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

Surplus Machinery

Posimat N 30 OC 9856 400 VOLTS 50 HERTZ | Automatic Unscramblers

  • Machinery Dimensions: 299.21 x 149.61 x 110.24 in
  • Serial Number: OC 9856
  • Model: N 30
  • Manufacturer Name: Posimat
  • Machinery Weight: 15432.20 lb
  • Phase: 3+1
  • Year: 1999
  • Voltage: 400 VOLTS
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Located in: United Kingdom

We buy Posimat N 30 OC 9856 400 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Quadro Engineering Inc. STAINLESS STEEL ROTATING CHOPPING | Pulverizers

  • Machinery Dimensions: 4 x 2 x 2 IN
  • Type of Feed: GRAVITY
  • Manufacturer Name: Quadro Engineering Inc.
  • Type of Blade: ROTATING CHOPPING
  • Machinery Weight: 500 LBS
  • Material of Construction: STAINLESS STEEL
  • Located in: North America

We buy Quadro Engineering Inc. STAINLESS STEEL ROTATING CHOPPING in bulk. Click here to get a free valuation.

Waters 2410 L98410290M REFRACTIVE INDEX NO PUMP 100/240 VOLTS 50/60 HERTZ 2 AMPS | HPLC

  • Type of Detector for HPLC: REFRACTIVE INDEX
  • Model: 2410
  • Serial Number: L98410290M
  • Machinery Dimensions: 11.81 x 19.69 x 7.87 in
  • Manufacturer Name: Waters
  • Current: 2 AMPS
  • Machinery Weight: 22.05 lb
  • Type of Pump for HPLC: NO PUMP
  • Voltage: 100/240 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Antwerpen, Belgium

We buy Waters 2410 L98410290M REFRACTIVE INDEX NO PUMP 100/240 VOLTS 50/60 HERTZ 2 AMPS in bulk. Click here to get a free valuation.

Rohde and Schwarz CMWC 100192,100122 100-240 VOLTS 50/60 HERTZ 2.2 AMPS | Miscellaneous

  • Serial Number: 100192,100122
  • Model: CMWC
  • Manufacturer Name: Rohde and Schwarz
  • Current: 2.2 AMPS
  • Machinery Dimensions: 42 x 19 x 6 IN
  • Machinery Weight: 32 LBS
  • Recommended Packaging Form: 24C (28X24X22)
  • Voltage: 100-240 VOLTS
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: San Jose, CA, USA

We buy Rohde and Schwarz CMWC 100192,100122 100-240 VOLTS 50/60 HERTZ 2.2 AMPS in bulk. Click here to get a free valuation.

Diosna RS32 N CS 8.46 gal 400 VOLTS 50 HERTZ 1.5 KW | Blenders

  • Current: 1.5 KW
  • Model: RS32 N CS
  • Capacity Size: 8.46 gal
  • Manufacturer Name: Diosna
  • Type of Blender: ROTARY
  • Machinery Dimensions: 39.37 x 39.37 x 70.87 in
  • Machinery Weight: 440.92 lb
  • Voltage: 400 VOLTS
  • Frequency: 50 HERTZ
  • Year: 2012
  • Phase: 3
  • Located in: Europe

We buy Diosna RS32 N CS 8.46 gal 400 VOLTS 50 HERTZ 1.5 KW in bulk. Click here to get a free valuation.

Aspo CR8 2375 220 VOLTS 60 HERTZ | Vacuums

  • Machinery Weight: 297.62 lb
  • Machinery Dimensions: 35.43 x 27.56 x 74.80 in
  • Capacity Speed: 540 CU M/HR
  • Model: CR8
  • Serial Number: 2375
  • Manufacturer Name: Aspo
  • Year: 2007
  • Voltage: 220 VOLTS
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: BA, Brazil

We buy Aspo CR8 2375 220 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Best Pack 3ALR-2 113140 220 VOLTS 50 HERTZ | Tapers

  • Serial Number: 113140
  • Machinery Dimensions: 80 x 35 x 64 IN
  • Model: 3ALR-2
  • Manufacturer Name: Best Pack
  • Machinery Weight: 661.38 lb
  • Year: 2011
  • Frequency: 50 HERTZ
  • Voltage: 220 VOLTS
  • Phase: 1
  • Located in: Medan, Indonesia

