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

Surplus Machinery

Aesus Delta Shrink 80 PSI 220 VOLTS 60 HERTZ 15 AMPS | Sleevers

  • Machinery Weight: 2500 LBS
  • Machinery Dimensions: 144 x 72 x 96 IN
  • Model: Delta Shrink
  • Air Requirements: 80 PSI
  • Manufacturer Name: Aesus
  • Current: 15 AMPS
  • Voltage: 220 VOLTS
  • Recommended Packaging Form: CUSTOM
  • CE Marked: NO
  • Phase: 1
  • Frequency: 60 HERTZ
  • Located in: North America

We buy Aesus Delta Shrink 80 PSI 220 VOLTS 60 HERTZ 15 AMPS in bulk. Click here to get a free valuation.

Soco Systems T-55 | Tapers

  • Machinery Dimensions: 53.54 x 40.94 x 64.96 in
  • Model: T-55
  • Manufacturer Name: Soco Systems
  • Machinery Weight: 330.69 lb
  • Year: 2002
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy Soco Systems T-55 in bulk. Click here to get a free valuation.

SIA EMB 6002 D 697669 37 AMPS 50 HERTZ 220 VOLTS STAINLESS STEEL | Stuffers

  • Serial Number: 697669
  • Model: EMB 6002 D
  • Manufacturer Name: SIA
  • Machinery Weight: 2248.69 lb
  • Machinery Dimensions: 49.21 x 49.21 x 88.58 in
  • Current: 37 AMPS
  • Year: 1997
  • Material of Construction: STAINLESS STEEL
  • Frequency: 50 HERTZ
  • Voltage: 220 VOLTS
  • CE Marked: YES
  • Phase: 3
  • Located in: Spain

We buy SIA EMB 6002 D 697669 37 AMPS 50 HERTZ 220 VOLTS STAINLESS STEEL in bulk. Click here to get a free valuation.

Applied Materials Inc 0004589 35-50 LBS 145 PSI | Actuators

  • Serial Number: 0004589
  • 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 0004589 35-50 LBS 145 PSI in bulk. Click here to get a free valuation.

Olympus SZ 226376 | Miscellaneous

  • Machinery Dimensions: 15.75 x 13.78 x 15.75 in
  • Model: SZ
  • Serial Number: 226376
  • Manufacturer Name: Olympus
  • Type of Microscope: STEREO
  • Machinery Weight: 17.64 lb
  • Located in: Bridgend , Wales, United Kingdom

We buy Olympus SZ 226376 in bulk. Click here to get a free valuation.

Hitachi ALP 2002 / PrepStar SD-2 / ProStar 325 | HPLC

  • Model: ALP 2002 / PrepStar SD-2 / ProStar 325
  • Manufacturer Name: Hitachi
  • Located in: North America

We buy Hitachi ALP 2002 / PrepStar SD-2 / ProStar 325 in bulk. Click here to get a free valuation.

Thermo Finnigan LCQ SINGLE QUAD | Mass Spectrometers

  • Model: LCQ
  • Manufacturer Name: Thermo Finnigan
  • Machinery Dimensions: 48 x 48 x 48 IN
  • Machinery Weight: 450 LBS
  • Type of Mass Spec: SINGLE QUAD
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: North America

We buy Thermo Finnigan LCQ SINGLE QUAD in bulk. Click here to get a free valuation.

Ingersoll Rand UP6-7.5TAS-125 WD CBV552354 7.5 HP 3200 RPM 90 PSI 230/460 VOLTS 60 HERTZ | Air Compressors

  • Machinery Dimensions: 84 x 46 x 66 IN
  • Pressure Rating (Pressure): 90 PSI
  • Air Requirements: 26.3 CU FT/MIN
  • Capacity Speed: 3200 RPM
  • Model: UP6-7.5TAS-125 WD
  • Serial Number: CBV552354
  • Manufacturer Name: Ingersoll Rand
  • Capacity Size: 7.5 HP
  • Machinery Weight: 1500 LBS
  • Phase: 3
  • Frequency: 60 HERTZ
  • Voltage: 230/460 VOLTS
  • Located in: TX, USA

We buy Ingersoll Rand UP6-7.5TAS-125 WD CBV552354 7.5 HP 3200 RPM 90 PSI 230/460 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Hoppmann Corporation 8 CC 110 VOLTS 60 HERTZ | Escalators/Elevators

