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

Surplus Machinery

Tektronix Inc. DPO4054 C020785 | Miscellaneous

  • Serial Number: C020785
  • Machinery Dimensions: 17 x 6 x 11 IN
  • Model: DPO4054
  • Manufacturer Name: Tektronix Inc.
  • Machinery Weight: 11 LBS
  • Recommended Packaging Form: 19C (22X15X13)
  • CE Marked: YES
  • Located in: San Jose, CA, USA

We buy Tektronix Inc. DPO4054 C020785 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.

Dayton 21UN01 081500001 14-7 AMPS 60 HERTZ 120-240 VOLTS | Miscellaneous

  • Machinery Dimensions: 50 x 21 x 43 IN
  • Number of Blades: 1
  • Serial Number: 081500001
  • Model: 21UN01
  • Current: 14-7 AMPS
  • Manufacturer Name: Dayton
  • Drive Horsepower: 1
  • Voltage: 120-240 VOLTS
  • Machinery Weight: 300 LBS
  • Frequency: 60 HERTZ
  • Located in: Mexico, MO, USA

We buy Dayton 21UN01 081500001 14-7 AMPS 60 HERTZ 120-240 VOLTS in bulk. Click here to get a free valuation.

Liebert DS035ADA1EI195S 2 COMPRESSORS 460 VOLTS 20 AMPS | Air Quality

  • Machinery Dimensions: 4 x 3 x 8 FT
  • Capacity Details: 2 COMPRESSORS
  • Capacity Size: 10 TON SQ FT
  • Model: DS035ADA1EI195S
  • Manufacturer Name: Liebert
  • Frequency: 50/60
  • Voltage: 460 VOLTS
  • Year: 2014
  • Machinery Weight: 1000 LBS
  • Recommended Packaging Form: CUSTOM
  • Current: 20 AMPS
  • Phase: 3
  • Located in: North America

We buy Liebert DS035ADA1EI195S 2 COMPRESSORS 460 VOLTS 20 AMPS in bulk. Click here to get a free valuation.

Fluke 725 | Gauges

  • Machinery Weight: 1.43 lb
  • Machinery Dimensions: 2.40 x 5.12 x 9.29 in
  • Type of Display: DIGITAL
  • Model: 725
  • Manufacturer Name: Fluke
  • Type of Gauge: PRESSURE
  • Year: 2016
  • Located in: Latin America

We buy Fluke 725 in bulk. Click here to get a free valuation.

AXOMATIC® Axomix Mix 25, Unterdruck-Homogenisator (Vakuummischer) AXOMATIC® Axomix Mix 25, Unterdruck-Homogenisator (Vakuummischer) 3000 RPM 400 VOLTS 50 HERTZ | Homogenizers

  • Machinery Dimensions: 60.04 x 25.98 x 89.37 in
  • Capacity Details: Turbine
  • Model: AXOMATIC® Axomix Mix 25, Unterdruck-Homogenisator (Vakuummischer)
  • CE Marked: JA
  • Manufacturer Name: AXOMATIC® Axomix Mix 25, Unterdruck-Homogenisator (Vakuummischer)
  • Capacity Speed: 3000 RPM
  • Machinery Weight: 1432.99 lb
  • Voltage: 400 VOLTS
  • Year: 2007
  • Frequency: 50 HERTZ
  • Located in: Europe

We buy AXOMATIC® Axomix Mix 25, Unterdruck-Homogenisator (Vakuummischer) AXOMATIC® Axomix Mix 25, Unterdruck-Homogenisator (Vakuummischer) 3000 RPM 400 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Jun Air 387836020613008 | Miscellaneous

  • Machinery Dimensions: 16 x 5 x 4 IN
  • Serial Number: 387836020613008
  • Manufacturer Name: Jun Air
  • Machinery Weight: 3 LBS
  • Recommended Packaging Form: 19C (22X15X13)
  • Located in: Forest, VA, USA

We buy Jun Air 387836020613008 in bulk. Click here to get a free valuation.

