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

Surplus Machinery

Engineered Technologies tcm1 | Temperature Controllers

  • Model: tcm1
  • Manufacturer Name: Engineered Technologies
  • Machinery Dimensions: 8 x 4 x 6 FT
  • Year: 1999
  • Machinery Weight: 2500 LBS
  • Located in: North America

We buy Engineered Technologies tcm1 in bulk. Click here to get a free valuation.

Anritsu Corporation MT8820C 6201144490 100-120/200-240 VOLTS 50/60 HERTZ 750 VA | Miscellaneous

  • Serial Number: 6201144490
  • Current: 750 VA
  • Machinery Dimensions: 23 x 18 x 10 IN
  • Model: MT8820C
  • Manufacturer Name: Anritsu Corporation
  • Machinery Weight: 56 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 MT8820C 6201144490 100-120/200-240 VOLTS 50/60 HERTZ 750 VA in bulk. Click here to get a free valuation.

MediSeal GmbH CP 200 P 1600 250 HP 3 BAR 400 VOLTS 22 KW | Blister Packaging Lines

  • Machinery Dimensions: 354.33 x 86.61 x 86.61 in
  • Feeder: AUTOMATIC
  • Capacity Details: 250 blister / min
  • Current: 22 KW
  • Air Requirements: 3 BAR
  • Capacity Size: 250 HP
  • Model: CP 200 P 1600
  • Manufacturer Name: MediSeal GmbH
  • Frequency: 50
  • Machinery Weight: 19841.40 lb
  • Voltage: 400 VOLTS
  • Year: 2006
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM PALLET
  • Phase: 3
  • Located in: Switzerland

We buy MediSeal GmbH CP 200 P 1600 250 HP 3 BAR 400 VOLTS 22 KW in bulk. Click here to get a free valuation.

Tudela 31.50 in | Accumulators - Rotary Tables

  • Machinery Dimensions: 41.34 x 39.37 x 43.31 in
  • Machinery Dimensions: 173.23 x 39.37 x 43.31 in
  • Diameter: 31.50 in
  • Manufacturer Name: Tudela
  • Machinery Weight: 639.33 lb
  • Machinery Weight: 176.37 lb
  • Located in: Paraná (PR), Brazil

We buy Tudela 31.50 in in bulk. Click here to get a free valuation.

Techne FTU20DPC 180748-15 120 VOLTS 50/60 HERTZ | Waterbaths and Circulators

  • Machinery Dimensions: 13.78 x 7.87 x 21.65 in
  • Model: FTU20DPC
  • Serial Number: 180748-15
  • Manufacturer Name: Techne
  • Machinery Weight: 11.02 lb
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Voltage: 120 VOLTS
  • Located in: Colombia

We buy Techne FTU20DPC 180748-15 120 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Skan HFC-EVO 900 312000.003 230 VOLTS 50 HERTZ | Miscellaneous

  • Serial Number: 312000.003
  • Machinery Dimensions: 43.31 x 33.46 x 53.15 in
  • Model: HFC-EVO 900
  • Manufacturer Name: Skan
  • Machinery Weight: 396.83 lb
  • Year: 2013
  • Voltage: 230 VOLTS
  • Frequency: 50 HERTZ
  • Recommended Packaging Form: CUSTOM
  • Located in: Basel, Basel, Switzerland

We buy Skan HFC-EVO 900 312000.003 230 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Plastiblow S.R.L. PB2000/DE70/22 380 VOLTS 75,4 AMPS 2.76 in | Blow Molders

  • Machinery Dimensions: 129.92 x 108.27 x 100.39 in
  • Diameter: 2.76 in
  • Capacity Speed: 15-100 CU FT/MIN
  • Current: 75,4 AMPS
  • Model: PB2000/DE70/22
  • Manufacturer Name: Plastiblow S.R.L.
  • MSDS Available: NO
  • Frequency: 50
  • Phase: 3+1
  • Recommended Packaging Form: PERSONALIZADO
  • Voltage: 380 VOLTS
  • Year: 1996
  • CE Marked: DESCONOCIDO
  • Machinery Weight: 4409.20 lb
  • Located in: Latin America

We buy Plastiblow S.R.L. PB2000/DE70/22 380 VOLTS 75,4 AMPS 2.76 in in bulk. Click here to get a free valuation.

