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

Surplus Machinery

Ingersoll Rand C95045M3 3423 SCFM 3423 RPM 125 PSI 900 HP 4160 VOLTS 60 HERTZ 108 AMPS | Air Compressors

  • Horsepower: 900 HP
  • Pressure Rating (Temperature): 104 DEG F
  • Capacity Speed: 3423 RPM
  • Model: C95045M3
  • Capacity Size: 3423 SCFM
  • Manufacturer Name: Ingersoll Rand
  • Pressure Rating (Pressure): 125 PSI
  • Voltage: 4160 VOLTS
  • Current: 108 AMPS
  • Machinery Dimensions: 13.12 x 6.56 x 6.56 ft
  • Machinery Weight: 3306.90 lb
  • Year: 2001
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Latin America

We buy Ingersoll Rand C95045M3 3423 SCFM 3423 RPM 125 PSI 900 HP 4160 VOLTS 60 HERTZ 108 AMPS in bulk. Click here to get a free valuation.

Domino D320i | Printing or Code Markers

  • Method of Code Dater: LASER
  • Model: D320i
  • Manufacturer Name: Domino
  • Year: 2015
  • CE Marked: YES
  • Located in: TX, USA

We buy Domino D320i in bulk. Click here to get a free valuation.

Urania Engineering 3500 P 0501028735 110-120 VOLTS 50/60 HERTZ 10 AMPS | Induction Sealers

  • Serial Number: 0501028735
  • Machinery Dimensions: 31 x 56 x 65 IN
  • Model: 3500 P
  • Voltage: 110-120 VOLTS
  • Manufacturer Name: Urania Engineering
  • Current: 10 AMPS
  • Machinery Weight: 300 LBS
  • Frequency: 50/60 HERTZ
  • CE Marked: NO
  • Phase: 1
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: FL, USA

We buy Urania Engineering 3500 P 0501028735 110-120 VOLTS 50/60 HERTZ 10 AMPS in bulk. Click here to get a free valuation.

Lutetia AFL-222 10707 220 VOLTS 50 HERTZ 0.25 KW | Seasoners

  • Serial Number: 10707
  • Machinery Dimensions: 27.56 x 23.62 x 78.74 in
  • Current: 0.25 KW
  • Model: AFL-222
  • Manufacturer Name: Lutetia
  • Machinery Weight: 132.28 lb
  • Year: 1995
  • Frequency: 50 HERTZ
  • Voltage: 220 VOLTS
  • Phase: 1
  • Located in: Spain

We buy Lutetia AFL-222 10707 220 VOLTS 50 HERTZ 0.25 KW in bulk. Click here to get a free valuation.

Phillips PM 3331 | Miscellaneous

  • Machinery Dimensions: 43.31 x 23.62 x 15.75 in
  • Machinery Dimensions: 35.43 x 19.69 x 19.69 in
  • Model: PM 3331
  • Manufacturer Name: Phillips
  • Machinery Weight: 44.09 lb
  • Machinery Weight: 55.12 lb
  • Recommended Packaging Form: CUSTOM
  • Located in: Bridgend , Wales, United Kingdom

We buy Phillips PM 3331 in bulk. Click here to get a free valuation.

Osmonics E4H-27K-DLX 07-1200066-01 18.8 GPM 230/460 VOLTS 50/60 HERTZ | Water Purification and Still Systems

  • Machinery Weight: 1750 LBS
  • Machinery Dimensions: 36 x 132 x 62 IN
  • Capacity Details: 200-220psi
  • Capacity Speed: 18.8 GPM
  • Model: E4H-27K-DLX
  • Serial Number: 07-1200066-01
  • Manufacturer Name: Osmonics
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 3
  • Voltage: 230/460 VOLTS
  • Located in: CA, USA

We buy Osmonics E4H-27K-DLX 07-1200066-01 18.8 GPM 230/460 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Tetra Pak Tetra Alex 30 T5845538191 6000 L/HR STAINLESS STEEL 220 BAR 380 VOLTS 50 HERTZ | Homogenizers

  • Machinery Dimensions: 111.81 x 68.90 x 51.18 in
  • Pressure Rating: 220 BAR
  • Temperature Rating: 40 DEG C
  • Model: Tetra Alex 30
  • Serial Number: T5845538191
  • Manufacturer Name: Tetra Pak
  • Capacity Speed: 6000 L/HR
  • Machinery Weight: 6613.80 lb
  • Voltage: 380 VOLTS
  • Material of Construction: STAINLESS STEEL
  • Frequency: 50 HERTZ
  • Year: 1998
  • Located in: Hungary

We buy Tetra Pak Tetra Alex 30 T5845538191 6000 L/HR STAINLESS STEEL 220 BAR 380 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Phocos Americas PHOCOS-1 JSI 1193 | Robotics

  • Machinery Dimensions: 94.49 x 35.43 x 11.81 in
  • Serial Number: PHOCOS-1 JSI 1193
  • Manufacturer Name: Phocos Americas
  • Machinery Weight: 264.55 lb
  • CE Marked: YES
  • Located in: Antwerpen, Belgium

We buy Phocos Americas PHOCOS-1 JSI 1193 in bulk. Click here to get a free valuation.