  • Machinery Dimensions: 96 x 60 x 84 IN
  • Capacity Details: UNCRATED/LOOSE
  • Capacity Size: 8 CC
  • Manufacturer Name: Hoppmann Corporation
  • Voltage: 110 VOLTS
  • Machinery Weight: 1500 LBS
  • Phase: 1
  • Recommended Packaging Form: CUSTOM PALLET
  • Frequency: 60 HERTZ
  • Located in: North America

We buy Hoppmann Corporation 8 CC 110 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Promec ROTONECK.1S 5.000 BPH 380 VOLTS 50 HERTZ | Rinsers

  • Machinery Dimensions: 66.93 x 59.06 x 86.61 in
  • Capacity Speed: 5.000 BPH
  • Model: ROTONECK.1S
  • Manufacturer Name: Promec
  • Machinery Weight: 2865.98 lb
  • Year: 1994
  • Voltage: 380 VOLTS
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 1
  • Located in: Europe

We buy Promec ROTONECK.1S 5.000 BPH 380 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Various | Miscellaneous

  • Machinery Dimensions: 60 x 24 x 19 IN
  • Machinery Dimensions: 45 x 30 x 14 IN
  • Machinery Dimensions: 65 x 25 x 19 IN
  • Machinery Dimensions: 65 x 25 x 25 IN
  • Machinery Dimensions: 50 x 36 x 15 IN
  • Machinery Dimensions: 50 x 36 x 14 IN
  • Machinery Dimensions: 40 x 34 x 14 IN
  • Machinery Dimensions: 60 x 40 x 19 IN
  • Machinery Dimensions: 62 x 20 x 24 IN
  • Manufacturer Name: Various
  • Machinery Weight: 3500 LBS
  • Machinery Weight: 600 LBS
  • Machinery Weight: 650 LBS
  • Machinery Weight: 400 LBS
  • Machinery Weight: 800 LBS
  • Machinery Weight: 500 LBS
  • Machinery Weight: 2200 LBS
  • Located in: Mexico, MO, USA

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

Patterson Kelley Co. Twin Shell LB-9716 220 VOLTS 50/60 HERTZ 10 AMPS | Blenders

  • Machinery Dimensions: 39 x 22 x 61 IN
  • Capacity Size: 4 quart CU FT
  • Model: Twin Shell
  • Serial Number: LB-9716
  • Manufacturer Name: Patterson Kelley Co.
  • Type of Blender: V-BLENDER
  • Machinery Weight: 175 LBS
  • Current: 10 AMPS
  • Voltage: 220 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: MA, USA

We buy Patterson Kelley Co. Twin Shell LB-9716 220 VOLTS 50/60 HERTZ 10 AMPS in bulk. Click here to get a free valuation.

Chesterton CMS 2000 | Seal Pumps

  • Machinery Dimensions: 45 x 18 x 18 IN
  • Model: CMS 2000
  • Manufacturer Name: Chesterton
  • Machinery Weight: 11.02 lb
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy Chesterton CMS 2000 in bulk. Click here to get a free valuation.

Tosoh G8 90SL 100/240 VOLTS 50/60 HERTZ 180 VA | HPLC

  • Machinery Dimensions: 22.44 x 20.47 x 21.65 in
  • Model: G8 90SL
  • Manufacturer Name: Tosoh
  • Machinery Weight: 74.96 lb
  • Current: 180 VA
  • Voltage: 100/240 VOLTS
  • Year: 2013
  • Frequency: 50/60 HERTZ
  • Located in: Brazil

We buy Tosoh G8 90SL 100/240 VOLTS 50/60 HERTZ 180 VA in bulk. Click here to get a free valuation.

Mettler Toledo XP 205 220 G 0.1 MG | Balances

  • Machinery Weight: 19.84 lb
  • Machinery Dimensions: 19.69 x 15.75 x 15.75 in
  • Model: XP 205
  • Degree of Precision: 0.1 MG
  • Capacity Size: 220 G
  • Manufacturer Name: Mettler Toledo
  • Located in: Israel

We buy Mettler Toledo XP 205 220 G 0.1 MG in bulk. Click here to get a free valuation.

Roylan Developments Ltd. APOD0012 | Humidifier/Dehumidifiers

  • Machinery Dimensions: 48 x 36 x 40 IN
  • Model: APOD0012
  • Manufacturer Name: Roylan Developments Ltd.
  • Machinery Weight: 150 LBS
  • CE Marked: YES
  • Located in: North America

We buy Roylan Developments Ltd. APOD0012 in bulk. Click here to get a free valuation.

