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

Surplus Machinery

Custom Made CARBON STEEL | Silos

  • Machinery Dimensions: 137.80 x 66.93 x 102.36 in
  • Number of Inlets and Size: 2
  • Type of Bottom: Conical
  • Manufacturer Name: Custom Made
  • Type of Heads: Flat
  • Vertical or Horizontal: VERTICAL
  • Machinery Weight: 4409.20 lb
  • Agitation: NO
  • Jacketed: NO
  • Material of Construction: CARBON STEEL
  • Located in: Brazil

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

Daymax 330 330 GALS 60 HP 440 VOLTS 60 HERTZ 5 KG/CM2 | Blenders

  • Machinery Dimensions: 4.27 x 4.27 x 10.83 ft
  • Jacket Pressure Rating: 5 KG/CM2
  • Horsepower: 60 HP
  • Model: 330
  • Capacity Size: 330 GALS
  • Type of Blender: GIRATORIO
  • Manufacturer Name: Daymax
  • Jacketed: SÍ
  • Machinery Weight: 2865.98 lb
  • Voltage: 440 VOLTS
  • Recommended Packaging Form: PERSONALIZADO
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Mexico

We buy Daymax 330 330 GALS 60 HP 440 VOLTS 60 HERTZ 5 KG/CM2 in bulk. Click here to get a free valuation.

Thermo Fisher Scientific Antaris II FT-NIR AHY0800388 | Spectrometers

  • Machinery Weight: 106 LBS
  • Machinery Dimensions: 26 x 16 x 12 IN
  • Serial Number: AHY0800388
  • Model: Antaris II FT-NIR
  • Manufacturer Name: Thermo Fisher Scientific
  • Year: 2008
  • Located in: CA, USA

We buy Thermo Fisher Scientific Antaris II FT-NIR AHY0800388 in bulk. Click here to get a free valuation.

Boucherie BM-A B 109 20 RPM 380 VOLTS 60 HERTZ 34 AMPS | Blister Sealers

  • Machinery Dimensions: 181.10 x 66.93 x 76.57 in
  • Current: 34 AMPS
  • Capacity Speed: 20 RPM
  • Model: BM-A
  • Serial Number: B 109
  • Manufacturer Name: Boucherie
  • Machinery Weight: 3968.28 lb
  • Year: 1999
  • Voltage: 380 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Valle del Cauca, Colombia

We buy Boucherie BM-A B 109 20 RPM 380 VOLTS 60 HERTZ 34 AMPS in bulk. Click here to get a free valuation.

De Lama 300 L 79.28 gal STAINLESS STEEL unknown IN unknown IN unknown IN | Tanks

  • Machinery Dimensions: 59.06 x 59.06 x 70.87 in
  • Model: 300 L
  • Straight Side: unknown IN
  • Overall Height: unknown IN
  • Capacity of Tank: 79.28 gal
  • Manufacturer Name: De Lama
  • Inside Diameter: Unknown IN
  • Year: 1982
  • Tank Material of Construction: STAINLESS STEEL
  • Machinery Weight: 1102.30 lb
  • Recommended Packaging Form: CUSTOM
  • Agitation: NO
  • Jacketed: NO
  • Located in: Europe

We buy De Lama 300 L 79.28 gal STAINLESS STEEL unknown IN unknown IN unknown IN in bulk. Click here to get a free valuation.

Barroso MDM 329 6 BAR | Sausage Linkers

  • Machinery Dimensions: 31.50 x 31.50 x 74.80 in
  • Serial Number: 329
  • Model: MDM
  • Manufacturer Name: Barroso
  • Machinery Weight: 0.00 lb
  • Year: 2004
  • Air Requirements: 6 BAR
  • Located in: Spain

We buy Barroso MDM 329 6 BAR in bulk. Click here to get a free valuation.

Wallac 1450 Microbeta Trilux 4500686 100-240 VOLTS 50/60 HERTZ | Scintillation Counters

  • Machinery Dimensions: 27.56 x 35.43 x 67.72 in
  • Serial Number: 4500686
  • Model: 1450 Microbeta Trilux
  • Manufacturer Name: Wallac
  • Machinery Weight: 440.92 lb
  • Voltage: 100-240 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: United Kingdom

We buy Wallac 1450 Microbeta Trilux 4500686 100-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Applied Materials Inc 0010-26750 05911-2 35-50 LBS 145 PSI | Actuators

  • Serial Number: 05911-2
  • Model: 0010-26750
  • 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 0010-26750 05911-2 35-50 LBS 145 PSI in bulk. Click here to get a free valuation.

