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

Surplus Machinery

Keithley S40-Q009-12 1285355,1315093 100-240 VOLTS 50/60 HERTZ 140 VA | Miscellaneous

  • Machinery Dimensions: 26 x 19 x 11 IN
  • Current: 140 VA
  • Model: S40-Q009-12
  • Serial Number: 1285355,1315093
  • Manufacturer Name: Keithley
  • Machinery Weight: 42 Pounds
  • Recommended Packaging Form: 24C (28X24X22)
  • Voltage: 100-240 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: San Jose, CA, USA

We buy Keithley S40-Q009-12 1285355,1315093 100-240 VOLTS 50/60 HERTZ 140 VA in bulk. Click here to get a free valuation.

O'Hara Technologies Inc. LC II X 3589 28 RPM 6 BAR 380 VOLTS 50 HERTZ | Perforated Coating Pans

  • Machinery Weight: 6216.97 lb
  • Machinery Dimensions: 289.37 x 51.18 x 78.74 in
  • Pan Size: 15, 19, 30”
  • Capacity Speed: 28 RPM
  • Model: LC II X
  • Serial Number: 3589
  • Manufacturer Name: O'Hara Technologies Inc.
  • Year: 2003
  • Voltage: 380 VOLTS
  • Air Requirements: 6 BAR
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: Wales, United Kingdom

We buy O'Hara Technologies Inc. LC II X 3589 28 RPM 6 BAR 380 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Metrohm 800 Dosino 7911820 50/60 HERTZ | Titrators

  • Serial Number: 7911820
  • Model: 800 Dosino
  • Machinery Dimensions: 3.94 x 3.94 x 7.87 in
  • Manufacturer Name: Metrohm
  • Machinery Weight: 2.20 lb
  • Year: 2015
  • Frequency: 50/60 HERTZ
  • Located in: Basel, Switzerland

We buy Metrohm 800 Dosino 7911820 50/60 HERTZ in bulk. Click here to get a free valuation.

Hitachi Titanium Core C40HT 1039 brand new | Assembly Packaging

  • Serial Number: 1039
  • Machinery Weight: 22.05 lb
  • Machinery Dimensions: 32.28 x 7.87 x 7.87 in
  • Last Known Date of Operation: brand new
  • Any special features on the system?: YES
  • Any upgrade to the system?: YES
  • Model: Titanium Core C40HT
  • Manufacturer Name: Hitachi
  • Is System Running or Powered Off?: RUNNING
  • Fuctional or Non Functional: FUCTIONAL
  • Year: 2013
  • CE Marked: NO
  • Recommended Packaging Form: PALLET
  • Located in: Czech Republic

We buy Hitachi Titanium Core C40HT 1039 brand new in bulk. Click here to get a free valuation.

Aczet Pvt.Ltd. CY 124 | Balances

  • Model: CY 124
  • Manufacturer Name: Aczet Pvt.Ltd.
  • Located in: North America

We buy Aczet Pvt.Ltd. CY 124 in bulk. Click here to get a free valuation.

KleenLine 160121-KL2 208-230/460 VOLTS 60 HERTZ 3.1-3/1.5 AMPS STAINLESS STEEL 1 HP 4 IN BELT CONVEYOR | Conveyors

  • Machinery Weight: 720 LBS
  • Machinery Dimensions: 73 x 43 x 51 IN
  • Belt Size: 4 IN
  • Serial Number: 160121-KL2
  • Type of Conveyor Belt: plastic
  • Drive Horsepower: 1 HP
  • Current: 3.1-3/1.5 AMPS
  • Manufacturer Name: KleenLine
  • Type of Feet: ADJUSTABLE
  • Voltage: 208-230/460 VOLTS
  • Portable: NO
  • Guide Rails: YES
  • Type of Conveyors: BELT CONVEYOR
  • Material of Construction: STAINLESS STEEL
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: CA, USA

We buy KleenLine 160121-KL2 208-230/460 VOLTS 60 HERTZ 3.1-3/1.5 AMPS STAINLESS STEEL 1 HP 4 IN BELT CONVEYOR in bulk. Click here to get a free valuation.

Kraemer Elektronik CIW6.2 03190308 100/240 VOLTS 50/60 HERTZ 3.15 AMPS | Check Weighers

  • Model: CIW6.2
  • Serial Number: 03190308
  • Manufacturer Name: Kraemer Elektronik
  • Current: 3.15 AMPS
  • Machinery Dimensions: 19.69 x 19.69 x 19.69 in
  • Voltage: 100/240 VOLTS
  • Year: 2008
  • Machinery Weight: 220.46 lb
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Debrecen, Hungary

We buy Kraemer Elektronik CIW6.2 03190308 100/240 VOLTS 50/60 HERTZ 3.15 AMPS in bulk. Click here to get a free valuation.

