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

Surplus Machinery

Imola E 2424 C0784 4 BAR 2 KW 50 HERTZ 230 VOLTS | Sorters

  • Machinery Dimensions: 52.76 x 76.77 x 78.74 in
  • Model: E 2424
  • Serial Number: C0784
  • Capacity Speed: 4 BAR
  • Manufacturer Name: Imola
  • Current: 2 KW
  • Machinery Weight: 992.07 lb
  • Year: 2013
  • Voltage: 230 VOLTS
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 1
  • Recommended Packaging Form: PALLET
  • Located in: Turkey

We buy Imola E 2424 C0784 4 BAR 2 KW 50 HERTZ 230 VOLTS in bulk. Click here to get a free valuation.

Waters Micromass ZQ LAA1097; E995M7 926M SINGLE QUAD 100/240 VOLTS 50/60 HERTZ | Mass Spectrometers

  • Machinery Dimensions: 82.28 x 18.11 x 23.23 in
  • Model: Micromass ZQ
  • Serial Number: LAA1097; E995M7 926M
  • Machinery Weight: 771.61 lb
  • Manufacturer Name: Waters
  • Type of Mass Spec: SINGLE QUAD
  • Year: 1999
  • Voltage: 100/240 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Belgium

We buy Waters Micromass ZQ LAA1097; E995M7 926M SINGLE QUAD 100/240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Clark TM15 TM247-0207-9091FB 2475 Pounds Sit Down | Fork Lift Trucks

  • Battery Required: yes
  • Model: TM15
  • Capacity Size: 2475 Pounds
  • Serial Number: TM247-0207-9091FB
  • Manufacturer Name: Clark
  • Stand Up/Sit Down: Sit Down
  • Fuel: ELECTRIC
  • Machinery Weight: 1 LBS
  • Machinery Dimensions: 1 x 1 x 1 IN
  • Recommended Packaging Form: CUSTOM
  • Located in: PR, USA

We buy Clark TM15 TM247-0207-9091FB 2475 Pounds Sit Down in bulk. Click here to get a free valuation.

BFB IMA ms300 t300 60 U/MIN | Wrappers/Overwrappers/Bundlers

  • Machinery Dimensions: 216.54 x 59.06 x 70.87 in
  • Model: ms300 t300
  • Capacity Speed: 60 U/MIN
  • Manufacturer Name: BFB IMA
  • Machinery Weight: 2204.60 lb
  • Located in: Europe

We buy BFB IMA ms300 t300 60 U/MIN in bulk. Click here to get a free valuation.

Eurovent 600 CMC-600 50 HERTZ | Miscellaneous Processing Equipment

  • Machinery Dimensions: 98.43 x 48.03 x 70.87 in
  • Model: 600 CMC-600
  • Manufacturer Name: Eurovent
  • Machinery Weight: 1984.14 lb
  • Year: 2000
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: Europe

We buy Eurovent 600 CMC-600 50 HERTZ in bulk. Click here to get a free valuation.

Maschinpex Visomat IV | Vial or Ampoule Inspection Machines

  • Capacity Speed: U/MIN
  • Model: Visomat IV
  • Manufacturer Name: Maschinpex
  • Machinery Weight: 1 LBS
  • Year: 2004
  • Machinery Dimensions: 1 x 1 x 1 IN
  • Located in: Europe

We buy Maschinpex Visomat IV in bulk. Click here to get a free valuation.

FBF Italia Srl FBF2004 15063616 STAINLESS STEEL | Homogenizers

  • Machinery Weight: 804.68 lb
  • Machinery Dimensions: 33.46 x 45.28 x 36.22 in
  • Model: FBF2004
  • Serial Number: 15063616
  • Manufacturer Name: FBF Italia Srl
  • Material of Construction: STAINLESS STEEL
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: ALB, Canada

We buy FBF Italia Srl FBF2004 15063616 STAINLESS STEEL in bulk. Click here to get a free valuation.

Zanchetta BIN 1200/900 V0590.04 Bin 01, V0590.04 Bin 02, V0590.04 Bin 03 237.83 gal | Storage Totes

  • Machinery Dimensions: 159.45 x 49.21 x 62.99 in
  • Model: BIN 1200/900
  • Serial Number: V0590.04 Bin 01, V0590.04 Bin 02, V0590.04 Bin 03
  • Capacity Size: 237.83 gal
  • Manufacturer Name: Zanchetta
  • Machinery Weight: 1322.76 lb
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Located in: Mexico

We buy Zanchetta BIN 1200/900 V0590.04 Bin 01, V0590.04 Bin 02, V0590.04 Bin 03 237.83 gal in bulk. Click here to get a free valuation.