Lewa LDF3-M911S-25-SAN 574643-010.001 60 HERTZ 230/460 VOLTS | Metering and Dye Pumps

  • Machinery Dimensions: 96 x 48 x 48 IN
  • RPM: 1742
  • HP: 20
  • Serial Number: 574643-010.001
  • Model: LDF3-M911S-25-SAN
  • Manufacturer Name: Lewa
  • Year: 2014
  • Machinery Weight: 3000 LBS
  • Frequency: 60 HERTZ
  • Voltage: 230/460 VOLTS
  • Located in: VA, USA

We buy Lewa LDF3-M911S-25-SAN 574643-010.001 60 HERTZ 230/460 VOLTS in bulk. Click here to get a free valuation.

Parker PK-90 CT SI CHILLED WATER PROCESS SPECIFIC Computer Electronic 380 VOLTS 50 HERTZ 130 AMPS | Molding System

  • Date of System Operating Software: Computer Electronic
  • Manufacturer Name: Parker
  • Machinery Dimensions: 157.48 x 59.06 x 78.74 in
  • Date of Last PM: 2020
  • Current: 130 AMPS
  • Model: PK-90 CT SI
  • Operating System: ELECTRIC HYDRAULIC SYSTEM
  • Is the system generic or process specific?: PROCESS SPECIFIC
  • Any special features on the system?: NO
  • Any upgrade to the system?: NO
  • Is System Running or Powered Off?: RUNNING
  • Fuctional or Non Functional: FUCTIONAL
  • System Facility Requirements: CHILLED WATER
  • Year: 2004
  • Voltage: 380 VOLTS
  • Machinery Weight: 22046.00 lb
  • Frequency: 50 HERTZ
  • Located in: East Asia/Pacific

We buy Parker PK-90 CT SI CHILLED WATER PROCESS SPECIFIC Computer Electronic 380 VOLTS 50 HERTZ 130 AMPS in bulk. Click here to get a free valuation.

Quimis CARBON STEEL 200x200x300 in 220 VOLTS 60 HERTZ | Lab Ovens

  • Machinery Dimensions: 31.50 x 25.98 x 25.98 in
  • Chamber Dimensions: 200x200x300 in
  • Manufacturer Name: Quimis
  • Temperature Range: 1200 DEG C
  • Machinery Weight: 176.37 lb
  • Voltage: 220 VOLTS
  • Material of Construction: CARBON STEEL
  • Phase: 1
  • Frequency: 60 HERTZ
  • Located in: Brazil

We buy Quimis CARBON STEEL 200x200x300 in 220 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

BB Pack | Labelers

  • Manufacturer Name: BB Pack
  • Located in: Europe

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

IKA 12645 20 AMPS STAINLESS STEEL 110 VOLTS | Dispersers

  • Machinery Dimensions: 18.27 x 9.84 x 12.56 in
  • HP: 2
  • Model: 12645
  • Manufacturer Name: IKA
  • Machinery Weight: 79.37 lb
  • Voltage: 110 VOLTS
  • Material of Construction: STAINLESS STEEL
  • Current: 20 AMPS
  • Phase: 3
  • Located in: Europe

We buy IKA 12645 20 AMPS STAINLESS STEEL 110 VOLTS in bulk. Click here to get a free valuation.

Posimat POSIFLEX 35 OC10115 380 VOLTS 50 HERTZ | Automatic Unscramblers

  • Machinery Dimensions: 157.48 x 157.48 x 137.80 in
  • Serial Number: OC10115
  • Model: POSIFLEX 35
  • Manufacturer Name: Posimat
  • Phase: 3+1
  • Machinery Weight: 13227.60 lb
  • Voltage: 380 VOLTS
  • Year: 2001
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Located in: France

We buy Posimat POSIFLEX 35 OC10115 380 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

ACE World Companies 45 FT 10 TONS | Miscellaneous

  • Machinery Dimensions: 45 x 7 x 5 FT
  • Capacity Size: 10 TONS
  • Span width: 45 FT
  • Lift Style: ELECTRIC
  • Manufacturer Name: ACE World Companies
  • Machinery Weight: 5000 LBS
  • Located in: Skull Valley, UT, USA

We buy ACE World Companies 45 FT 10 TONS in bulk. Click here to get a free valuation.