H and H 200 KVA H5988 480 VOLTS 60 HERTZ 350 AMPS | Welders

  • Machinery Dimensions: 95 x 32 x 93 IN
  • Welding Type: SPOT
  • Model: 200 KVA
  • Serial Number: H5988
  • Manufacturer Name: H and H
  • Machinery Weight: 3000 Pounds
  • Current: 350 AMPS
  • Year: 2012
  • Recommended Packaging Form: CUSTOM
  • Voltage: 480 VOLTS
  • Phase: 1
  • Frequency: 60 HERTZ
  • Located in: TX, USA

We buy H and H 200 KVA H5988 480 VOLTS 60 HERTZ 350 AMPS in bulk. Click here to get a free valuation.

Eden Labs Hi-Flo20L 2K | Extractors

  • Machinery Weight: 3065 LBS
  • Machinery Dimensions: 12 x 12 x 6 FT
  • Model: Hi-Flo20L 2K
  • Manufacturer Name: Eden Labs
  • Year: 2017
  • Recommended Packaging Form: CRATE
  • Located in: CA, USA

We buy Eden Labs Hi-Flo20L 2K in bulk. Click here to get a free valuation.

Thermo Electron Corporation Iems 115-230 VOLTS 50/60 HERTZ | Miscellaneous

  • Machinery Dimensions: 15.75 x 23.62 x 19.69 in
  • Model: Iems
  • Manufacturer Name: Thermo Electron Corporation
  • Voltage: 115-230 VOLTS
  • Machinery Weight: 99.21 lb
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: Basel, Basel, Switzerland

We buy Thermo Electron Corporation Iems 115-230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Xcellerex XDM-Q-1000-S 30346-29 264.26 gal | Mixers

  • Serial Number: 30346-29
  • Model: XDM-Q-1000-S
  • Machinery Dimensions: 59.06 x 47.24 x 59.06 in
  • Manufacturer Name: Xcellerex
  • Capacity Size: 264.26 gal
  • Machinery Weight: 374.78 lb
  • Located in: Switzerland

We buy Xcellerex XDM-Q-1000-S 30346-29 264.26 gal in bulk. Click here to get a free valuation.

Kaykaz Rittal 400 VOLTS 50 HERTZ | Switchgears

  • Machinery Dimensions: 43.31 x 47.24 x 84.65 in
  • Machinery Dimensions: 40.94 x 114.17 x 94.49 in
  • Model: Rittal
  • Manufacturer Name: Kaykaz
  • Machinery Weight: 3527.36 lb
  • Machinery Weight: 1322.76 lb
  • Phase: 3+1
  • Voltage: 400 VOLTS
  • Year: 2011
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Located in: Greece

We buy Kaykaz Rittal 400 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Hyfro GmbH Chilly 15-S 230 VOLTS 50/60 HERTZ 9/30 AMPS | Chillers

  • Machinery Dimensions: 28 x 21 x 18 IN
  • Current: 9/30 AMPS
  • Temperature Range: 42 DEG C
  • Model: Chilly 15-S
  • Manufacturer Name: Hyfro GmbH
  • Machinery Weight: 110 LBS
  • Year: 2014
  • Voltage: 230 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Located in: North America

We buy Hyfro GmbH Chilly 15-S 230 VOLTS 50/60 HERTZ 9/30 AMPS in bulk. Click here to get a free valuation.

Applied Materials Inc 0242-34891 09307-13 35-50 LBS 145 PSI | Actuators

  • Serial Number: 09307-13
  • Model: 0242-34891
  • 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 0242-34891 09307-13 35-50 LBS 145 PSI in bulk. Click here to get a free valuation.

De Lama DLSG/0/CSP | Steam Generators

  • Machinery Dimensions: 70.87 x 47.24 x 70.87 in
  • Capacity Details: Capacity Lt 715
  • Capacity Size: Capacity Lt 715 gal
  • Model: DLSG/0/CSP
  • Manufacturer Name: De Lama
  • Year: 1991
  • Machinery Weight: 881.84 lb
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy De Lama DLSG/0/CSP in bulk. Click here to get a free valuation.