Atec H09100-01 26.43 gal STAINLESS STEEL 0.04 in 0.04 in 0.04 in | Tanks

  • Machinery Dimensions: 47.24 x 39.37 x 70.87 in
  • Straight Side: 0.04 in
  • Overall Height: 0.04 in
  • Inside Diameter: 0.04 in
  • Jacket Pressure Rating: -1 to 5 BAR
  • Internal Pressure Rating: -1 to 3 BAR
  • Serial Number: H09100-01
  • Manufacturer Name: Atec
  • Jacket Temperature Rating: 150 DEG C
  • Internal Temperature Rating: 150 DEG C
  • Type of Top Head: DISHED
  • How Many Types of Agitation: SINGLE
  • Capacity of Tank: 26.43 gal
  • Vertical or Horizontal: VERTICAL
  • Jacketed: YES
  • Agitation: YES
  • Type of Bottom Head: FLAT
  • Tank Material of Construction: STAINLESS STEEL
  • Machinery Weight: 330.69 lb
  • Year: 2014
  • CE Marked: YES
  • Located in: Switzerland

We buy Atec H09100-01 26.43 gal STAINLESS STEEL 0.04 in 0.04 in 0.04 in in bulk. Click here to get a free valuation.

Label Aire Inc. 2111M 0193410004 90 PSI 125 VOLTS 60 HERTZ 5 AMPS | Labelers

  • Machinery Dimensions: 48 x 40 x 74 IN
  • Voltage: 125 VOLTS
  • Location of Labels on Product: Top of Carton/Box
  • Model: 2111M
  • Serial Number: 0193410004
  • Manufacturer Name: Label Aire Inc.
  • Application Type: BLOW
  • Current: 5 AMPS
  • Machinery Weight: 400 LBS
  • Air Requirements: 90 PSI
  • Number of Labeling Heads: 1
  • Type of Labeler: INLINE
  • Phase: 1
  • Recommended Packaging Form: CUSTOM PALLET
  • Frequency: 60 HERTZ
  • Located in: MA, USA

We buy Label Aire Inc. 2111M 0193410004 90 PSI 125 VOLTS 60 HERTZ 5 AMPS in bulk. Click here to get a free valuation.

Robopac L bar | L Bar Sealers

  • Machinery Dimensions: 137.80 x 47.24 x 62.99 in
  • Model: L bar
  • Manufacturer Name: Robopac
  • Machinery Weight: 1102.30 lb
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy Robopac L bar in bulk. Click here to get a free valuation.

Ingersoll Rand Centac C35MX2-2RH V-7419 35,95 m³/min 9,5 BAR 250 KW | Air Compressors

  • Machinery Weight: 9182.16 lb
  • Machinery Dimensions: 118.11 x 70.87 x 86.61 in
  • Hours: 24.057
  • Horsepower: 250 KW
  • Pressure Rating (Pressure): 9,5 BAR
  • Heating Cooling Requirements: Watercooled
  • Product Sizing: 35,95 m³/min
  • Capacity Size: 2157 CU M/HR
  • Model: Centac C35MX2-2RH
  • Serial Number: V-7419
  • Manufacturer Name: Ingersoll Rand
  • Produce Being Compressed: Air
  • Year: 2007
  • CE Marked: YES
  • Phase: 3
  • Located in: Belgium, Belgium

We buy Ingersoll Rand Centac C35MX2-2RH V-7419 35,95 m³/min 9,5 BAR 250 KW in bulk. Click here to get a free valuation.