GEA Niro Aeromatic SIROCCO Dfi300-F1/2 Satin 02548.0010, 183052, KA03020863 STAINLESS STEEL 230 liters 220 VOLTS 60 HERTZ | Fluid Bed Dryers

  • Machinery Weight: 13999.21 lb
  • Machinery Dimensions: 624.02 x 118.11 x 137.80 in
  • Capacity Details: 230 liters
  • Batch or Continuous: CONTINUOUS
  • Model: SIROCCO Dfi300-F1/2 Satin
  • Capacity Size: 2500 CU M/HR
  • Serial Number: 02548.0010, 183052, KA03020863
  • Manufacturer Name: GEA Niro Aeromatic
  • Number of Product Containers: 1
  • Year: 2003
  • Material of Construction: STAINLESS STEEL
  • Voltage: 220 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Mexico

We buy GEA Niro Aeromatic SIROCCO Dfi300-F1/2 Satin 02548.0010, 183052, KA03020863 STAINLESS STEEL 230 liters 220 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

SunChrom GmbH 881.202 15342 115/230 VOLTS 50/60 HERTZ | Miscellaneous

  • Serial Number: 15342
  • Model: 881.202
  • Manufacturer Name: SunChrom GmbH
  • Machinery Dimensions: 15.75 x 11.81 x 11.81 in
  • Machinery Weight: 44.09 lb
  • Voltage: 115/230 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Basel, Basel, Switzerland

We buy SunChrom GmbH 881.202 15342 115/230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Connectors Verbindungstechnik AG 120 Liter A-A10781-04 STAINLESS STEEL 15.75 in 29.92 in | Mixing Vessels

  • Serial Number: A-A10781-04
  • 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: 2007
  • Agitation: NO
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: Switzerland

We buy Connectors Verbindungstechnik AG 120 Liter A-A10781-04 STAINLESS STEEL 15.75 in 29.92 in in bulk. Click here to get a free valuation.

Mettler Toledo AB54 1117120445 100 G 115 VOLTS 50/60 HERTZ | Miscellaneous

  • Serial Number: 1117120445
  • Model: AB54
  • Machinery Dimensions: 14 x 10 x 10 IN
  • Capacity Size: 100 G
  • Manufacturer Name: Mettler Toledo
  • Voltage: 115 VOLTS
  • Machinery Weight: 20 LBS
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Forest, VA, USA

We buy Mettler Toledo AB54 1117120445 100 G 115 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Cesium OW-360 380 VOLTS 50 HERTZ | Overwrappers

  • Machinery Weight: 1212.53 lb
  • Machinery Dimensions: 81.10 x 36.61 x 66.93 in
  • Model: OW-360
  • Manufacturer Name: Cesium
  • Year: 2020
  • Voltage: 380 VOLTS
  • Frequency: 50 HERTZ
  • Phase: 3
  • Located in: East Asia/Pacific

We buy Cesium OW-360 380 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Aczet Pvt.Ltd. CY 64 | Balances

  • Model: CY 64
  • Manufacturer Name: Aczet Pvt.Ltd.
  • Located in: North America

We buy Aczet Pvt.Ltd. CY 64 in bulk. Click here to get a free valuation.

Applied Materials Inc 0010-25624 21110-6 35-50 LBS 145 PSI | Actuators

  • Serial Number: 21110-6
  • Machinery Dimensions: 10 x 7 x 20 IN
  • Capacity Speed: 145 PSI
  • Capacity Size: 35-50 LBS
  • Type of Actuator: PNEUMATIC
  • Model: 0010-25624
  • Machinery Weight: 30 LBS
  • Manufacturer Name: Applied Materials Inc
  • Recommended Packaging Form: 19C (22X15X13)
  • Located in: CA, USA

We buy Applied Materials Inc 0010-25624 21110-6 35-50 LBS 145 PSI in bulk. Click here to get a free valuation.

Leica IP C 16551/11.2009 100/240 VOLTS 50/60 HERTZ | Printers

  • Machinery Dimensions: 32 x 24 x 28 IN
  • Model: IP C
  • Serial Number: 16551/11.2009
  • Manufacturer Name: Leica
  • Machinery Weight: 150 LBS
  • Voltage: 100/240 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: NJ, USA

We buy Leica IP C 16551/11.2009 100/240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

CSAT DTS1200 DPI C-08108 | Printers

  • Machinery Dimensions: 55.12 x 55.12 x 86.61 in
  • Model: DTS1200 DPI
  • Serial Number: C-08108
  • Manufacturer Name: CSAT
  • Machinery Weight: 1102.30 lb
  • Year: 2007
  • CE Marked: YES
  • Located in: Poland

We buy CSAT DTS1200 DPI C-08108 in bulk. Click here to get a free valuation.

