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

Surplus Machinery

Tekmar 7000 97034024 115 VOLTS 50/60 HERTZ 8 AMPS | Gas Chromatographs (GC)

  • Machinery Dimensions: 20 x 28 x 22 IN
  • Model: 7000
  • Serial Number: 97034024
  • Manufacturer Name: Tekmar
  • Machinery Weight: 84 LBS
  • Voltage: 115 VOLTS
  • Current: 8 AMPS
  • Frequency: 50/60 HERTZ
  • CE Marked: NO
  • Phase: 1
  • Recommended Packaging Form: PALLET
  • Located in: MA, USA

We buy Tekmar 7000 97034024 115 VOLTS 50/60 HERTZ 8 AMPS in bulk. Click here to get a free valuation.

CEM Corporation MAS 7000 AR4080 230 VOLTS 50 HERTZ | Furnaces

  • Machinery Dimensions: 54.33 x 17.72 x 25.20 in
  • Serial Number: AR4080
  • Model: MAS 7000
  • Manufacturer Name: CEM Corporation
  • Machinery Weight: 92.59 lb
  • Voltage: 230 VOLTS
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 1
  • Located in: Germany

We buy CEM Corporation MAS 7000 AR4080 230 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Sorensen DLM20-30M9G 1333A00056,1509A00130 115-230 VOLTS 50/60 HERTZ 714 WATTS | Miscellaneous

  • Serial Number: 1333A00056,1509A00130
  • Machinery Dimensions: 38 x 9 x 2 IN
  • Current: 714 WATTS
  • Model: DLM20-30M9G
  • Manufacturer Name: Sorensen
  • Machinery Weight: 18 LBS
  • Voltage: 115-230 VOLTS
  • Recommended Packaging Form: 19C (22X15X13)
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: San Jose, CA, USA

We buy Sorensen DLM20-30M9G 1333A00056,1509A00130 115-230 VOLTS 50/60 HERTZ 714 WATTS in bulk. Click here to get a free valuation.

Steris Finn Aqua POU-200 MOA48524DB1Z 5.34/15.7 Liters 480 VOLTS 60 HERTZ 3.1 AMPS | Water Purification and Still Systems

  • Machinery Dimensions: 96 x 32 x 38 IN
  • Capacity Details: 5.34/15.7 Liters
  • Model: POU-200
  • Serial Number: MOA48524DB1Z
  • Current: 3.1 AMPS
  • Manufacturer Name: Steris Finn Aqua
  • Year: 2018
  • Machinery Weight: 800 LBS
  • Recommended Packaging Form: CRATE
  • Voltage: 480 VOLTS
  • CE Marked: NO
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: MA, USA

We buy Steris Finn Aqua POU-200 MOA48524DB1Z 5.34/15.7 Liters 480 VOLTS 60 HERTZ 3.1 AMPS in bulk. Click here to get a free valuation.

Cole Parmer Legato 270 700355 100/240 VOLTS 50/60 HERTZ | Inline Pumps

  • Serial Number: 700355
  • Machinery Dimensions: 19.69 x 11.81 x 15.75 in
  • Model: Legato 270
  • Manufacturer Name: Cole Parmer
  • Machinery Weight: 26.46 lb
  • Voltage: 100/240 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Located in: Antwerpen, Belgium

We buy Cole Parmer Legato 270 700355 100/240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Waters Micromass ZQ SINGLE QUAD | Mass Spectrometers

  • Machinery Dimensions: 60 x 55 x 60 IN
  • Model: Micromass ZQ
  • Manufacturer Name: Waters
  • Machinery Weight: 600 LBS
  • Type of Mass Spec: SINGLE QUAD
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: North America

We buy Waters Micromass ZQ SINGLE QUAD in bulk. Click here to get a free valuation.

