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

Surplus Machinery

Waters e2695 DIODE ARRAY 100-240 VOLTS 50/60 HERTZ | Miscellaneous

  • Machinery Dimensions: 78 x 18 x 24 IN
  • Model: e2695
  • Manufacturer Name: Waters
  • Machinery Weight: 155 LBS
  • Type of Detector for HPLC: DIODE ARRAY
  • Voltage: 100-240 VOLTS
  • Recommended Packaging Form: CRATE
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Forest, VA, USA

We buy Waters e2695 DIODE ARRAY 100-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Aczet Pvt.Ltd. CM 2 F | Balances

  • Model: CM 2 F
  • Manufacturer Name: Aczet Pvt.Ltd.
  • Located in: North America

We buy Aczet Pvt.Ltd. CM 2 F in bulk. Click here to get a free valuation.

Sartorius MA150C 21809540 100/240 VOLTS 50 HERTZ | Moisture Analyzers

  • Model: MA150C
  • Serial Number: 21809540
  • Machinery Dimensions: 13.78 x 13.78 x 11.81 in
  • Manufacturer Name: Sartorius
  • Machinery Weight: 11.02 lb
  • Voltage: 100/240 VOLTS
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 1
  • Located in: Medan, Indonesia

We buy Sartorius MA150C 21809540 100/240 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Armfield FT74X | Pasteurizers

  • Machinery Dimensions: 35.43 x 33.46 x 55.12 in
  • Model: FT74X
  • Manufacturer Name: Armfield
  • Machinery Weight: 837.75 lb
  • Located in: Europe

We buy Armfield FT74X in bulk. Click here to get a free valuation.

New Brunswick Scientific Bohdan 201040346 230 VOLTS 50/60 HERTZ | Shakers

  • Serial Number: 201040346
  • Machinery Dimensions: 17.72 x 15.75 x 9.84 in
  • Model: Bohdan
  • Manufacturer Name: New Brunswick Scientific
  • Machinery Weight: 55.12 lb
  • Voltage: 230 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Antwerpen, Belgium

We buy New Brunswick Scientific Bohdan 201040346 230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Sicma SpA B01 3000 BPH 380 VOLTS 50/60 HERTZ 0.4 KW | Air Washers/Scrubber

  • Model: B01
  • Manufacturer Name: Sicma SpA
  • Capacity Speed: 3000 BPH
  • Current: 0.4 KW
  • Machinery Weight: 1322.76 lb
  • Machinery Dimensions: 78.74 x 78.74 x 78.74 in
  • Year: 2004
  • Voltage: 380 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 3
  • Located in: Europe

We buy Sicma SpA B01 3000 BPH 380 VOLTS 50/60 HERTZ 0.4 KW in bulk. Click here to get a free valuation.

Applied Materials Inc 0010-26749 34410 35-50 LBS 145 PSI | Actuators

  • Serial Number: 34410
  • Model: 0010-26749
  • Machinery Dimensions: 10 x 7 x 20 IN
  • Capacity Speed: 145 PSI
  • Capacity Size: 35-50 LBS
  • Type of Actuator: PNEUMATIC
  • Machinery Weight: 30 LBS
  • Manufacturer Name: Applied Materials Inc
  • Recommended Packaging Form: 19C (22X15X13)
  • Located in: CA, USA

We buy Applied Materials Inc 0010-26749 34410 35-50 LBS 145 PSI 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.

Crown SP3400 1A314719 3000 LBS not included | Fork Lift Trucks

  • Hours Of Operation: 9094
  • Serial Number: 1A314719
  • Machinery Weight: 8523 LBS
  • Machinery Dimensions: 120 x 94 x 40 IN
  • Battery Required: not included
  • Model: SP3400
  • Capacity Size: 3000 LBS
  • Manufacturer Name: Crown
  • Located in: GA, USA

We buy Crown SP3400 1A314719 3000 LBS not included in bulk. Click here to get a free valuation.

Linde L14 B4XO91DO5230 3086.44 lb 24 VOLTS | Fork Lift Trucks

  • Machinery Dimensions: 70.87 x 32.28 x 90.55 in
  • Serial Number: B4XO91DO5230
  • Machinery Weight: 2947.55 lb
  • Model: L14
  • Manufacturer Name: Linde
  • Capacity Size: 3086.44 lb
  • Voltage: 24 VOLTS
  • Lifting Device: FORK
  • Fuel: ELECTRIC
  • Year: 2013
  • Recommended Packaging Form: CUSTOM
  • Located in: Sao Paulo, Brazil

We buy Linde L14 B4XO91DO5230 3086.44 lb 24 VOLTS in bulk. Click here to get a free valuation.

