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

Surplus Machinery

Huber UC006 EM0061162413N10631244 | Miscellaneous

  • Serial Number: EM0061162413N10631244
  • Machinery Dimensions: 28 x 20 x 84 IN
  • Model: UC006
  • Manufacturer Name: Huber
  • Machinery Weight: 180 LBS
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: San Jose, CA, USA

We buy Huber UC006 EM0061162413N10631244 in bulk. Click here to get a free valuation.

Metronic UV-Trockner 0247. 400 VOLTS 50 HERTZ | Printing or Code Markers

  • Machinery Dimensions: 39.37 x 110.24 x 94.49 in
  • Serial Number: 0247.
  • Model: UV-Trockner
  • Manufacturer Name: Metronic
  • Voltage: 400 VOLTS
  • Machinery Weight: 1102.30 lb
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Year: 1998
  • Phase: 3
  • Located in: Wales, United Kingdom

We buy Metronic UV-Trockner 0247. 400 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Millipore F1KN18853 230 VOLTS 50 HERTZ | Water Purification and Still Systems

  • Machinery Dimensions: 59.06 x 27.52 x 51.14 in
  • Serial Number: F1KN18853
  • Manufacturer Name: Millipore
  • Machinery Weight: 330.69 lb
  • Year: 2008
  • Voltage: 230 VOLTS
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 1
  • Located in: Switzerland

We buy Millipore F1KN18853 230 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Shimadzu UV-1700 A110242011413 230 VOLTS 50/60 HERTZ | Spectrophotometers

  • Machinery Dimensions: 19.69 x 39.37 x 13.78 in
  • Serial Number: A110242011413
  • Model: UV-1700
  • Manufacturer Name: Shimadzu
  • Machinery Weight: 220.46 lb
  • Voltage: 230 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Located in: India

We buy Shimadzu UV-1700 A110242011413 230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Engineered Technologies tcm1 | Temperature Controllers

  • Model: tcm1
  • Manufacturer Name: Engineered Technologies
  • Machinery Dimensions: 8 x 4 x 6 FT
  • Year: 1999
  • Machinery Weight: 2500 LBS
  • Located in: North America

We buy Engineered Technologies tcm1 in bulk. Click here to get a free valuation.

WATERS Alliance 2475 | HPLC

  • Model: 2475
  • Manufacturer Name: WATERS Alliance
  • Located in: North America

We buy WATERS Alliance 2475 in bulk. Click here to get a free valuation.

Distek Symphony 7100 7101093 115 VOLTS 50/60 HERTZ | Miscellaneous

  • Machinery Dimensions: 17 x 25 x 39 IN
  • Model: Symphony 7100
  • Serial Number: 7101093
  • Manufacturer Name: Distek
  • Machinery Weight: 35 LBS
  • Voltage: 115 VOLTS
  • Frequency: 50/60 HERTZ
  • Located in: Forest, VA, USA

We buy Distek Symphony 7100 7101093 115 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Christ Alpha 2-4 7083 230 VOLTS 50 HERTZ | Freeze Dryers

  • Machinery Weight: 229.28 lb
  • Machinery Dimensions: 57.48 x 14.96 x 47.24 in
  • Distance Between Shelves: in
  • Size of Shelves - length x width: in
  • Model: Alpha 2-4
  • Serial Number: 7083
  • Manufacturer Name: Christ
  • Stoppering Capable: NO
  • Year: 1997
  • Voltage: 230 VOLTS
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 1
  • Located in: Germany

We buy Christ Alpha 2-4 7083 230 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Riken Keiki RM-570 | Detectors

  • Machinery Dimensions: 24 x 17 x 10 IN
  • Model: RM-570
  • Manufacturer Name: Riken Keiki
  • Machinery Weight: 50 LBS
  • Recommended Packaging Form: 20C (28X20X20)
  • Year: 1995
  • Located in: East Asia/Pacific

We buy Riken Keiki RM-570 in bulk. Click here to get a free valuation.