SemiLab GES-5E 110 VOLTS 60 HERTZ | Ellipsometer

  • Machinery Dimensions: 39 x 41 x 61 IN
  • Model: GES-5E
  • Manufacturer Name: SemiLab
  • Machinery Weight: 180 LBS
  • Year: 2010
  • Voltage: 110 VOLTS
  • Recommended Packaging Form: CUSTOM PALLET
  • Frequency: 60 HERTZ
  • Located in: MA, USA

We buy SemiLab GES-5E 110 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Memmert BM200 240 VOLTS | Miscellaneous

  • Machinery Dimensions: 21.65 x 19.69 x 23.62 in
  • Model: BM200
  • Manufacturer Name: Memmert
  • Humidity Control: NO
  • CO2 Control: NO
  • Voltage: 240 VOLTS
  • Machinery Weight: 33.07 lb
  • Recommended Packaging Form: CUSTOM
  • Located in: Bridgend , Wales, United Kingdom

We buy Memmert BM200 240 VOLTS in bulk. Click here to get a free valuation.

Dukane 93291 43A255 64810 US64810 | Welders

  • Machinery Weight: 469 LBS
  • Machinery Dimensions: 175 x 20 x 57 IN
  • Model: 93291 43A255 64810
  • Serial Number: US64810
  • Manufacturer Name: Dukane
  • Welding Type: ULTRASONIC
  • CE Marked: NO
  • Phase: 1
  • Recommended Packaging Form: PALLET
  • Located in: MA, USA

We buy Dukane 93291 43A255 64810 US64810 in bulk. Click here to get a free valuation.

Buxco Inhalation System | Miscellaneous Lab Equipment

  • Model: Inhalation System
  • Manufacturer Name: Buxco
  • Located in: North America

We buy Buxco Inhalation System in bulk. Click here to get a free valuation.

New England Machinery MINI 11 380 VOLTS 50/60 HERTZ unknown AMPS | Unscramblers

  • Model: MINI 11
  • Machinery Dimensions: 118.11 x 59.06 x 78.74 in
  • Manufacturer Name: New England Machinery
  • Current: unknown AMPS
  • Machinery Weight: 3306.90 lb
  • Voltage: 380 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 3
  • Located in: Europe

We buy New England Machinery MINI 11 380 VOLTS 50/60 HERTZ unknown AMPS in bulk. Click here to get a free valuation.

Erweka 700-036-1267 230 VOLTS 50/60 HERTZ | Degassers

  • Machinery Dimensions: 21.65 x 9.06 x 24.41 in
  • Serial Number: 700-036-1267
  • Manufacturer Name: Erweka
  • Machinery Weight: 66.14 lb
  • Year: 2011
  • Voltage: 230 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Italy

We buy Erweka 700-036-1267 230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Siemens Duplex Softener 1080/110031-0100 120 GPM 120 VOLTS 60 HERTZ | Water Purification and Still Systems

  • Machinery Weight: 3750 LBS
  • Machinery Dimensions: 156 x 60 x 96 IN
  • Capacity Speed: 120 GPM
  • Model: Duplex Softener
  • Serial Number: 1080/110031-0100
  • Manufacturer Name: Siemens
  • Recommended Packaging Form: CUSTOM
  • Phase: 1
  • Voltage: 120 VOLTS
  • Frequency: 60 HERTZ
  • Located in: PR, USA

We buy Siemens Duplex Softener 1080/110031-0100 120 GPM 120 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

GML SPA 6 BAR 230 VOLTS 50 HERTZ 1,5 KW | Case Packers

  • Machinery Dimensions: 55.12 x 23.62 x 59.06 in
  • Current: 1,5 KW
  • Type of Packer: PLACE
  • Model: SPA
  • Manufacturer Name: GML
  • Machinery Weight: 1763.68 lb
  • Air Requirements: 6 BAR
  • Year: 2009
  • Voltage: 230 VOLTS
  • Frequency: 50 HERTZ
  • Recommended Packaging Form: CUSTOM
  • Phase: 1
  • Located in: Europe

We buy GML SPA 6 BAR 230 VOLTS 50 HERTZ 1,5 KW in bulk. Click here to get a free valuation.

Mixing Vessels - Custom N/A STAINLESS STEEL 246.06 ft 688.98 ft 360.89 ft | Mixing Vessels

  • Overall Height: 688.98 ft
  • Inside Diameter: 246.06 ft
  • Straight Side: 360.89 ft
  • Manufacturer Name: Mixing Vessels - Custom
  • Machinery Dimensions: 6.56 x 6.56 x 6.56 ft
  • Model: n/a
  • Type of Bottom Head: HEMISPHERICAL
  • Agitation: YES
  • Type of Top Head: FLAT
  • Tank Material of Construction: STAINLESS STEEL
  • Machinery Weight: 2204.60 lb
  • Jacketed: NO
  • Located in: Europe

We buy Mixing Vessels - Custom N/A STAINLESS STEEL 246.06 ft 688.98 ft 360.89 ft in bulk. Click here to get a free valuation.