Nova Biomedical BioProfile 400 T08510090 100-240 VOLTS 50/60 HERTZ | Analyzers

  • Machinery Dimensions: 23.62 x 19.69 x 29.53 in
  • Model: BioProfile 400
  • Serial Number: T08510090
  • Manufacturer Name: Nova Biomedical
  • Type: CHEMISTRY
  • Voltage: 100-240 VOLTS
  • Machinery Weight: 551.15 lb
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Switzerland

We buy Nova Biomedical BioProfile 400 T08510090 100-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Ocean Optics FLAME-T(USB4000) FLMT03893 | Spectrometers

  • Machinery Dimensions: 3.50 x 2.48 x 1.26 in
  • Serial Number: FLMT03893
  • Model: FLAME-T(USB4000)
  • Manufacturer Name: Ocean Optics
  • Machinery Weight: 1 LBS
  • Year: 2019
  • CE Marked: YES
  • Located in: IL, USA

We buy Ocean Optics FLAME-T(USB4000) FLMT03893 in bulk. Click here to get a free valuation.

Proditec Visitab 2 CO569 600 VOLTS 60 HERTZ | Capsule or Tablet Inspection Machines

  • Machinery Dimensions: 111 x 38 x 84 IN
  • Voltage: 600 VOLTS
  • Serial Number: CO569
  • Model: Visitab 2
  • Manufacturer Name: Proditec
  • Year: 2011
  • Machinery Weight: 5000 LBS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM PALLET
  • Frequency: 60 HERTZ
  • Located in: MA, USA

We buy Proditec Visitab 2 CO569 600 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

TEL TE-5000 ATC | Wet Etch

  • Model: TE-5000 ATC
  • Manufacturer Name: TEL
  • Machinery Dimensions: 84 x 84 x 72 IN
  • Year: 1991
  • Year: 1992
  • Year: 1993
  • Machinery Weight: 5000 LBS
  • Recommended Packaging Form: CUSTOM
  • Located in: East Asia/Pacific

We buy TEL TE-5000 ATC in bulk. Click here to get a free valuation.

Seidenader si20 | Inspection Machines

  • Machinery Dimensions: 393.70 x 78.74 x 78.74 in
  • Model: si20
  • Manufacturer Name: Seidenader
  • Machinery Weight: 7716.10 lb
  • Year: 2000
  • CE Marked: YES
  • Located in: Orleans, France

We buy Seidenader si20 in bulk. Click here to get a free valuation.

Waters Q TOF PREMIER | Mass Spectrometers

  • Model: Q TOF PREMIER
  • Machinery Dimensions: 60 x 50 x 60 IN
  • Manufacturer Name: Waters
  • Machinery Weight: 700 LBS
  • Type of Mass Spec: Q-TOF
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: North America

We buy Waters Q TOF PREMIER in bulk. Click here to get a free valuation.

Gene Vac EZ2.3 230 VOLTS 50 HERTZ | Concentrators

  • Machinery Weight: 194.00 lb
  • Machinery Dimensions: 17.72 x 25.59 x 27.56 in
  • Model: EZ2.3
  • Manufacturer Name: Gene Vac
  • Year: 2014
  • Voltage: 230 VOLTS
  • Frequency: 50 HERTZ
  • Phase: 1
  • Located in: Singapore

We buy Gene Vac EZ2.3 230 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Thermo Finnigan LCQ Deca XP | Mass Spectrometers

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

We buy Thermo Finnigan LCQ Deca XP 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.

Techne Touchgene FTG05TP | PCR and Thermal Cyclers

  • Model: Touchgene FTG05TP
  • Manufacturer Name: Techne
  • Located in: North America

We buy Techne Touchgene FTG05TP in bulk. Click here to get a free valuation.

Fisher Scientific accuSpin 3R | Laboratory Centrifuges

  • Model: accuSpin 3R
  • Manufacturer Name: Fisher Scientific
  • Located in: North America

We buy Fisher Scientific accuSpin 3R in bulk. Click here to get a free valuation.

Wolkogon DR - B 54 380 VOLTS 20 U/MIN | Packaging Lines

  • Machinery Dimensions: 35.43 x 34.25 x 43.31 in
  • Model: DR - B 54
  • Manufacturer Name: Wolkogon
  • Machinery Weight: 771.61 lb
  • Capacity Speed: 20 U/MIN
  • Frequency: 50
  • Year: 1988
  • Voltage: 380 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: Europe

We buy Wolkogon DR - B 54 380 VOLTS 20 U/MIN in bulk. Click here to get a free valuation.

