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

Surplus Machinery

Aczet Pvt.Ltd. CY 3102GT | Balances

  • Model: CY 3102GT
  • Manufacturer Name: Aczet Pvt.Ltd.
  • Located in: North America

We buy Aczet Pvt.Ltd. CY 3102GT in bulk. Click here to get a free valuation.

Demag Ergotech Wiehe GmbH Ergotech-System 1100/470-600 110 TONS 184 L/MIN 440 VOLTS 60 HERTZ 89 AMPS Electric Heating | Injection Molders

  • Heating Cooling Requirements: Electric Heating
  • Current: 89 AMPS
  • Capacity Details: Maximum Pressure 210 Bar
  • Capacity Speed: 184 L/MIN
  • Capacity Size: 110 TONS
  • Model: Ergotech-System 1100/470-600
  • Manufacturer Name: Demag Ergotech Wiehe GmbH
  • Machinery Dimensions: 16.40 x 6.56 x 6.56 ft
  • Machinery Weight: 12345.76 lb
  • Voltage: 440 VOLTS
  • Year: 2000
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Latin America

We buy Demag Ergotech Wiehe GmbH Ergotech-System 1100/470-600 110 TONS 184 L/MIN 440 VOLTS 60 HERTZ 89 AMPS Electric Heating in bulk. Click here to get a free valuation.

SM CAM SM 80 unknown BAR SIDE LOAD 380 VOLTS 50/60 HERTZ unknown AMPS | Case Packers

  • Machinery Dimensions: 125.98 x 94.49 x 72.83 in
  • Case Size or Range: min. mm 185*115*92, max mm 560*395*342
  • Product Sizing: min. mm 20*15*50, max mm 555*120*340
  • Manufacturer Name: SM CAM
  • Model: SM 80
  • Type of Packer: SIDE LOAD
  • Type of Case: OTHER
  • Air Requirements: unknown BAR
  • Current: unknown AMPS
  • Products Run: Cartons
  • Year: 1986
  • Machinery Weight: 3306.90 lb
  • Voltage: 380 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • CE Marked: NO
  • Phase: 3
  • Located in: Europe

We buy SM CAM SM 80 unknown BAR SIDE LOAD 380 VOLTS 50/60 HERTZ unknown AMPS in bulk. Click here to get a free valuation.

Zanchetta 3200 L 845.63 gal STAINLESS STEEL 62.99 in 62.99 in unknown in | Tanks

  • Machinery Dimensions: 62.99 x 62.99 x 104.33 in
  • Internal Temperature Rating: 30 DEG C
  • Model: 3200 L
  • Capacity of Tank: 845.63 gal
  • Overall Height: 62.99 in
  • Straight Side: unknown IN
  • Inside Diameter: 62.99 in
  • Manufacturer Name: Zanchetta
  • Tank Material of Construction: STAINLESS STEEL
  • Year: 1986
  • Machinery Weight: 1322.76 lb
  • Recommended Packaging Form: CUSTOM
  • Agitation: NO
  • Jacketed: NO
  • CE Marked: NO
  • Located in: Europe

We buy Zanchetta 3200 L 845.63 gal STAINLESS STEEL 62.99 in 62.99 in unknown in in bulk. Click here to get a free valuation.

Ohaus ARB120 E2501200310543 2100 G 0.01 G 50/60 HERTZ | Balances

  • Machinery Dimensions: 11.81 x 5.91 x 1.97 in
  • Model: ARB120
  • Serial Number: E2501200310543
  • Manufacturer Name: Ohaus
  • Capacity Size: 2100 G
  • Machinery Weight: 6.61 lb
  • Degree of Precision: 0.01 G
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Located in: Medan, Indonesia

We buy Ohaus ARB120 E2501200310543 2100 G 0.01 G 50/60 HERTZ in bulk. Click here to get a free valuation.

Xcellerex XDMQ500T 30346-18 | Mixers

  • Serial Number: 30346-18
  • Model: XDMQ500T
  • Machinery Dimensions: 374.02 x 47.24 x 59.06 in
  • Manufacturer Name: Xcellerex
  • Machinery Weight: 330.69 lb
  • Located in: Switzerland

We buy Xcellerex XDMQ500T 30346-18 in bulk. Click here to get a free valuation.

