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

Surplus Machinery

Bakon Top Cream 530 | Ice Cream Freezers

  • Machinery Dimensions: 39.37 x 39.37 x 49.21 in
  • Model: Top Cream 530
  • Manufacturer Name: Bakon
  • Machinery Weight: 220.46 lb
  • Year: 2012
  • Located in: Europe

We buy Bakon Top Cream 530 in bulk. Click here to get a free valuation.

Unknown Pumps 1 RPM STAINLESS STEEL | Centrifugal Pumps

  • Machinery Dimensions: 144 x 36 x 48 IN
  • Model: Pumps
  • Capacity Speed: 1 RPM
  • Material of Construction: STAINLESS STEEL
  • Machinery Weight: 1500 LBS
  • Located in: PR, USA

We buy Unknown Pumps 1 RPM STAINLESS STEEL in bulk. Click here to get a free valuation.

Fortress Technologies Inc SC-CONV-120SSHD180S CVF-4549 120 VOLTS 60 HERTZ 9.6 AMPS | Metal Detectors

  • Machinery Dimensions: 120 x 36 x 60 IN
  • Current: 9.6 AMPS
  • Automatic Reject: Yes
  • Serial Number: CVF-4549
  • Model: SC-CONV-120SSHD180S
  • Manufacturer Name: Fortress Technologies Inc
  • Machinery Weight: 1000 LBS
  • Year: 2017
  • Phase: 1
  • Voltage: 120 VOLTS
  • Recommended Packaging Form: CUSTOM PALLET
  • Frequency: 60 HERTZ
  • Located in: NS, Canada

We buy Fortress Technologies Inc SC-CONV-120SSHD180S CVF-4549 120 VOLTS 60 HERTZ 9.6 AMPS in bulk. Click here to get a free valuation.

Unknown 120/230 VOLTS 50/60 HERTZ | Unscramblers

  • Machinery Dimensions: 31.50 x 31.50 x 47.24 in
  • Machinery Weight: 132.28 lb
  • Voltage: 120/230 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Europe

We buy Unknown 120/230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Gericke RH HP 4221 0.26 gal | Hoppers

  • Model: RH HP 4221
  • 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 4221 0.26 gal 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.

Fette E11 272. 300 VOLTS 50/60 HERTZ | Tablet Presses

  • Machinery Weight: 553.35 lb
  • Machinery Dimensions: 47.28 x 47.24 x 74.80 in
  • Voltage: 300 VOLTS
  • Model: E11
  • Serial Number: 272.
  • Manufacturer Name: Fette
  • No. of Stations: 1
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: Wales, United Kingdom

We buy Fette E11 272. 300 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Comadis 720N 50/60 HERTZ | Fillers

  • Machinery Dimensions: 84 x 60 x 96 IN
  • Model: 720N
  • Manufacturer Name: Comadis
  • Year: 1983
  • Type of Filler: TUBE
  • Frequency: 50/60 HERTZ
  • Machinery Weight: 2000 LBS
  • Located in: Europe

We buy Comadis 720N 50/60 HERTZ in bulk. Click here to get a free valuation.

Hewlett Packard 1050Series | HPLC

  • Machinery Dimensions: 21 x 13 x 25 IN
  • Model: 1050Series
  • Manufacturer Name: Hewlett Packard
  • Machinery Weight: 120 LBS
  • Located in: WI, USA

We buy Hewlett Packard 1050Series in bulk. Click here to get a free valuation.

O'Hara Technologies Inc. LC II X 3589 28 RPM 6 BAR 380 VOLTS 50 HERTZ | Perforated Coating Pans

  • Machinery Weight: 6216.97 lb
  • Machinery Dimensions: 289.37 x 51.18 x 78.74 in
  • Pan Size: 15, 19, 30”
  • Capacity Speed: 28 RPM
  • Model: LC II X
  • Serial Number: 3589
  • Manufacturer Name: O'Hara Technologies Inc.
  • Year: 2003
  • Voltage: 380 VOLTS
  • Air Requirements: 6 BAR
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: Wales, United Kingdom

We buy O'Hara Technologies Inc. LC II X 3589 28 RPM 6 BAR 380 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Aczet Pvt.Ltd. CY 513C | Balances

  • Model: CY 513C
  • Manufacturer Name: Aczet Pvt.Ltd.
  • Located in: North America

We buy Aczet Pvt.Ltd. CY 513C in bulk. Click here to get a free valuation.