Lauda RM6 T07010 230 VOLTS 50/60 HERTZ | Miscellaneous

  • Model: RM6
  • Serial Number: T07010
  • Manufacturer Name: Lauda
  • Machinery Dimensions: 11.81 x 15.75 x 23.62 in
  • Machinery Weight: 66.14 lb
  • Voltage: 230 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: Basel, Basel, Switzerland

We buy Lauda RM6 T07010 230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Cermex SB27 90 PSI SIDE LOAD 208 VOLTS 60 HERTZ 35 AMPS | Case Packers

  • Machinery Dimensions: 144 x 92 x 96 IN
  • Model: SB27
  • Case Sealing: TAPE
  • Type of Case: KNOCKDOWN
  • Type of Packer: SIDE LOAD
  • Manufacturer Name: Cermex
  • Current: 35 AMPS
  • Phase: 3+1
  • Air Requirements: 90 PSI
  • Machinery Weight: 5000 LBS
  • Year: 2006
  • Voltage: 208 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM PALLET
  • Frequency: 60 HERTZ
  • Located in: North America

We buy Cermex SB27 90 PSI SIDE LOAD 208 VOLTS 60 HERTZ 35 AMPS in bulk. Click here to get a free valuation.

Seidenader V50-2 12406 A 230 VOLTS 50 HERTZ 0.7 KW | Capsule or Tablet Inspection Machines

  • Machinery Dimensions: 25.59 x 59.06 x 51.18 in
  • Current: 0.7 KW
  • Serial Number: 12406 A
  • Model: V50-2
  • Manufacturer Name: Seidenader
  • Machinery Weight: 440.92 lb
  • Voltage: 230 VOLTS
  • Year: 2006
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 1
  • Located in: Wales, United Kingdom

We buy Seidenader V50-2 12406 A 230 VOLTS 50 HERTZ 0.7 KW in bulk. Click here to get a free valuation.

Mahle LGA1200FUW 7.052.889.02 50/60 HERTZ CARBON STEEL | Rotary Vacuum Filters

  • Machinery Weight: 614 LBS
  • Machinery Dimensions: 80 x 97 x 44 IN
  • Current: 9.1 / 6.4 AMPS
  • Voltage: 380 / 480 VOLTS
  • Serial Number: 7.052.889.02
  • Model: LGA1200FUW
  • Manufacturer Name: Mahle
  • Year: 2013
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Material of Construction: CARBON STEEL
  • Phase: 3
  • Located in: MA, USA

We buy Mahle LGA1200FUW 7.052.889.02 50/60 HERTZ CARBON STEEL in bulk. Click here to get a free valuation.

Aczet Pvt.Ltd. CY 35001H | Balances

  • Model: CY 35001H
  • Manufacturer Name: Aczet Pvt.Ltd.
  • Located in: North America

We buy Aczet Pvt.Ltd. CY 35001H in bulk. Click here to get a free valuation.

Dell KMM FPM185 | Servers

  • Machinery Dimensions: 45 x 24 x 83 IN
  • Model: KMM FPM185
  • Manufacturer Name: Dell
  • Machinery Weight: 500 LBS
  • Recommended Packaging Form: PALLET
  • Located in: MA, USA

We buy Dell KMM FPM185 in bulk. Click here to get a free valuation.

Pago System 202 20620230. PRESSURE SENSITIVE 400 VOLTS 50 HERTZ 2.2 AMPS | Labelers

  • Machinery Dimensions: 76.77 x 70.87 x 82.68 in
  • Current: 2.2 AMPS
  • Model: System 202
  • Serial Number: 20620230.
  • Manufacturer Name: Pago
  • Machinery Weight: 1322.76 lb
  • Voltage: 400 VOLTS
  • 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 System 202 20620230. PRESSURE SENSITIVE 400 VOLTS 50 HERTZ 2.2 AMPS in bulk. Click here to get a free valuation.

Brinkmann Instruments, Inc MR-100 NO DETECTOR NO PUMP | Miscellaneous

  • Machinery Dimensions: 20 x 7 x 4 IN
  • Machinery Dimensions: 24 x 11 x 9 IN
  • Model: MR-100
  • Manufacturer Name: Brinkmann Instruments, Inc
  • Machinery Weight: 6 LBS
  • Type of Pump for HPLC: NO PUMP
  • Recommended Packaging Form: 12C (12X12X12)
  • Type of Detector for HPLC: NO DETECTOR
  • Located in: Forest, VA, USA

We buy Brinkmann Instruments, Inc MR-100 NO DETECTOR NO PUMP in bulk. Click here to get a free valuation.