Phenomenex | Miscellaneous Lab Equipment

  • Manufacturer Name: Phenomenex
  • Located in: North America

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

Cientec Equipamentos para Laboratorio Ltda CT-4000 220 VOLTS 60 HERTZ 1500 WATTS | Laboratory Centrifuges

  • Machinery Dimensions: 17.72 x 23.62 x 13.78 in
  • Model: CT-4000
  • Manufacturer Name: Cientec Equipamentos para Laboratorio Ltda
  • Current: 1500 WATTS
  • Machinery Weight: 66.14 lb
  • Refrigerated: YES
  • Voltage: 220 VOLTS
  • Phase: 1
  • Frequency: 60 HERTZ
  • Located in: Brazil

We buy Cientec Equipamentos para Laboratorio Ltda CT-4000 220 VOLTS 60 HERTZ 1500 WATTS in bulk. Click here to get a free valuation.

BioMerieux Masterclave 60 140207-101 15.86 gal 400 VOLTS 32 AMPS | Sterilizers

  • Machinery Dimensions: 35 x 23 x 43 IN
  • Capacity Size: 15.86 gal
  • Serial Number: 140207-101
  • Model: Masterclave 60
  • Manufacturer Name: BioMerieux
  • Current: 32 AMPS
  • Machinery Weight: 175 LBS
  • Voltage: 400 VOLTS
  • Year: 2014
  • Recommended Packaging Form: CUSTOM PALLET
  • Phase: 3
  • Located in: IL, USA

We buy BioMerieux Masterclave 60 140207-101 15.86 gal 400 VOLTS 32 AMPS in bulk. Click here to get a free valuation.

Servo Lift LLC hc 551.15 lb | Lifts

  • Machinery Dimensions: 59.06 x 59.06 x 157.48 in
  • Manufacturer Name: Servo Lift LLC
  • Capacity Size: 551.15 lb
  • Type of Lift: PALLET
  • Model: HC
  • Machinery Weight: 1763.68 lb
  • Year: 2004
  • Located in: Europe

We buy Servo Lift LLC hc 551.15 lb in bulk. Click here to get a free valuation.

Coira STERI LIFT -SLA 3211 | Lifts

  • Machinery Weight: N/D LBS
  • Machinery Dimensions: N/D x N/D x N/D FT
  • Model: STERI LIFT -SLA 3211
  • Manufacturer Name: Coira
  • Capacity Size: 0
  • Operation: AUTOMATIC
  • Lifting Device: DRUM
  • Year: 1993
  • Located in: Europe

We buy Coira STERI LIFT -SLA 3211 in bulk. Click here to get a free valuation.

De Dietrich 8 Cubic Meters 69556 GLASS LINED 2167.99 gal 6 BAR 16 BAR 86.61 in 78.74 in | Reactors

  • Machinery Weight: 13888.98 lb
  • Machinery Dimensions: 129.92 x 98.43 x 98.43 in
  • Straight Side: 86.61 in
  • Jacket Temperature Rating: 235 DEG C
  • Jacket Pressure Rating: 16 BAR
  • Internal Pressure Rating: 6 BAR
  • Model: 8 Cubic Meters
  • Capacity of Reactor: 2167.99 gal
  • Serial Number: 69556
  • Inside Diameter: 78.74 in
  • Glass Lined - Has Vessel Been Spark Tested: YES
  • Manufacturer Name: De Dietrich
  • Internal Temperature Rating: 170 DEG C
  • Reactor Material of Construction: GLASS LINED
  • Agitator Location: TOP
  • Year: 2008
  • CE Marked: YES
  • Located in: Lincolnshire, United Kingdom

We buy De Dietrich 8 Cubic Meters 69556 GLASS LINED 2167.99 gal 6 BAR 16 BAR 86.61 in 78.74 in in bulk. Click here to get a free valuation.

BioMerieux TEMPO 50/60 HERTZ 220 VOLTS | Microbial Characterizations

  • Machinery Dimensions: 40 x 30 x 40 IN
  • Model: TEMPO
  • Manufacturer Name: BioMerieux
  • Machinery Weight: 50 LBS
  • Year: 2007
  • Voltage: 220 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Middle East

We buy BioMerieux TEMPO 50/60 HERTZ 220 VOLTS in bulk. Click here to get a free valuation.

Protimeter plc Mini | Meters

  • Model: Mini
  • Manufacturer Name: Protimeter plc
  • Machinery Dimensions: 5.91 x 9.84 x 1.97 in
  • Machinery Weight: 4.41 lb
  • CE Marked: YES
  • Located in: Medan, Indonesia

We buy Protimeter plc Mini in bulk. Click here to get a free valuation.