ICA SIN 3100 C 220 VOLTS 50 HERTZ | IT Equipment

  • Model: SIN 3100 C
  • Manufacturer Name: ICA
  • Machinery Dimensions: 19.69 x 11.81 x 19.69 in
  • Machinery Weight: 551.15 lb
  • Frequency: 50 HERTZ
  • Voltage: 220 VOLTS
  • Phase: 1
  • Located in: Medan, Indonesia

We buy ICA SIN 3100 C 220 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Daikin REYQ14M8W1BA 1700149 400 VOLTS 50 HERTZ | Chillers

  • Serial Number: 1700149
  • Machinery Dimensions: 48.82 x 30.31 x 63.39 in
  • Model: REYQ14M8W1BA
  • Manufacturer Name: Daikin
  • Machinery Weight: 661.38 lb
  • Voltage: 400 VOLTS
  • Year: 2007
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 3
  • Located in: East Sussex, United Kingdom

We buy Daikin REYQ14M8W1BA 1700149 400 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

BioTek Instruments ELx50 150996 and 232641 115 VOLTS 50/60 HERTZ | Microplate Washers

  • Machinery Dimensions: 28 x 15 x 6 IN
  • Serial Number: 150996 and 232641
  • Model: ELx50
  • Manufacturer Name: BioTek Instruments
  • Machinery Weight: 50 LBS
  • Voltage: 115 VOLTS
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: NC, USA

We buy BioTek Instruments ELx50 150996 and 232641 115 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Hamamatsu 23003; 280009; 230805 100-240 VOLTS 50/60 HERTZ | Microplate Readers

  • Machinery Dimensions: 35.43 x 27.56 x 39.37 in
  • Serial Number: 23003; 280009; 230805
  • Manufacturer Name: Hamamatsu
  • Machinery Weight: 132.28 lb
  • Voltage: 100-240 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Antwerpen, Belgium

We buy Hamamatsu 23003; 280009; 230805 100-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Tetra Pak Cardboard Packer 70 6-7 BAR SIDE LOAD 400/230 VOLTS 50/60 HERTZ 8 AMPS | Case Packers

  • Type of Case: WA
  • Model: Cardboard Packer 70
  • Machinery Dimensions: 157.48 x 74.80 x 78.74 in
  • Type of Packer: SIDE LOAD
  • Case Sealing: HOT MELT GLUE
  • Manufacturer Name: Tetra Pak
  • Voltage: 400/230 VOLTS
  • Air Requirements: 6-7 BAR
  • Phase: 3+1
  • Machinery Weight: 3306.90 lb
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Current: 8 AMPS
  • Frequency: 50/60 HERTZ
  • Located in: Mexico

We buy Tetra Pak Cardboard Packer 70 6-7 BAR SIDE LOAD 400/230 VOLTS 50/60 HERTZ 8 AMPS in bulk. Click here to get a free valuation.

Illumina CBOT 200913 100/240 VOLTS 50/60 HERTZ 500 WATTS | Sequencers

  • Machinery Dimensions: 11.81 x 27.56 x 19.69 in
  • Serial Number: 200913
  • Model: CBOT
  • Manufacturer Name: Illumina
  • Current: 500 WATTS
  • Machinery Weight: 37.48 lb
  • Voltage: 100/240 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Antwerpen, Belgium

We buy Illumina CBOT 200913 100/240 VOLTS 50/60 HERTZ 500 WATTS in bulk. Click here to get a free valuation.

