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

Surplus Machinery

Hamilton Company Microlab Star LET 3355. 230 VOLTS 50/60 HERTZ | Miscellaneous

  • Machinery Dimensions: 3.94 x 9.19 x 4.92 ft
  • Model: Microlab Star LET
  • Serial Number: 3355.
  • Manufacturer Name: Hamilton Company
  • Number of Arms: 1
  • Machinery Weight: 881.84 lb
  • Year: 2010
  • Voltage: 230 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Bridgend , Wales, United Kingdom

We buy Hamilton Company Microlab Star LET 3355. 230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Becton Dickinson Kiestra Crated 240 VOLTS 50/60 HERTZ | Analytical Equipment

  • Machinery Weight: 2800 Pounds
  • Machinery Dimensions: 14 x 8 x 9 FT
  • Model: Kiestra
  • Serial Number: Crated
  • Manufacturer Name: Becton Dickinson
  • Voltage: 240 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Located in: MA, USA

We buy Becton Dickinson Kiestra Crated 240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Agilent Technologies G1811A US81700413 120 VOLTS 50/60 HERTZ | Liquid Handlers

  • Machinery Weight: 47 LBS
  • Machinery Dimensions: 30 x 30 x 24 IN
  • Type of Arm: LIQUID HANDLING ARM
  • Model: G1811A
  • Serial Number: US81700413
  • Manufacturer Name: Agilent Technologies
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Voltage: 120 VOLTS
  • Located in: MA, USA

We buy Agilent Technologies G1811A US81700413 120 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Mercedes Benz ATEGO-1523 WD3YLC963DL724721 | Truck and Rail Car Unloading Stations

  • Machinery Dimensions: 275.59 x 118.11 x 118.11 in
  • Model: ATEGO-1523
  • Serial Number: WD3YLC963DL724721
  • Manufacturer Name: Mercedes Benz
  • Machinery Weight: 22046.00 lb
  • Year: 2013
  • Located in: Distrito Nacional, Dominican Republic

We buy Mercedes Benz ATEGO-1523 WD3YLC963DL724721 in bulk. Click here to get a free valuation.

Best Pack 3ALR-2 113134 220 VOLTS 50 HERTZ | Tapers

  • Serial Number: 113134
  • 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 113134 220 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Spirent Communications SR8048 NTC350F4 100-240 VOLTS 50/60 HERTZ 55 WATTS | Miscellaneous

  • Machinery Dimensions: 23 x 19 x 6 IN
  • Model: SR8048
  • Serial Number: NTC350F4
  • Manufacturer Name: Spirent Communications
  • Machinery Weight: 38 Pounds
  • Current: 55 WATTS
  • Recommended Packaging Form: 24C (28X24X22)
  • Voltage: 100-240 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: San Jose, CA, USA

We buy Spirent Communications SR8048 NTC350F4 100-240 VOLTS 50/60 HERTZ 55 WATTS 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.

KMT Waterjet System Streamline SLV-150R 9.1 GPM 480 VOLTS 60 HERTZ | Misc. Machine Tools / Shop Equipment

  • Machinery Dimensions: 95 x 70 x 76 IN
  • Capacity Speed: 9.1 GPM
  • Model: Streamline SLV-150R
  • Manufacturer Name: KMT Waterjet System
  • Machinery Weight: 8800 LBS
  • Year: 2009
  • Recommended Packaging Form: CUSTOM
  • Voltage: 480 VOLTS
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: North America

We buy KMT Waterjet System Streamline SLV-150R 9.1 GPM 480 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Pfaudler BE2500 85886 GLASS LINED 917.51 gal 62.99 in 55.12 in 400 VOLTS 50 HERTZ | Reactors

  • Machinery Weight: 9041.06 lb
  • Machinery Dimensions: 86.65 x 74.80 x 208.66 in
  • Model: BE2500
  • Capacity of Reactor: 917.51 gal
  • Serial Number: 85886
  • Internal Temperature Rating: -25 to 200 DEG C
  • Manufacturer Name: Pfaudler
  • Straight Side: 62.99 in
  • Jacket Temperature Rating: -25 to 200 DEG C
  • Jacket Pressure Rating: -1 to 12 BAR
  • Internal Pressure Rating: -1 to 6 BAR
  • Inside Diameter: 55.12 in
  • Reactor Material of Construction: GLASS LINED
  • Agitator Location: TOP
  • Agitation: YES
  • Voltage: 400 VOLTS
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Year: 1998
  • Phase: 3
  • Located in: Antwerp, Belgium