Tektronix Inc. TCP312 B017444 | Miscellaneous

  • Serial Number: B017444
  • Machinery Dimensions: 9 x 3 x 2 IN
  • Model: TCP312
  • Manufacturer Name: Tektronix Inc.
  • Machinery Weight: 1 LBS
  • Recommended Packaging Form: 12C (12X12X12)
  • CE Marked: YES
  • Located in: Hillsboro, OR, USA

We buy Tektronix Inc. TCP312 B017444 in bulk. Click here to get a free valuation.

Dionex SFM 180023 | Liquid Handlers

  • Serial Number: 180023
  • Machinery Weight: 84 LBS
  • Machinery Dimensions: 47 x 29 x 26 IN
  • Model: SFM
  • Manufacturer Name: Dionex
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: CA, USA

We buy Dionex SFM 180023 in bulk. Click here to get a free valuation.

Packservice PS 500 no BAR BOTTOM LOAD 380 VOLTS 50 HERTZ 4,5 KW | Case Packers

  • Machinery Dimensions: 4000 x 1500 x 2200 IN
  • Case Size or Range: Length 140 - 450mm Width 120 - 350mm Height 75 - 350mm
  • Pack Arrangement: no
  • Type of Packer: BOTTOM LOAD
  • Products Run: length 25 - 440mm width 15 - 140mm height 65 - 180mm
  • Product Sizing: length 25 - 440mm width 15 - 140mm height 65 - 180mm
  • Model: PS 500
  • Manufacturer Name: Packservice
  • Air Requirements: no BAR
  • Current: 4,5 KW
  • Machinery Weight: 3306.90 lb
  • Voltage: 380 VOLTS
  • Year: 1996
  • Frequency: 50 HERTZ
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: Europe

We buy Packservice PS 500 no BAR BOTTOM LOAD 380 VOLTS 50 HERTZ 4,5 KW in bulk. Click here to get a free valuation.

VideoJet Excel 100 220 VOLTS 50-60 HERTZ INK JET | Printing or Code Markers

  • Machinery Dimensions: 21.65 x 17.72 x 66.93 in
  • Model: Excel 100
  • Manufacturer Name: VideoJet
  • Frequency: 50-60 HERTZ
  • Method of Code Dater: INK JET
  • Machinery Weight: 110.23 lb
  • Voltage: 220 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Phase: 1
  • Located in: Europe

We buy VideoJet Excel 100 220 VOLTS 50-60 HERTZ INK JET in bulk. Click here to get a free valuation.

Anritsu Corporation MT8820C 6200971111 100-120/200-240 VOLTS 50/60 HERTZ 750 VA | Miscellaneous

  • Serial Number: 6200971111
  • 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 6200971111 100-120/200-240 VOLTS 50/60 HERTZ 750 VA in bulk. Click here to get a free valuation.

Erweka Multicheck 112706-12c3 100-240 VOLTS 50/60 HERTZ | Hardness Testers

  • Machinery Dimensions: 31 x 26 x 21 IN
  • Serial Number: 112706-12c3
  • Model: Multicheck
  • Manufacturer Name: Erweka
  • Machinery Weight: 100 LBS
  • Voltage: 100-240 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Recommended Packaging Form: PALLET
  • Located in: MA, USA

We buy Erweka Multicheck 112706-12c3 100-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Hamo T420 400 VOLTS 50 HERTZ 39 AMPS | Washers

  • Machinery Dimensions: 90.55 x 86.61 x 86.61 in
  • Current: 39 AMPS
  • Model: T420
  • Manufacturer Name: Hamo
  • Machinery Weight: 3306.90 lb
  • Year: 1999
  • Voltage: 400 VOLTS
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: Europe

We buy Hamo T420 400 VOLTS 50 HERTZ 39 AMPS in bulk. Click here to get a free valuation.