Lytzen J1 ELECTRICALLY HEATED | Drying Ovens

  • Machinery Dimensions: 78.35 x 55.12 x 92.13 in
  • Temperature Range: 220 DEG C
  • Model: J1
  • Manufacturer Name: Lytzen
  • Heating or Cooling Source: ELECTRICALLY HEATED
  • Year: 1990
  • Machinery Weight: 2.20 lb
  • Located in: Europe

We buy Lytzen J1 ELECTRICALLY HEATED in bulk. Click here to get a free valuation.

CWF Equipment PWH-100 11353 10000 LBS | Fork Lift Trucks

  • Model: PWH-100
  • Capacity Size: 10000 LBS
  • Serial Number: 11353
  • Manufacturer Name: CWF Equipment
  • Stand Up/Sit Down: Stand Up Walking
  • Battery Required: yes
  • Fuel: ELECTRIC
  • Machinery Weight: 1 LBS
  • Machinery Dimensions: 1 x 1 x 1 IN
  • Recommended Packaging Form: CUSTOM
  • Located in: PR, USA

We buy CWF Equipment PWH-100 11353 10000 LBS 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.

Holzworth Instrumentation HS9002A 324, 286 | Miscellaneous

  • Serial Number: 324, 286
  • Machinery Weight: 34 LBS
  • Machinery Dimensions: 36 x 16 x 2 IN
  • Model: HS9002A
  • Manufacturer Name: Holzworth Instrumentation
  • Recommended Packaging Form: 20C (28X20X20)
  • Located in: San Jose, CA, USA

We buy Holzworth Instrumentation HS9002A 324, 286 in bulk. Click here to get a free valuation.

Stilmas SPA PHARMASTILL MS 205S + PSG 750 DTS | Steam Generators

  • Machinery Dimensions: 236.22 x 59.06 x 98.43 in
  • Capacity Details: Tubes capacity L 22
  • Model: PHARMASTILL MS 205S + PSG 750 DTS
  • Capacity Size: Capacity liquid steam generator L 235 gal
  • Manufacturer Name: Stilmas SPA
  • Year: 1987
  • Machinery Weight: 11023.00 lb
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy Stilmas SPA PHARMASTILL MS 205S + PSG 750 DTS in bulk. Click here to get a free valuation.

Groninger | Cappers

  • Machinery Dimensions: 96 x 60 x 80 IN
  • Type of Capping: FILLER CAPPER COMBINATION
  • Manufacturer Name: Groninger
  • Machinery Weight: 7500 LBS
  • Type of Capper: ROTARY
  • Located in: North America

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

Acme Electric Corp 240-480 VOLTS 60 HERTZ | Transformers

  • Machinery Weight: 572 LBS
  • Machinery Dimensions: 52 x 13 x 22 IN
  • Voltage: 240-480 VOLTS
  • Secondary Voltage: 120/240
  • Primary Voltage: 240X480
  • KVA: 5.00 and 10 and 3.0 and 8.65
  • Manufacturer Name: Acme Electric Corp
  • Type of Transformer: DRY
  • Phase: 1
  • Frequency: 60 HERTZ
  • Recommended Packaging Form: PALLET
  • Located in: CA, USA

We buy Acme Electric Corp 240-480 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Elliott Tool Technologies M5773-00 | Tools

  • Model: M5773-00
  • Manufacturer Name: Elliott Tool Technologies
  • Machinery Dimensions: 24 x 24 x 40 IN
  • Machinery Weight: 500 Pounds
  • Recommended Packaging Form: CUSTOM
  • Located in: North America

We buy Elliott Tool Technologies M5773-00 in bulk. Click here to get a free valuation.

Mueller Company SL 004-037 551.15 lb 50/60 HERTZ 8 AMPS | Lifts

  • Machinery Dimensions: 72 x 36 x 72 IN
  • Model: SL
  • Serial Number: 004-037
  • Manufacturer Name: Mueller Company
  • Capacity Size: 551.15 lb
  • Operation: AUTOMATIC
  • Lifting Device: DRUM
  • Year: 2001
  • Machinery Weight: 1500 LBS
  • Current: 8 AMPS
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: PR, USA

We buy Mueller Company SL 004-037 551.15 lb 50/60 HERTZ 8 AMPS in bulk. Click here to get a free valuation.

Marchesini Group MB421 240 BPM 380 VOLTS 50 HERTZ | Thermoformers and Trim Presses

  • Machinery Dimensions: 172.24 x 40.75 x 74.80 in
  • Current: 1035
  • Capacity Speed: 240 BPM
  • Model: MB421
  • Manufacturer Name: Marchesini Group
  • Machinery Weight: 4960.35 lb
  • Year: 1999
  • Voltage: 380 VOLTS
  • Frequency: 50 HERTZ
  • Located in: Europe

We buy Marchesini Group MB421 240 BPM 380 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Rohde and Schwarz CMW-Z24 101279 | Miscellaneous

  • Serial Number: 101279
  • 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 101279 in bulk. Click here to get a free valuation.