Agilent Technologies 1200 DE63057412 DIODE ARRAY 220-240 VOLTS 50/60 HERTZ | HPLC

  • Machinery Dimensions: 137.80 x 16.54 x 39.37 in
  • Model: 1200
  • Serial Number: DE63057412
  • Type of Detector for HPLC: DIODE ARRAY
  • Manufacturer Name: Agilent Technologies
  • Machinery Weight: 1543.22 lb
  • Voltage: 220-240 VOLTS
  • Type of Pump for HPLC: BINARY
  • Year: 2007
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: Basel, Switzerland

We buy Agilent Technologies 1200 DE63057412 DIODE ARRAY 220-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Rohde and Schwarz CMW500 145063 100-240 VOLTS 50/60 HERTZ 850 VA | Communication Testing Equipment

  • Serial Number: 145063
  • 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 145063 100-240 VOLTS 50/60 HERTZ 850 VA in bulk. Click here to get a free valuation.

Endoline 201 50/60 HERTZ | Case Erectors

  • Model: 201
  • Manufacturer Name: Endoline
  • Machinery Dimensions: 59.06 x 39.37 x 70.87 in
  • Machinery Weight: 2204.60 lb
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: Europe

We buy Endoline 201 50/60 HERTZ in bulk. Click here to get a free valuation.

Bruker D8 Advance 202397 | X-Ray Diffractometers

  • Machinery Weight: 1775 LBS
  • Machinery Dimensions: 94 x 51 x 83 IN
  • Model: D8 Advance
  • Serial Number: 202397
  • Manufacturer Name: Bruker
  • CE Marked: YES
  • Located in: IN, USA

We buy Bruker D8 Advance 202397 in bulk. Click here to get a free valuation.

Flow Sciences 85502A866 F182447-000013 115 VOLTS 50/60 HERTZ | Miscellaneous

  • Machinery Dimensions: 32 x 32 x 32 IN
  • Model: 85502A866
  • Serial Number: F182447-000013
  • Manufacturer Name: Flow Sciences
  • Machinery Weight: 75 LBS
  • Voltage: 115 VOLTS
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Forest, VA, USA

We buy Flow Sciences 85502A866 F182447-000013 115 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Cioni A4RC 6 BAR 380 VOLTS 50/60 HERTZ 15 AMPS | Cappers

  • Model: A4RC
  • Manufacturer Name: Cioni
  • Type of Capping: FILLER CAPPER COMBINATION
  • Machinery Dimensions: 47.24 x 47.24 x 70.87 in
  • Type of Capper: ROTARY
  • Machinery Weight: 300 LBS
  • Voltage: 380 VOLTS
  • Air Requirements: 6 BAR
  • Products Run: Bottles
  • Current: 15 AMPS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 3
  • Located in: Europe

We buy Cioni A4RC 6 BAR 380 VOLTS 50/60 HERTZ 15 AMPS in bulk. Click here to get a free valuation.

GEA Niro PMA 800 211.41 gal 3000 RPM 6 BAR 380 VOLTS 50 HERTZ 800 Liters | Granulators

  • Machinery Dimensions: 98.43 x 59.06 x 98.43 in
  • Capacity Details: 800 Liters
  • Product Sizing: Batch weight: 350 Kg
  • Model: PMA 800
  • Manufacturer Name: GEA Niro
  • Capacity Size: 211.41 gal
  • Capacity Speed: 3000 RPM
  • Material of Construction: 316L
  • Voltage: 380 VOLTS
  • Air Requirements: 6 BAR
  • Machinery Weight: 4409.20 lb
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Year: 1998
  • Phase: 3
  • Located in: Europe

We buy GEA Niro PMA 800 211.41 gal 3000 RPM 6 BAR 380 VOLTS 50 HERTZ 800 Liters in bulk. Click here to get a free valuation.

Dionex ASE 200 | Ion Chromatography

  • Model: ASE 200
  • Manufacturer Name: Dionex
  • Located in: North America

We buy Dionex ASE 200 in bulk. Click here to get a free valuation.

Xcellerex 609033-8627-102/10 52.85 gal 24.80 in 43.31 in 23.23 in 230 VOLTS 50/60 HERTZ 10 AMPS | Tanks

  • Serial Number: 609033-8627-102/10
  • Machinery Dimensions: 39.37 x 31.50 x 43.31 in
  • Straight Side: 23.23 in
  • Overall Height: 43.31 in
  • Inside Diameter: 24.80 in
  • Tank Material of Construction: PLASTIC
  • Manufacturer Name: Xcellerex
  • Capacity of Tank: 52.85 gal
  • Current: 10 AMPS
  • Machinery Weight: 110.23 lb
  • Voltage: 230 VOLTS
  • Frequency: 50/60 HERTZ
  • Agitation: NO
  • Jacketed: NO
  • Phase: 1
  • Located in: Netherlands

We buy Xcellerex 609033-8627-102/10 52.85 gal 24.80 in 43.31 in 23.23 in 230 VOLTS 50/60 HERTZ 10 AMPS in bulk. Click here to get a free valuation.

