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

Surplus Machinery

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.

Plastiblow S.R.L. PB2000/DE70/22 380 VOLTS 75,4 AMPS 2.76 in | Blow Molders

  • Machinery Dimensions: 129.92 x 108.27 x 100.39 in
  • Diameter: 2.76 in
  • Capacity Speed: 15-100 CU FT/MIN
  • Current: 75,4 AMPS
  • Model: PB2000/DE70/22
  • Manufacturer Name: Plastiblow S.R.L.
  • MSDS Available: NO
  • Frequency: 50
  • Phase: 3+1
  • Recommended Packaging Form: PERSONALIZADO
  • Voltage: 380 VOLTS
  • Year: 1996
  • CE Marked: DESCONOCIDO
  • Machinery Weight: 4409.20 lb
  • Located in: Latin America

We buy Plastiblow S.R.L. PB2000/DE70/22 380 VOLTS 75,4 AMPS 2.76 in in bulk. Click here to get a free valuation.

ITT A234 867977-012-004; 867977-012-003; 867977-012-001; 867977-012-002; 867977-014-002; 867977-014-001 | Actuators

  • Machinery Weight: 260 LBS
  • Model: A234
  • Serial Number: 867977-012-004; 867977-012-003; 867977-012-001; 867977-012-002; 867977-014-002; 867977-014-001
  • Manufacturer Name: ITT
  • Machinery Dimensions: 48 x 40 x 24 IN
  • Type of Actuator: PNEUMATIC
  • Recommended Packaging Form: PALLET
  • Located in: MA, USA

We buy ITT A234 867977-012-004; 867977-012-003; 867977-012-001; 867977-012-002; 867977-014-002; 867977-014-001 in bulk. Click here to get a free valuation.

Kokusai Electric DD-802V DRY ANNEAL | Diffusion Furnace

  • Process Capability: DRY ANNEAL
  • Machinery Dimensions: 108 x 72 x 156 IN
  • Model: DD-802V
  • Manufacturer Name: Kokusai Electric
  • Machinery Weight: 3500 LBS
  • Year: 1991
  • Recommended Packaging Form: CUSTOM
  • Located in: East Asia/Pacific

We buy Kokusai Electric DD-802V DRY ANNEAL in bulk. Click here to get a free valuation.

Servolift SL 567 962355 1763.68 lb 240/415 VOLTS 50/60 HERTZ 20 AMPS | Lifts

  • Machinery Dimensions: 118.11 x 78.74 x 157.48 in
  • Voltage: 240/415 VOLTS
  • Model: SL 567
  • Serial Number: 962355
  • Capacity Size: 1763.68 lb
  • Manufacturer Name: Servolift
  • Type of Lift: BIN OR TOTE
  • Lifting Device: FORK
  • Operation: AUTOMATIC
  • Machinery Weight: 3306.90 lb
  • Year: 1996
  • Frequency: 50/60 HERTZ
  • CE Marked: NO
  • Current: 20 AMPS
  • Phase: 3
  • Located in: Mexico

We buy Servolift SL 567 962355 1763.68 lb 240/415 VOLTS 50/60 HERTZ 20 AMPS in bulk. Click here to get a free valuation.

Distek 2100B 2110650, 2143243 115 VOLTS 50/60 HERTZ | Dissolution Systems

  • Machinery Dimensions: 32.68 x 21.65 x 41.34 in
  • Current: 0.5 / 8 AMPS
  • Number of Stations: 6
  • Serial Number: 2110650, 2143243
  • Model: 2100B
  • Machinery Weight: 385.81 lb
  • Manufacturer Name: Distek
  • Voltage: 115 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Distrito Federal, Mexico

We buy Distek 2100B 2110650, 2143243 115 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Thar SFC | HPLC

  • Manufacturer Name: Thar SFC
  • Located in: North America

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

Lab Tech H150-1000 Series | Miscellaneous Lab Equipment

  • Model: H150-1000 Series
  • Manufacturer Name: Lab Tech
  • Located in: North America

We buy Lab Tech H150-1000 Series in bulk. Click here to get a free valuation.

De Lama DLSG/0/CSP 3 BAR 380 VOLTS 1500 WATTS | Steam Generators

  • Machinery Dimensions: 51.18 x 39.37 x 59.06 in
  • Model: DLSG/0/CSP
  • Manufacturer Name: De Lama
  • Capacity Speed: unknown CU FT/MIN
  • Capacity Size: unknown SQ FT
  • Current: 1500 WATTS
  • Air Requirements: 3 BAR
  • Frequency: 50
  • Year: 1988
  • Voltage: 380 VOLTS
  • Machinery Weight: 1102.30 lb
  • Recommended Packaging Form: CUSTOM
  • CE Marked: NO
  • Phase: 3
  • Located in: Europe

We buy De Lama DLSG/0/CSP 3 BAR 380 VOLTS 1500 WATTS in bulk. Click here to get a free valuation.