Waters Waters 1525 Binary Pump, serial # A0425P514M | HPLC

  • Machinery Dimensions: 11 x 19 x 15 IN
  • Model: Waters 1525 Binary Pump, serial # A0425P514M
  • Manufacturer Name: Waters
  • Machinery Weight: 60 LBS
  • Located in: North America

We buy Waters Waters 1525 Binary Pump, serial # A0425P514M in bulk. Click here to get a free valuation.

ABB IRC5 M200A 24-63016; 54628 1 BPM 400/480 VOLTS 50/60 HERTZ 6 AMPS | Tray Packers

  • Machinery Weight: 830 LBS
  • Machinery Dimensions: 144 x 96 x 85 IN
  • Current: 6 AMPS
  • Voltage: 400/480 VOLTS
  • Capacity Speed: 1 BPM
  • Serial Number: 24-63016; 54628
  • Model: IRC5 M200A
  • Year: 2009
  • Manufacturer Name: ABB
  • Frequency: 50/60 HERTZ
  • Located in: AR, USA

We buy ABB IRC5 M200A 24-63016; 54628 1 BPM 400/480 VOLTS 50/60 HERTZ 6 AMPS in bulk. Click here to get a free valuation.

Anritsu Corporation MF6900A 620135581,6201234217 100-120/200-240 VOLTS 50/60 HERTZ 350 AMPS | Miscellaneous

  • Machinery Dimensions: 44 x 15 x 9 IN
  • Current: 350 AMPS
  • Model: MF6900A
  • Serial Number: 620135581,6201234217
  • Manufacturer Name: Anritsu Corporation
  • Voltage: 100-120/200-240 VOLTS
  • Machinery Weight: 60 LBS
  • Recommended Packaging Form: 24C (28X24X22)
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: San Jose, CA, USA

We buy Anritsu Corporation MF6900A 620135581,6201234217 100-120/200-240 VOLTS 50/60 HERTZ 350 AMPS in bulk. Click here to get a free valuation.

RMB 50/60 HERTZ | Unscramblers

  • Machinery Dimensions: 120 x 48 x 48 IN
  • Manufacturer Name: RMB
  • Machinery Weight: 2205 LBS
  • Frequency: 50/60 HERTZ
  • Located in: Europe

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

Uhlmann Packaging Systems IBC-200 150/101 200 BPM 480 VOLTS 60 HERTZ 14 AMPS | Miscellaneous

  • Machinery Dimensions: 48 x 36 x 80 IN
  • Missing Product Detector: yes
  • Count/Container: variable
  • Counting Method: AUTOMATIC
  • Model: IBC-200
  • Serial Number: 150/101
  • Manufacturer Name: Uhlmann Packaging Systems
  • Capacity Speed: 200 BPM
  • Current: 14 AMPS
  • Automatic Reject: Yes
  • Container Lanes: SINGLE
  • Year: 2008
  • Machinery Weight: 500 LBS
  • CE Marked: YES
  • Voltage: 480 VOLTS
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Forest, VA, USA

We buy Uhlmann Packaging Systems IBC-200 150/101 200 BPM 480 VOLTS 60 HERTZ 14 AMPS in bulk. Click here to get a free valuation.

Harrington 2 Ton 2 TONS | Hoists

  • Capacity Size: 2 TONS
  • Model: 2 Ton
  • Manufacturer Name: Harrington
  • Machinery Weight: 1 LBS
  • Machinery Dimensions: 1 x 1 x 1 IN
  • Recommended Packaging Form: CUSTOM
  • Located in: Honduras

We buy Harrington 2 Ton 2 TONS in bulk. Click here to get a free valuation.