Vankel VK 7000 115 VOLTS 60 HERTZ 3 AMPS | Dissolution Systems

  • Machinery Weight: 145 LBS
  • Machinery Dimensions: 38 x 21 x 27 IN
  • Machinery Dimensions: 64 x 25 x 29 IN
  • Model: VK 7000
  • Manufacturer Name: Vankel
  • Current: 3 AMPS
  • Machinery Weight: 175 LBS
  • Voltage: 115 VOLTS
  • CE Marked: YES
  • Phase: 1
  • Frequency: 60 HERTZ
  • Recommended Packaging Form: PALLET
  • Located in: MA, USA

We buy Vankel VK 7000 115 VOLTS 60 HERTZ 3 AMPS in bulk. Click here to get a free valuation.

ETA ST3-415 220 VOLTS 50/60 HERTZ unknown AMPS | Escalators/Elevators

  • Machinery Dimensions: 59.06 x 39.37 x 86.61 in
  • Model: ST3-415
  • Manufacturer Name: ETA
  • Current: unknown AMPS
  • Machinery Weight: 1102.30 lb
  • Voltage: 220 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Europe

We buy ETA ST3-415 220 VOLTS 50/60 HERTZ unknown AMPS in bulk. Click here to get a free valuation.

Nova Etica 400 / 5ND 12100/01 CARBON STEEL 600/500/500 in ELECTRICALLY HEATED 220 VOLTS 60 HERTZ 1500 WATTS | Drying Ovens

  • Machinery Weight: 125.66 lb
  • Machinery Dimensions: 35.24 x 25.67 x 24.45 in
  • Chamber Dimensions: 600/500/500 in
  • Temperature Range: 15/200 DEG C
  • Model: 400 / 5ND
  • Serial Number: 12100/01
  • Manufacturer Name: Nova Etica
  • Heating or Cooling Source: ELECTRICALLY HEATED
  • Current: 1500 WATTS
  • Voltage: 220 VOLTS
  • Material of Construction: CARBON STEEL
  • Frequency: 60 HERTZ
  • Recommended Packaging Form: PALLET
  • Located in: Sao Paulo, Brazil

We buy Nova Etica 400 / 5ND 12100/01 CARBON STEEL 600/500/500 in ELECTRICALLY HEATED 220 VOLTS 60 HERTZ 1500 WATTS in bulk. Click here to get a free valuation.

Fitzpatrick IR520 768 | Roller Compactors

  • Serial Number: 768
  • Machinery Weight: 3700 LBS
  • Machinery Dimensions: 144 x 48 x 88 IN
  • Model: IR520
  • Manufacturer Name: Fitzpatrick
  • CE Marked: YES
  • Located in: IN, USA

We buy Fitzpatrick IR520 768 in bulk. Click here to get a free valuation.

Mettler Toledo Hi-Speed, Inc. XXL | Miscellaneous

  • Model: XXL
  • Manufacturer Name: Mettler Toledo Hi-Speed, Inc.
  • Machinery Dimensions: 48 x 36 x 48 IN
  • Auto Reject: YES
  • Machinery Weight: 500 Pounds
  • Located in: Leipsic, OH, USA

We buy Mettler Toledo Hi-Speed, Inc. XXL in bulk. Click here to get a free valuation.

Sartorius TE64 26050508 60 G 0.1 MG 100-240 VOLTS 50/60 HERTZ | Balances

  • Machinery Dimensions: 10 x 8 x 12 IN
  • Capacity Size: 60 G
  • Serial Number: 26050508
  • Model: TE64
  • Machinery Weight: 20 Pounds
  • Degree of Precision: 0.1 MG
  • Manufacturer Name: Sartorius
  • Recommended Packaging Form: 19C (22X15X13)
  • Voltage: 100-240 VOLTS
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: IL, USA

We buy Sartorius TE64 26050508 60 G 0.1 MG 100-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Krauss Maffei KVZ33 | Decanter Centrifuges

  • Capacity Speed: 14 CU M/HR
  • Model: KVZ33
  • Year: 1967
  • Manufacturer Name: Krauss Maffei
  • Machinery Dimensions: 76.77 x 57.09 x 61.42 in
  • Machinery Weight: 5070.58 lb
  • Bowl Orientation: HORIZONTAL
  • Located in: Europe

We buy Krauss Maffei KVZ33 in bulk. Click here to get a free valuation.