Raymond SB-0SR30T 3000 LBS Sit Down 48 VOLTS | Fork Lift Trucks

  • Machinery Weight: 16225 LBS
  • Machinery Dimensions: 117 x 42 x 84 IN
  • Hours Of Operation: 1000
  • Model: SB-0SR30T
  • Manufacturer Name: Raymond
  • Mast Stages: TWO
  • Voltage: 48 VOLTS
  • Capacity Size: 3000 LBS
  • Side Shift: YES
  • Battery Charger: Yes
  • Stand Up/Sit Down: Sit Down
  • Lifting Device: FORK
  • Fuel: ELECTRIC
  • Frequency: 60
  • Year: 2005
  • Phase: 1
  • Located in: North America

We buy Raymond SB-0SR30T 3000 LBS Sit Down 48 VOLTS in bulk. Click here to get a free valuation.

Siemens 6FC53570BB110AE0 | Printed Circuit Boards

  • Model: 6FC53570BB110AE0
  • Manufacturer Name: Siemens
  • Frequency: HERTZ
  • Machinery Weight: 0 LBS
  • Machinery Dimensions: 0 x 0 x 0 IN
  • Located in: MI, USA

We buy Siemens 6FC53570BB110AE0 in bulk. Click here to get a free valuation.

GPE A Ardenghi srl GPE 26 UV 2450/02 230 VOLTS 60 HERTZ | Printers

  • Machinery Dimensions: 396 x 73 x 95 IN
  • Model: GPE 26 UV
  • Serial Number: 2450/02
  • Manufacturer Name: GPE A Ardenghi srl
  • Machinery Weight: 6500 LBS
  • Voltage: 230 VOLTS
  • CE Marked: NO
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: CA, USA

We buy GPE A Ardenghi srl GPE 26 UV 2450/02 230 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Beckman Coulter Spinchron DLX SWING BUCKET 3750 RPM 230 VOLTS 50 HERTZ | Miscellaneous

  • Machinery Dimensions: 23.62 x 27.56 x 19.69 in
  • Max Speed: 3750 RPM
  • Model: Spinchron DLX
  • Manufacturer Name: Beckman Coulter
  • Number of Positions: 4
  • Rotor Type: SWING BUCKET
  • Machinery Weight: 176.37 lb
  • Voltage: 230 VOLTS
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Located in: Basel, Basel, Switzerland

We buy Beckman Coulter Spinchron DLX SWING BUCKET 3750 RPM 230 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Ishida Co Ltd DACS-W012-SB/SS 559897 240 VOLTS 50 HERTZ | Check Weighers

  • Machinery Dimensions: 57.09 x 37.40 x 64.96 in
  • Model: DACS-W012-SB/SS
  • Serial Number: 559897
  • Auto Reject: YES
  • Manufacturer Name: Ishida Co Ltd
  • Voltage: 240 VOLTS
  • Machinery Weight: 661.38 lb
  • Year: 2009
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 1
  • Located in: Ireland

We buy Ishida Co Ltd DACS-W012-SB/SS 559897 240 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Varian Saturn 2000 MSD (GC MS MS) | Mass Spectrometers

  • Model: Saturn 2000 MSD (GC MS MS)
  • Manufacturer Name: Varian
  • Located in: North America

We buy Varian Saturn 2000 MSD (GC MS MS) in bulk. Click here to get a free valuation.