Quincy Lab Inc | Miscellaneous Lab Equipment

  • Machinery Weight: 52 LBS
  • Machinery Dimensions: 21 x 21 x 27 IN
  • Manufacturer Name: Quincy Lab Inc
  • Recommended Packaging Form: 24C (28X24X22)
  • Located in: MA, USA

We buy Quincy Lab Inc in bulk. Click here to get a free valuation.

Ideal Packaging 110 VOLTS 50/60 HERTZ 15 AMPS | Bundlers

  • Machinery Dimensions: 60 x 36 x 72 IN
  • Manufacturer Name: Ideal Packaging
  • Voltage: 110 VOLTS
  • Machinery Weight: 1500 LBS
  • Current: 15 AMPS
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: North America

We buy Ideal Packaging 110 VOLTS 50/60 HERTZ 15 AMPS in bulk. Click here to get a free valuation.

Woojin Machinery CO LTD WS-80NL 950403 26 AMPS 80 TONS 440 VOLTS 60 HERTZ | Misc. Machine Tools / Shop Equipment

  • Machinery Dimensions: 70.87 x 52.76 x 135.83 in
  • Serial Number: 950403
  • Model: WS-80NL
  • Manufacturer Name: Woojin Machinery CO LTD
  • Machinery Weight: 19180.02 lb
  • Capacity Size: 80 TONS
  • Current: 26 AMPS
  • Voltage: 440 VOLTS
  • Year: 1995
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Jalisco, Mexico

We buy Woojin Machinery CO LTD WS-80NL 950403 26 AMPS 80 TONS 440 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Suburban Surgical Co | Animal Cages - Canine Caging

  • Machinery Dimensions: 29 x 72 x 73 IN
  • Manufacturer Name: Suburban Surgical Co
  • Machinery Weight: 400 LBS
  • Located in: NJ, USA

We buy Suburban Surgical Co in bulk. Click here to get a free valuation.

Munson CM-48X14-SS 11303 10 HP 240/480 VOLTS 60 HERTZ | Blenders

  • Machinery Dimensions: 250 x 170 x 120 IN
  • Voltage: 240/480 VOLTS
  • Model: CM-48X14-SS
  • Serial Number: 11303
  • Manufacturer Name: Munson
  • Type of Blender: ROTARY
  • Horsepower: 10 HP
  • Machinery Weight: 5000 LBS
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: LA, USA

We buy Munson CM-48X14-SS 11303 10 HP 240/480 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Kilian RX-M 73/AM 480 VOLTS 60 HERTZ | Tablet Presses

  • Machinery Dimensions: 4 x 4 x 5 IN
  • No. of Stations: 73
  • Model: RX-M 73/AM
  • Manufacturer Name: Kilian
  • Machinery Weight: 7000 LBS
  • Pre-compression: YES
  • Keyed upper punch bores: YES
  • Year: 1993
  • Voltage: 480 VOLTS
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: North America

We buy Kilian RX-M 73/AM 480 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Sartorius 20628 230 VOLTS .75 KW | Lab Pumps

  • Serial Number: 20628
  • Machinery Dimensions: 27.56 x 19.69 x 39.37 in
  • Current: .75 KW
  • Manufacturer Name: Sartorius
  • Machinery Weight: 110.23 lb
  • Year: 2002
  • Voltage: 230 VOLTS
  • CE Marked: YES
  • Located in: Switzerland

We buy Sartorius 20628 230 VOLTS .75 KW in bulk. Click here to get a free valuation.

OCS Checkweighers 81100140 81100140 230 VOLTS 50 HERTZ 6 BAR | X-Ray Inspection

  • Machinery Dimensions: 6.89 x 3.61 x 5.58 ft
  • Model: 81100140
  • Serial Number: 81100140
  • Manufacturer Name: OCS Checkweighers
  • Machinery Weight: 1763.68 lb
  • Air Requirements: 6 BAR
  • Year: 2013
  • Voltage: 230 VOLTS
  • Frequency: 50 HERTZ
  • Phase: 1
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: Germany

We buy OCS Checkweighers 81100140 81100140 230 VOLTS 50 HERTZ 6 BAR in bulk. Click here to get a free valuation.

Urania Engineering 3500 P 1108048535 110-120 VOLTS 50/60 HERTZ 10 AMPS | Induction Sealers

  • Serial Number: 1108048535
  • 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 1108048535 110-120 VOLTS 50/60 HERTZ 10 AMPS 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.