Tecan Ultra Evolution | Microplate Readers

  • Model: Ultra Evolution
  • Manufacturer Name: Tecan
  • Located in: North America

We buy Tecan Ultra Evolution in bulk. Click here to get a free valuation.

International TOP ONLY BOTTOM BELT | Glue Machines

  • Machinery Weight: 1400 Pounds
  • Machinery Dimensions: 100 x 48 x 72 IN
  • Carton Speed: FIXED
  • Method of Carton Transfer: BOTTOM BELT
  • Orientation of Sealing: TOP ONLY
  • Manufacturer Name: International
  • Located in: North America

We buy International TOP ONLY BOTTOM BELT in bulk. Click here to get a free valuation.

VideoJet XL 170i UHS AF 030970012WD 50/60 HERTZ | Printers

  • Serial Number: 030970012WD
  • Model: XL 170i UHS AF
  • 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 030970012WD 50/60 HERTZ in bulk. Click here to get a free valuation.

Heraeus Biofuge 13 | Laboratory Centrifuges

  • Model: Biofuge 13
  • Manufacturer Name: Heraeus
  • Located in: North America

We buy Heraeus Biofuge 13 in bulk. Click here to get a free valuation.

Applied Materials Inc 0010-25624 29111-3 35-50 LBS 145 PSI | Actuators

  • Serial Number: 29111-3
  • Machinery Dimensions: 10 x 7 x 20 IN
  • Capacity Speed: 145 PSI
  • Capacity Size: 35-50 LBS
  • Type of Actuator: PNEUMATIC
  • Model: 0010-25624
  • Machinery Weight: 30 LBS
  • Manufacturer Name: Applied Materials Inc
  • Recommended Packaging Form: 19C (22X15X13)
  • Located in: CA, USA

We buy Applied Materials Inc 0010-25624 29111-3 35-50 LBS 145 PSI in bulk. Click here to get a free valuation.

Sollas Bandum 25 unknown BAR 230 VOLTS 50 HERTZ 6 AMPS | Bundle Tyers

  • Machinery Dimensions: 62.99 x 39.37 x 70.87 in
  • Capacity Details: Max output Strokes/min 20
  • Products Run: packages
  • Product Sizing: Product size range min. mm 50 x 40 x 5 Product size max width x height mm 330 x 160
  • Capacity Speed: Max output Strokes/min 20 CPM
  • Capacity Size: Max output Strokes/min 20 SQ FT
  • Model: Bandum 25
  • Manufacturer Name: Sollas
  • Air Requirements: unknown BAR
  • Machinery Weight: 1322.76 lb
  • Year: 2002
  • Current: 6 AMPS
  • Voltage: 230 VOLTS
  • Frequency: 50 HERTZ
  • Recommended Packaging Form: CUSTOM
  • Phase: 1
  • Located in: Europe

We buy Sollas Bandum 25 unknown BAR 230 VOLTS 50 HERTZ 6 AMPS in bulk. Click here to get a free valuation.

Thermo Finnigan LCQ Deca XP Plus | Mass Spectrometers

  • Model: LCQ Deca XP Plus
  • Manufacturer Name: Thermo Finnigan
  • Located in: North America

We buy Thermo Finnigan LCQ Deca XP Plus in bulk. Click here to get a free valuation.

Anritsu Corporation MT8820C 6200910069 100-120/200-240 VOLTS 50/60 HERTZ 750 VA | Miscellaneous

  • Serial Number: 6200910069
  • Machinery Weight: 43 LBS
  • Current: 750 VA
  • Machinery Dimensions: 23 x 18 x 10 IN
  • Model: MT8820C
  • Manufacturer Name: Anritsu Corporation
  • 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 6200910069 100-120/200-240 VOLTS 50/60 HERTZ 750 VA in bulk. Click here to get a free valuation.