We buy Best Pack 3ALR-2 113140 220 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Gram Equipment A/S 0 460 L/HR STAINLESS STEEL 1.5 IN 1.5 IN 230-460 VOLTS 60 HERTZ | Gear Pumps

  • Current: 5.7 - 2.85 AMPS
  • Outlet Size: 1.5 IN
  • Inlet Size: 1.5 IN
  • Capacity Speed: 460 L/HR
  • Manufacturer Name: Gram Equipment A/S
  • Horsepower: 2
  • Model: 0
  • Voltage: 230-460 VOLTS
  • Machinery Dimensions: 0.04 x 0.04 x 0.04 in
  • Material of Construction: STAINLESS STEEL
  • Machinery Weight: 110.23 lb
  • Year: 2015
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Ecuador

We buy Gram Equipment A/S 0 460 L/HR STAINLESS STEEL 1.5 IN 1.5 IN 230-460 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Perkin Elmer 970A | HPLC

  • Model: 970A
  • Manufacturer Name: Perkin Elmer
  • Located in: North America

We buy Perkin Elmer 970A in bulk. Click here to get a free valuation.

Applied Materials Inc 0010-25624 06610-5 35-50 LBS 145 PSI | Actuators

  • Serial Number: 06610-5
  • 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 06610-5 35-50 LBS 145 PSI in bulk. Click here to get a free valuation.

CAM hv/1 | Horizontal Cartoners

  • Machinery Dimensions: 295.28 x 78.74 x 78.74 in
  • Model: HV/1
  • Manufacturer Name: CAM
  • Machinery Weight: 6613.80 lb
  • Year: 2004
  • CE Marked: YES
  • Located in: Europe

We buy CAM hv/1 in bulk. Click here to get a free valuation.

Mettler Toledo PUA669 B502454531 3306.90 lb 120 VOLTS 60 HERTZ | Miscellaneous

  • Machinery Dimensions: 72 x 50 x 12 IN
  • Model: PUA669
  • Serial Number: B502454531
  • Pit Type: NO
  • Manufacturer Name: Mettler Toledo
  • Capacity Size: 3306.90 lb
  • Machinery Weight: 700 LBS
  • CE Marked: YES
  • Phase: 1
  • Voltage: 120 VOLTS
  • Frequency: 60 HERTZ
  • Located in: Forest, VA, USA

We buy Mettler Toledo PUA669 B502454531 3306.90 lb 120 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Buchi R-215 1000142267 100/240 VOLTS 50/60 HERTZ | Evaporators

  • Machinery Dimensions: 17.72 x 23.62 x 39.37 in
  • Model: R-215
  • Serial Number: 1000142267
  • Manufacturer Name: Buchi
  • Machinery Weight: 88.18 lb
  • Voltage: 100/240 VOLTS
  • Year: 2013
  • Frequency: 50/60 HERTZ
  • Located in: Basel, Switzerland

We buy Buchi R-215 1000142267 100/240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Corenco M8E 200 VOLTS 230 AMPS | Disintegrators

  • Machinery Weight: 220 LBS
  • Machinery Dimensions: 40 x 24 x 56 IN
  • Current: 230 AMPS
  • Model: M8E
  • Manufacturer Name: Corenco
  • Voltage: 200 VOLTS
  • Year: 2018
  • Phase: 3+1
  • Recommended Packaging Form: PALLET
  • Located in: North America

We buy Corenco M8E 200 VOLTS 230 AMPS in bulk. Click here to get a free valuation.

Agilent Technologies 1200 Series DE62965974; DE7136236;DE63069445;DE60555163;DE64767846;JP73064571 VARIABLE WAVELENGTH 220/240 VOLTS 50/60 HERTZ | HPLC

  • Machinery Dimensions: 19.69 x 17.72 x 37.40 in
  • Voltage: 220/240 VOLTS
  • Type of Pump for HPLC: QUATERNARY
  • Model: 1200 Series
  • Serial Number: DE62965974; DE7136236;DE63069445;DE60555163;DE64767846;JP73064571
  • Type of Detector for HPLC: VARIABLE WAVELENGTH
  • Manufacturer Name: Agilent Technologies
  • Year: 2010
  • Machinery Weight: 198.41 lb
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Located in: Basel, Switzerland

We buy Agilent Technologies 1200 Series DE62965974; DE7136236;DE63069445;DE60555163;DE64767846;JP73064571 VARIABLE WAVELENGTH 220/240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

RAMSEY ICORE FDAM | Check Weighers

  • Machinery Dimensions: 1100 x 720 x 1700 IN
  • Model: FDAM
  • Manufacturer Name: RAMSEY ICORE
  • Year: 1997
  • Machinery Weight: 200 LBS
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy RAMSEY ICORE FDAM in bulk. Click here to get a free valuation.