Thermo Fisher Scientific RGL3004A 1114028901180306 115 VOLTS 60 HERTZ 9.4 AMPS | Refrigerators

  • Serial Number: 1114028901180306
  • Machinery Dimensions: 42 x 40 x 83 IN
  • Current: 9.4 AMPS
  • Temperature Range: +1 to +8 DEG C
  • Capacity Size: 29.2 CU FT
  • Model: RGL3004A
  • Type of Refrigerator: UPRIGHT
  • Manufacturer Name: Thermo Fisher Scientific
  • Year: 2018
  • Voltage: 115 VOLTS
  • Machinery Weight: 500 LBS
  • CE Marked: NO
  • Phase: 1
  • Recommended Packaging Form: CUSTOM PALLET
  • Frequency: 60 HERTZ
  • Located in: MA, USA

We buy Thermo Fisher Scientific RGL3004A 1114028901180306 115 VOLTS 60 HERTZ 9.4 AMPS in bulk. Click here to get a free valuation.

Sun Woo Tech Co. Ltd. SPF-4NL SPF-4NL-17-01 208 VOLTS 60 HERTZ 10 AMPS | Monobloc Filler-Capper Combination

  • Products Run: cosmetic eyeliner pencil
  • Current Application (Products,Sizes Run and Shape of Bottle): cosmetic eyeliner pencil
  • Model: SPF-4NL
  • Serial Number: SPF-4NL-17-01
  • Manufacturer Name: Sun Woo Tech Co. Ltd.
  • Type of Filler: INLINE
  • Type of Capping: SCREW
  • Current: 10 AMPS
  • Machinery Weight: 0 LBS
  • Machinery Dimensions: 0 x 0 x 0 IN
  • Type of Capper: INLINE
  • Year: 2017
  • Voltage: 208 VOLTS
  • CE Marked: NO
  • Phase: 1
  • Frequency: 60 HERTZ
  • Located in: NJ, USA

We buy Sun Woo Tech Co. Ltd. SPF-4NL SPF-4NL-17-01 208 VOLTS 60 HERTZ 10 AMPS 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.

Applied Materials Inc 0010-25624 18010-9 35-50 LBS 145 PSI | Actuators

  • Serial Number: 18010-9
  • 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 18010-9 35-50 LBS 145 PSI in bulk. Click here to get a free valuation.

Palmia 118.92 gal | Blenders

  • Machinery Dimensions: 180.00 x 120.00 x 95.00 in
  • Manufacturer Name: Palmia
  • Capacity Size: 118.92 gal
  • Type of Blender: Paddle
  • Machinery Weight: 2645.52 lb
  • Located in: Europe

We buy Palmia 118.92 gal in bulk. Click here to get a free valuation.

Alfa Laval CLIP 8-RH 30102-34993 2114.08 gal | Heat Exchangers/Condensers

  • Machinery Dimensions: 129.92 x 23.62 x 72.05 in
  • Type of Heat Exchanger: SHELL AND TUBE
  • Capacity of Heat Exchanger: 2114.08 gal
  • Model: CLIP 8-RH
  • Serial Number: 30102-34993
  • Manufacturer Name: Alfa Laval
  • Machinery Weight: 8818.40 lb
  • Year: 1998
  • Located in: Hungary

We buy Alfa Laval CLIP 8-RH 30102-34993 2114.08 gal in bulk. Click here to get a free valuation.

Gehnrich 10115 STAINLESS STEEL AIR COOLED 480 VOLTS 60 HERTZ 40 AMPS | Drying Ovens

  • Temperature Range: 250 DEG F
  • Serial Number: 10115
  • Manufacturer Name: Gehnrich
  • Machinery Dimensions: 144 x 96 x 84 IN
  • Heating or Cooling Source: AIR COOLED
  • Current: 40 AMPS
  • Machinery Weight: 2500 LBS
  • Material of Construction: STAINLESS STEEL
  • Voltage: 480 VOLTS
  • CE Marked: NO
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: PR, USA

We buy Gehnrich 10115 STAINLESS STEEL AIR COOLED 480 VOLTS 60 HERTZ 40 AMPS in bulk. Click here to get a free valuation.