Amada | Shears

  • Machinery Dimensions: 144.09 x 61.02 x 68.11 in
  • Cutting Capacity: 3.0 m Length, 1/4” Thickness
  • Manufacturer Name: Amada
  • Machinery Weight: 33069.00 lb
  • Capacity Size: lb
  • Recommended Packaging Form: CUSTOM
  • Located in: Jalisco, Mexico

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

Famar AP unknown BAR 380 VOLTS 50 HERTZ 4,5-9 KW | Blister Sealers

  • Machinery Dimensions: 106.30 x 35.43 x 62.99 in
  • Current: 4,5-9 KW
  • Products Run: Recent formats used (dimensions of the single blisters in mm) 135*148; 160*91 10.7*19.2; 58*83
  • Product Sizing: Max reel width 230 mm Diam max reel thermo-material 400 mm Diam max reel cover material 200 mm Max forming depth 35 mm
  • Capacity Speed: Strokes per min (format dependent) max 60 BPM
  • Manufacturer Name: Famar
  • Model: AP
  • Air Requirements: unknown BAR
  • Machinery Weight: 3306.90 lb
  • Year: 1993
  • Voltage: 380 VOLTS
  • Frequency: 50 HERTZ
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: Europe

We buy Famar AP unknown BAR 380 VOLTS 50 HERTZ 4,5-9 KW in bulk. Click here to get a free valuation.

Caterpillar 900F CAT00000C4BZ05545;9RW01097 50 HERTZ | Diesel Generators

  • Machinery Dimensions: 228 x 120 x 120 IN
  • Serial Number: CAT00000C4BZ05545;9RW01097
  • Model: 900F
  • Manufacturer Name: Caterpillar
  • Machinery Weight: 20000 LBS
  • Year: 2003
  • Frequency: 50 HERTZ
  • Located in: Medan, Indonesia

We buy Caterpillar 900F CAT00000C4BZ05545;9RW01097 50 HERTZ in bulk. Click here to get a free valuation.

Waters e2695 100/240 VOLTS 50/60 HERTZ 185 VA | HPLC

  • Machinery Dimensions: 21.65 x 23.62 x 31.50 in
  • Current: 185 VA
  • Model: e2695
  • Manufacturer Name: Waters
  • Type of Detector for HPLC: UV/VIS
  • Machinery Weight: 165.35 lb
  • Type of Pump for HPLC: QUATERNARY
  • Voltage: 100/240 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: Sao Paulo, Brazil

We buy Waters e2695 100/240 VOLTS 50/60 HERTZ 185 VA in bulk. Click here to get a free valuation.

Anritsu Corporation MG3692C 103206 85-250 VOLTS 300 VA | Miscellaneous

  • Serial Number: 103206
  • Machinery Dimensions: 21 x 19 x 6 IN
  • Current: 300 VA
  • Voltage: 85-250 VOLTS
  • Model: MG3692C
  • Manufacturer Name: Anritsu Corporation
  • Machinery Weight: 40 LBS
  • Recommended Packaging Form: 24C (28X24X22)
  • Phase: 1
  • Located in: San Jose, CA, USA

We buy Anritsu Corporation MG3692C 103206 85-250 VOLTS 300 VA in bulk. Click here to get a free valuation.

Agilent Technologies 1200 DE63057019 MULTI WAVELENGTH 220-240 VOLTS 50/60 HERTZ | HPLC

  • Serial Number: DE63057019
  • Machinery Weight: 1234.58 lb
  • Machinery Dimensions: 124.02 x 16.54 x 38.58 in
  • Type of Detector for HPLC: MULTI WAVELENGTH
  • Model: 1200
  • Manufacturer Name: Agilent Technologies
  • Year: 2016
  • Voltage: 220-240 VOLTS
  • Type of Pump for HPLC: BINARY
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: Basel, Switzerland

We buy Agilent Technologies 1200 DE63057019 MULTI WAVELENGTH 220-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Panalytical X Pert Powder 230 VOLTS 25 AMPS | X-Ray Diffractometers

  • Machinery Dimensions: 51.18 x 61.81 x 87.01 in
  • Model: X Pert Powder
  • CE Marked: SIM
  • Manufacturer Name: Panalytical
  • Machinery Weight: 2314.83 lb
  • Current: 25 AMPS
  • Frequency: 50/60
  • Year: 2011
  • Voltage: 230 VOLTS
  • Located in: Brazil

We buy Panalytical X Pert Powder 230 VOLTS 25 AMPS in bulk. Click here to get a free valuation.