Uhlmann Packaging Systems C300X 300 CPM 75x75x150 mm. 8 BAR REVERSE TUCK LEAFLET FEEDER-PREFOLDED 220/380 VOLTS 50 HERTZ 20 AMPS | Horizontal Cartoners

  • Machinery Dimensions: 236.22 x 61.02 x 66.93 in
  • Product Sizing: 75x75x150 mm.
  • Model: C300X
  • Speed: 300 CPM
  • Carton Size or Range: Range: 30x15x65 mm.
  • Accessories: LEAFLET FEEDER-PREFOLDED
  • Products Run: blister
  • Manufacturer Name: Uhlmann Packaging Systems
  • Voltage: 220/380 VOLTS
  • Closure: REVERSE TUCK
  • Line Motion: INTERMITTENT
  • Product Loading: AUTOMATIC
  • Type of Closure: TUCK
  • Method of Code Dater: NONE
  • Air Requirements: 8 BAR
  • Year: 1993
  • Machinery Weight: 4000 LBS
  • Product Handling: HORIZONTAL
  • Carton Feeder Type: PICK AND PLACE
  • Frequency: 50 HERTZ
  • Recommended Packaging Form: CUSTOM
  • CE Marked: NO
  • Current: 20 AMPS
  • Phase: 3
  • Located in: Europe

We buy Uhlmann Packaging Systems C300X 300 CPM 75x75x150 mm. 8 BAR REVERSE TUCK LEAFLET FEEDER-PREFOLDED 220/380 VOLTS 50 HERTZ 20 AMPS 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.

Thermo Scientific LTQ XL | Mass Spectrometers

  • Model: LTQ XL
  • Manufacturer Name: Thermo Scientific
  • Machinery Dimensions: 48 x 40 x 36 IN
  • Machinery Weight: 300 LBS
  • Type of Mass Spec: LINEAR TRAP QUAD (LTQ)
  • Recommended Packaging Form: PALLET
  • Located in: North America

We buy Thermo Scientific LTQ XL in bulk. Click here to get a free valuation.

Agilent Technologies 7890A CN10944097 100-240 VOLTS 60 HERTZ | Gas Chromatographs (GC)

  • Machinery Dimensions: 26.77 x 20.08 x 27.56 in
  • Second Detector for GC: TCD
  • Serial Number: CN10944097
  • Machinery Weight: 330.69 lb
  • Type of Detector for GC: FID
  • Model: 7890A
  • Manufacturer Name: Agilent Technologies
  • Voltage: 100-240 VOLTS
  • Year: 2009
  • CE Marked: YES
  • Phase: 1
  • Frequency: 60 HERTZ
  • Located in: EMEA, Belgium

We buy Agilent Technologies 7890A CN10944097 100-240 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Faber powder dosing | Fillers

  • Machinery Dimensions: 31.50 x 11.81 x 31.50 in
  • Application Range (Ex Min/Max Range Size Bottles or Tubes, Shape of Bottle): powder
  • Manufacturer Name: Faber
  • Model: Powder dosing
  • Type of Filler: POWDER
  • Machinery Weight: 110.23 lb
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy Faber powder dosing in bulk. Click here to get a free valuation.

New England Machinery MINI 11 380 VOLTS 50/60 HERTZ unknown AMPS | Unscramblers

  • Model: MINI 11
  • Machinery Dimensions: 118.11 x 59.06 x 78.74 in
  • Manufacturer Name: New England Machinery
  • Current: unknown AMPS
  • Machinery Weight: 3306.90 lb
  • Voltage: 380 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 3
  • Located in: Europe

We buy New England Machinery MINI 11 380 VOLTS 50/60 HERTZ unknown AMPS in bulk. Click here to get a free valuation.

Alteco K06.0005 STAINLESS STEEL 792.78 gal 82.68 in 59.06 in 400 VOLTS 50 HERTZ | Reactors

  • Serial Number: K06.0005
  • Machinery Dimensions: 78.74 x 78.74 x 210.63 in
  • Straight Side: 82.68 in
  • Agitator Location: TOP
  • Jacket Temperature Rating: -20 to 200 DEG C
  • Jacket Pressure Rating: -1 to 18 BAR
  • Internal Temperature Rating: -20 to 200 DEG C
  • Internal Pressure Rating: -1 to 5 BAR
  • Capacity of Reactor: 792.78 gal
  • Manufacturer Name: Alteco
  • Grade of Stainless Steel: 316L
  • Machinery Weight: 6613.80 lb
  • Inside Diameter: 59.06 in
  • Agitation: YES
  • Reactor Material of Construction: STAINLESS STEEL
  • Voltage: 400 VOLTS
  • Year: 2007
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 3
  • Located in: Antwerp, Belgium