Miller Electric Mfg. Co. 230/460 VOLTS 50/60 HERTZ | Inspection Machines

  • Machinery Weight: 11350 LBS
  • Machinery Dimensions: 9.84 x 7.87 x 9.51 ft
  • Manufacturer Name: Miller Electric Mfg. Co.
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • CE Marked: NO
  • Phase: 3
  • Voltage: 230/460 VOLTS
  • Located in: Iraq

We buy Miller Electric Mfg. Co. 230/460 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Invitrogen Power Ease 500 200-240 VOLTS 50/60 HERTZ | Miscellaneous

  • Machinery Dimensions: 13.78 x 11.81 x 7.87 in
  • Model: Power Ease 500
  • Manufacturer Name: Invitrogen
  • Machinery Weight: 15.43 lb
  • Voltage: 200-240 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: Basel, Basel, Switzerland

We buy Invitrogen Power Ease 500 200-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

CCI | Fogging Equipment

  • Machinery Dimensions: 45.00 x 30.00 x 35.00 in
  • Manufacturer Name: CCI
  • Machinery Weight: 66.14 lb
  • Located in: Europe

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

WATERS Alliance 2996 | HPLC

  • Model: 2996
  • Manufacturer Name: WATERS Alliance
  • Located in: North America

We buy WATERS Alliance 2996 in bulk. Click here to get a free valuation.

Glatt | Miscellaneous

  • Machinery Dimensions: 48 x 40 x 52 IN
  • Machinery Weight: 400 Pounds
  • Machinery Dimensions: 48 x 40 x 24 IN
  • Manufacturer Name: Glatt
  • Machinery Weight: 400 LBS
  • Machinery Weight: 200 LBS
  • Recommended Packaging Form: PALLET
  • Located in: Forest, VA, USA

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

Zeiss Inc. 40C 3825003885 100-240 VOLTS | Microscopes

  • Machinery Dimensions: 23.62 x 13.78 x 21.65 in
  • Model: 40C
  • Serial Number: 3825003885
  • Manufacturer Name: Zeiss Inc.
  • Type of Microscope: INVERTED
  • Machinery Weight: 17.64 lb
  • Voltage: 100-240 VOLTS
  • CE Marked: YES
  • Located in: Switzerland

We buy Zeiss Inc. 40C 3825003885 100-240 VOLTS 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.

NPC Incorporated KK 125LB-800-2A 162311. 6 BAR 400 VOLTS 50 HERTZ 7 KW | Vacuum Sealers

  • Machinery Dimensions: 145.67 x 61.02 x 64.96 in
  • Current: 7 KW
  • Serial Number: 162311.
  • Model: KK 125LB-800-2A
  • Manufacturer Name: NPC Incorporated
  • Phase: 3+1
  • Year: 2000
  • Voltage: 400 VOLTS
  • Air Requirements: 6 BAR
  • Machinery Weight: 4409.20 lb
  • Frequency: 50 HERTZ
  • Recommended Packaging Form: CUSTOM
  • Located in: Wales, United Kingdom

We buy NPC Incorporated KK 125LB-800-2A 162311. 6 BAR 400 VOLTS 50 HERTZ 7 KW in bulk. Click here to get a free valuation.

Nemesis Vermoegenserwaltung GmbH HSC 350/15 12118 15000 G 20 U/MIN 230 VOLTS 50 HERTZ | Check Weighers

  • Machinery Dimensions: 47.24 x 36.02 x 51.97 in
  • Capacity Speed: 20 U/MIN
  • Model: HSC 350/15
  • Capacity Size: 15000 G
  • Serial Number: 12118
  • Manufacturer Name: Nemesis Vermoegenserwaltung GmbH
  • Machinery Weight: 110.23 lb
  • Year: 2011
  • Voltage: 230 VOLTS
  • Frequency: 50 HERTZ
  • Located in: Slovenia, Slovenia

We buy Nemesis Vermoegenserwaltung GmbH HSC 350/15 12118 15000 G 20 U/MIN 230 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Sorensen DLM20-30M9G 1423A02993,1338A01153 115-230 VOLTS 50/60 HERTZ 714 WATTS | Miscellaneous

  • Serial Number: 1423A02993,1338A01153
  • Machinery Dimensions: 38 x 9 x 2 IN
  • Current: 714 WATTS
  • Model: DLM20-30M9G
  • Manufacturer Name: Sorensen
  • Machinery Weight: 18 LBS
  • Voltage: 115-230 VOLTS
  • Recommended Packaging Form: 19C (22X15X13)
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: San Jose, CA, USA

We buy Sorensen DLM20-30M9G 1423A02993,1338A01153 115-230 VOLTS 50/60 HERTZ 714 WATTS in bulk. Click here to get a free valuation.