Tease Eletronica Ltda AP55-125 TEM 14011 60 HERTZ | Transformers

  • KVA: 75
  • Serial Number: 14011
  • Machinery Dimensions: 18.90 x 26.77 x 47.24 in
  • Model: AP55-125 TEM
  • Manufacturer Name: Tease Eletronica Ltda
  • Machinery Weight: 705.47 lb
  • Year: 2014
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: MG, Brazil

We buy Tease Eletronica Ltda AP55-125 TEM 14011 60 HERTZ in bulk. Click here to get a free valuation.

Mettler Toledo MC226 028099 100-220 VOLTS 50/60 HERTZ | Conductivity Meters

  • Machinery Dimensions: 10.24 x 17.72 x 8.66 in
  • Model: MC226
  • Serial Number: 028099
  • Machinery Weight: 6.61 lb
  • Manufacturer Name: Mettler Toledo
  • Voltage: 100-220 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Germany

We buy Mettler Toledo MC226 028099 100-220 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Novatel OEM719T 100 HERTZ | Computer Equipment

  • Machinery Weight: 0.22 lb
  • Machinery Dimensions: 27.95 x 18.11 x 4.33 in
  • Current: 200 mA AMPS
  • Voltage: 3.3 VDC ±5% VOLTS
  • Model: OEM719T
  • Frequency: 100 HERTZ
  • Manufacturer Name: Novatel
  • Year: 2017
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Located in: Israel

We buy Novatel OEM719T 100 HERTZ in bulk. Click here to get a free valuation.

Edmund Buhler SM-30 Control 6104 CS 00141 230 VOLTS 50/60 HERTZ | Shakers

  • Machinery Dimensions: 24.02 x 26.38 x 22.83 in
  • Model: SM-30 Control
  • Serial Number: 6104 CS 00141
  • Manufacturer Name: Edmund Buhler
  • Machinery Weight: 165.35 lb
  • Voltage: 230 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Germany

We buy Edmund Buhler SM-30 Control 6104 CS 00141 230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Brevetti CEA SpA CEA-5A/58 10000 BPH 50 HERTZ | Vial or Ampoule Inspection Machines

  • Machinery Dimensions: 62.99 x 55.12 x 49.21 in
  • Capacity Speed: 10000 BPH
  • Model: CEA-5A/58
  • Manufacturer Name: Brevetti CEA SpA
  • Machinery Weight: 881.84 lb
  • Frequency: 50 HERTZ
  • Located in: Europe

We buy Brevetti CEA SpA CEA-5A/58 10000 BPH 50 HERTZ in bulk. Click here to get a free valuation.

Cam Fabrication Inc ASB38 16557 ASB38 13 480 VOLTS 60 HERTZ 5 AMPS | Wrappers/Overwrappers/Bundlers

  • Machinery Dimensions: 52 x 102 x 72 IN
  • Capacity Speed: 0 CU FT/MIN
  • Model: ASB38
  • Serial Number: 16557 ASB38 13
  • Manufacturer Name: Cam Fabrication Inc
  • Current: 5 AMPS
  • Year: 2004
  • Recommended Packaging Form: CUSTOM
  • Voltage: 480 VOLTS
  • Machinery Weight: 2000 LBS
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: MA, USA

We buy Cam Fabrication Inc ASB38 16557 ASB38 13 480 VOLTS 60 HERTZ 5 AMPS in bulk. Click here to get a free valuation.

Leap Technologies ODLITE UV Fiber Optic HD-13D 100-240 VOLTS 50/60 HERTZ | Spectrometers

  • Machinery Weight: 67 LBS
  • Machinery Dimensions: 39 x 18 x 15 IN
  • Serial Number: HD-13D
  • Model: ODLITE UV Fiber Optic
  • Manufacturer Name: Leap Technologies
  • Recommended Packaging Form: 20C (28X20X20)
  • Voltage: 100-240 VOLTS
  • Frequency: 50/60 HERTZ
  • CE Marked: NO
  • Phase: 1
  • Located in: MA, USA

We buy Leap Technologies ODLITE UV Fiber Optic HD-13D 100-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Insco Corp CP324S 66.14 lb | Calibration Weights

  • Machinery Dimensions: 9 x 9 x 11 IN
  • Size: 66.14 lb
  • Model: CP324S
  • Manufacturer Name: Insco Corp
  • Machinery Weight: 66.14 lb
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: PR, USA

We buy Insco Corp CP324S 66.14 lb in bulk. Click here to get a free valuation.