We buy Alteco K06.0005 STAINLESS STEEL 792.78 gal 82.68 in 59.06 in 400 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Marchesini MA315 | Carton Formers

  • Machinery Dimensions: 157.48 x 53.15 x 92.52 in
  • Model: MA315
  • Manufacturer Name: Marchesini
  • Number of Products per Carton: NC
  • Machinery Weight: 3968.28 lb
  • Located in: Europe

We buy Marchesini MA315 in bulk. Click here to get a free valuation.

Gardner Mfg, Co. | Blenders

  • Machinery Dimensions: 78.74 x 51.18 x 59.06 in
  • Manufacturer Name: Gardner Mfg, Co.
  • Type of Blender: DRUM
  • Machinery Weight: 396.83 lb
  • Phase: 1
  • Located in: Europe

We buy Gardner Mfg, Co. in bulk. Click here to get a free valuation.

Sorvall RT6000D SWING BUCKET 115 VOLTS 60 HERTZ 12 AMPS | Laboratory Centrifuges

  • Machinery Dimensions: 25 x 32 x 13 IN
  • Model: RT6000D
  • Manufacturer Name: Sorvall
  • Number of Positions: 4
  • Rotor Type: SWING BUCKET
  • Current: 12 AMPS
  • Machinery Weight: 200 LBS
  • Voltage: 115 VOLTS
  • CE Marked: NO
  • Frequency: 60 HERTZ
  • Recommended Packaging Form: PALLET
  • Located in: MA, USA

We buy Sorvall RT6000D SWING BUCKET 115 VOLTS 60 HERTZ 12 AMPS in bulk. Click here to get a free valuation.

Mettler Toledo ALLEXis | Sample Preparation

  • Model: ALLEXis
  • Manufacturer Name: Mettler Toledo
  • Located in: North America

We buy Mettler Toledo ALLEXis in bulk. Click here to get a free valuation.

Mesal Maquinas Institucional ER70PM1 12245 | Bottle Rinsers

  • Machinery Dimensions: 165.35 x 129.92 x 76.77 in
  • Model: ER70PM1
  • Serial Number: 12245
  • Manufacturer Name: Mesal Maquinas Institucional
  • Frequency: HERTZ
  • Voltage: VOLTS
  • Year: 2014
  • Machinery Weight: 4409.20 lb
  • Recommended Packaging Form: CUSTOM
  • Located in: Tocancipá, Colombia

We buy Mesal Maquinas Institucional ER70PM1 12245 in bulk. Click here to get a free valuation.

SIA EMB 6002 D 799682 37 AMPS 50 HERTZ 380 VOLTS STAINLESS STEEL | Stuffers

  • Serial Number: 799682
  • Model: EMB 6002 D
  • Manufacturer Name: SIA
  • Machinery Weight: 2248.69 lb
  • Machinery Dimensions: 49.21 x 49.21 x 88.58 in
  • Current: 37 AMPS
  • Year: 1999
  • Voltage: 380 VOLTS
  • Material of Construction: STAINLESS STEEL
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 3
  • Located in: Spain

We buy SIA EMB 6002 D 799682 37 AMPS 50 HERTZ 380 VOLTS STAINLESS STEEL in bulk. Click here to get a free valuation.

Wenger C2 50/60 HERTZ | Food Equipment

  • Machinery Dimensions: 200.00 x 50.00 x 85.00 in
  • Model: C2
  • Manufacturer Name: Wenger
  • Machinery Weight: 7716.10 lb
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: Africa

We buy Wenger C2 50/60 HERTZ in bulk. Click here to get a free valuation.

Pentair PS2162-D7-T PS2162-D7-T 1 GPM | Water Purification and Still Systems

  • Machinery Dimensions: 60 x 20 x 65 IN
  • Capacity Speed: 1 GPM
  • Model: PS2162-D7-T
  • Serial Number: PS2162-D7-T
  • Manufacturer Name: Pentair
  • Machinery Weight: 500 LBS
  • Year: 2006
  • Located in: Nicaragua

We buy Pentair PS2162-D7-T PS2162-D7-T 1 GPM in bulk. Click here to get a free valuation.