Schenck Process LLC STAINLESS STEEL | Belt Feeders

  • Machinery Dimensions: 140 x 50 x 70 IN
  • Manufacturer Name: Schenck Process LLC
  • Machinery Weight: 3000 Pounds
  • Material of Construction: STAINLESS STEEL
  • Located in: LA, USA

We buy Schenck Process LLC STAINLESS STEEL in bulk. Click here to get a free valuation.

Labconco Corporation | Dishwashers

  • Manufacturer Name: Labconco Corporation
  • Machinery Weight: 0 Pounds
  • Machinery Dimensions: 0 x 0 x 0 IN
  • Located in: IN, USA

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

Edelmann SDP451 50 HERTZ 400 VOLTS | Positive Displacement Pumps / Lobe

  • Machinery Dimensions: 39.37 x 29.53 x 57.09 in
  • Model: SDP451
  • Manufacturer Name: Edelmann
  • Machinery Weight: 771.61 lb
  • Voltage: 400 VOLTS
  • Frequency: 50 HERTZ
  • Phase: 3
  • Located in: Europe

We buy Edelmann SDP451 50 HERTZ 400 VOLTS in bulk. Click here to get a free valuation.

Gocmen 1 | Baking Lines

  • Machinery Weight: LBS
  • Machinery Dimensions: 16.40 x 4.92 x 6.56 ft
  • Manufacturer Name: Gocmen
  • Model: 1
  • Year: 2005
  • Located in: Europe

We buy Gocmen 1 in bulk. Click here to get a free valuation.

Fedegari FOF1/A STEAM HEATED STAINLESS STEEL | Autoclaves

  • Machinery Weight: 4012.37 lb
  • Machinery Dimensions: 320 x 180 x 250 IN
  • Model: FOF1/A
  • Manufacturer Name: Fedegari
  • Heating or Cooling Source: STEAM HEATED
  • Year: 2016
  • Material of Construction: STAINLESS STEEL
  • CE Marked: YES
  • Located in: Middle East

We buy Fedegari FOF1/A STEAM HEATED STAINLESS STEEL in bulk. Click here to get a free valuation.

Mettler Toledo Seven Multi B146449804, B723221846 50/60 HERTZ | Conductivity Meters

  • Machinery Dimensions: 11.81 x 11.81 x 3.15 in
  • Model: Seven Multi
  • Serial Number: B146449804, B723221846
  • Manufacturer Name: Mettler Toledo
  • Machinery Weight: 8.82 lb
  • Year: 2011
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Located in: Basel, Switzerland

We buy Mettler Toledo Seven Multi B146449804, B723221846 50/60 HERTZ in bulk. Click here to get a free valuation.

Whatman 75-83-M312 | Miscellaneous Lab Equipment

  • Model: 75-83-M312
  • Manufacturer Name: Whatman
  • Located in: North America

We buy Whatman 75-83-M312 in bulk. Click here to get a free valuation.

SM CAM SM87 400 VOLTS 50 HERTZ | Case Packers

  • Machinery Dimensions: 125.98 x 74.80 x 74.80 in
  • Model: SM87
  • Manufacturer Name: SM CAM
  • Voltage: 400 VOLTS
  • Machinery Weight: 1543.22 lb
  • Frequency: 50 HERTZ
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy SM CAM SM87 400 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Endoline 50/60 HERTZ | Case Erectors

  • Machinery Dimensions: 6.56 x 4.92 x 4.92 ft
  • Machinery Dimensions: 6.56 x 3.28 x 4.92 ft
  • Bottom Sealing: HOT MELT GLUE
  • Manufacturer Name: Endoline
  • Machinery Weight: 1102.30 lb
  • Machinery Weight: 1543.22 lb
  • Frequency: 50/60 HERTZ
  • Located in: Europe

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

Romaco Promatic Bipak 50 CPM | Vertical Cartoners

  • Machinery Dimensions: 141.73 x 72.64 x 1840 in
  • Model: Promatic Bipak
  • Speed: 50 CPM
  • Manufacturer Name: Romaco
  • Machinery Weight: 2976.21 lb
  • Line Motion: INTERMITTENT
  • Product Loading: AUTOMATIC
  • Product Handling: VERTICAL
  • Year: 1987
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: North America

We buy Romaco Promatic Bipak 50 CPM in bulk. Click here to get a free valuation.