Reco SA-105 2 | Plumbing Parts

  • Machinery Dimensions: 1 x 2 x 1 IN
  • Model: SA-105 2
  • Manufacturer Name: Reco
  • Machinery Weight: 15 LBS
  • Located in: North America

We buy Reco SA-105 2 in bulk. Click here to get a free valuation.

Waters Acquity / Acquity | HPLC

  • Model: Acquity / Acquity
  • Manufacturer Name: Waters
  • Located in: North America

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

Walker Barrier Systems AMP2000 36987-1 | Isolators

  • Serial Number: 36987-1
  • Model: AMP2000
  • Manufacturer Name: Walker Barrier Systems
  • Machinery Weight: 0 LBS
  • Machinery Dimensions: 0 x 0 x 0 IN
  • Year: 2013
  • Recommended Packaging Form: PALLET
  • Located in: NC, USA

We buy Walker Barrier Systems AMP2000 36987-1 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.

SPX Flow X1P33 HIGH INTENSITY 230-460 VOLTS 60 HERTZ | Miscellaneous

  • Machinery Dimensions: 33 x 16 x 18 IN
  • Model: X1P33
  • Manufacturer Name: SPX Flow
  • Type of mixer: HIGH INTENSITY
  • Voltage: 230-460 VOLTS
  • Machinery Weight: 160 LBS
  • Year: 2015
  • CE Marked: YES
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Forest, VA, USA

We buy SPX Flow X1P33 HIGH INTENSITY 230-460 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

IMA Track & Trace Unit PRESSURE SENSITIVE 440 VOLTS 50 HERTZ 10 KW | Labelers

  • Machinery Dimensions: 47.24 x 59.06 x 78.74 in
  • Current: 10 KW
  • Model: Track & Trace Unit
  • Number of Labeling Heads: 2
  • Imprinter or Coder: Coder
  • Manufacturer Name: IMA
  • Machinery Weight: 2865.98 lb
  • Voltage: 440 VOLTS
  • Application Type: WIPE/MERGE
  • Type of Label: PRESSURE SENSITIVE
  • Type of Labeler: INLINE
  • Recommended Packaging Form: CRATE
  • Year: 2015
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Located in: Sao Paulo, Brazil

We buy IMA Track & Trace Unit PRESSURE SENSITIVE 440 VOLTS 50 HERTZ 10 KW in bulk. Click here to get a free valuation.

Agilent Technologies G2614A CN90452611 NO DETECTOR NO DETECTOR | Gas Chromatographs (GC)

  • Machinery Weight: 33.07 lb
  • Machinery Dimensions: 17.72 x 12.99 x 8.66 in
  • Frequency: HERTZ
  • Voltage: VOLTS
  • Model: G2614A
  • Serial Number: CN90452611
  • Head Space Autosampler: YES
  • Second Detector for GC: NO DETECTOR
  • Type of Detector for GC: NO DETECTOR
  • Manufacturer Name: Agilent Technologies
  • Year: 2006
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Located in: Mexico

We buy Agilent Technologies G2614A CN90452611 NO DETECTOR NO DETECTOR in bulk. Click here to get a free valuation.

Waters 2690 A00SM4 757M PHOTODIODE ARRAY NO PUMP 100/240 VOLTS 50/60 HERTZ | HPLC

  • Machinery Dimensions: 31.50 x 17.72 x 23.62 in
  • Serial Number: A00SM4 757M
  • Model: 2690
  • Type of Detector for HPLC: PHOTODIODE ARRAY
  • Manufacturer Name: Waters
  • Type of Pump for HPLC: NO PUMP
  • Voltage: 100/240 VOLTS
  • Machinery Weight: 132.28 lb
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Antwerpen, Belgium

We buy Waters 2690 A00SM4 757M PHOTODIODE ARRAY NO PUMP 100/240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Casburt UNKNOWN ELECTRICALLY HEATED 50 HERTZ | Drying Ovens

  • Machinery Dimensions: 78.74 x 59.06 x 98.43 in
  • Number of Shelves: 10
  • Temperature Range: 50 to 200 DEG C
  • Manufacturer Name: Casburt
  • Heating or Cooling Source: ELECTRICALLY HEATED
  • Machinery Weight: 440.92 lb
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: Europe

We buy Casburt UNKNOWN ELECTRICALLY HEATED 50 HERTZ in bulk. Click here to get a free valuation.