Laguna MDCXF102203 220 VOLTS | Dust Collectors

  • Machinery Weight: 948 LBS
  • Machinery Dimensions: 75 x 39 x 111 IN
  • Length of Bags: 740x1300mmL
  • Products Run: yes
  • Model: MDCXF102203
  • Manufacturer Name: Laguna
  • Material of Construction: ALUMINIUM
  • Year: 2019
  • Voltage: 220 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Located in: CA, USA

We buy Laguna MDCXF102203 220 VOLTS in bulk. Click here to get a free valuation.

FTS Systems FD029215 208 VOLTS 60 HERTZ 13 AMPS | Freeze Dryers

  • Machinery Dimensions: 32 x 41 x 72 IN
  • Serial Number: FD029215
  • Manufacturer Name: FTS Systems
  • Machinery Weight: 600 LBS
  • Stoppering Capable: YES
  • Current: 13 AMPS
  • Voltage: 208 VOLTS
  • CE Marked: NO
  • Frequency: 60 HERTZ
  • Recommended Packaging Form: PALLET
  • Located in: MA, USA

We buy FTS Systems FD029215 208 VOLTS 60 HERTZ 13 AMPS in bulk. Click here to get a free valuation.

Custom Made CARBON STEEL | Ladders, Stairs and Crossovers

  • Machinery Dimensions: 354.33 x 118.11 x 177.17 in
  • Type of Ladder / Stairs: CROSSOVER
  • Manufacturer Name: Custom Made
  • Machinery Weight: 1543.22 lb
  • Material of Construction: CARBON STEEL
  • Located in: Brazil

We buy Custom Made CARBON STEEL in bulk. Click here to get a free valuation.

VideoJet XL 170i UHS AF 030970013WD 50/60 HERTZ | Printers

  • Model: XL 170i UHS AF
  • Serial Number: 030970013WD
  • Machinery Dimensions: 35.43 x 33.46 x 64.96 in
  • Current: 2 - 1 AMPS
  • Manufacturer Name: VideoJet
  • Voltage: 100-240 AC VOLTS
  • Machinery Weight: 330.69 lb
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Tehuacan, Puebla, Mexico

We buy VideoJet XL 170i UHS AF 030970013WD 50/60 HERTZ in bulk. Click here to get a free valuation.

Olympus BX61 2D10172 100-240 VOLTS 50/60 HERTZ | Miscellaneous

  • Serial Number: 2D10172
  • Model: BX61
  • Manufacturer Name: Olympus
  • Type of Microscope: FLUORESCENCE
  • Machinery Dimensions: 23.62 x 27.56 x 23.62 in
  • Machinery Weight: 88.18 lb
  • Voltage: 100-240 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Basel, Basel, Switzerland

We buy Olympus BX61 2D10172 100-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

CAM G35 AO358.05.G35 35 CPM 400 VOLTS 50 HERTZ 15 AMPS | Overwrappers

  • Machinery Weight: 4034.42 lb
  • Machinery Dimensions: 106.30 x 53.15 x 68.90 in
  • Serial Number: AO358.05.G35
  • Model: G35
  • Capacity Speed: 35 CPM
  • Manufacturer Name: CAM
  • Year: 2004
  • Voltage: 400 VOLTS
  • Current: 15 AMPS
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: Poland

We buy CAM G35 AO358.05.G35 35 CPM 400 VOLTS 50 HERTZ 15 AMPS in bulk. Click here to get a free valuation.

Domino A400 | Printing or Code Markers

  • Machinery Dimensions: 35.43 x 22.44 x 53.15 in
  • Machinery Dimensions: 35.43 x 29.53 x 53.15 in
  • Model: A400
  • Manufacturer Name: Domino
  • Machinery Weight: 220.46 lb
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy Domino A400 in bulk. Click here to get a free valuation.

