight: 188 LBS
  • Year: 2010
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: CA, USA

We buy Yaskawa XU-RC350D-D91 S92966-1-01 in bulk. Click here to get a free valuation.

Busch NP0250.ALL6.000B U082103228 | Miscellaneous

  • Serial Number: U082103228
  • 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 U082103228 in bulk. Click here to get a free valuation.

Zanasi RV – 59 / R | Fillers

  • Machinery Dimensions: 59.06 x 55.12 x 74.80 in
  • Model: RV – 59 / R
  • Manufacturer Name: Zanasi
  • Machinery Weight: 3306.90 lb
  • Type of Filler: ROTARY
  • Recommended Packaging Form: PALLET
  • Located in: Europe

We buy Zanasi RV – 59 / R in bulk. Click here to get a free valuation.

Sotax AT7 Smart 05.4.030; CN22805034;0325-0275 220 VOLTS 50 HERTZ | Dissolution Systems

  • Machinery Dimensions: 75.20 x 23.62 x 37.80 in
  • Serial Number: 05.4.030; CN22805034;0325-0275
  • Model: AT7 Smart
  • Manufacturer Name: Sotax
  • Machinery Weight: 121.25 lb
  • Frequency: 50 HERTZ
  • Voltage: 220 VOLTS
  • CE Marked: YES
  • Phase: 1
  • Located in: Germany

We buy Sotax AT7 Smart 05.4.030; CN22805034;0325-0275 220 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Becomix LVM 8000 4 BAR 2114.08 gal | Mixers

  • Capacity Size: 2114.08 gal
  • Model: LVM 8000
  • Jacket Temperature Rating: 152 DEG C
  • Manufacturer Name: Becomix
  • Jacket Pressure Rating: 4 BAR
  • Machinery Dimensions: 196.85 x 196.85 x 196.85 in
  • Jacketed: YES
  • Machinery Weight: 661.38 lb
  • Recommended Packaging Form: CUSTOM
  • Located in: Germany

We buy Becomix LVM 8000 4 BAR 2114.08 gal in bulk. Click here to get a free valuation.

Maassen GmbH MP150 MP150 565214 | Hydraulic Presses

  • Model: MP150
  • Serial Number: MP150 565214
  • Manufacturer Name: Maassen GmbH
  • Machinery Dimensions: 15.75 x 11.81 x 19.69 in
  • Machinery Weight: 77.16 lb
  • Located in: Germany

We buy Maassen GmbH MP150 MP150 565214 in bulk. Click here to get a free valuation.

Laguna MDCXF102203 220 VOLTS | Dust Collectors

  • Machinery Weight: 948 LBS
  • Machinery Dimensions: 75 x 39 x 111 IN
  • Length of Bags: 740x1300mmL
  • Products Run: yes
  • Model: MDCXF102203
  • Manufacturer Name: Laguna
  • Material of Construction: ALUMINIUM
  • Year: 2019
  • Voltage: 220 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Located in: CA, USA

We buy Laguna MDCXF102203 220 VOLTS in bulk. Click here to get a free valuation.

Proctor Schwartz 300 KG/HR CARBON STEEL | Apron/Belt Dryers

  • Machinery Dimensions: 393.70 x 2000 x 196.85 in
  • Capacity Speed: 300 KG/HR
  • Manufacturer Name: Proctor Schwartz
  • Machinery Weight: 22046.00 lb
  • Recommended Packaging Form: CUSTOM
  • Material of Construction: CARBON STEEL
  • Located in: CE, Brazil

We buy Proctor Schwartz 300 KG/HR CARBON STEEL in bulk. Click here to get a free valuation.

Applikon Biotechnology ADI 1030 | Bioreactors

  • Model: ADI 1030
  • Manufacturer Name: Applikon Biotechnology
  • Located in: North America

We buy Applikon Biotechnology ADI 1030 in bulk. Click here to get a free valuation.

Farrel 2000 FPM | Calendar Mills

  • Capacity Speed: 2000 FPM
  • Manufacturer Name: Farrel
  • Machinery Weight: 0 LBS
  • Machinery Dimensions: 0 x 0 x 0 IN
  • Located in: North America

We buy Farrel 2000 FPM in bulk. Click here to get a free valuation.