RBS Equipment Designs RALS 38-0036 120 VOLTS 60 HERTZ | L Bar Sealers

  • Machinery Weight: 1500 Pounds
  • Machinery Dimensions: 8 x 6 x 6 IN
  • Serial Number: 38-0036
  • Model: RALS
  • Manufacturer Name: RBS Equipment Designs
  • CE Marked: NO
  • Phase: 1
  • Voltage: 120 VOLTS
  • Recommended Packaging Form: CUSTOM PALLET
  • Frequency: 60 HERTZ
  • Located in: Canada

We buy RBS Equipment Designs RALS 38-0036 120 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Unknown 50/60 HERTZ | CIP (Clean In Place)

  • Machinery Dimensions: 60 x 60 x 75 IN
  • Machinery Weight: 1000 LBS
  • Year: 2006
  • Frequency: 50/60 HERTZ
  • Located in: Nicaragua

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

Zanasi KG 220 VOLTS 50 HERTZ 11.6 AMPS | Overwrappers

  • Model: KG
  • Manufacturer Name: Zanasi
  • Current: 11.6 AMPS
  • Machinery Dimensions: 98.43 x 78.74 x 78.74 in
  • Machinery Weight: 1102.30 lb
  • Frequency: 50 HERTZ
  • Voltage: 220 VOLTS
  • Located in: Europe

We buy Zanasi KG 220 VOLTS 50 HERTZ 11.6 AMPS in bulk. Click here to get a free valuation.

Durion 48N 90 PSI | Pressure Filters

  • Machinery Weight: 3375 LBS
  • Machinery Dimensions: 63 x 72 x 63 IN
  • Voltage: 12.56 CU FT VOLTS
  • Model: 48N
  • Capacity Size (Filter Area): 343 SQ FT
  • Manufacturer Name: Durion
  • Material of Construction: 316 STAINLESS STEEL
  • Year: 1986
  • Air Requirements: 90 PSI
  • Recommended Packaging Form: PALLET
  • Located in: North America

We buy Durion 48N 90 PSI in bulk. Click here to get a free valuation.

Eagle Stainless Container Inc. | Containers

  • Machinery Weight: 256 LBS
  • Machinery Dimensions: 32 x 25 x 37 IN
  • Manufacturer Name: Eagle Stainless Container Inc.
  • Recommended Packaging Form: CUSTOM
  • Located in: CA, USA

We buy Eagle Stainless Container Inc. in bulk. Click here to get a free valuation.

Phoenix AP56 11598 110/220 VOLTS 130 WATTS | Lab Mixers

  • Machinery Dimensions: 6.69 x 5.51 x 5.91 in
  • Current: 130 WATTS
  • Model: AP56
  • Serial Number: 11598
  • Manufacturer Name: Phoenix
  • Voltage: 110/220 VOLTS
  • Machinery Weight: 4.41 lb
  • Recommended Packaging Form: CUSTOM
  • Located in: Sao Paulo, Brazil

We buy Phoenix AP56 11598 110/220 VOLTS 130 WATTS in bulk. Click here to get a free valuation.

Gatc GmbH Hybe 2 | Miscellaneous

  • Machinery Dimensions: 15.75 x 19.69 x 23.62 in
  • Model: Hybe 2
  • Manufacturer Name: Gatc GmbH
  • Machinery Weight: 44.09 lb
  • Recommended Packaging Form: CUSTOM
  • Located in: Bridgend , Wales, United Kingdom

We buy Gatc GmbH Hybe 2 in bulk. Click here to get a free valuation.

Applied Biosystems MDS SCIEX Q TRAP | Mass Spectrometers

  • Model: MDS SCIEX Q TRAP
  • Manufacturer Name: Applied Biosystems
  • Located in: North America

We buy Applied Biosystems MDS SCIEX Q TRAP in bulk. Click here to get a free valuation.

Aesus Delta PRESSURE SENSITIVE 80 PSI 208 VOLTS | Labelers

  • Machinery Dimensions: 180 x 72 x 84 IN
  • Frequency: 60
  • Air Requirements: 80 PSI
  • Products Run: syringe
  • Imprinter or Coder: Yes
  • Application Type: WRAP
  • Model: Delta
  • Manufacturer Name: Aesus
  • Machinery Weight: 4000 LBS
  • Number of Labeling Heads: 1
  • Type of Label: PRESSURE SENSITIVE
  • Type of Labeler: INLINE
  • Year: 2011
  • Voltage: 208 VOLTS
  • Recommended Packaging Form: CUSTOM
  • CE Marked: NO
  • Phase: 1
  • Located in: North America

We buy Aesus Delta PRESSURE SENSITIVE 80 PSI 208 VOLTS in bulk. Click here to get a free valuation.

Busch NP0250.ALL6.000B U083605346 | Miscellaneous

  • Serial Number: U083605346
  • 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 U083605346 in bulk. Click here to get a free valuation.