Zymark TPW3 TP1009N00118 100-240 VOLTS 50/60 HERTZ | Analyzers

  • Machinery Dimensions: 48 x 40 x 53 IN
  • Model: TPW3
  • Serial Number: TP1009N00118
  • Manufacturer Name: Zymark
  • Type: CHEMISTRY
  • Machinery Weight: 250 LBS
  • Voltage: 100-240 VOLTS
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Recommended Packaging Form: PALLET
  • Located in: MA, USA

We buy Zymark TPW3 TP1009N00118 100-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Bruker D4 Endeavor 203938 208-240 VOLTS 50/60 HERTZ | X-Ray Diffractometers

  • Machinery Weight: 475 LBS
  • Machinery Dimensions: 33 x 43 x 68 IN
  • Model: D4 Endeavor
  • Serial Number: 203938
  • Voltage: 208-240 VOLTS
  • Manufacturer Name: Bruker
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Located in: IN, USA

We buy Bruker D4 Endeavor 203938 208-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

APV LAB 60 | Homogenizers

  • Machinery Dimensions: 39.37 x 39.37 x 55.12 in
  • Model: LAB 60
  • Manufacturer Name: APV
  • Machinery Weight: 440.92 lb
  • Located in: Europe

We buy APV LAB 60 in bulk. Click here to get a free valuation.

M and P Engineering Ltd. Rotary Transfer Unit MP910008-FL2 | Fillers

  • Serial Number: MP910008-FL2
  • Machinery Dimensions: 82.68 x 74.80 x 78.74 in
  • Number of heads: 18
  • Current Application (Products,Sizes Run and Shape of Bottle): Ravioli
  • Type of Filler: SCALE
  • Model: Rotary Transfer Unit
  • Manufacturer Name: M and P Engineering Ltd.
  • Year: 1991
  • Machinery Weight: 3306.90 lb
  • CE Marked: NO
  • Located in: Lancashire, United Kingdom

We buy M and P Engineering Ltd. Rotary Transfer Unit MP910008-FL2 in bulk. Click here to get a free valuation.

GE Sensing Nanome|x 180 ANA01C0006-132208 230 VOLTS 50/60 HERTZ | X-Ray Inspection

  • Machinery Weight: 5292 LBS
  • Machinery Dimensions: 80 x 84 x 76 IN
  • Model: Nanome|x 180
  • Serial Number: ANA01C0006-132208
  • Manufacturer Name: GE Sensing
  • Year: 2008
  • Voltage: 230 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: CA, USA

We buy GE Sensing Nanome|x 180 ANA01C0006-132208 230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

ABS 1680.43 gal STAINLESS STEEL | Fermentation Units

  • Machinery Weight: 3000 LBS
  • Machinery Dimensions: 60 x 60 x 120 IN
  • Material of Construction: STAINLESS STEEL
  • Capacity Size: 1680.43 gal
  • Manufacturer Name: ABS
  • Located in: GA, USA

We buy ABS 1680.43 gal STAINLESS STEEL in bulk. Click here to get a free valuation.

Rohde and Schwarz AMIQ 100099 | Miscellaneous

  • Machinery Dimensions: 20 x 19 x 5 IN
  • Model: AMIQ
  • Serial Number: 100099
  • Manufacturer Name: Rohde and Schwarz
  • Machinery Weight: 19 LBS
  • Recommended Packaging Form: 20C (28X20X20)
  • CE Marked: YES
  • Located in: Hillsboro, OR, USA

We buy Rohde and Schwarz AMIQ 100099 in bulk. Click here to get a free valuation.

Cabinplant AS Tipo 09-18 9-8766-80-03 0.00 lb 380 VOLTS 50 HERTZ 3 KW | Scales

  • Model: Tipo 09-18
  • Serial Number: 9-8766-80-03
  • Manufacturer Name: Cabinplant AS
  • Capacity Size: 0.00 lb
  • Machinery Dimensions: 0.00 x 0.00 x 0.00 in
  • Machinery Weight: 0.00 lb
  • Year: 2004
  • Voltage: 380 VOLTS
  • Current: 3 KW
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 3
  • Located in: Spain

We buy Cabinplant AS Tipo 09-18 9-8766-80-03 0.00 lb 380 VOLTS 50 HERTZ 3 KW in bulk. Click here to get a free valuation.