We buy Pfaudler BE2500 85886 GLASS LINED 917.51 gal 62.99 in 55.12 in 400 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Sifo Technology Co FTP-1-L162/W115 FTF-13-007 100-240 VOLTS 50 HERTZ 5 AMPS | Miscellaneous

  • Machinery Weight: 84 Pounds
  • Machinery Dimensions: 25 x 18 x 22 IN
  • Model: FTP-1-L162/W115
  • Serial Number: FTF-13-007
  • Manufacturer Name: Sifo Technology Co
  • Current: 5 AMPS
  • Voltage: 100-240 VOLTS
  • Frequency: 50 HERTZ
  • Phase: 1
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: San Jose, CA, USA

We buy Sifo Technology Co FTP-1-L162/W115 FTF-13-007 100-240 VOLTS 50 HERTZ 5 AMPS in bulk. Click here to get a free valuation.

Accela Cota 150 330.69 lb 10-15 RPM 50 HERTZ | Miscellaneous Processing Equipment

  • Machinery Weight: 1543.22 lb
  • Machinery Dimensions: 61.02 x 50.00 x 75.59 in
  • Recommended Packaging Form: 12C (12X12X12)
  • Capacity Speed: 10-15 RPM
  • Capacity Size: 330.69 lb
  • Model: 150
  • Manufacturer Name: Accela Cota
  • Frequency: 50 HERTZ
  • Phase: 3
  • Located in: Europe

We buy Accela Cota 150 330.69 lb 10-15 RPM 50 HERTZ in bulk. Click here to get a free valuation.

Mimaki UJF6042 100/240 VOLTS 50/60 HERTZ | Printers

  • Machinery Dimensions: 59.45 x 38.03 x 37.80 in
  • Model: UJF6042
  • Manufacturer Name: Mimaki
  • Machinery Weight: 330.69 lb
  • Voltage: 100/240 VOLTS
  • Year: 2013
  • Frequency: 50/60 HERTZ
  • Located in: PRC, Brazil

We buy Mimaki UJF6042 100/240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Dionex UltiMate 3000 8040584;8046644;8047398;8048271;8049140;8047410;8046617;8045308;32147C0365;A04-21002 DIODE ARRAY 100/240 VOLTS 50/60 HERTZ | HPLC

  • Machinery Weight: 1829.82 lb
  • Machinery Dimensions: 205.51 x 35.43 x 36.22 in
  • Serial Number: 8040584;8046644;8047398;8048271;8049140;8047410;8046617;8045308;32147C0365;A04-21002
  • Manufacturer Name: Dionex
  • Model: UltiMate 3000
  • Type of Detector for HPLC: DIODE ARRAY
  • Voltage: 100/240 VOLTS
  • Type of Pump for HPLC: BINARY
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Located in: Germany

We buy Dionex UltiMate 3000 8040584;8046644;8047398;8048271;8049140;8047410;8046617;8045308;32147C0365;A04-21002 DIODE ARRAY 100/240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Hewlett Packard 6890/5972 | Mass Spectrometers

  • Model: 6890/5972
  • Manufacturer Name: Hewlett Packard
  • Located in: North America

We buy Hewlett Packard 6890/5972 in bulk. Click here to get a free valuation.

Rovema HVS-160 | Horizontal Form Fill Seal Machines

  • Machinery Dimensions: 78.74 x 39.37 x 70.87 in
  • Model: HVS-160
  • Manufacturer Name: Rovema
  • Year: 1993
  • Machinery Weight: 2204.60 lb
  • Located in: Russia

We buy Rovema HVS-160 in bulk. Click here to get a free valuation.

Strong Scott TS.14B TZR-277 HIGH SHEAR | Mixers

  • Machinery Dimensions: 6 x 4 x 3 FT
  • Model: TS.14B
  • Serial Number: TZR-277
  • Motor HP: 20
  • Manufacturer Name: Strong Scott
  • Machinery Weight: 750 LBS
  • Type of mixer: HIGH SHEAR
  • Jacketed: NO
  • CE Marked: NO
  • Recommended Packaging Form: PALLET
  • Located in: ON, Canada

We buy Strong Scott TS.14B TZR-277 HIGH SHEAR in bulk. Click here to get a free valuation.