Acidenc DOUBLE CONE 154.32 lb 220 VOLTS 60 HERTZ | Blenders

  • Machinery Dimensions: 55.91 x 31.50 x 51.18 in
  • Capacity Size: 154.32 lb
  • Type of Blender: DOUBLE CONE
  • Manufacturer Name: Acidenc
  • Year: 2014
  • Machinery Weight: 1102.30 lb
  • Voltage: 220 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Jacketed: NO
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Ecuador

We buy Acidenc DOUBLE CONE 154.32 lb 220 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Label Aire Inc. 2111M | Labelers

  • Model: 2111M
  • Manufacturer Name: Label Aire Inc.
  • Application Type: BLOW
  • Machinery Weight: 0 LBS
  • Machinery Dimensions: 0 x 0 x 0 IN
  • Number of Labeling Heads: 1
  • Type of Labeler: INLINE
  • Located in: North America

We buy Label Aire Inc. 2111M in bulk. Click here to get a free valuation.

Agilent Technologies L4437A MY46100198 | Miscellaneous

  • Serial Number: MY46100198
  • Machinery Dimensions: 19 x 9 x 2 IN
  • Model: L4437A
  • Machinery Weight: 11 LBS
  • Recommended Packaging Form: 19C (22X15X13)
  • Manufacturer Name: Agilent Technologies
  • CE Marked: YES
  • Located in: San Jose, CA, USA

We buy Agilent Technologies L4437A MY46100198 in bulk. Click here to get a free valuation.

Alcan Tech-Canon MAS-801HR | Asher

  • Machinery Weight: 1200 LBS
  • Machinery Dimensions: 72 x 60 x 72 IN
  • Model: MAS-801HR
  • Year: 1992
  • Manufacturer Name: Alcan Tech-Canon
  • Recommended Packaging Form: CUSTOM
  • Located in: East Asia/Pacific

We buy Alcan Tech-Canon MAS-801HR in bulk. Click here to get a free valuation.

Alonso and Carus CUSTOM 8000 GALS CARBON STEEL PAD MOUNTED 91 IN 90 IN 103 IN 276 IN | Tanks

  • Machinery Dimensions: 276 x 91 x 91 IN
  • Model: CUSTOM
  • Straight Side: 276 IN
  • Overall Height: 103 IN
  • Inside Diameter: 90 IN
  • Outside Diameter: 91 IN
  • Capacity of Tank: 8000 GALS
  • Installation Type: PAD MOUNTED
  • Tank Material of Construction: CARBON STEEL
  • Manufacturer Name: Alonso and Carus
  • Vertical or Horizontal: HORIZONTAL
  • Type of Bottom Head: FLAT
  • Type of Top Head: FLAT
  • Machinery Weight: 2500 LBS
  • Recommended Packaging Form: CUSTOM
  • Agitation: NO
  • Jacketed: NO
  • Located in: PR, USA

We buy Alonso and Carus CUSTOM 8000 GALS CARBON STEEL PAD MOUNTED 91 IN 90 IN 103 IN 276 IN in bulk. Click here to get a free valuation.

Auxtrat Industria e Comercio de Equipmentos Industriais Ltda 300 L/HR | Ultraviolet Crosslinkers

  • Machinery Dimensions: 36.93 x 14.09 x 2.83 in
  • Capacity Speed: 300 L/HR
  • Manufacturer Name: Auxtrat Industria e Comercio de Equipmentos Industriais Ltda
  • Machinery Weight: 4.41 lb
  • Located in: Brazil

We buy Auxtrat Industria e Comercio de Equipmentos Industriais Ltda 300 L/HR in bulk. Click here to get a free valuation.