Agilent Technologies 6890N CN10818002, CN81648206, CN81548453 230 VOLTS 50/60 HERTZ | Miscellaneous

  • Machinery Dimensions: 86.61 x 35.43 x 35.43 in
  • Serial Number: CN10818002, CN81648206, CN81548453
  • Model: 6890N
  • Manufacturer Name: Agilent Technologies
  • Year: 2010
  • Machinery Weight: 617.29 lb
  • Voltage: 230 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: Basel, Basel, Switzerland

We buy Agilent Technologies 6890N CN10818002, CN81648206, CN81548453 230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

SAMS Machine Tools 900 LTR GMP 237.83 gal | Blenders

  • Machinery Dimensions: 270 x 87 x 90 IN
  • Model: 900 LTR GMP
  • Manufacturer Name: SAMS Machine Tools
  • Type of Blender: V-BLENDER
  • Capacity Size: 237.83 gal
  • Machinery Weight: 2500 LBS
  • Year: 2003
  • CE Marked: NO
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: North America

We buy SAMS Machine Tools 900 LTR GMP 237.83 gal in bulk. Click here to get a free valuation.

Planet Products None PPC02102 100 PSI 480 VOLTS 60 HERTZ 20 AMPS | Miscellaneous

  • Machinery Dimensions: 60 x 34 x 65 IN
  • Serial Number: PPC02102
  • Model: None
  • Manufacturer Name: Planet Products
  • Air Requirements: 100 PSI
  • Machinery Weight: 800 LBS
  • Voltage: 480 VOLTS
  • Current: 20 AMPS
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Forest, VA, USA

We buy Planet Products None PPC02102 100 PSI 480 VOLTS 60 HERTZ 20 AMPS in bulk. Click here to get a free valuation.

IMA Zanchetta P12 500 LT 132.13 gal STAINLESS STEEL 39.37 in 47.24 in 47.24 in | Tanks

  • Model: P12 500 LT
  • Straight Side: 47.24 in
  • Overall Height: 47.24 in
  • Capacity of Tank: 132.13 gal
  • Manufacturer Name: IMA Zanchetta
  • Inside Diameter: 39.37 in
  • Machinery Dimensions: 39.37 x 39.37 x 47.24 in
  • Grade of Stainless Steel: 316
  • Installation Type: LEGS
  • Tank Material of Construction: STAINLESS STEEL
  • Machinery Weight: 661.38 lb
  • Agitation: NO
  • Jacketed: NO
  • Located in: Europe

We buy IMA Zanchetta P12 500 LT 132.13 gal STAINLESS STEEL 39.37 in 47.24 in 47.24 in in bulk. Click here to get a free valuation.

Carver 3762 130254 | Miscellaneous

  • Machinery Dimensions: 15 x 15 x 24 IN
  • Model: 3762
  • Serial Number: 130254
  • Manufacturer Name: Carver
  • Machinery Weight: 75 LBS
  • Located in: Forest, VA, USA

We buy Carver 3762 130254 in bulk. Click here to get a free valuation.

Connectors Verbindungstechnik AG 120 Liter A-45916-34 STAINLESS STEEL 15.75 in 29.92 in | Mixing Vessels

  • Serial Number: A-45916-34
  • Machinery Dimensions: 33.46 x 27.56 x 62.99 in
  • Model: 120 Liter
  • Overall Height: 29.92 in
  • Inside Diameter: 15.75 in
  • Manufacturer Name: Connectors Verbindungstechnik AG
  • Jacketed: YES
  • Tank Material of Construction: STAINLESS STEEL
  • Machinery Weight: 220.46 lb
  • Year: 2002
  • Agitation: NO
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: Switzerland

We buy Connectors Verbindungstechnik AG 120 Liter A-45916-34 STAINLESS STEEL 15.75 in 29.92 in in bulk. Click here to get a free valuation.

Square D | Miscellaneous

  • Machinery Dimensions: 30 x 30 x 36 IN
  • Manufacturer Name: Square D
  • Machinery Weight: 40 LBS
  • Recommended Packaging Form: PALLET
  • Located in: Forest, VA, USA

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

Lantech S3500 SS001540 80/5.52 BAR 480 VOLTS 60 HERTZ 8.8 AMPS | Miscellaneous

  • Machinery Dimensions: 25 x 15 x 8 FT
  • Current: 8.8 AMPS
  • Gas Flush: N/A
  • Air Requirements: 80/5.52 BAR
  • Capacity Speed: 5 CU FT/MIN
  • Model: S3500
  • Serial Number: SS001540
  • Single/Multipack: single
  • Wrapping Method: STRETCH
  • Film: PLAIN
  • Manufacturer Name: Lantech
  • Machinery Weight: 8000 LBS
  • Year: 1999
  • Voltage: 480 VOLTS
  • CE Marked: NO
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Leipsic, OH, USA

We buy Lantech S3500 SS001540 80/5.52 BAR 480 VOLTS 60 HERTZ 8.8 AMPS in bulk. Click here to get a free valuation.