Alfa Laval MOPX 309 TGT-24- 2204.60 lb 1800 L/MIN | De-Sludger Design Centrifuges

  • Capacity Speed: 1800 L/MIN
  • Capacity Size: 2204.60 lb
  • Model: MOPX 309 TGT-24-
  • Manufacturer Name: Alfa Laval
  • Machinery Dimensions: 0.04 x 0.04 x 0.04 in
  • Year: 2005
  • Machinery Weight: 2.20 lb
  • Located in: Latin America

We buy Alfa Laval MOPX 309 TGT-24- 2204.60 lb 1800 L/MIN in bulk. Click here to get a free valuation.

Mettler Toledo XP205 DR/M 1129493371 220 G 0.1 MG | Balances

  • Machinery Dimensions: 13.98 x 7.09 x 7.87 in
  • Degree of Precision: 0.1 MG
  • Capacity Size: 220 G
  • Model: XP205 DR/M
  • Serial Number: 1129493371
  • Manufacturer Name: Mettler Toledo
  • Machinery Weight: 22.05 lb
  • Year: 2009
  • CE Marked: YES
  • Located in: Wehr , Germany

We buy Mettler Toledo XP205 DR/M 1129493371 220 G 0.1 MG in bulk. Click here to get a free valuation.

Eppendorf 5430 5427GG724448 50/60 HERTZ | Laboratory Centrifuges

  • Machinery Weight: 63.93 lb
  • Machinery Dimensions: 13.19 x 16.34 x 9.84 in
  • Serial Number: 5427GG724448
  • Model: 5430
  • Manufacturer Name: Eppendorf
  • Year: 2017
  • Frequency: 50/60 HERTZ
  • Located in: Austria

We buy Eppendorf 5430 5427GG724448 50/60 HERTZ in bulk. Click here to get a free valuation.

Ramsey Electronics Ramsey AC9000 Plus 97416942 115 VOLTS 50/60 HERTZ | Check Weighers

  • Machinery Dimensions: 36 x 50 x 78 IN
  • Model: Ramsey AC9000 Plus
  • Serial Number: 97416942
  • Manufacturer Name: Ramsey Electronics
  • Machinery Weight: 400 LBS
  • Voltage: 115 VOLTS
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: PR, USA

We buy Ramsey Electronics Ramsey AC9000 Plus 97416942 115 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Kemper SP75 | Mixers

  • Model: SP75
  • Manufacturer Name: Kemper
  • Type of mixer: CONVENTIONAL
  • Machinery Dimensions: 0.00 x 0.00 x 0.00 in
  • Machinery Weight: 0.00 lb
  • Located in: Europe

We buy Kemper SP75 in bulk. Click here to get a free valuation.

Lee Industries, Inc. 100U9MS 100 GALS DOUBLE MOTION 30 PSI 230/460 VOLTS 50/60 HERTZ 10 AMPS | Stainless Steel Kettles

  • Machinery Dimensions: 30 x 30 x 72 IN
  • Internal Pressure Rating: 30 PSI
  • Air Requirements: BAR
  • Type of Agitation: DOUBLE MOTION
  • Speed of Agitation: BPH
  • Model: 100U9MS
  • Capacity Size: 100 GALS
  • Manufacturer Name: Lee Industries, Inc.
  • How Many Types of Agitation: DOUBLE
  • Internal Temperature Rating: 250 DEG F
  • Agitation: YES
  • Machinery Weight: 800 LBS
  • Current: 10 AMPS
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • CE Marked: NO
  • Phase: 3
  • Voltage: 230/460 VOLTS
  • Located in: North America

We buy Lee Industries, Inc. 100U9MS 100 GALS DOUBLE MOTION 30 PSI 230/460 VOLTS 50/60 HERTZ 10 AMPS in bulk. Click here to get a free valuation.

Agilent Technologies 6890 US00002350 | Miscellaneous

  • Machinery Weight: 200 LBS
  • Machinery Dimensions: 58 x 20 x 37 IN
  • Serial Number: US00002350
  • Model: 6890
  • Head Space Autosampler: YES
  • Manufacturer Name: Agilent Technologies
  • Located in: Mexico, MO, USA

We buy Agilent Technologies 6890 US00002350 in bulk. Click here to get a free valuation.

Deshard Systems Goliat J24L-12 220 VOLTS 60 HERTZ 13 AMPS | Lapping Machines

  • Machinery Dimensions: 89.37 x 82.68 x 60.24 in
  • Model: Goliat J24L-12
  • Manufacturer Name: Deshard Systems
  • Current: 13 AMPS
  • Type of Control: CNC
  • Machinery Weight: 4409.20 lb
  • Voltage: 220 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Jalisco, Mexico

We buy Deshard Systems Goliat J24L-12 220 VOLTS 60 HERTZ 13 AMPS in bulk. Click here to get a free valuation.