Dionex LPG 3600 | Diaphragm Pumps

  • Model: LPG 3600
  • Manufacturer Name: Dionex
  • Located in: North America

We buy Dionex LPG 3600 in bulk. Click here to get a free valuation.

Crown 60PE-27-3 6000 LBS 2700 BAR | Material Handling

  • Machinery Dimensions: 10 x 3 x 4 FT
  • Model: 60PE-27-3
  • Air Requirements: 2700 BAR
  • Capacity Size: 6000 LBS
  • Manufacturer Name: Crown
  • Year: 1986
  • Machinery Weight: 2700 LBS
  • Recommended Packaging Form: CUSTOM
  • Located in: North America

We buy Crown 60PE-27-3 6000 LBS 2700 BAR in bulk. Click here to get a free valuation.

TAP Biosystems MK7 EOQK204000 400 VOLTS 50/60 HERTZ 25 AMPS | Analyzers

  • Machinery Weight: 3373.04 lb
  • Machinery Dimensions: 361.02 x 49.61 x 89.37 in
  • Model: MK7
  • Serial Number: EOQK204000
  • Manufacturer Name: TAP Biosystems
  • Type: CHEMISTRY
  • Current: 25 AMPS
  • Voltage: 400 VOLTS
  • CE Marked: YES
  • Year: 2012
  • Frequency: 50/60 HERTZ
  • Recommended Packaging Form: CUSTOM PALLET
  • Phase: 3
  • Located in: Switzerland

We buy TAP Biosystems MK7 EOQK204000 400 VOLTS 50/60 HERTZ 25 AMPS in bulk. Click here to get a free valuation.

Zeiss LSM 780 upright | Microscopes

  • Model: LSM 780 upright
  • Manufacturer Name: Zeiss
  • Machinery Dimensions: 48 x 48 x 48 IN
  • Machinery Weight: 350 LBS
  • Located in: North America

We buy Zeiss LSM 780 upright in bulk. Click here to get a free valuation.

Double D MKIII 87 Electric ELECTRICALLY HEATED | Drying Ovens

  • Temperature Range: 0 DEG F
  • Model: MKIII 87 Electric
  • Manufacturer Name: Double D
  • Machinery Dimensions: 0.00 x 0.00 x 0.00 ft
  • Heating or Cooling Source: ELECTRICALLY HEATED
  • Machinery Weight: 0.00 lb
  • Located in: Europe

We buy Double D MKIII 87 Electric ELECTRICALLY HEATED in bulk. Click here to get a free valuation.

Gericke SH HP 2211 0.25 GAU-1-4-A1 33151030 0.26 gal | Hoppers

  • Machinery Dimensions: 59.06 x 59.06 x 98.43 in
  • Capacity Size: 0.26 gal
  • Model: SH HP 2211 0.25 GAU-1-4-A1
  • Serial Number: 33151030
  • Manufacturer Name: Gericke
  • Machinery Weight: 2204.60 lb
  • Located in: Medan, Indonesia

We buy Gericke SH HP 2211 0.25 GAU-1-4-A1 33151030 0.26 gal in bulk. Click here to get a free valuation.

Diosna RS32 N CS 8.46 gal 400 VOLTS 50 HERTZ 1.5 KW | Blenders

  • Current: 1.5 KW
  • Model: RS32 N CS
  • Capacity Size: 8.46 gal
  • Manufacturer Name: Diosna
  • Type of Blender: ROTARY
  • Machinery Dimensions: 39.37 x 39.37 x 70.87 in
  • Machinery Weight: 440.92 lb
  • Voltage: 400 VOLTS
  • Frequency: 50 HERTZ
  • Year: 2012
  • Phase: 3
  • Located in: Europe

We buy Diosna RS32 N CS 8.46 gal 400 VOLTS 50 HERTZ 1.5 KW in bulk. Click here to get a free valuation.

Dionex Corporation | Miscellaneous

  • Machinery Weight: 3 LBS
  • Machinery Dimensions: 24 x 10 x 3 IN
  • Manufacturer Name: Dionex Corporation
  • Recommended Packaging Form: 19C (22X15X13)
  • Located in: Forest, VA, USA

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

Unknown SCREW CONVEYOR | Conveyors

  • Machinery Dimensions: 118.11 x 39.37 x 98.43 in
  • Machinery Dimensions: 944.88 x 39.37 x 98.43 in
  • Type of Conveyors: SCREW CONVEYOR
  • Machinery Weight: 17636.80 lb
  • Machinery Weight: 4409.20 lb
  • Located in: Medan, Indonesia

We buy Unknown SCREW CONVEYOR in bulk. Click here to get a free valuation.