Promec ROTONECK.1S 5.000 BPH 380 VOLTS 50 HERTZ | Rinsers

  • Machinery Dimensions: 66.93 x 59.06 x 86.61 in
  • Capacity Speed: 5.000 BPH
  • Model: ROTONECK.1S
  • Manufacturer Name: Promec
  • Machinery Weight: 2865.98 lb
  • Year: 1994
  • Voltage: 380 VOLTS
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 1
  • Located in: Europe

We buy Promec ROTONECK.1S 5.000 BPH 380 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Metronic UDA 150 S 230 VOLTS 2,8 AMPS INK TRANSFER | Printing or Code Markers

  • Machinery Dimensions: 53.15 x 19.41 x 23.62 in
  • Current: 2,8 AMPS
  • Model: UDA 150 S
  • Manufacturer Name: Metronic
  • Method of Code Dater: INK TRANSFER
  • Frequency: 50/60
  • Machinery Weight: 176.37 lb
  • Voltage: 230 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy Metronic UDA 150 S 230 VOLTS 2,8 AMPS INK TRANSFER in bulk. Click here to get a free valuation.

TAD ABT100 380 VOLTS 50 HERTZ | Feeders and Straighteners

  • Machinery Dimensions: 78.74 x 24.80 x 110.24 in
  • Model: ABT100
  • Manufacturer Name: TAD
  • Voltage: 380 VOLTS
  • Machinery Weight: 220.46 lb
  • Frequency: 50 HERTZ
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy TAD ABT100 380 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

B Braun Medical Inc 123 23959; 23581 120 VOLTS 50/60 HERTZ | Infusion Pumps

  • Machinery Dimensions: 12 x 10 x 12 IN
  • Model: 123
  • Serial Number: 23959; 23581
  • Manufacturer Name: B Braun Medical Inc
  • Machinery Weight: 50 LBS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Voltage: 120 VOLTS
  • Located in: NJ, USA

We buy B Braun Medical Inc 123 23959; 23581 120 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Solidpack LPA101 1005 | Packaging Lines

  • Model: LPA101
  • Manufacturer Name: Solidpack
  • Serial Number: 1005
  • Year: 2011
  • CE Marked: YES
  • Located in: Poland

We buy Solidpack LPA101 1005 in bulk. Click here to get a free valuation.

Memmert GmbH Co.Kg INP500 E507.0059;E507.0060;E507.0061;R507.0016 | Incubators

  • Machinery Dimensions: 78.74 x 19.69 x 23.62 in
  • Model: INP500
  • Serial Number: E507.0059;E507.0060;E507.0061;R507.0016
  • Manufacturer Name: Memmert GmbH Co.Kg
  • Machinery Weight: 1322.76 lb
  • Year: 2007
  • Located in: Singapore, Singapore

We buy Memmert GmbH Co.Kg INP500 E507.0059;E507.0060;E507.0061;R507.0016 in bulk. Click here to get a free valuation.

Gera Filtration Technology B020-KS4 100549680508 240 VOLTS 50/60 HERTZ 0.04 in | Hoods

  • Machinery Dimensions: 70.87 x 21.65 x 23.62 in
  • Depth: 1
  • Diameter: 0.04 in
  • Dimension Notes: n/a
  • Serial Number: 100549680508
  • Model: B020-KS4
  • Manufacturer Name: Gera Filtration Technology
  • Voltage: 240 VOLTS
  • Machinery Weight: 1102.30 lb
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Located in: Antwerpen, Belgium

We buy Gera Filtration Technology B020-KS4 100549680508 240 VOLTS 50/60 HERTZ 0.04 in in bulk. Click here to get a free valuation.

CAM Packaging Systems AV 5/6 BAR 380 VOLTS 50 HERTZ | Vertical Cartoners

  • Product Sizing: Carton length (A) mm 20-115 Carton width (B) mm 15-75 Carton height (C) mm 50-195
  • Manufacturer Name: CAM Packaging Systems
  • Air Requirements: 5/6 BAR
  • Machinery Dimensions: 129.92 x 62.99 x 66.93 in
  • Closure: GLUE TOP & BOTTOM
  • Line Motion: INTERMITTENT
  • Model: AV
  • Machinery Weight: 2645.52 lb
  • Voltage: 380 VOLTS
  • Frequency: 50 HERTZ
  • Recommended Packaging Form: CUSTOM
  • Year: 1998
  • Located in: Europe

We buy CAM Packaging Systems AV 5/6 BAR 380 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Imaje Jaime 1000 S4 0160217A 50/60 HERTZ | Printers

  • Machinery Dimensions: 21.65 x 29.53 x 62.99 in
  • Current: 1.5 / 0.85 AMPS
  • Voltage: 100-120 / 200-240 VOLTS
  • Model: Jaime 1000 S4
  • Serial Number: 0160217A
  • Manufacturer Name: Imaje
  • Machinery Weight: 330.69 lb
  • Year: 2000
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Mexico DF, Mexico

We buy Imaje Jaime 1000 S4 0160217A 50/60 HERTZ in bulk. Click here to get a free valuation.