WATERS Alliance 2525 | HPLC

  • Model: 2525
  • Manufacturer Name: WATERS Alliance
  • Located in: North America

We buy WATERS Alliance 2525 in bulk. Click here to get a free valuation.

Gericke RH HP 4211 0.26 gal | Hoppers

  • Model: RH HP 4211
  • Machinery Dimensions: 59.06 x 59.06 x 98.43 in
  • Capacity Size: 0.26 gal
  • Manufacturer Name: Gericke
  • Machinery Weight: 2204.60 lb
  • Located in: Medan, Indonesia

We buy Gericke RH HP 4211 0.26 gal in bulk. Click here to get a free valuation.

Thomas Engineering 60-D 60-935 60 inch 460 VOLTS 60 HERTZ | Perforated Coating Pans

  • Pan Size: 60 inch
  • Model: 60-D
  • Serial Number: 60-935
  • Manufacturer Name: Thomas Engineering
  • Products Run: tablets
  • Machinery Weight: 1 LBS
  • Voltage: 460 VOLTS
  • Machinery Dimensions: 1 x 1 x 1 IN
  • CE Marked: NO
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: NC, USA

We buy Thomas Engineering 60-D 60-935 60 inch 460 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Glatt CM 2500 SF 10450 3968.28 lb | Blenders

  • Machinery Weight: 4411.41 lb
  • Machinery Dimensions: 133.90 x 86.61 x 153.54 in
  • Model: CM 2500 SF
  • Capacity Size: 3968.28 lb
  • Type of Blender: TOTE/BIN
  • Serial Number: 10450
  • Manufacturer Name: Glatt
  • Year: 2008
  • CE Marked: NO
  • Located in: Israel

We buy Glatt CM 2500 SF 10450 3968.28 lb in bulk. Click here to get a free valuation.

Barry Wehmiller Slip Sheet 3045A155 24 VOLTS 60 HERTZ N/A AMPS | Miscellaneous

  • Machinery Dimensions: 101 x 65 x 96 IN
  • Current: N/A AMPS
  • Voltage: 24 VOLTS
  • Model: Slip Sheet
  • Serial Number: 3045A155
  • Manufacturer Name: Barry Wehmiller
  • Year: 2004
  • Machinery Weight: 3000 LBS
  • CE Marked: NO
  • Phase: 1
  • Frequency: 60 HERTZ
  • Located in: Leipsic, OH, USA

We buy Barry Wehmiller Slip Sheet 3045A155 24 VOLTS 60 HERTZ N/A AMPS 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.

Airedale International Air Conditioning LogiCool 20/40 KW | Chillers

  • Machinery Dimensions: 55.12 x 51.18 x 90.55 in
  • Current: 20/40 KW
  • Model: LogiCool
  • Manufacturer Name: Airedale International Air Conditioning
  • Machinery Weight: 1102.30 lb
  • Recommended Packaging Form: CUSTOM
  • Located in: Wales, United Kingdom

We buy Airedale International Air Conditioning LogiCool 20/40 KW in bulk. Click here to get a free valuation.

Atlas Copco ZR3B 66.33 gal 3000 RPM 110 KW | Air Compressors

  • Horsepower: 110 KW
  • Capacity Speed: 3000 RPM
  • Model: ZR3B
  • Capacity Size: 66.33 gal
  • Manufacturer Name: Atlas Copco
  • Year: 1985
  • Machinery Dimensions: 0.00 x 0.00 x 0.00 in
  • Machinery Weight: 0.00 lb
  • Located in: Europe

We buy Atlas Copco ZR3B 66.33 gal 3000 RPM 110 KW in bulk. Click here to get a free valuation.

Gilson 322 | HPLC

  • Manufacturer Name: Gilson
  • Model: 322
  • Located in: North America

We buy Gilson 322 in bulk. Click here to get a free valuation.