J. S. Petzholdt PVS 5000 9446/74 575 VOLTS 60 HERTZ | Chocolates

  • Serial Number: 9446/74
  • Model: PVS 5000
  • Manufacturer Name: J. S. Petzholdt
  • Year: 1974
  • Voltage: 575 VOLTS
  • Machinery Weight: 1 LBS
  • Machinery Dimensions: 1 x 1 x 1 IN
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: ON, Canada

We buy J. S. Petzholdt PVS 5000 9446/74 575 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Devinoxs 12-B/13 554.95 gal STAINLESS STEEL 6 BAR 51.18 in 110.24 in 62.99 in 240 VOLTS 50 HERTZ | Tanks

  • Machinery Weight: 1069.23 lb
  • Machinery Dimensions: 70.87 x 70.87 x 110.24 in
  • Number of Inlets and Size: 10
  • Number of Outlets and Size: 1 x 60mm
  • Straight Side: 62.99 in
  • Overall Height: 110.24 in
  • Installation Type: LUGS
  • Capacity of Tank: 554.95 gal
  • Serial Number: 12-B/13
  • Manufacturer Name: Devinoxs
  • Internal Pressure Rating: 6 BAR
  • Internal Temperature Rating: 100 DEG C
  • Inside Diameter: 51.18 in
  • Type of Top Head: DISHED
  • Grade of Stainless Steel: 316L
  • Type of Bottom Head: DISHED
  • Vertical or Horizontal: VERTICAL
  • Tank Material of Construction: STAINLESS STEEL
  • Voltage: 240 VOLTS
  • Year: 2013
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Agitation: NO
  • Jacketed: NO
  • Phase: 1
  • Located in: Antwerp, Belgium

We buy Devinoxs 12-B/13 554.95 gal STAINLESS STEEL 6 BAR 51.18 in 110.24 in 62.99 in 240 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Seidenader 19009A 100 pkg/min 400 VOLTS 50/60 HERTZ INK JET Serialization code | Printing or Code Markers

  • Machinery Dimensions: 115.91 x 41.50 x 63.43 in
  • Printing on What: Serialization code
  • Products Run: 100 pkg/min
  • Model: 19009A
  • Manufacturer Name: Seidenader
  • Machinery Weight: 1763.68 lb
  • Year: 2010
  • Voltage: 400 VOLTS
  • Method of Code Dater: INK JET
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Located in: Beijing, China

We buy Seidenader 19009A 100 pkg/min 400 VOLTS 50/60 HERTZ INK JET Serialization code in bulk. Click here to get a free valuation.

Perkin Elmer MultiPROBE II HT EX | Sample Preparation

  • Model: MultiPROBE II HT EX
  • Manufacturer Name: Perkin Elmer
  • Located in: North America

We buy Perkin Elmer MultiPROBE II HT EX in bulk. Click here to get a free valuation.

Parker Tk50 400 VOLTS 50/60 HERTZ 120 AMPS | Disc Mills

  • Machinery Weight: 110230.00 lb
  • Model: Tk50
  • Manufacturer Name: Parker
  • Current: 120 AMPS
  • Machinery Dimensions: 0.00 x 0.00 x 0.00 in
  • Year: 1997
  • Voltage: 400 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: Turkey

We buy Parker Tk50 400 VOLTS 50/60 HERTZ 120 AMPS in bulk. Click here to get a free valuation.

Dosatec GmbH DosaPrep X8 27020270 115 VOLTS 50/60 HERTZ 1700 WATTS | Dissolution Systems

  • Machinery Dimensions: 13.78 x 25.59 x 27.56 in
  • Current: 1700 WATTS
  • Number of Stations: 1
  • Model: DosaPrep X8
  • Serial Number: 27020270
  • Manufacturer Name: Dosatec GmbH
  • Machinery Weight: 77.16 lb
  • Voltage: 115 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Distrito Federal, Mexico

We buy Dosatec GmbH DosaPrep X8 27020270 115 VOLTS 50/60 HERTZ 1700 WATTS in bulk. Click here to get a free valuation.

Tekmar Dohrmann 3000 - ARCHON | Concentrators

  • Machinery Dimensions: 20 x 21.5 x 17 IN
  • Model: 3000 - ARCHON
  • Manufacturer Name: Tekmar Dohrmann
  • Machinery Weight: 80 LBS
  • Located in: North America

We buy Tekmar Dohrmann 3000 - ARCHON in bulk. Click here to get a free valuation.