Despatch LFD 2-11-3 154460 STAINLESS STEEL 480 VOLTS 60 HERTZ 17.5 AMPS | Lab Ovens

  • Machinery Weight: 1095 LBS
  • Machinery Dimensions: 54 x 36 x 80 IN
  • Chamber Dimensions: 38 x 20 x 26 IN
  • Temperature Range: 343 DEG C
  • Model: LFD 2-11-3
  • Serial Number: 154460
  • Manufacturer Name: Despatch
  • Current: 17.5 AMPS
  • Material of Construction: STAINLESS STEEL
  • Voltage: 480 VOLTS
  • CE Marked: NO
  • Recommended Packaging Form: CUSTOM PALLET
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: MA, USA

We buy Despatch LFD 2-11-3 154460 STAINLESS STEEL 480 VOLTS 60 HERTZ 17.5 AMPS in bulk. Click here to get a free valuation.

Manesty ACCELACOTA 350 35056 380 VOLTS 50 HERTZ | Perforated Coating Pans

  • Machinery Dimensions: 98.43 x 118.11 x 78.74 in
  • Model: ACCELACOTA 350
  • Serial Number: 35056
  • Manufacturer Name: Manesty
  • Machinery Weight: 6613.80 lb
  • Year: 2000
  • Voltage: 380 VOLTS
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 3
  • Located in: Poland

We buy Manesty ACCELACOTA 350 35056 380 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Hewlett Packard HP Designjet Z6800 100-127/220-240 VOLTS 50/60 HERTZ 270 WATTS | Printers/Scanners/Copiers

  • Machinery Weight: 556 LBS
  • Machinery Dimensions: 48 x 30 x 107 IN
  • Current: 270 WATTS
  • Voltage: 100-127/220-240 VOLTS
  • Model: HP Designjet Z6800
  • Manufacturer Name: Hewlett Packard
  • Year: 2017
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: North America

We buy Hewlett Packard HP Designjet Z6800 100-127/220-240 VOLTS 50/60 HERTZ 270 WATTS in bulk. Click here to get a free valuation.

Stork Zebra 3194 80 PSI 380 VOLTS 50 HERTZ | Horizontal Cartoners

  • Machinery Dimensions: 157.48 x 118.11 x 118.11 in
  • Products Run: Pizzas
  • Serial Number: 3194
  • Model: Zebra
  • Manufacturer Name: Stork
  • Product Loading: AUTOMATIC
  • Air Requirements: 80 PSI
  • Product Handling: HORIZONTAL
  • Line Motion: CONTINUOUS
  • Carton Feeder Type: PICK AND PLACE
  • Type of Closure: HOT MELT GLUE
  • Voltage: 380 VOLTS
  • Machinery Weight: 2204.60 lb
  • Year: 2006
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 3
  • Located in: Spain

We buy Stork Zebra 3194 80 PSI 380 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Gigatronics 8652A 8650861, 8651501, 8651326 | Miscellaneous

  • Machinery Dimensions: 51 x 9 x 4 IN
  • Model: 8652A
  • Serial Number: 8650861, 8651501, 8651326
  • Manufacturer Name: Gigatronics
  • Machinery Weight: 30 LBS
  • Recommended Packaging Form: 19C (22X15X13)
  • CE Marked: YES
  • Located in: Hillsboro, OR, USA

We buy Gigatronics 8652A 8650861, 8651501, 8651326 in bulk. Click here to get a free valuation.

MGS Machine Corp RPP-421T 11315 | Pick and Place

  • Serial Number: 11315
  • Model: RPP-421T
  • Manufacturer Name: MGS Machine Corp
  • Machinery Weight: 1 LBS
  • Machinery Dimensions: 1 x 1 x 1 IN
  • Located in: FL, USA

We buy MGS Machine Corp RPP-421T 11315 in bulk. Click here to get a free valuation.