MaSipack VS 400 20121265 4.41 lb 30 BPM Powder Paints 380 VOLTS 50/60 HERTZ | Vertical Form Fill Seal Machines

  • Machinery Weight: 5092.63 lb
  • Machinery Dimensions: 187.01 x 66.93 x 216.54 in
  • Products Run: Powder Paints
  • Capacity Speed: 30 BPM
  • Serial Number: 20121265
  • Model: VS 400
  • Manufacturer Name: MaSipack
  • Capacity Size: 4.41 lb
  • Voltage: 380 VOLTS
  • Year: 2012
  • Frequency: 50/60 HERTZ
  • Phase: 3
  • Located in: Brazil

We buy MaSipack VS 400 20121265 4.41 lb 30 BPM Powder Paints 380 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Flowserve 1.5AKH3-PFA BALL VALVES ONE WAY | Valves

  • Machinery Dimensions: 12 x 12 x 12 IN
  • Model: 1.5AKH3-PFA
  • Valve Flow: ONE WAY
  • Manufacturer Name: Flowserve
  • Valve Type: BALL VALVES
  • Machinery Weight: 35 LBS
  • Recommended Packaging Form: 12C (12X12X12)
  • Located in: MA, USA

We buy Flowserve 1.5AKH3-PFA BALL VALVES ONE WAY in bulk. Click here to get a free valuation.

GE Analytical Instruments Multiphor II | Electrophoresis

  • Machinery Dimensions: 15.75 x 12.60 x 6.69 in
  • Model: Multiphor II
  • Manufacturer Name: GE Analytical Instruments
  • Machinery Weight: 11.02 lb
  • Voltage: VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Located in: Wales, United Kingdom

We buy GE Analytical Instruments Multiphor II in bulk. Click here to get a free valuation.

Hyster S120FTPRS 12000 Pounds ROLL GRABBER | Lifts

  • Model: S120FTPRS
  • Capacity Size: 12000 Pounds
  • Manufacturer Name: Hyster
  • Machinery Weight: 0 Pounds
  • Lifting Device: ROLL GRABBER
  • Year: 2016
  • Type of Lift: OTHER
  • Machinery Weight: 0 LBS
  • Machinery Dimensions: 0 x 0 x 0 IN
  • Year: 2012
  • Located in: North America

We buy Hyster S120FTPRS 12000 Pounds ROLL GRABBER in bulk. Click here to get a free valuation.

AIM Joraco 800H AHS 101304 110 VOLTS | Presses

  • Machinery Dimensions: 20 x 28 x 75 IN
  • Serial Number: 101304
  • Model: 800H AHS
  • Manufacturer Name: AIM Joraco
  • Machinery Weight: 300 LBS
  • Voltage: 110 VOLTS
  • CE Marked: NO
  • Recommended Packaging Form: PALLET
  • Located in: MA, USA

We buy AIM Joraco 800H AHS 101304 110 VOLTS in bulk. Click here to get a free valuation.

Boschert GmbH and Co Multipunch 1500 13 0.25 in 125.98 in 59.06 in 400 VOLTS 50 HERTZ 25 KVA | Turret Punch

  • Machinery Dimensions: 295.28 x 206.69 x 86.61 in
  • Current: 25 KVA
  • Number of Turret Stations: 8
  • Travel Y-Axis: 59.06 in
  • Travel X-Axis: 125.98 in
  • Tonnage Rating: TONS
  • Model: Multipunch 1500
  • Serial Number: 13
  • Manufacturer Name: Boschert GmbH and Co
  • Maximum Hole Diameter: in
  • Maximum Thickness Capacity: 0.25 in
  • Maximum Sheet Width: in
  • Maximum Sheet Length: in
  • Machinery Weight: 33069.00 lb
  • Voltage: 400 VOLTS
  • Type of Control: CNC
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Year: 2012
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: Jalisco, Mexico

We buy Boschert GmbH and Co Multipunch 1500 13 0.25 in 125.98 in 59.06 in 400 VOLTS 50 HERTZ 25 KVA in bulk. Click here to get a free valuation.