Priorclave PS/MVA/C60 ELECTRICALLY HEATED 230 VOLTS 50/60 HERTZ | Autoclaves

  • Machinery Dimensions: 47.24 x 39.37 x 50.00 in
  • Chamber Dimensions: 350 dia.X 625 in
  • Model: PS/MVA/C60
  • Manufacturer Name: Priorclave
  • Temperature Range: 140 DEG C
  • Heating or Cooling Source: ELECTRICALLY HEATED
  • Machinery Weight: 330.69 lb
  • Year: 2010
  • Voltage: 230 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Europe

We buy Priorclave PS/MVA/C60 ELECTRICALLY HEATED 230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Rohde and Schwarz CMW500 147679 100-240 VOLTS 50/60 HERTZ 850 VA | Miscellaneous

  • Serial Number: 147679
  • 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: San Jose, CA, USA

We buy Rohde and Schwarz CMW500 147679 100-240 VOLTS 50/60 HERTZ 850 VA in bulk. Click here to get a free valuation.

Dan Science O3-H2S04/SC-1 | Wet Process

  • Machinery Dimensions: 300 x 96 x 84 IN
  • Model: O3-H2S04/SC-1
  • Manufacturer Name: Dan Science
  • Machinery Weight: 10000 LBS
  • Year: 1996
  • Recommended Packaging Form: CUSTOM
  • Located in: East Asia/Pacific

We buy Dan Science O3-H2S04/SC-1 in bulk. Click here to get a free valuation.

NNP Corporation 120/230 VOLTS 50/60 HERTZ 6 BAR STAINLESS STEEL BELT CONVEYOR | Conveyors

  • Machinery Dimensions: 51.18 x 19.69 x 39.37 in
  • Belt Size: 1400 x 18 in
  • Type of Feet: STRAIGHT
  • Guide Rails: NO
  • Manufacturer Name: NNP Corporation
  • Portable: YES
  • Type of Conveyors: BELT CONVEYOR
  • Machinery Weight: 881.84 lb
  • Air Requirements: 6 BAR
  • Material of Construction: STAINLESS STEEL
  • Voltage: 120/230 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • CE Marked: NO
  • Phase: 1
  • Located in: Europe

We buy NNP Corporation 120/230 VOLTS 50/60 HERTZ 6 BAR STAINLESS STEEL BELT CONVEYOR in bulk. Click here to get a free valuation.

Grupo Serv 440 VOLTS 60 HERTZ STAINLESS STEEL LUG-FLIGHT CONVEYOR | Conveyors

  • Machinery Dimensions: 3525.59 x 76.77 x 137.80 in
  • Machinery Weight: 12676.45 lb
  • Machinery Dimensions: 8271.65 x 70.87 x 192.91 in
  • Type of Conveyor Belt: Cable
  • Type of Conveyors: LUG-FLIGHT CONVEYOR
  • Manufacturer Name: Grupo Serv
  • Belt Size: in
  • Machinery Weight: 9920.70 lb
  • Type of Feet: STRAIGHT
  • Portable: NO
  • Guide Rails: YES
  • Voltage: 440 VOLTS
  • Material of Construction: STAINLESS STEEL
  • Recommended Packaging Form: CUSTOM
  • CE Marked: NO
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Latin America

We buy Grupo Serv 440 VOLTS 60 HERTZ STAINLESS STEEL LUG-FLIGHT CONVEYOR in bulk. Click here to get a free valuation.

CAM STRAIGHT TUCK | Horizontal Cartoners

  • Machinery Dimensions: 15 x 5 x 6 FT
  • Carton Feeder Type: ROTARY
  • Closure: STRAIGHT TUCK
  • Line Motion: INTERMITTENT
  • Product Loading: AUTOMATIC
  • Manufacturer Name: CAM
  • Year: 1984
  • Product Handling: HORIZONTAL
  • Type of Closure: HOT MELT GLUE
  • Machinery Weight: 5000 LBS
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: North America

We buy CAM STRAIGHT TUCK in bulk. Click here to get a free valuation.