Kaeser CSD 122 1049 75 KW 2978 RPM 11 BAR | Air Compressors

  • Machinery Dimensions: 40 x 66 x 60 IN
  • Pressure Rating (Pressure): 11 BAR
  • Model: CSD 122
  • Serial Number: 1049
  • Manufacturer Name: Kaeser
  • Capacity Size: 75 KW
  • Capacity Speed: 2978 RPM
  • Machinery Weight: 4000 LBS
  • Year: 2009
  • CE Marked: YES
  • Located in: Medan, Indonesia

We buy Kaeser CSD 122 1049 75 KW 2978 RPM 11 BAR in bulk. Click here to get a free valuation.

Accurate 9-866-94 1 IN 1 IN | Screw Feeder

  • Machinery Weight: 1 Pounds
  • Machinery Dimensions: 1 x 1 x 1 IN
  • Products Run: 1
  • Screw Length: 1 IN
  • Screw Diameter: 1 IN
  • Serial Number: 9-866-94
  • Manufacturer Name: Accurate
  • CE Marked: NO
  • Recommended Packaging Form: PALLET
  • Located in: PQ, Canada

We buy Accurate 9-866-94 1 IN 1 IN in bulk. Click here to get a free valuation.

Aczet Pvt.Ltd. OPTIONAL ACCESORIES | Balances

  • Model: OPTIONAL ACCESORIES
  • Manufacturer Name: Aczet Pvt.Ltd.
  • Located in: North America

We buy Aczet Pvt.Ltd. OPTIONAL ACCESORIES in bulk. Click here to get a free valuation.

Riken Keiki RM-570 | Detectors

  • Machinery Dimensions: 24 x 17 x 10 IN
  • Model: RM-570
  • Manufacturer Name: Riken Keiki
  • Machinery Weight: 50 LBS
  • Recommended Packaging Form: 20C (28X20X20)
  • Year: 1995
  • Located in: East Asia/Pacific

We buy Riken Keiki RM-570 in bulk. Click here to get a free valuation.

Starfrost 85-26-35 C-361 380 VOLTS 50 HERTZ 46 KW | Freezers

  • Type of Freezer: SPIRAL
  • Current: 46 KW
  • Temperature Range: 60-1 DEG C
  • Model: 85-26-35
  • Serial Number: C-361
  • Manufacturer Name: Starfrost
  • Machinery Dimensions: 0.00 x 0.00 x 0.00 in
  • Machinery Weight: 0.00 lb
  • Voltage: 380 VOLTS
  • Year: 2005
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 3
  • Located in: Spain

We buy Starfrost 85-26-35 C-361 380 VOLTS 50 HERTZ 46 KW in bulk. Click here to get a free valuation.

L.P. Packaging SRL C20 1133-09 6 BAR 400 VOLTS 50 HERTZ | Case Packers

  • Machinery Dimensions: 141.73 x 64.96 x 80.71 in
  • Model: C20
  • Serial Number: 1133-09
  • Manufacturer Name: L.P. Packaging SRL
  • Machinery Weight: 2067.92 lb
  • Voltage: 400 VOLTS
  • Air Requirements: 6 BAR
  • Year: 2009
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 3
  • Located in: Italy

We buy L.P. Packaging SRL C20 1133-09 6 BAR 400 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Toyota 7FB25 Side Shift 37781 5511.50 lb Sit Down | Fork Lift Trucks

  • Machinery Weight: 8884.54 lb
  • Machinery Dimensions: 151.57 x 45.28 x 84.65 in
  • Battery Charger: No
  • Model: 7FB25 Side Shift
  • Serial Number: 37781
  • Manufacturer Name: Toyota
  • Fork Size: 1000 long x 120 wide in
  • Mast Stages: TRIPLE
  • Stand Up/Sit Down: Sit Down
  • Lifting Device: FORK
  • Fuel: ELECTRIC
  • Year: 2004
  • Capacity Size: 5511.50 lb
  • Located in: East Sussex, United Kingdom

We buy Toyota 7FB25 Side Shift 37781 5511.50 lb Sit Down in bulk. Click here to get a free valuation.

Brooks Automation Inc MultiTran 5 1136444 | Wafer Handling

  • Machinery Dimensions: 21 x 21 x 12 IN
  • Model: MultiTran 5
  • Serial Number: 1136444
  • Manufacturer Name: Brooks Automation Inc
  • Machinery Weight: 40 LBS
  • Recommended Packaging Form: PALLET
  • Located in: MA, USA

We buy Brooks Automation Inc MultiTran 5 1136444 in bulk. Click here to get a free valuation.