Mavag F233766 230 VOLTS 50/60 HERTZ | Ultrafiltration Skids

  • Machinery Dimensions: 70.87 x 31.50 x 74.80 in
  • Serial Number: F233766
  • Manufacturer Name: Mavag
  • Voltage: 230 VOLTS
  • Machinery Weight: 551.15 lb
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 3
  • Located in: Switzerland

We buy Mavag F233766 230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Malvern Instruments Inc. Mastersizer 2000 34265-132 | Lasers

  • Machinery Dimensions: 50.91 x 10.04 x 15.75 in
  • Model: Mastersizer 2000
  • Serial Number: 34265-132
  • Manufacturer Name: Malvern Instruments Inc.
  • Machinery Weight: 88.18 lb
  • Year: 2000
  • CE Marked: YES
  • Located in: Spain

We buy Malvern Instruments Inc. Mastersizer 2000 34265-132 in bulk. Click here to get a free valuation.

VMA Getzmann TORUSMILL TM100 15/22 KW 75-500 gal | Disc Mills

  • Chamber Volume: 75-500 gal
  • Current: 15/22 KW
  • Model: TORUSMILL TM100
  • Manufacturer Name: VMA Getzmann
  • Machinery Dimensions: 70.87 x 59.06 x 92.13 in
  • Machinery Weight: 2645.52 lb
  • Year: 2004
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy VMA Getzmann TORUSMILL TM100 15/22 KW 75-500 gal in bulk. Click here to get a free valuation.

Fryma Koruma VWE-12C 26176/00. 400 VOLTS 50 HERTZ 5.5 KW | Processors

  • Machinery Weight: 2711.66 lb
  • Machinery Dimensions: 69.69 x 59.06 x 76.77 in
  • Serial Number: 26176/00.
  • Model: VWE-12C
  • Manufacturer Name: Fryma Koruma
  • Current: 5.5 KW
  • Phase: 3+1
  • Year: 2000
  • Voltage: 400 VOLTS
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Located in: Wales, United Kingdom

We buy Fryma Koruma VWE-12C 26176/00. 400 VOLTS 50 HERTZ 5.5 KW in bulk. Click here to get a free valuation.

CL Automation CL automation | Lipstick Lines

  • Machinery Dimensions: 381.89 x 90.55 x 86.61 in
  • Model: CL automation
  • Manufacturer Name: CL Automation
  • Machinery Weight: 11023.00 lb
  • Year: 1998
  • Located in: Europe

We buy CL Automation CL automation in bulk. Click here to get a free valuation.

Cermex 2225 | Case Packers

  • Model: 2225
  • Manufacturer Name: Cermex
  • Machinery Dimensions: 157.48 x 98.43 x 78.74 in
  • Machinery Weight: 3306.90 lb
  • Located in: Europe

We buy Cermex 2225 in bulk. Click here to get a free valuation.

Esco AC2-453 220 VOLTS | Fume and Flow Hoods

  • Model: AC2-453
  • Manufacturer Name: Esco
  • Machinery Dimensions: 0.00 x 0.00 x 0.00 in
  • Machinery Weight: 0.00 lb
  • Voltage: 220 VOLTS
  • Located in: Brazil

We buy Esco AC2-453 220 VOLTS in bulk. Click here to get a free valuation.

Comarme GEM-X35 92008636 220 VOLTS 60 HERTZ 2.4 AMPS | Tapers

  • Machinery Dimensions: 55.12 x 37.40 x 64.96 in
  • Case Feed Type: SIDE
  • Number of Tape Heads: 2
  • Taping Method: TOP AND BOTTOM
  • Model: GEM-X35
  • Serial Number: 92008636
  • Manufacturer Name: Comarme
  • Current: 2.4 AMPS
  • Machinery Weight: 330.69 lb
  • Voltage: 220 VOLTS
  • Recommended Packaging Form: CUSTOM
  • CE Marked: NO
  • Phase: 1
  • Frequency: 60 HERTZ
  • Located in: Estado de México, Mexico

We buy Comarme GEM-X35 92008636 220 VOLTS 60 HERTZ 2.4 AMPS in bulk. Click here to get a free valuation.

Combina | Labelers

  • Machinery Dimensions: 49.21 x 9.84 x 57.09 in
  • Manufacturer Name: Combina
  • Machinery Weight: 1763.68 lb
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

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

Agilent Technologies 1200 Series PREP / 6110 LCMS SINGLE QUAD | Mass Spectrometers

  • Machinery Dimensions: 48 x 40 x 36 IN
  • Model: 1200 Series PREP / 6110 LCMS
  • Machinery Weight: 250 LBS
  • Type of Mass Spec: SINGLE QUAD
  • Manufacturer Name: Agilent Technologies
  • Located in: North America

We buy Agilent Technologies 1200 Series PREP / 6110 LCMS SINGLE QUAD in bulk. Click here to get a free valuation.