Pontifex 100 Cubic Meters 10006808, F3719/2 141.73 in 625.98 in 118.11 in 0.5 BAR STAINLESS STEEL | Vessels

  • Serial Number: 10006808, F3719/2
  • Machinery Weight: 20998.81 lb
  • Machinery Dimensions: 625.98 x 141.73 x 141.73 in
  • Pressure Rating (Pressure): 0.5 BAR
  • Straight Side (T/T): 13800mm
  • Inside Diameter: 118.11 in
  • Overall Height: 625.98 in
  • Outside Diameter: 141.73 in
  • Inlets/Outlets: 5 Inlets + 1 Outlet
  • Capacity Size: 100 CU M
  • Model: 100 Cubic Meters
  • Manufacturer Name: Pontifex
  • Top and Bottom Heads: DISHED TOP/DISHED BOTTOM
  • Pressure Rating (Temperature): 50 DEG C
  • Material of Construction: STAINLESS STEEL
  • Year: 2009
  • CE Marked: YES
  • Located in: Lincolnshire, United Kingdom

We buy Pontifex 100 Cubic Meters 10006808, F3719/2 141.73 in 625.98 in 118.11 in 0.5 BAR STAINLESS STEEL in bulk. Click here to get a free valuation.

ASGO MACC 7019 STAINLESS STEEL | Cutters

  • Machinery Dimensions: 137.80 x 78.74 x 31.50 in
  • Model: MACC
  • Serial Number: 7019
  • Manufacturer Name: ASGO
  • Year: 1987
  • Machinery Weight: 0.00 lb
  • Material of Construction: STAINLESS STEEL
  • CE Marked: YES
  • Located in: Spain

We buy ASGO MACC 7019 STAINLESS STEEL in bulk. Click here to get a free valuation.

PE Labelers Futura N KB 788 Plastic Bottles 5 BAR 220 VOLTS 60 HERTZ 11 KW | Labelers

  • Machinery Dimensions: 212.60 x 78.74 x 94.49 in
  • Current: 11 KW
  • Model: Futura N
  • Serial Number: KB 788
  • Manufacturer Name: PE Labelers
  • Capacity Details: Individual Label with hot melt glue
  • Location of Labels on Product: On bottle side
  • Products Run: Plastic Bottles
  • Air Requirements: 5 BAR
  • Type of Label: PAPER
  • Type of Labeler: ROTARY
  • Machinery Weight: 5511.50 lb
  • Application Type: WIPE/MERGE
  • Number of Labeling Heads: 1
  • Year: 2002
  • Voltage: 220 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Nuevo Leon, Mexico

We buy PE Labelers Futura N KB 788 Plastic Bottles 5 BAR 220 VOLTS 60 HERTZ 11 KW in bulk. Click here to get a free valuation.

IKA RW47 220 VOLTS 60 HERTZ 0.32 KW | Mixers

  • Machinery Dimensions: 37.80 x 52.76 x 87.80 in
  • Model: RW47
  • Manufacturer Name: IKA
  • Type of mixer: CONVENTIONAL
  • Current: 0.32 KW
  • Machinery Weight: 2.20 lb
  • Voltage: 220 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Frequency: 60 HERTZ
  • Located in: Sao Paulo, Brazil

We buy IKA RW47 220 VOLTS 60 HERTZ 0.32 KW in bulk. Click here to get a free valuation.

Tease Eletronica Ltda AP55-125 TEM 14012 60 HERTZ | Transformers

  • Machinery Dimensions: 18.90 x 26.77 x 47.24 in
  • KVA: 125
  • Model: AP55-125 TEM
  • Serial Number: 14012
  • Manufacturer Name: Tease Eletronica Ltda
  • Machinery Weight: 705.47 lb
  • Year: 2014
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: MG, Brazil

We buy Tease Eletronica Ltda AP55-125 TEM 14012 60 HERTZ in bulk. Click here to get a free valuation.