Agilent Technologies DSO5054A MY47150581 500 MHz 4 GSa/s 100-240 VOLTS 50/60 HERTZ | Miscellaneous

  • Serial Number: MY47150581
  • Machinery Weight: 8 LBS
  • Machinery Dimensions: 16 x 7 x 10 IN
  • Sample Rate: 4 GSa/s
  • Bandwidth: 500 MHz
  • Model: DSO5054A
  • Recommended Packaging Form: 19C (22X15X13)
  • Manufacturer Name: Agilent Technologies
  • Voltage: 100-240 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: San Jose, CA, USA

We buy Agilent Technologies DSO5054A MY47150581 500 MHz 4 GSa/s 100-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

NNP Corporation | Rotational Molders

  • Machinery Dimensions: 94.49 x 78.74 x 70.87 in
  • Manufacturer Name: NNP Corporation
  • Capacity Size: lb
  • Machinery Weight: 3306.90 lb
  • Phase: 3
  • Located in: Europe

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

Gehaka Master Wall MS 2000 60 L/HR 220 VOLTS 50/60 HERTZ | Water Purification and Still Systems

  • Machinery Dimensions: 16.54 x 20.47 x 19.09 in
  • Capacity Details: 12 Litros Reservatório Interno
  • Capacity Speed: 60 L/HR
  • Model: Master Wall MS 2000
  • Machinery Weight: 83.77 lb
  • Manufacturer Name: Gehaka
  • Year: 2017
  • Voltage: 220 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • CE Marked: NO
  • Located in: Brazil

We buy Gehaka Master Wall MS 2000 60 L/HR 220 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Skinetta ASK300b 6 BAR 208 VOLTS 60 HERTZ | Wrappers/Overwrappers/Bundlers

  • Machinery Dimensions: 169 x 44 x 68 IN
  • Model: ASK300b
  • Manufacturer Name: Skinetta
  • Year: 2004
  • Machinery Weight: 4000 LBS
  • Air Requirements: 6 BAR
  • Voltage: 208 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Frequency: 60 HERTZ
  • Located in: MA, USA

We buy Skinetta ASK300b 6 BAR 208 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Glatt | Miscellaneous

  • Machinery Dimensions: 48 x 40 x 52 IN
  • Machinery Weight: 400 Pounds
  • Machinery Dimensions: 48 x 40 x 24 IN
  • Manufacturer Name: Glatt
  • Machinery Weight: 400 LBS
  • Machinery Weight: 200 LBS
  • Recommended Packaging Form: PALLET
  • Located in: Forest, VA, USA

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

Bettcher 106527 115 VOLTS 60 HERTZ 2.4 AMPS | Batter and Breading Machines

  • Machinery Dimensions: 17 x 54.25 x 20 IN
  • Current: 2.4 AMPS
  • Model: 106527
  • Manufacturer Name: Bettcher
  • Machinery Weight: 150 LBS
  • Voltage: 115 VOLTS
  • Year: 2019
  • Phase: 1
  • Frequency: 60 HERTZ
  • Recommended Packaging Form: PALLET
  • Located in: North America

We buy Bettcher 106527 115 VOLTS 60 HERTZ 2.4 AMPS in bulk. Click here to get a free valuation.

Pfaudler Balfour 8 Cubic Meters 700162 GLASS LINED 6.6 BAR 11 BAR 70.87 in 86.61 in | Reactors

  • Machinery Dimensions: 212.60 x 114.17 x 114.17 in
  • Jacket Pressure Rating: 11 BAR
  • Internal Pressure Rating: 6.6 BAR
  • Capacity of Reactor: 8 CU M
  • Serial Number: 700162
  • Manufacturer Name: Pfaudler Balfour
  • Straight Side: 70.87 in
  • Inside Diameter: 86.61 in
  • Model: 8 Cubic Meters
  • Glass Lined - Has Vessel Been Spark Tested: YES
  • Jacket Temperature Rating: 200 DEG C
  • Internal Temperature Rating: 200 DEG C
  • Reactor Material of Construction: GLASS LINED
  • Agitator Location: TOP
  • Full Vacuum: YES
  • Agitation: YES
  • Machinery Weight: 22046.00 lb
  • Year: 1996
  • CE Marked: YES
  • Located in: Lincolnshire, United Kingdom

We buy Pfaudler Balfour 8 Cubic Meters 700162 GLASS LINED 6.6 BAR 11 BAR 70.87 in 86.61 in in bulk. Click here to get a free valuation.