Manuvit 600 Kg Barrel Lifter 02700042 600 Kgs | Lifts

  • Capacity Size: 600 Kgs
  • Serial Number: 02700042
  • Machinery Dimensions: 102.36 x 49.21 x 82.68 in
  • Model: 600 Kg Barrel Lifter
  • Manufacturer Name: Manuvit
  • Type of Lift: HYDRAULIC
  • Machinery Weight: 661.38 lb
  • CE Marked: YES
  • Located in: Ireland

We buy Manuvit 600 Kg Barrel Lifter 02700042 600 Kgs in bulk. Click here to get a free valuation.

Liconic STX500 230 VOLTS 50/60 HERTZ | Incubators

  • Machinery Dimensions: 31.50 x 35.43 x 82.68 in
  • Model: STX500
  • Manufacturer Name: Liconic
  • Machinery Weight: 154.32 lb
  • Year: 2002
  • Voltage: 230 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Antwerpen, Belgium

We buy Liconic STX500 230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Mavag 5071322 240 VOLTS 50/60 HERTZ | Filters

  • Machinery Dimensions: 39.37 x 31.46 x 62.95 in
  • Serial Number: 5071322
  • Manufacturer Name: Mavag
  • Year: 1997
  • Voltage: 240 VOLTS
  • Machinery Weight: 440.92 lb
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Switzerland

We buy Mavag 5071322 240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

IMA WIN.PACK TR 130 130369 400 VOLTS 50 HERTZ | Thermoformers and Trim Presses

  • Machinery Dimensions: 210.24 x 47.24 x 80.71 in
  • Products Run: PVC Blister Packs
  • Product Sizing: 2 x 3 Blisters
  • Serial Number: 130369
  • Model: WIN.PACK TR 130
  • Manufacturer Name: IMA
  • Phase: 3+1
  • Machinery Weight: 3306.90 lb
  • Year: 2003
  • Voltage: 400 VOLTS
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Located in: Wales, United Kingdom

We buy IMA WIN.PACK TR 130 130369 400 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Agilent Technologies 1200 / 1200 HPLC | HPLC

  • Model: 1200 / 1200 HPLC
  • Manufacturer Name: Agilent Technologies
  • Located in: North America

We buy Agilent Technologies 1200 / 1200 HPLC in bulk. Click here to get a free valuation.

Mettler Toledo AX-204 1122123835 230 VOLTS 50/60 HERTZ | Balances

  • Machinery Dimensions: 9.49 x 19.88 x 23.35 in
  • Model: AX-204
  • Serial Number: 1122123835
  • Manufacturer Name: Mettler Toledo
  • Machinery Weight: 22.05 lb
  • Year: 2014
  • Voltage: 230 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: India

We buy Mettler Toledo AX-204 1122123835 230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Julabo F32 12003420105, 12004120119 230 VOLTS 50 HERTZ | Miscellaneous

  • Machinery Dimensions: 31.50 x 15.75 x 27.56 in
  • Model: F32
  • Serial Number: 12003420105, 12004120119
  • Manufacturer Name: Julabo
  • Machinery Weight: 55.12 lb
  • Voltage: 230 VOLTS
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Located in: Bridgend , Wales, United Kingdom

We buy Julabo F32 12003420105, 12004120119 230 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Inject Star of the Americas 3 KW STAINLESS STEEL | Tenderizer

  • Machinery Dimensions: 55.12 x 39.37 x 64.96 in
  • Manufacturer Name: Inject Star of the Americas
  • Current: 3 KW
  • Material of Construction: STAINLESS STEEL
  • Machinery Weight: 551.15 lb
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: Europe

We buy Inject Star of the Americas 3 KW STAINLESS STEEL in bulk. Click here to get a free valuation.

Washex TC200 220 VOLTS 60 HERTZ | Cookers

  • Machinery Dimensions: 118.11 x 90.55 x 82.68 in
  • Model: TC200
  • Cooker Type: STEAM
  • Manufacturer Name: Washex
  • Products Run: Meat and food products
  • Year: 1996
  • Machinery Weight: 4409.20 lb
  • Voltage: 220 VOLTS
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Latin America

We buy Washex TC200 220 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Storz 50/60 HERTZ 100-240 VOLTS | Medical Device Equipment

  • Machinery Dimensions: 12 x 12 x 10 IN
  • Manufacturer Name: Storz
  • Machinery Weight: 50 LBS
  • Voltage: 100-240 VOLTS
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: NJ, USA

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