VWR Scientific Vistavision 120 VOLTS | Microscopes

  • Machinery Dimensions: 20 x 12 x 19 IN
  • Model: Vistavision
  • Type of Microscope: INVERTED
  • Machinery Weight: 24 LBS
  • Manufacturer Name: VWR Scientific
  • Recommended Packaging Form: 20C (28X20X20)
  • Voltage: 120 VOLTS
  • Located in: CA, USA

We buy VWR Scientific Vistavision 120 VOLTS in bulk. Click here to get a free valuation.

Waters 3100 MBA428 SINGLE QUAD 200-240 VOLTS 50/60 HERTZ 900 VA | Mass Spectrometers

  • Machinery Weight: 683.43 lb
  • Machinery Dimensions: 118.50 x 39.37 x 511.81 in
  • Serial Number: MBA428
  • Current: 900 VA
  • Model: 3100
  • Manufacturer Name: Waters
  • Type of Mass Spec: SINGLE QUAD
  • Voltage: 200-240 VOLTS
  • Year: 2011
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Wales, United Kingdom

We buy Waters 3100 MBA428 SINGLE QUAD 200-240 VOLTS 50/60 HERTZ 900 VA in bulk. Click here to get a free valuation.

Xcellerex 609033-8627-102/10 52.85 gal 24.80 in 43.31 in 23.23 in 230 VOLTS 50/60 HERTZ 10 AMPS | Tanks

  • Serial Number: 609033-8627-102/10
  • Machinery Dimensions: 39.37 x 31.50 x 43.31 in
  • Straight Side: 23.23 in
  • Overall Height: 43.31 in
  • Inside Diameter: 24.80 in
  • Tank Material of Construction: PLASTIC
  • Manufacturer Name: Xcellerex
  • Capacity of Tank: 52.85 gal
  • Current: 10 AMPS
  • Machinery Weight: 110.23 lb
  • Voltage: 230 VOLTS
  • Frequency: 50/60 HERTZ
  • Agitation: NO
  • Jacketed: NO
  • Phase: 1
  • Located in: Netherlands

We buy Xcellerex 609033-8627-102/10 52.85 gal 24.80 in 43.31 in 23.23 in 230 VOLTS 50/60 HERTZ 10 AMPS in bulk. Click here to get a free valuation.

Aquastore 2519TT 8050206 68000 GALS PAD MOUNTED 25.18 FT 25.0 FT 19.26 FT 19.26 FT | Tanks

  • Model: 2519TT
  • Serial Number: 8050206
  • Machinery Weight: 25000 LBS
  • Machinery Dimensions: 25.18 x 25.18 x 19.26 FT
  • Straight Side: 19.26 FT
  • Overall Height: 19.26 FT
  • Inside Diameter: 25.0 FT
  • Outside Diameter: 25.18 FT
  • Tank Material of Construction: SANITARY STAINLESS STEEL
  • Capacity of Tank: 68000 GALS
  • Manufacturer Name: Aquastore
  • Installation Type: PAD MOUNTED
  • Vertical or Horizontal: VERTICAL
  • Type of Bottom Head: FLAT
  • Type of Top Head: FLAT
  • Glass Lined - Does Vessel Have Plugs: NO
  • Recommended Packaging Form: CUSTOM
  • Agitation: NO
  • Jacketed: NO
  • CE Marked: NO
  • Located in: PR, USA

We buy Aquastore 2519TT 8050206 68000 GALS PAD MOUNTED 25.18 FT 25.0 FT 19.26 FT 19.26 FT in bulk. Click here to get a free valuation.

CAM G35 AO358.05.G35 35 CPM 400 VOLTS 50 HERTZ 15 AMPS | Overwrappers

  • Machinery Weight: 4034.42 lb
  • Machinery Dimensions: 106.30 x 53.15 x 68.90 in
  • Serial Number: AO358.05.G35
  • Model: G35
  • Capacity Speed: 35 CPM
  • Manufacturer Name: CAM
  • Year: 2004
  • Voltage: 400 VOLTS
  • Current: 15 AMPS
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: Poland

We buy CAM G35 AO358.05.G35 35 CPM 400 VOLTS 50 HERTZ 15 AMPS in bulk. Click here to get a free valuation.

Perkin Elmer HTC PAL STACK 140990 | Liquid Handlers

  • Machinery Weight: 19 LBS
  • Machinery Dimensions: 17 x 10 x 10 IN
  • Model: HTC PAL STACK
  • Serial Number: 140990
  • Recommended Packaging Form: 19C (22X15X13)
  • Manufacturer Name: Perkin Elmer
  • Located in: CA, USA

We buy Perkin Elmer HTC PAL STACK 140990 in bulk. Click here to get a free valuation.