Mettler Toledo SR16001 1125210292 16100 G 0.1 G 100-240 VOLTS 50/60 HERTZ | Scales

  • Machinery Dimensions: 19 x 12 x 5 IN
  • Platform Dimensions: 14"x 11" IN
  • Model: SR16001
  • Serial Number: 1125210292
  • Capacity Size: 16100 G
  • Degree of Precision: 0.1 G
  • Manufacturer Name: Mettler Toledo
  • Machinery Weight: 30 LBS
  • Voltage: 100-240 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Recommended Packaging Form: PALLET
  • Located in: MA, USA

We buy Mettler Toledo SR16001 1125210292 16100 G 0.1 G 100-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Imada DTXS-85-Z 329559 7.5 VOLTS | Miscellaneous

  • Machinery Dimensions: 12 x 9 x 6 IN
  • Serial Number: 329559
  • Model: DTXS-85-Z
  • Voltage: 7.5 VOLTS
  • Manufacturer Name: Imada
  • Machinery Weight: 10 LBS
  • Recommended Packaging Form: 19C (22X15X13)
  • CE Marked: YES
  • Located in: Forest, VA, USA

We buy Imada DTXS-85-Z 329559 7.5 VOLTS in bulk. Click here to get a free valuation.

Siebler HM1 160 | Packaging Lines

  • Machinery Dimensions: 295.28 x 98.43 x 98.43 in
  • Model: HM1 160
  • Manufacturer Name: Siebler
  • Machinery Weight: 8818.40 lb
  • Year: 2000
  • CE Marked: YES
  • Located in: Orleans, France

We buy Siebler HM1 160 in bulk. Click here to get a free valuation.

Umax Technologies U9901-119 DO T41134 240 VOLTS 50/60 HERTZ 1 AMPS | Densitometers

  • Machinery Dimensions: 17.72 x 24.41 x 7.87 in
  • Model: U9901-119 DO
  • Serial Number: T41134
  • Manufacturer Name: Umax Technologies
  • Current: 1 AMPS
  • Machinery Weight: 66.14 lb
  • Voltage: 240 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Wales, United Kingdom

We buy Umax Technologies U9901-119 DO T41134 240 VOLTS 50/60 HERTZ 1 AMPS in bulk. Click here to get a free valuation.

NEXTURN SA-20 40620366 220 VOLTS 50/60 HERTZ | Automatic Screw Machines

  • Machinery Weight: 6160 LBS
  • Machinery Dimensions: 76 x 56 x 65 IN
  • Control Model Number: Fanuc Series 18i-TB
  • Model: SA-20
  • Serial Number: 40620366
  • Manufacturer Name: NEXTURN
  • Bar Feeder Included: NO
  • Year: 2004
  • Type of Control: CNC
  • Voltage: 220 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: PR, USA

We buy NEXTURN SA-20 40620366 220 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Waters WFCIII | Fraction Collectors

  • Machinery Dimensions: 11.26 x 14.13 x 13.19 in
  • Model: WFCIII
  • Manufacturer Name: Waters
  • Machinery Weight: 22.05 lb
  • Located in: Europe

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

SIG CK 140 BPM 6 BAR 230/460 VOLTS 50/60 HERTZ | Wrappers/Overwrappers/Bundlers

  • Machinery Dimensions: 7.22 x 6.23 x 5.91 ft
  • Packages/Minutes: 140
  • Product Sizing: Tablet
  • Model: CK
  • Capacity Speed: 140 BPM
  • Manufacturer Name: SIG
  • Machinery Weight: 2865.98 lb
  • Air Requirements: 6 BAR
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • CE Marked: NO
  • Phase: 3
  • Voltage: 230/460 VOLTS
  • Located in: Middle East

We buy SIG CK 140 BPM 6 BAR 230/460 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

K Ley Apparatebau Din / TUV 5439 STAINLESS STEEL 316L STAINLESS 6.0 BAR 0.79 in 98.43 in | Heat Exchangers/Condensers

  • Machinery Dimensions: 133.86 x 35.43 x 35.43 in
  • Number of Passes: 4
  • Tube Length: 98.43 in
  • Tube Temperature Rating: 250 DEG C
  • Shell Temperature Rating: 250 DEG C
  • Shell Pressure Rating: 6.0 BAR
  • Capacity of Heat Exchanger: 146.39 sq ft
  • National Board #: Din / TUV
  • Model: Din / TUV
  • Serial Number: 5439
  • Manufacturer Name: K Ley Apparatebau
  • Tube Diameter: 0.79 in
  • Tube Pressure Rating: 4.0 / -1 BAR
  • Type of Heads: Dished
  • Orientation: VERTICAL
  • Tube Material of Construction: 316L STAINLESS
  • Shell Material of Construction: STAINLESS STEEL
  • Type of Heat Exchanger: SHELL AND TUBE
  • Machinery Weight: 1543.22 lb
  • Recommended Packaging Form: CUSTOM
  • Year: 1998
  • Located in: United Kingdom

We buy K Ley Apparatebau Din / TUV 5439 STAINLESS STEEL 316L STAINLESS 6.0 BAR 0.79 in 98.43 in in bulk. Click here to get a free valuation.