Imbil Industria e Manutencao de Bombas ITA Ltda E3 5M C01633K001 12.5 HP 220/380/440 VOLTS 60 HERTZ 32/18.5/16 AMPS | Centrifugal Pumps

  • Machinery Dimensions: 55.91 x 20.08 x 39.37 in
  • Current: 32/18.5/16 AMPS
  • RPM: 1760
  • Horsepower: 12.5 HP
  • Capacity Speed: 1200 CU M/HR
  • Model: E3 5M
  • Serial Number: C01633K001
  • Manufacturer Name: Imbil Industria e Manutencao de Bombas ITA Ltda
  • Voltage: 220/380/440 VOLTS
  • Machinery Weight: 440.92 lb
  • Year: 2013
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: SP, Brazil

We buy Imbil Industria e Manutencao de Bombas ITA Ltda E3 5M C01633K001 12.5 HP 220/380/440 VOLTS 60 HERTZ 32/18.5/16 AMPS in bulk. Click here to get a free valuation.

Rohde and Schwarz CMW500 129718 100-240 VOLTS 50/60 HERTZ 850 VA | Miscellaneous

  • Serial Number: 129718
  • Machinery Dimensions: 21 x 19 x 8 IN
  • Current: 850 VA
  • Model: CMW500
  • Manufacturer Name: Rohde and Schwarz
  • Machinery Weight: 50 LBS
  • Recommended Packaging Form: 24C (28X24X22)
  • Voltage: 100-240 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: San Jose, CA, USA

We buy Rohde and Schwarz CMW500 129718 100-240 VOLTS 50/60 HERTZ 850 VA in bulk. Click here to get a free valuation.

Heraeus BBD6220 20004845 230 VOLTS 50/60 HERTZ | Miscellaneous

  • Machinery Dimensions: 43.31 x 31.50 x 35.43 in
  • Model: BBD6220
  • Serial Number: 20004845
  • Manufacturer Name: Heraeus
  • Machinery Weight: 176.37 lb
  • Voltage: 230 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: Basel, Basel, Switzerland

We buy Heraeus BBD6220 20004845 230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

ITW Dynatec 240 VOLTS 50/60 HERTZ 50 AMPS | Glue Machines

  • Machinery Dimensions: 47.24 x 19.69 x 47.24 in
  • Manufacturer Name: ITW Dynatec
  • Current: 50 AMPS
  • Machinery Weight: 3306.90 lb
  • Voltage: 240 VOLTS
  • Frequency: 50/60 HERTZ
  • Located in: Distrito Nacional, Dominican Republic

We buy ITW Dynatec 240 VOLTS 50/60 HERTZ 50 AMPS in bulk. Click here to get a free valuation.

Aczet Pvt.Ltd. CY 15001H | Balances

  • Model: CY 15001H
  • Manufacturer Name: Aczet Pvt.Ltd.
  • Located in: North America

We buy Aczet Pvt.Ltd. CY 15001H in bulk. Click here to get a free valuation.

DuBuit Space 244 9902 and 9903 6000 Bottles/Hour 6 BAR 220 VOLTS 60 HERTZ | Printing Presses

  • Machinery Dimensions: 200 x 53 x 72 IN
  • Print Speed: 6000 Bottles/Hour
  • Type of Dryer: UV
  • Model: Space 244
  • Serial Number: 9902 and 9903
  • Manufacturer Name: DuBuit
  • Year: 1999
  • Machinery Weight: 4000 LBS
  • Air Requirements: 6 BAR
  • Products Run: Bottles
  • Voltage: 220 VOLTS
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: CA, USA

We buy DuBuit Space 244 9902 and 9903 6000 Bottles/Hour 6 BAR 220 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Mc Quay OP-0761-02 E082AV600APDH5HE 1775 RPM 230/460 VOLTS 60 HERTZ 136/68 AMPS | Air Handlers

  • Machinery Dimensions: 346.46 x 137.80 x 114.17 in
  • Current: 136/68 AMPS
  • Capacity Speed: 1775 RPM
  • Model: OP-0761-02
  • Serial Number: E082AV600APDH5HE
  • Manufacturer Name: Mc Quay
  • Machinery Weight: 6613.80 lb
  • Capacity Size: lb
  • Year: 2008
  • Recommended Packaging Form: CUSTOM
  • CE Marked: NO
  • Phase: 3
  • Frequency: 60 HERTZ
  • Voltage: 230/460 VOLTS
  • Located in: Mexico

We buy Mc Quay OP-0761-02 E082AV600APDH5HE 1775 RPM 230/460 VOLTS 60 HERTZ 136/68 AMPS in bulk. Click here to get a free valuation.