Deshard Systems Goliat J24L-12 220 VOLTS 60 HERTZ 13 AMPS | Lapping Machines

  • Machinery Dimensions: 89.37 x 82.68 x 60.24 in
  • Model: Goliat J24L-12
  • Manufacturer Name: Deshard Systems
  • Current: 13 AMPS
  • Type of Control: CNC
  • Machinery Weight: 4409.20 lb
  • Voltage: 220 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Jalisco, Mexico

We buy Deshard Systems Goliat J24L-12 220 VOLTS 60 HERTZ 13 AMPS in bulk. Click here to get a free valuation.

Roach Conveyors 796RB 529511-1 120 VOLTS 60 HERTZ 15 AMPS N/A BAR CARBON STEEL 42 IN N/A IN N/A IN BELT CONVEYOR | Conveyors

  • Screw Length: N/A IN
  • Screw Diameter: N/A IN
  • Serial Number: 529511-1
  • Machinery Dimensions: 540 x 45 x 48 IN
  • Type of Conveyor Belt: Nitrile
  • Belt Size: 42 IN
  • Model: 796RB
  • Manufacturer Name: Roach Conveyors
  • Air Requirements: n/a BAR
  • Drive Horsepower: 1
  • Guide Rails: NO
  • Type of Feet: ADJUSTABLE
  • Portable: YES
  • Type of Conveyors: BELT CONVEYOR
  • Year: 2014
  • Machinery Weight: 5000 LBS
  • Current: 15 AMPS
  • Material of Construction: CARBON STEEL
  • CE Marked: NO
  • Phase: 1
  • Voltage: 120 VOLTS
  • Frequency: 60 HERTZ
  • Located in: OH, USA

We buy Roach Conveyors 796RB 529511-1 120 VOLTS 60 HERTZ 15 AMPS N/A BAR CARBON STEEL 42 IN N/A IN N/A IN BELT CONVEYOR in bulk. Click here to get a free valuation.

Woojung Tech Co Ltd Zpress-8D Servo Lab16-DP#4 220 VOLTS 60 HERTZ 38.5 AMPS | Fillers

  • Current: 38.5 AMPS
  • Current Application (Products,Sizes Run and Shape of Bottle): Pressed powder cosmetics
  • Model: Zpress-8D Servo
  • Serial Number: Lab16-DP#4
  • Manufacturer Name: Woojung Tech Co Ltd
  • Machinery Weight: 0 Pounds
  • Machinery Dimensions: 0 x 0 x 0 IN
  • Type of Filler: POWDER
  • Year: 2017
  • Voltage: 220 VOLTS
  • CE Marked: YES
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: NJ, USA

We buy Woojung Tech Co Ltd Zpress-8D Servo Lab16-DP#4 220 VOLTS 60 HERTZ 38.5 AMPS in bulk. Click here to get a free valuation.

Heinen Drying Fluid Bed 1 HP STAINLESS STEEL 220/240 VOLTS 50/60 HERTZ | Fluid Bed Dryers

  • Machinery Dimensions: 196.85 x 59.06 x 90.55 in
  • Model: Fluid Bed
  • Manufacturer Name: Heinen Drying
  • Batch or Continuous: BATCH
  • Capacity Size: 1 HP
  • Voltage: 220/240 VOLTS
  • Machinery Weight: 8818.40 lb
  • Material of Construction: STAINLESS STEEL
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 3
  • Located in: Europe

We buy Heinen Drying Fluid Bed 1 HP STAINLESS STEEL 220/240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Branson Ultrasonic Corporation P2075MFC M960450 | Asher

  • Machinery Dimensions: 38 x 23 x 59 IN
  • Model: P2075MFC
  • Serial Number: M960450
  • Manufacturer Name: Branson Ultrasonic Corporation
  • Year: 1986
  • Machinery Weight: 900 LBS
  • Recommended Packaging Form: CUSTOM
  • Located in: MA, USA

We buy Branson Ultrasonic Corporation P2075MFC M960450 in bulk. Click here to get a free valuation.

Heraeus 2.0R 75003080. 230 VOLTS 50/60 HERTZ 5.8 AMPS | Miscellaneous

  • Current: 5.8 AMPS
  • Max Speed: 4100rpm
  • Serial Number: 75003080.
  • Model: 2.0R
  • Manufacturer Name: Heraeus
  • Machinery Dimensions: 19.69 x 19.69 x 15.75 in
  • Year: 1999
  • Machinery Weight: 330.69 lb
  • Voltage: 230 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: Bridgend , Wales, United Kingdom

We buy Heraeus 2.0R 75003080. 230 VOLTS 50/60 HERTZ 5.8 AMPS in bulk. Click here to get a free valuation.