Liebherr Mediline 829528457 220-240 VOLTS 50 HERTZ | Freezers

  • Machinery Dimensions: 24.41 x 23.62 x 32.68 in
  • Serial Number: 829528457
  • Model: Mediline
  • Manufacturer Name: Liebherr
  • Type of Freezer: UPRIGHT
  • Machinery Weight: 99.21 lb
  • Year: 2014
  • Voltage: 220-240 VOLTS
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Located in: Basel, Switzerland

We buy Liebherr Mediline 829528457 220-240 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Goring Kerr 2022 Conveyor 6 BAR 380 VOLTS 50 HERTZ | Metal Detectors

  • Machinery Dimensions: 32.28 x 53.15 x 42.52 in
  • Model: 2022 Conveyor
  • Manufacturer Name: Goring Kerr
  • Machinery Weight: 332.89 lb
  • Year: 1997
  • Voltage: 380 VOLTS
  • Air Requirements: 6 BAR
  • Frequency: 50 HERTZ
  • Phase: 3
  • Located in: Europe

We buy Goring Kerr 2022 Conveyor 6 BAR 380 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

NNP Corporation 50/60 HERTZ | Conveyors

  • Machinery Dimensions: 6.56 x 1.64 x 6.56 ft
  • Machinery Dimensions: 9.84 x 1.64 x 3.28 ft
  • Type of Conveyors: MAT TOP CONVEYOR
  • Manufacturer Name: NNP Corporation
  • Type of Conveyors: INCLINE ELEVATOR CONVEYOR
  • Machinery Weight: 881.84 lb
  • Machinery Weight: 1102.30 lb
  • Frequency: 50/60 HERTZ
  • Located in: Europe

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

HPLC Agilent 1100 System G1296A | Gas Chromatographs (GC)

  • Model: G1296A
  • Manufacturer Name: HPLC Agilent 1100 System
  • Located in: North America

We buy HPLC Agilent 1100 System G1296A in bulk. Click here to get a free valuation.

Anritsu Corporation MD8430A 6200831550 100-120/200-240 VOLTS 50/60 HERTZ 1200 VA | Miscellaneous

  • Serial Number: 6200831550
  • 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 6200831550 100-120/200-240 VOLTS 50/60 HERTZ 1200 VA in bulk. Click here to get a free valuation.

Thermo Scientific PL9000 | Freeze Dryers

  • Machinery Weight: 1050 LBS
  • Machinery Dimensions: 83 x 48 x 76 IN
  • Model: PL9000
  • Manufacturer Name: Thermo Scientific
  • Stoppering Capable: YES
  • Recommended Packaging Form: CRATE
  • Located in: MA, USA

We buy Thermo Scientific PL9000 in bulk. Click here to get a free valuation.

Calumatic MONOBLOCK 5 ml 380 VOLTS 14 KW | Fillers

  • Current Application (Products,Sizes Run and Shape of Bottle): 5 ml
  • Machinery Dimensions: 78.74 x 51.18 x 88.19 in
  • Type of Filler: VOLUMETRIC
  • Model: MONOBLOCK
  • Current: 14 KW
  • Manufacturer Name: Calumatic
  • Frequency: 50
  • Year: 1993
  • Voltage: 380 VOLTS
  • Machinery Weight: 2204.60 lb
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: Europe

We buy Calumatic MONOBLOCK 5 ml 380 VOLTS 14 KW in bulk. Click here to get a free valuation.

Doboy SKJ | Flow Wrappers

  • Model: SKJ
  • Manufacturer Name: Doboy
  • Machinery Weight: 0 LBS
  • Machinery Dimensions: 0 x 0 x 0 IN
  • Located in: North America

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

Little David 440 VOLTS 60 HERTZ | Tapers

  • Machinery Dimensions: 84 x 42 x 60 IN
  • Manufacturer Name: Little David
  • Voltage: 440 VOLTS
  • Machinery Weight: 1000 LBS
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: North America

We buy Little David 440 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.