Unknown ROLLER CONVEYOR | Conveyors

  • Machinery Dimensions: 24 x 6 x 3 FT
  • Machinery Dimensions: 52 x 48 x 44 IN
  • Type of Conveyors: ROLLER CONVEYOR
  • Machinery Weight: 350 LBS
  • Machinery Weight: 500 LBS
  • Located in: GA, USA

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

Sondex, Inc. SW40A-IS-64 GRAPHITE BLOCK CARBON STEEL 316 STAINLESS CARBON BLOCK 316 STAINLESS CARBON STEEL 300 PSI | Heat Exchangers/Condensers

  • Machinery Weight: 2783 LBS
  • Machinery Dimensions: 86 x 20 x 60 IN
  • Plate Temperature Rating: -22/300 DEG F
  • Plate Pressure Rating: 300 PSI
  • Type of Heat Exchanger: GRAPHITE BLOCK
  • Capacity of Heat Exchanger: 1165.08 SQ FT
  • National Board #: 1597
  • Model: SW40A-IS-64
  • Manufacturer Name: Sondex, Inc.
  • Products Run: UNUSED
  • Frame Material of Construction: CARBON STEEL
  • Plate Material of Construction: 316 STAINLESS
  • Tube Material of Construction: 316 STAINLESS
  • Block Material of Construction: CARBON BLOCK
  • Shell Material of Construction: CARBON STEEL
  • Year: 2013
  • Located in: North America

We buy Sondex, Inc. SW40A-IS-64 GRAPHITE BLOCK CARBON STEEL 316 STAINLESS CARBON BLOCK 316 STAINLESS CARBON STEEL 300 PSI in bulk. Click here to get a free valuation.

Tiger-Vac International Inc. EMI-CWR | Miscellaneous

  • Machinery Dimensions: 36 x 18 x 28 IN
  • Model: EMI-CWR
  • Manufacturer Name: Tiger-Vac International Inc.
  • Machinery Weight: 50 LBS
  • Recommended Packaging Form: PALLET
  • Located in: Forest, VA, USA

We buy Tiger-Vac International Inc. EMI-CWR 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.

Troemner | Miscellaneous

  • Machinery Dimensions: 12 x 4 x 2 IN
  • Machinery Dimensions: 11 x 8 x 5 IN
  • Machinery Dimensions: 12 x 8 x 4 IN
  • Machinery Dimensions: 18 x 14 x 15 IN
  • Manufacturer Name: Troemner
  • Machinery Weight: 15 LBS
  • Machinery Weight: 10 LBS
  • Machinery Weight: 50 LBS
  • Machinery Weight: 5 LBS
  • Recommended Packaging Form: 20C (28X20X20)
  • Recommended Packaging Form: 12C (12X12X12)
  • Located in: Forest, VA, USA

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

Wilo VR-System 2987849, 2987846 400 VOLTS 50 HERTZ | Switchgears

  • Machinery Dimensions: 88.58 x 33.46 x 80.71 in
  • Serial Number: 2987849, 2987846
  • Model: VR-System
  • Manufacturer Name: Wilo
  • Phase: 3+1
  • Voltage: 400 VOLTS
  • Machinery Weight: 2204.60 lb
  • Year: 2011
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Located in: Greece

We buy Wilo VR-System 2987849, 2987846 400 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Ribo VS 5/159 230/400 VOLTS | Filters

  • Machinery Dimensions: 31.50 x 25.59 x 81.10 in
  • Model: VS 5/159
  • Manufacturer Name: Ribo
  • Voltage: 230/400 VOLTS
  • Frequency: 50
  • Machinery Weight: 176.37 lb
  • Year: 2012
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy Ribo VS 5/159 230/400 VOLTS in bulk. Click here to get a free valuation.

BootieButler | Dispensers

  • Machinery Dimensions: 60 x 13 x 36 IN
  • Manufacturer Name: BootieButler
  • Machinery Weight: 72 LBS
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: CA, USA

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

Artypac Arty 80V 80 PSI 15 AMPS 60 HERTZ 230 VOLTS | Form Fill Seal Machines

  • Machinery Dimensions: 60 x 48 x 84 IN
  • Model: Arty 80V
  • Manufacturer Name: Artypac
  • Air Requirements: 80 PSI
  • Year: 2011
  • Voltage: 230 VOLTS
  • Current: 15 AMPS
  • Recommended Packaging Form: CUSTOM
  • CE Marked: NO
  • Phase: 1
  • Machinery Weight: 2000 LBS
  • Frequency: 60 HERTZ
  • Located in: North America

We buy Artypac Arty 80V 80 PSI 15 AMPS 60 HERTZ 230 VOLTS in bulk. Click here to get a free valuation.