Manesty bb4 210,000 TPH 0.63 in 0.69 in 220 VOLTS 50/60 HERTZ | Tablet Presses

  • Maximum depth of fill: 0.69 in
  • Maximum capacity (tablets per minute or hour): 210,000 TPH
  • Model: BB4
  • No. of Stations: 35
  • Manufacturer Name: Manesty
  • Machinery Dimensions: 118.11 x 78.74 x 86.61 in
  • Maximum tablet diameter: 0.63 in
  • Tooling type (IPT, EU, Other): EU
  • Year: 1985
  • Capacity Size (tooling - 'bb', 'B' or 'D'): BB
  • Machinery Weight: 4409.20 lb
  • Voltage: 220 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Europe

We buy Manesty bb4 210,000 TPH 0.63 in 0.69 in 220 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Dionex GP50 | Ion Chromatography

  • Model: GP50
  • Manufacturer Name: Dionex
  • Located in: North America

We buy Dionex GP50 in bulk. Click here to get a free valuation.

Fanuc Corporation LR Mate 100iB RJ3iB | Robotics

  • Machinery Dimensions: 48 x 48 x 48 INS
  • Model: LR Mate 100iB RJ3iB
  • Manufacturer Name: Fanuc Corporation
  • Machinery Weight: 500 LBS
  • Located in: North America

We buy Fanuc Corporation LR Mate 100iB RJ3iB in bulk. Click here to get a free valuation.

Keysight Technologies N3300A MY41005209 100-120/200-240 VOLTS 50/60 HERTZ 440 VA | Miscellaneous

  • Machinery Weight: 51 Pounds
  • Machinery Dimensions: 25 x 17 x 8 IN
  • Current: 440 VA
  • Voltage: 100-120/200-240 VOLTS
  • Serial Number: MY41005209
  • Model: N3300A
  • Manufacturer Name: Keysight Technologies
  • Recommended Packaging Form: 24C (28X24X22)
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: San Jose, CA, USA

We buy Keysight Technologies N3300A MY41005209 100-120/200-240 VOLTS 50/60 HERTZ 440 VA in bulk. Click here to get a free valuation.

Steelsmith MSC 10 | Trailers

  • Machinery Dimensions: 60 x 40 x 20 FT
  • Model: MSC 10
  • Manufacturer Name: Steelsmith
  • Machinery Weight: 10000 LBS
  • Year: 2017
  • Located in: North America

We buy Steelsmith MSC 10 in bulk. Click here to get a free valuation.

MicroPilot MP2128HELI | Electronic Testing and Measurement Equipment

  • Model: MP2128HELI
  • Manufacturer Name: MicroPilot
  • Machinery Dimensions: 3.94 x 3.94 x 3.94 in
  • Machinery Weight: 1.10 lb
  • Year: 2017
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Located in: Israel

We buy MicroPilot MP2128HELI in bulk. Click here to get a free valuation.

Tranter SHE CARBON STEEL CARBON STEEL CARBON BLOCK CARBON STEEL CARBON STEEL | Heat Exchangers/Condensers

  • Machinery Weight: 60627 LBS
  • Machinery Dimensions: 78.86 x 70.87 x 93.15 in
  • Shell Temperature Rating: -45 / 355 DEG C
  • Capacity of Heat Exchanger: 2098 SQ FT
  • National Board #: 233
  • Machinery Weight: 70107 LBS
  • Machinery Dimensions: 78.86 x 75.59 x 96.06 in
  • Shell Temperature Rating: -45 / 200 DEG C
  • Shell Pressure Rating: FV / 355 PSI
  • Type of Heat Exchanger: SPIRAL
  • Capacity of Heat Exchanger: 2580 SQ FT
  • National Board #: 217
  • Model: SHE
  • Manufacturer Name: Tranter
  • Products Run: UNUSED
  • Frame Material of Construction: CARBON STEEL
  • Plate Material of Construction: CARBON STEEL
  • Tube Material of Construction: CARBON STEEL
  • Block Material of Construction: CARBON BLOCK
  • Shell Material of Construction: CARBON STEEL
  • Orientation: HORIZONTAL
  • Year: 2014
  • Year: 2015
  • Located in: North America

We buy Tranter SHE CARBON STEEL CARBON STEEL CARBON BLOCK CARBON STEEL CARBON STEEL in bulk. Click here to get a free valuation.