Newman Labeling Systems Inc 120 VOLTS 60 HERTZ | Labelers

  • Machinery Dimensions: 9 x 4 x 5 FT
  • Manufacturer Name: Newman Labeling Systems Inc
  • Year: 1987
  • Application Type: WIPE/MERGE
  • Number of Labeling Heads: 1
  • Type of Labeler: INLINE
  • Phase: 1
  • Voltage: 120 VOLTS
  • Machinery Weight: 2000 LBS
  • Recommended Packaging Form: CUSTOM PALLET
  • Frequency: 60 HERTZ
  • Located in: North America

We buy Newman Labeling Systems Inc 120 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

LONDON PACK - ICA CV3 / PV3 | Bagging Machines

  • Machinery Dimensions: 196.85 x 59.06 x 86.61 in
  • Product Sizing: flow rate from 25 to 1000 gr.
  • Model: CV3 / PV3
  • Manufacturer Name: LONDON PACK - ICA
  • Year: 1982
  • Machinery Weight: 4409.20 lb
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy LONDON PACK - ICA CV3 / PV3 in bulk. Click here to get a free valuation.

Applied Energy Solutions 12R0875D2D 06R32875 208/240/480 VOLTS 60 HERTZ | Battery Chargers

  • Serial Number: 06R32875
  • Machinery Dimensions: 18 x 18 x 24 IN
  • Model: 12R0875D2D
  • Manufacturer Name: Applied Energy Solutions
  • Voltage: 208/240/480 VOLTS
  • Capacity Details: 24V
  • Machinery Weight: 100 LBS
  • Phase: 1
  • Frequency: 60 HERTZ
  • Located in: GA, USA

We buy Applied Energy Solutions 12R0875D2D 06R32875 208/240/480 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Ingersoll Rand MH-75 2771243 75 KW 2920 RPM 8 BAR 380 VOLTS 50/60 HERTZ | Compressors

  • Machinery Dimensions: 70.87 x 51.18 x 70.87 in
  • Pressure Rating: 8 BAR
  • Capacity Speed: 2920 RPM
  • Capacity Size: 75 KW
  • Serial Number: 2771243
  • Model: MH-75
  • Hours: 56000 on the 13/09/2019
  • Manufacturer Name: Ingersoll Rand
  • Produce Being Compressed: Air
  • Machinery Weight: 6613.80 lb
  • Year: 2008
  • Voltage: 380 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 3
  • Located in: Kildare, Ireland

We buy Ingersoll Rand MH-75 2771243 75 KW 2920 RPM 8 BAR 380 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Gordic F60 1.000 TPM 6 BAR 220 VOLTS | Fillers

  • Machinery Weight: 698.86 lb
  • Machinery Dimensions: 83.86 x 62.99 x 55.12 in
  • Plunger Station: YES
  • Average operating speed: 1.000 TPM
  • Current Application (Products,Sizes Run and Shape of Bottle): tablets
  • Model: F60
  • Manufacturer Name: Gordic
  • Type of Filler: TUBE
  • Year: 1991
  • Frequency: 50
  • Air Requirements: 6 BAR
  • Voltage: 220 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: Europe

We buy Gordic F60 1.000 TPM 6 BAR 220 VOLTS in bulk. Click here to get a free valuation.

Fuji FW3700 Alpha V | Flow Wrappers

  • Model: FW3700 Alpha V
  • Manufacturer Name: Fuji
  • Machinery Weight: 0 LBS
  • Machinery Dimensions: 0 x 0 x 0 IN
  • Located in: North America

We buy Fuji FW3700 Alpha V in bulk. Click here to get a free valuation.

Rohde and Schwarz CMW500 108850 100-240 VOLTS 50/60 HERTZ 850 VA | Communication Testing Equipment

  • Serial Number: 108850
  • 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: CA, USA

We buy Rohde and Schwarz CMW500 108850 100-240 VOLTS 50/60 HERTZ 850 VA in bulk. Click here to get a free valuation.

Flexicon FS32 04066529. 230 VOLTS 50/60 HERTZ 50 WATTS | Cappers

  • Machinery Dimensions: 11.81 x 7.87 x 15.75 in
  • Model: FS32
  • Serial Number: 04066529.
  • Manufacturer Name: Flexicon
  • Type of Capping: CRIMP
  • Current: 50 WATTS
  • Machinery Weight: 22.05 lb
  • Year: 2004
  • Type of Capper: INLINE
  • Voltage: 230 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Wales, United Kingdom

We buy Flexicon FS32 04066529. 230 VOLTS 50/60 HERTZ 50 WATTS in bulk. Click here to get a free valuation.