Krones Autocol APS3 R13800609 PRESSURE SENSITIVE 750 LPM 8 Inch 6 BAR 460 VOLTS 60 HERTZ 45 AMPS | Labelers

  • Machinery Weight: 30000 LBS
  • Machinery Dimensions: 48 x 30 x 9 FT
  • Number of Labeling Heads: 6
  • Label Size: 8 Inch
  • Label Speed: 750 LPM
  • Model: Autocol APS3
  • Serial Number: R13800609
  • Manufacturer Name: Krones
  • Imprinter or Coder: Laser
  • Current: 45 AMPS
  • Location of Labels on Product: Side
  • Type of Labeler: ROTARY
  • Voltage: 460 VOLTS
  • Products Run: Shampoo
  • Air Requirements: 6 BAR
  • Application Type: WIPE/MERGE
  • Type of Label: PRESSURE SENSITIVE
  • Year: 2013
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: MO, USA

We buy Krones Autocol APS3 R13800609 PRESSURE SENSITIVE 750 LPM 8 Inch 6 BAR 460 VOLTS 60 HERTZ 45 AMPS in bulk. Click here to get a free valuation.

Chocoma 2T70 | Chocolates

  • Machinery Dimensions: 21.65 x 21.65 x 55.12 in
  • Model: 2T70
  • Manufacturer Name: Chocoma
  • Machinery Weight: 242.51 lb
  • Located in: Europe

We buy Chocoma 2T70 in bulk. Click here to get a free valuation.

CSS 2500 24 110 VOLTS 60 HERTZ 3 IN 24 IN SCREW CONVEYOR | Conveyors

  • Machinery Dimensions: 48 x 42 x 16 IN
  • Screw Length: 24 IN
  • Screw Diameter: 3 IN
  • Drive Horsepower: 1/4
  • Material of Construction: ALUMINIUM
  • Model: 2500 24
  • Manufacturer Name: CSS
  • Type of Conveyors: SCREW CONVEYOR
  • Machinery Weight: 200 LBS
  • Voltage: 110 VOLTS
  • Phase: 1
  • Frequency: 60 HERTZ
  • Located in: MA, USA

We buy CSS 2500 24 110 VOLTS 60 HERTZ 3 IN 24 IN SCREW CONVEYOR in bulk. Click here to get a free valuation.

IMA | Cappers

  • Machinery Dimensions: 9 x 6 x 8 FT
  • Type of Capping: FILLER CAPPER COMBINATION
  • Manufacturer Name: IMA
  • Type of Capper: INLINE
  • Machinery Weight: 3000 LBS
  • Located in: North America

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

BEL 150 50/60 HERTZ | Miscellaneous

  • Machinery Dimensions: 98 x 35 x 71 IN
  • Manufacturer Name: BEL
  • Machinery Weight: 1300 LBS
  • Model: 150
  • Frequency: 50/60 HERTZ
  • Located in: Forest, VA, USA

We buy BEL 150 50/60 HERTZ in bulk. Click here to get a free valuation.

IWK Verpackungstechnik GmbH FP64 | Tube Filling Lines

  • Machinery Weight: 7495.64 lb
  • Model: FP64
  • Manufacturer Name: IWK Verpackungstechnik GmbH
  • Machinery Dimensions: 0.00 x 0.00 x 0.00 in
  • Year: 2016
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: Europe

We buy IWK Verpackungstechnik GmbH FP64 in bulk. Click here to get a free valuation.

Line 6 Line 6 xxx 10 KW 400 VOLTS 50 HERTZ | Packaging Lines

  • Machinery Dimensions: 33.17 x 11.88 x 6.99 ft
  • Model: Line 6 xxx
  • Manufacturer Name: Line 6
  • Capacity Size: 10 KW
  • Machinery Weight: 6613.80 lb
  • Phase: 3+1
  • Voltage: 400 VOLTS
  • Frequency: 50 HERTZ
  • Recommended Packaging Form: PALLET
  • Located in: Europe

We buy Line 6 Line 6 xxx 10 KW 400 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Gilson 215 259G9367 100-240 VOLTS 50/60 HERTZ | Liquid Handlers

  • Serial Number: 259G9367
  • Machinery Dimensions: 39.37 x 31.50 x 23.62 in
  • Model: 215
  • Manufacturer Name: Gilson
  • Voltage: 100-240 VOLTS
  • Machinery Weight: 110.23 lb
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Antwerpen, Belgium

We buy Gilson 215 259G9367 100-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.