Sweco Europe S.A. Belgium LS30S666SDSL 532270 30 IN 220-240/380-415 VOLTS 50 HERTZ | Screeners

  • Machinery Dimensions: 39.37 x 43.31 x 86.61 in
  • Voltage: 220-240/380-415 VOLTS
  • Screens Included: No
  • Diameter: 30 IN
  • Model: LS30S666SDSL
  • Serial Number: 532270
  • Manufacturer Name: Sweco Europe S.A. Belgium
  • Year: 2008
  • Machinery Weight: 551.15 lb
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 3
  • Located in: Israel

We buy Sweco Europe S.A. Belgium LS30S666SDSL 532270 30 IN 220-240/380-415 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Wilo IL100/150-15/2 20796509/0002, 0003 2900 RPM 3.94 in 3.94 in CAST IRON 15 KW 690/400 VOLTS 50 HERTZ 25.7 AMPS | Centrifugal Pumps

  • Serial Number: 20796509/0002, 0003
  • Machinery Dimensions: 39.37 x 14.17 x 37.40 in
  • Current: 25.7 AMPS
  • Horsepower: 15 KW
  • Model: IL100/150-15/2
  • Outlet Size: 3.94 in
  • Inlet Size: 3.94 in
  • Voltage: 690/400 VOLTS
  • Capacity Speed: 2900 RPM
  • Manufacturer Name: Wilo
  • Material of Construction: CAST IRON
  • Machinery Weight: 1322.76 lb
  • Year: 2011
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 3
  • Located in: Greece

We buy Wilo IL100/150-15/2 20796509/0002, 0003 2900 RPM 3.94 in 3.94 in CAST IRON 15 KW 690/400 VOLTS 50 HERTZ 25.7 AMPS in bulk. Click here to get a free valuation.

Erweka ZT32 106274.05, 00087267 127 VOLTS 60 HERTZ 15 AMPS | Disintegrators

  • Machinery Dimensions: 21.65 x 17.72 x 25.59 in
  • Voltage: 127 VOLTS
  • Serial Number: 106274.05, 00087267
  • Model: ZT32
  • Manufacturer Name: Erweka
  • Machinery Weight: 66.14 lb
  • Current: 15 AMPS
  • Recommended Packaging Form: CUSTOM
  • CE Marked: NO
  • Phase: 1
  • Frequency: 60 HERTZ
  • Located in: Distrito Federal, Mexico

We buy Erweka ZT32 106274.05, 00087267 127 VOLTS 60 HERTZ 15 AMPS in bulk. Click here to get a free valuation.

Eppendorf New Brunswick CelliGen BLUE Bioractor | Bioreactors

  • Model: New Brunswick CelliGen BLUE Bioractor
  • Manufacturer Name: Eppendorf
  • Located in: North America

We buy Eppendorf New Brunswick CelliGen BLUE Bioractor in bulk. Click here to get a free valuation.

Semitest SCA-2000 | Wafer Thickness Measurement

  • Model: SCA-2000
  • Manufacturer Name: Semitest
  • Machinery Dimensions: 48 x 48 x 60 IN
  • Machinery Weight: 500 LBS
  • Year: 1995
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: East Asia/Pacific

We buy Semitest SCA-2000 in bulk. Click here to get a free valuation.

Comarme GEM-X37 400 VOLTS 50 HERTZ 1.5 AMPS | Tapers

  • Machinery Dimensions: 90.55 x 35.43 x 66.93 in
  • Model: GEM-X37
  • Case Feed Type: SIDE
  • Number of Tape Heads: 2
  • Taping Method: TOP AND BOTTOM
  • Manufacturer Name: Comarme
  • Current: 1.5 AMPS
  • Machinery Weight: 352.74 lb
  • Year: 2000
  • Voltage: 400 VOLTS
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: Europe

We buy Comarme GEM-X37 400 VOLTS 50 HERTZ 1.5 AMPS in bulk. Click here to get a free valuation.

Applikon Biotechnology ADI 1035 | Bioreactors

  • Model: ADI 1035
  • Manufacturer Name: Applikon Biotechnology
  • Located in: North America

We buy Applikon Biotechnology ADI 1035 in bulk. Click here to get a free valuation.

JustRite | Miscellaneous

  • Manufacturer Name: JustRite
  • Machinery Dimensions: 48 x 48 x 42 IN
  • Machinery Weight: 300 LBS
  • Located in: Forest, VA, USA

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