Hettich Mikro 200 14000 U/min 200-240 VOLTS 50 HERTZ | Laboratory Centrifuges

  • Machinery Dimensions: 18.11 x 30.00 x 20.00 in
  • Max Speed: 14000 U/min
  • Model: Mikro 200
  • Manufacturer Name: Hettich
  • Voltage: 200-240 VOLTS
  • Machinery Weight: 110.23 lb
  • Year: 2005
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 1
  • Located in: Europe

We buy Hettich Mikro 200 14000 U/min 200-240 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

CAM Packaging Systems G35 6-35 cycles/min FLOW WRAPPING(OVERWRAPPING) | Wrappers/Overwrappers/Bundlers

  • Machinery Dimensions: 125.98 x 95.67 x 68.90 in
  • Wrapping Method: FLOW WRAPPING(OVERWRAPPING)
  • Packages/Minutes: 6-35 cycles/min
  • Product Sizing: Single carton dimensions min. 15 x 50 x 10 Single carton dimensions max. 300 x 200 x 90
  • Capacity Speed: 6-35 cycles/min CPM
  • Manufacturer Name: CAM Packaging Systems
  • Model: G35
  • Machinery Weight: 2976.21 lb
  • Year: 2008
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy CAM Packaging Systems G35 6-35 cycles/min FLOW WRAPPING(OVERWRAPPING) in bulk. Click here to get a free valuation.

VWR International Digital Heat Block | Miscellaneous Lab Equipment

  • Model: Digital Heat Block
  • Manufacturer Name: VWR International
  • Located in: North America

We buy VWR International Digital Heat Block in bulk. Click here to get a free valuation.

Malvern Instruments Inc. 2000 MAL101128; MAL120421; MAL160493; MAL000026; MAL1021479; MAL1021479 100/240 VOLTS 50/60 HERTZ | Miscellaneous

  • Machinery Dimensions: 103 x 51 x 22 IN
  • Serial Number: MAL101128; MAL120421; MAL160493; MAL000026; MAL1021479; MAL1021479
  • Manufacturer Name: Malvern Instruments Inc.
  • Machinery Weight: 260 LBS
  • Model: 2000
  • Voltage: 100/240 VOLTS
  • Frequency: 50/60 HERTZ
  • Located in: Forest, VA, USA

We buy Malvern Instruments Inc. 2000 MAL101128; MAL120421; MAL160493; MAL000026; MAL1021479; MAL1021479 100/240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Thermo Finnigan LCQ / Surveyor / LC-Q / LC Q | Mass Spectrometers

  • Model: LCQ / Surveyor / LC-Q / LC Q
  • Manufacturer Name: Thermo Finnigan
  • Located in: North America

We buy Thermo Finnigan LCQ / Surveyor / LC-Q / LC Q in bulk. Click here to get a free valuation.

Makino Milling Machine Co LTD MC 1013 39.37 in 51.18 in 39.37 in | Machining Centers

  • Tool Changer Capacity: 120
  • Travel Z-Axis: 39.37 in
  • Travel Y-Axis: 51.18 in
  • Travel X-Axis: 39.37 in
  • Model: MC 1013
  • Manufacturer Name: Makino Milling Machine Co LTD
  • Machinery Weight: 0 Pounds
  • Year: 1999
  • Type of Control: CNC
  • Machinery Dimensions: 0 x 0 x 0 IN
  • Located in: KS, USA

We buy Makino Milling Machine Co LTD MC 1013 39.37 in 51.18 in 39.37 in in bulk. Click here to get a free valuation.

Elton SA 6000(320) 220 VOLTS 60 HERTZ | Thermoformers and Trim Presses

  • Machinery Dimensions: 275.59 x 55.12 x 295.28 in
  • Model: 6000(320)
  • Manufacturer Name: Elton SA
  • Machinery Weight: 4409.20 lb
  • Voltage: 220 VOLTS
  • CE Marked: YES
  • Year: 1998
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Latin America

We buy Elton SA 6000(320) 220 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Collette SM 200 HIGH SHEAR | Mixers

  • Machinery Dimensions: 47.24 x 39.37 x 90.55 in
  • Model: SM 200
  • Manufacturer Name: Collette
  • Machinery Weight: 2755.75 lb
  • Type of mixer: HIGH SHEAR
  • Located in: Europe

We buy Collette SM 200 HIGH SHEAR in bulk. Click here to get a free valuation.