Varian ProStar 115/230 VOLTS 50/60 HERTZ | HPLC

  • Machinery Dimensions: 85 x 20 x 30 IN
  • Sample Capacity: 84
  • Model: ProStar
  • Manufacturer Name: Varian
  • Machinery Weight: 170 LBS
  • Voltage: 115/230 VOLTS
  • Type of Detector for HPLC: UV/VIS
  • Type of Pump for HPLC: BINARY
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: Europe

We buy Varian ProStar 115/230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

DOUBLE E SLITTING SYSTEM | Cutters

  • Machinery Dimensions: 385 x 134 x 67 IN
  • Model: SLITTING SYSTEM
  • Manufacturer Name: DOUBLE E
  • Machinery Weight: 20000 LBS
  • Year: 2013
  • Located in: North America

We buy DOUBLE E SLITTING SYSTEM in bulk. Click here to get a free valuation.

GEA S1001L2K 4788. 115 VOLTS 50/60 HERTZ | Homogenizers

  • Machinery Dimensions: 17 x 30 x 15 IN
  • Model: S1001L2K
  • Serial Number: 4788.
  • Manufacturer Name: GEA
  • Machinery Weight: 200 LBS
  • Voltage: 115 VOLTS
  • Year: 2002
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Recommended Packaging Form: PALLET
  • Located in: MA, USA

We buy GEA S1001L2K 4788. 115 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Agilent Technologies 1200 / 1200 HPLC | HPLC

  • Model: 1200 / 1200 HPLC
  • Manufacturer Name: Agilent Technologies
  • Located in: North America

We buy Agilent Technologies 1200 / 1200 HPLC in bulk. Click here to get a free valuation.

Marchesini Group BA 50 REVERSE TUCK 208 VOLTS | Horizontal Cartoners

  • Year: 1984 (refurbished in 2005)
  • Model: BA 50
  • Machinery Dimensions: 11 x 5 x 5 FT
  • Method of Code Dater: EMBOSS
  • Manufacturer Name: Marchesini Group
  • Closure: REVERSE TUCK
  • Line Motion: INTERMITTENT
  • Product Loading: AUTOMATIC
  • Machinery Weight: 2500 LBS
  • Frequency: 60
  • Product Handling: HORIZONTAL
  • Voltage: 208 VOLTS
  • Recommended Packaging Form: CUSTOM PALLET
  • Phase: 3
  • Located in: North America

We buy Marchesini Group BA 50 REVERSE TUCK 208 VOLTS in bulk. Click here to get a free valuation.

Aczet Pvt.Ltd. CTB 150 | Balances

  • Model: CTB 150
  • Manufacturer Name: Aczet Pvt.Ltd.
  • Located in: North America

We buy Aczet Pvt.Ltd. CTB 150 in bulk. Click here to get a free valuation.

Wilden NDP-25BAT 20868595 2 IN 2 IN | Diaphragm Pumps

  • Machinery Dimensions: 35.43 x 9.84 x 15.75 in
  • Model: NDP-25BAT
  • Serial Number: 20868595
  • Manufacturer Name: Wilden
  • Outlet Size: 2 IN
  • Inlet Size: 2 IN
  • Machinery Weight: 220.46 lb
  • Year: 2017
  • Recommended Packaging Form: CUSTOM
  • Located in: Colombia

We buy Wilden NDP-25BAT 20868595 2 IN 2 IN in bulk. Click here to get a free valuation.

Mettler Toledo PC 4400 100-240 VOLTS 50/60 HERTZ | Miscellaneous

  • Machinery Dimensions: 15.75 x 15.75 x 13.78 in
  • Model: PC 4400
  • Manufacturer Name: Mettler Toledo
  • Capacity Size: lb
  • Machinery Weight: 44.09 lb
  • Voltage: 100-240 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: Basel, Basel, Switzerland

We buy Mettler Toledo PC 4400 100-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Lytzen H1 ELECTRICALLY HEATED | Drying Ovens

  • Machinery Dimensions: 76.97 x 59.06 x 78.74 in
  • Temperature Range: 50 to 260 DEG C
  • Model: H1
  • Manufacturer Name: Lytzen
  • Machinery Weight: 7716.10 lb
  • Heating or Cooling Source: ELECTRICALLY HEATED
  • Year: 1985
  • Located in: Europe

We buy Lytzen H1 ELECTRICALLY HEATED in bulk. Click here to get a free valuation.