Wijk C1012-N711P 91-40 20 L/MIN 8.9 AMPS 50 HERTZ 380 VOLTS | Positive Displacement Pumps / Lobe

  • Machinery Dimensions: 59.06 x 19.69 x 19.69 in
  • Model: C1012-N711P
  • Serial Number: 91-40
  • Current: 8.9 AMPS
  • Capacity Speed: 20 L/MIN
  • Manufacturer Name: Wijk
  • Year: 1991
  • Machinery Weight: 661.38 lb
  • Voltage: 380 VOLTS
  • Frequency: 50 HERTZ
  • Phase: 3
  • Located in: Netherlands

We buy Wijk C1012-N711P 91-40 20 L/MIN 8.9 AMPS 50 HERTZ 380 VOLTS 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.

Mepaco 185 4512 480 VOLTS 60 HERTZ STAINLESS STEEL 16 IN 240 IN SCREW CONVEYOR | Miscellaneous

  • Machinery Dimensions: 20 x 12 x 10 FT
  • Screw Length: 240 IN
  • Screw Diameter: 16 IN
  • Drive Horsepower: 15
  • Model: 185
  • Serial Number: 4512
  • Manufacturer Name: Mepaco
  • Type of Conveyors: SCREW CONVEYOR
  • Type of Feet: ADJUSTABLE
  • Portable: YES
  • Guide Rails: YES
  • Machinery Weight: 2500 LBS
  • Year: 2000
  • Material of Construction: STAINLESS STEEL
  • Voltage: 480 VOLTS
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Henderson, NC, USA

We buy Mepaco 185 4512 480 VOLTS 60 HERTZ STAINLESS STEEL 16 IN 240 IN SCREW CONVEYOR in bulk. Click here to get a free valuation.

Sartorius 22103209 74.96 lb 1.0 G 220 VOLTS 50 HERTZ | Scales

  • Machinery Dimensions: 19.69 x 13.78 x 7.87 in
  • Capacity Size: 74.96 lb
  • Serial Number: 22103209
  • Degree of Precision: 1.0 G
  • Manufacturer Name: Sartorius
  • Machinery Weight: 88.18 lb
  • Frequency: 50 HERTZ
  • Voltage: 220 VOLTS
  • CE Marked: YES
  • Phase: 1
  • Located in: Germany

We buy Sartorius 22103209 74.96 lb 1.0 G 220 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

AFT Group 400 VOLTS 50/60 HERTZ | Food Equipment

  • Machinery Weight: 881.84 lb
  • Machinery Dimensions: 47.24 x 27.56 x 47.24 in
  • Manufacturer Name: AFT Group
  • Voltage: 400 VOLTS
  • Year: 2008
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 3
  • Located in: Europe

We buy AFT Group 400 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Thermo Finnigan EA 1112 Series N/Protein Analyzer | Analyzers

  • Model: EA 1112 Series N/Protein Analyzer
  • Manufacturer Name: Thermo Finnigan
  • Located in: North America

We buy Thermo Finnigan EA 1112 Series N/Protein Analyzer in bulk. Click here to get a free valuation.

Weber Maschinenbau GmbH MSA-650-2 167 0.32 KW 50 HERTZ 400 VOLTS | Grinders

  • Machinery Weight: 0.00 lb
  • Machinery Dimensions: 55.12 x 39.37 x 55.12 in
  • Serial Number: 167
  • Model: MSA-650-2
  • Current: 0.32 KW
  • Manufacturer Name: Weber Maschinenbau GmbH
  • Voltage: 400 VOLTS
  • Frequency: 50 HERTZ
  • Phase: 3
  • Located in: Spain

We buy Weber Maschinenbau GmbH MSA-650-2 167 0.32 KW 50 HERTZ 400 VOLTS in bulk. Click here to get a free valuation.

Waters Acquity | Solid Phase Extractors

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

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