Aesus Premier 582P PRESSURE SENSITIVE 60 PSI 208 VOLTS 60 HERTZ 15 AMPS | Labelers

  • Machinery Dimensions: 48 x 48 x 96 IN
  • Air Requirements: 60 PSI
  • Products Run: Carton
  • Model: Premier 582P
  • Manufacturer Name: Aesus
  • Application Type: WIPE/MERGE
  • Number of Labeling Heads: 1
  • Type of Label: PRESSURE SENSITIVE
  • Type of Labeler: INLINE
  • Year: 2006
  • Machinery Weight: 1500 LBS
  • Current: 15 AMPS
  • Voltage: 208 VOLTS
  • Year: 2007
  • CE Marked: NO
  • Phase: 1
  • Recommended Packaging Form: CUSTOM PALLET
  • Frequency: 60 HERTZ
  • Located in: North America

We buy Aesus Premier 582P PRESSURE SENSITIVE 60 PSI 208 VOLTS 60 HERTZ 15 AMPS in bulk. Click here to get a free valuation.

GSE Inc GSE 350 999831 132.28 lb 18x18 IN 90-250 VOLTS 50/60 HERTZ 0.5 AMPS | Scales

  • Machinery Dimensions: 24 x 18 x 56 IN
  • Voltage: 90-250 VOLTS
  • Platform Dimensions: 18x18 IN
  • Model: GSE 350
  • Serial Number: 999831
  • Manufacturer Name: GSE Inc
  • Capacity Size: 132.28 lb
  • Current: 0.5 AMPS
  • Machinery Weight: 150 LBS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Recommended Packaging Form: PALLET
  • Located in: MA, USA

We buy GSE Inc GSE 350 999831 132.28 lb 18x18 IN 90-250 VOLTS 50/60 HERTZ 0.5 AMPS in bulk. Click here to get a free valuation.

Waters Acquity / Q-Tof Premier | Mass Spectrometers

  • Model: Acquity / Q-Tof Premier
  • Manufacturer Name: Waters
  • Located in: North America

We buy Waters Acquity / Q-Tof Premier in bulk. Click here to get a free valuation.

Sapal BI-e 380 VOLTS 60 HERTZ | Chocolate Wrappers

  • Machinery Dimensions: 232.28 x 55.12 x 102.36 in
  • Capacity Details: up to 350 Units/min.
  • Model: BI-e
  • Manufacturer Name: Sapal
  • Machinery Weight: 3968.28 lb
  • Year: 1992
  • Voltage: 380 VOLTS
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Espirito Santo, Brazil

We buy Sapal BI-e 380 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Edwards XDS5C | Miscellaneous Lab Equipment

  • Model: XDS5C
  • Manufacturer Name: Edwards
  • Located in: North America

We buy Edwards XDS5C in bulk. Click here to get a free valuation.

Applied Materials Inc 0010-25624 29211-1 35-50 LBS 145 PSI | Actuators

  • Serial Number: 29211-1
  • Machinery Dimensions: 10 x 7 x 20 IN
  • Capacity Speed: 145 PSI
  • Capacity Size: 35-50 LBS
  • Type of Actuator: PNEUMATIC
  • Model: 0010-25624
  • Machinery Weight: 30 LBS
  • Manufacturer Name: Applied Materials Inc
  • Recommended Packaging Form: 19C (22X15X13)
  • Located in: CA, USA

We buy Applied Materials Inc 0010-25624 29211-1 35-50 LBS 145 PSI in bulk. Click here to get a free valuation.

Rohde and Schwarz CMW500 145390 100-240 VOLTS 50/60 HERTZ 850 VA | Miscellaneous

  • Serial Number: 145390
  • 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 145390 100-240 VOLTS 50/60 HERTZ 850 VA in bulk. Click here to get a free valuation.

Buchi Labortechnik AG B-580 230 VOLTS 50/60 HERTZ | Miscellaneous

  • Machinery Weight: 30.86 lb
  • Machinery Dimensions: 27.56 x 11.81 x 15.75 in
  • Model: B-580
  • Manufacturer Name: Buchi Labortechnik AG
  • Chamber Dimensions: in
  • Voltage: 230 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: Basel, Basel, Switzerland

We buy Buchi Labortechnik AG B-580 230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.