Agilent Technologies 6460C | Mass Spectrometers

  • Machinery Weight: 255 LBS
  • Machinery Dimensions: 28.5 x 42.5 x 18.8 IN
  • Model: 6460C
  • Manufacturer Name: Agilent Technologies
  • Type of Mass Spec: TRIPLE STAGE QUAD
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: North America

We buy Agilent Technologies 6460C in bulk. Click here to get a free valuation.

Alsanner PRO120M 1205029 264.55 lb | Lifts

  • Machinery Dimensions: 43.31 x 22.05 x 78.74 in
  • Model: PRO120M
  • Type of Lift: TABLE
  • Serial Number: 1205029
  • Manufacturer Name: Alsanner
  • Operation: MANUAL
  • Capacity Size: 264.55 lb
  • Lifting Device: OTHER
  • Year: 2009
  • Machinery Weight: 2.20 lb
  • CE Marked: YES
  • Located in: Sao Paulo, Brazil

We buy Alsanner PRO120M 1205029 264.55 lb in bulk. Click here to get a free valuation.

Kora Packmat Maschinenbau GmbH VMC-100 6 BAR 6 BAR 400 VOLTS | Seals

  • Model: VMC-100
  • Recommended Packaging Form: TARIMA
  • Manufacturer Name: Kora Packmat Maschinenbau GmbH
  • Capacity Speed: 6 BAR
  • Machinery Dimensions: 13.12 x 6.56 x 6.56 ft
  • Frequency: 50
  • Machinery Weight: 661.38 lb
  • Voltage: 400 VOLTS
  • Air Requirements: 6 BAR
  • Year: 2007
  • Phase: 3
  • Located in: Latin America

We buy Kora Packmat Maschinenbau GmbH VMC-100 6 BAR 6 BAR 400 VOLTS in bulk. Click here to get a free valuation.

Neri TM2BI Vials ampoules 400 VOLTS 50 HERTZ 1,5 KW | Tray Loaders

  • Machinery Dimensions: 71.65 x 38.19 x 74.80 in
  • Products Run: Vials ampoules
  • Model: TM2BI
  • Current: 1,5 KW
  • Capacity Speed: 1 CU FT/MIN
  • Manufacturer Name: Neri
  • Machinery Weight: 396.83 lb
  • Voltage: 400 VOLTS
  • Year: 2008
  • Frequency: 50 HERTZ
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy Neri TM2BI Vials ampoules 400 VOLTS 50 HERTZ 1,5 KW in bulk. Click here to get a free valuation.

Marchesini MB 420 | Blister Packaging Lines

  • Machinery Dimensions: 102.36 x 133.86 x 206.69 in
  • Model: MB 420
  • Manufacturer Name: Marchesini
  • Machinery Weight: 2314.83 lb
  • Year: 1992
  • Located in: Europe

We buy Marchesini MB 420 in bulk. Click here to get a free valuation.

Toledo Scale Co 110.23 lb | Scales

  • Manufacturer Name: Toledo Scale Co
  • Machinery Weight: 441 LBS
  • Capacity Size: 110.23 lb
  • Machinery Dimensions: 24 x 24 x 24 IN
  • Located in: Europe

We buy Toledo Scale Co 110.23 lb in bulk. Click here to get a free valuation.

Baldwin Filters, Inc. PT82-HD | Filters

  • Machinery Dimensions: 3.7 x 3.7 x 6 IN
  • Model: PT82-HD
  • Manufacturer Name: Baldwin Filters, Inc.
  • Machinery Weight: 1 LBS
  • Year: 2008
  • Recommended Packaging Form: CUSTOM
  • Located in: North America

We buy Baldwin Filters, Inc. PT82-HD in bulk. Click here to get a free valuation.

Perkin Elmer 200 Vacuum Degasser | HPLC

  • Model: 200 Vacuum Degasser
  • Manufacturer Name: Perkin Elmer
  • Located in: North America

We buy Perkin Elmer 200 Vacuum Degasser in bulk. Click here to get a free valuation.

Treif | Food Dicer

  • Manufacturer Name: Treif
  • Located in: Europe

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