Black and Decker 60 HERTZ POWER TOOL | Hand Held Tools/ Power Tools

  • Machinery Dimensions: 11 x 9 x 3 IN
  • Manufacturer Name: Black and Decker
  • Type of Tool: POWER TOOL
  • Machinery Weight: 15 LBS
  • Recommended Packaging Form: 12C (12X12X12)
  • Frequency: 60 HERTZ
  • Located in: MA, USA

We buy Black and Decker 60 HERTZ POWER TOOL in bulk. Click here to get a free valuation.

Cermex bp150 | Case Packers

  • Machinery Dimensions: 55.12 x 129.92 x 86.61 in
  • Model: bp150
  • Manufacturer Name: Cermex
  • Year: 1994
  • Machinery Weight: 1102.30 lb
  • Located in: Europe

We buy Cermex bp150 in bulk. Click here to get a free valuation.

Leapion LF-PE CARBON STEEL 15000 KW 120 METERS/MIN 220 VOLTS 50 HERTZ 15000 KW | Cutters

  • Machinery Dimensions: 32.81 x 9.84 x 6.56 ft
  • Current: 15000 KW
  • Capacity Speed: 120 METERS/MIN
  • Type of Blade: NONE
  • Capacity: 15000 KW
  • Model: LF-PE
  • Manufacturer Name: Leapion
  • Year: 2020
  • Machinery Weight: 18739.10 lb
  • Continuous Cutting: YES
  • Frequency: 50 HERTZ
  • Voltage: 220 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Material of Construction: CARBON STEEL
  • Phase: 3
  • Located in: East Asia/Pacific

We buy Leapion LF-PE CARBON STEEL 15000 KW 120 METERS/MIN 220 VOLTS 50 HERTZ 15000 KW in bulk. Click here to get a free valuation.

Olympus SZ40 | Miscellaneous

  • Machinery Dimensions: 31.50 x 19.69 x 27.56 in
  • Model: SZ40
  • Manufacturer Name: Olympus
  • Type of Microscope: STEREO
  • Machinery Weight: 88.18 lb
  • Recommended Packaging Form: CUSTOM
  • Located in: Bridgend , Wales, United Kingdom

We buy Olympus SZ40 in bulk. Click here to get a free valuation.

Chemithon | Electrical Enclosures

  • Manufacturer Name: Chemithon
  • Machinery Weight: 1 LBS
  • Machinery Dimensions: 1 x 1 x 1 IN
  • Recommended Packaging Form: CUSTOM
  • Located in: Honduras

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

C.MATIC V shape | Blenders

  • Machinery Dimensions: 39.37 x 31.50 x 66.93 in
  • Type of Blender: V-BLENDER
  • Model: V shape
  • Manufacturer Name: C.MATIC
  • Machinery Weight: 330.69 lb
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy C.MATIC V shape in bulk. Click here to get a free valuation.

Thermo Finnigan LCQ Advantage | Mass Spectrometers

  • Model: LCQ Advantage
  • Manufacturer Name: Thermo Finnigan
  • Located in: North America

We buy Thermo Finnigan LCQ Advantage in bulk. Click here to get a free valuation.

Domino BCP4 DPX1000 230 VOLTS 50/60 HERTZ 1200 WATTS | Laser Mark

  • Machinery Dimensions: 39.37 x 23.62 x 43.31 in
  • Current: 1200 WATTS
  • Process Capability: Production rate Codes/min 200-500
  • Model: BCP4 DPX1000
  • Manufacturer Name: Domino
  • Machinery Weight: 330.69 lb
  • Voltage: 230 VOLTS
  • Year: 2005
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: Europe

We buy Domino BCP4 DPX1000 230 VOLTS 50/60 HERTZ 1200 WATTS in bulk. Click here to get a free valuation.

SORA MACHINE SM-RT-220 18 KW UNKNOWN HERTZ 200-220 CPM | Aerosol Filling Lines

  • Capacity Speed: 200-220 CPM
  • Model: SM-RT-220
  • Frequency: UNKNOWN HERTZ
  • Capacity Size: 18 KW
  • Manufacturer Name: SORA MACHINE
  • Machinery Dimensions: 0.04 x 0.04 x 0.04 in
  • Year: 2009
  • Machinery Weight: 2.20 lb
  • CE Marked: YES
  • Phase: 3
  • Located in: Turkey

We buy SORA MACHINE SM-RT-220 18 KW UNKNOWN HERTZ 200-220 CPM in bulk. Click here to get a free valuation.