Nikon Eclipse E600 726227 | Miscellaneous

  • Machinery Dimensions: 23.62 x 13.78 x 27.56 in
  • Serial Number: 726227
  • Type of Microscope: FLUORESCENCE
  • Model: Eclipse E600
  • Manufacturer Name: Nikon
  • Machinery Weight: 55.12 lb
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Located in: Basel, Basel, Switzerland

We buy Nikon Eclipse E600 726227 in bulk. Click here to get a free valuation.

TERMOFORMADORA TYROMAT ALFA LAVAL - KRAMER+GREBE | Thermoformers and Trim Presses

  • Machinery Dimensions: 32.81 x 9.84 x 9.84 ft
  • Model: ALFA LAVAL - KRAMER+GREBE
  • Manufacturer Name: TERMOFORMADORA TYROMAT
  • Machinery Weight: 13227.60 lb
  • Located in: Europe

We buy TERMOFORMADORA TYROMAT ALFA LAVAL - KRAMER+GREBE in bulk. Click here to get a free valuation.

VWR Scientific Vistavision 120 VOLTS | Microscopes

  • Machinery Dimensions: 20 x 12 x 19 IN
  • Model: Vistavision
  • Type of Microscope: INVERTED
  • Machinery Weight: 24 LBS
  • Manufacturer Name: VWR Scientific
  • Recommended Packaging Form: 20C (28X20X20)
  • Voltage: 120 VOLTS
  • Located in: CA, USA

We buy VWR Scientific Vistavision 120 VOLTS in bulk. Click here to get a free valuation.

FW FW-250 W13250002 230/460 VOLTS 50/60 HERTZ 7.5 KW | Cooling Towers

  • Machinery Weight: 8910 LBS
  • Machinery Dimensions: 174 x 103 x 175 IN
  • Model: FW-250
  • Capacity Size: 250 CU M/HR
  • Serial Number: W13250002
  • Manufacturer Name: FW
  • Current: 7.5 KW
  • Frequency: 50/60 HERTZ
  • Phase: 3
  • Voltage: 230/460 VOLTS
  • Located in: PR, USA

We buy FW FW-250 W13250002 230/460 VOLTS 50/60 HERTZ 7.5 KW in bulk. Click here to get a free valuation.

Edson 3100 RSC K'D SIDE LOAD 575 VOLTS 60 HERTZ | Case Packers

  • Type of Case: RSC K'D
  • Manufacturer Name: Edson
  • Type of Packer: SIDE LOAD
  • Model: 3100
  • Case Sealing: HOT MELT GLUE
  • Year: 1991
  • Voltage: 575 VOLTS
  • Machinery Weight: 0 LBS
  • Machinery Dimensions: 0 x 0 x 0 IN
  • Recommended Packaging Form: CUSTOM PALLET
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: North America

We buy Edson 3100 RSC K'D SIDE LOAD 575 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Prolec 750 KVA | Transformers

  • Machinery Dimensions: 78.74 x 78.74 x 98.43 in
  • KVA: 750
  • Model: 750 KVA
  • Manufacturer Name: Prolec
  • Type of Transformer: DRY
  • Machinery Weight: 4409.20 lb
  • Recommended Packaging Form: CUSTOM
  • Located in: Guanajuato, Mexico

We buy Prolec 750 KVA in bulk. Click here to get a free valuation.

Colborne Unknown | Baking Lines

  • Machinery Dimensions: 15 x 5 x 5 FT
  • Manufacturer Name: Colborne
  • Machinery Weight: 4000 LBS
  • Located in: North America

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

Liebherr 220-240 VOLTS 50 HERTZ | Refrigerators

  • Machinery Dimensions: 31.50 x 35.43 x 78.74 in
  • Manufacturer Name: Liebherr
  • Machinery Weight: 440.92 lb
  • Voltage: 220-240 VOLTS
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 1
  • Located in: Switzerland

We buy Liebherr 220-240 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.