Basari Makina 2010 380 VOLTS 50/60 HERTZ | Baking Lines

  • Machinery Dimensions: 98.43 x 6.56 x 6.56 ft
  • Model: 2010
  • Manufacturer Name: Basari Makina
  • Machinery Weight: 44092.00 lb
  • Year: 2010
  • Voltage: 380 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 3
  • Located in: Turkey

We buy Basari Makina 2010 380 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Agilent Technologies 7683B / 7890A | Gas Chromatographs (GC)

  • Model: 7683B / 7890A
  • Manufacturer Name: Agilent Technologies
  • Located in: North America

We buy Agilent Technologies 7683B / 7890A in bulk. Click here to get a free valuation.

Tecan Freedom EVO 100-240 VOLTS 50/60 HERTZ | Miscellaneous

  • Machinery Dimensions: 59.06 x 31.50 x 35.43 in
  • Model: Freedom EVO
  • Manufacturer Name: Tecan
  • Voltage: 100-240 VOLTS
  • Machinery Weight: 2204.60 lb
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: Basel, Basel, Switzerland

We buy Tecan Freedom EVO 100-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Senzani Brevetti IVFX8 D26602 90 BPM 100 BPM 60 BPM | Fillers

  • Machinery Dimensions: 49.21 x 6.56 x 9.84 ft
  • Minimum operating speed: 60 BPM
  • Average operating speed: 90 BPM
  • Application Range (Ex Min/Max Range Size Bottles or Tubes, Shape of Bottle): 100gm to 1kg
  • Current Application (Products,Sizes Run and Shape of Bottle): Detergent powder carton pack
  • Model: IVFX8
  • Serial Number: D26602
  • Manufacturer Name: Senzani Brevetti
  • Type of Filler: CUP AND TUB
  • Max operating speed: 100 BPM
  • Can Seller Provide a Sample of Product Run: no
  • Machinery Weight: 1000 LBS
  • Year: 1995
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Located in: Oman

We buy Senzani Brevetti IVFX8 D26602 90 BPM 100 BPM 60 BPM in bulk. Click here to get a free valuation.

Flux Instrument Rheos 2200 22241 NO DETECTOR NO PUMP 50/60 HERTZ | Miscellaneous

  • Model: Rheos 2200
  • Serial Number: 22241
  • Manufacturer Name: Flux Instrument
  • Machinery Dimensions: 13.78 x 9.84 x 7.87 in
  • Machinery Weight: 44.09 lb
  • Type of Pump for HPLC: NO PUMP
  • Type of Detector for HPLC: NO DETECTOR
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Located in: Basel, Basel, Switzerland

We buy Flux Instrument Rheos 2200 22241 NO DETECTOR NO PUMP 50/60 HERTZ in bulk. Click here to get a free valuation.

Nelpas NP 10 BC 1023 | Fillers

  • Machinery Dimensions: 19.69 x 11.81 x 17.72 in
  • Model: NP 10 BC
  • Serial Number: 1023
  • Manufacturer Name: Nelpas
  • Number of heads: 1
  • Type of Filler: PISTON
  • Year: 2013
  • Machinery Weight: 198.41 lb
  • Located in: ES, Brazil

We buy Nelpas NP 10 BC 1023 in bulk. Click here to get a free valuation.

Anritsu Corporation MD8430A 6201398526 100-120/200-240 VOLTS 50/60 HERTZ 1200 VA | Miscellaneous

  • Serial Number: 6201398526
  • Machinery Dimensions: 23 x 18 x 13 IN
  • Current: 1200 VA
  • Model: MD8430A
  • Manufacturer Name: Anritsu Corporation
  • Machinery Weight: 77 LBS
  • Voltage: 100-120/200-240 VOLTS
  • Recommended Packaging Form: 24C (28X24X22)
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: San Jose, CA, USA

We buy Anritsu Corporation MD8430A 6201398526 100-120/200-240 VOLTS 50/60 HERTZ 1200 VA in bulk. Click here to get a free valuation.

PT Admindo RL11 | Boilers

  • Machinery Dimensions: 255.91 x 98.43 x 98.43 in
  • Model: RL11
  • Manufacturer Name: PT Admindo
  • Machinery Weight: 23148.30 lb
  • Boiler Type: DIESEL
  • Machinery Dimensions: 295.28 x 98.43 x 98.43 in
  • Machinery Weight: 24250.60 lb
  • Located in: Medan, Indonesia

We buy PT Admindo RL11 in bulk. Click here to get a free valuation.

Fluke 725 | Gauges

  • Machinery Weight: 1.43 lb
  • Machinery Dimensions: 2.40 x 5.12 x 9.29 in
  • Type of Display: DIGITAL
  • Model: 725
  • Manufacturer Name: Fluke
  • Type of Gauge: PRESSURE
  • Year: 2016
  • Located in: Latin America

We buy Fluke 725 in bulk. Click here to get a free valuation.