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

Surplus Machinery

Huber UC006 EM0061162413N11241309 | Miscellaneous

  • Serial Number: EM0061162413N11241309
  • Machinery Weight: 182 LBS
  • Machinery Dimensions: 28 x 20 x 84 IN
  • Model: UC006
  • Manufacturer Name: Huber
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: San Jose, CA, USA

We buy Huber UC006 EM0061162413N11241309 in bulk. Click here to get a free valuation.

Dell KMM FPM185 | Servers

  • Machinery Dimensions: 45 x 24 x 83 IN
  • Model: KMM FPM185
  • Manufacturer Name: Dell
  • Machinery Weight: 500 LBS
  • Recommended Packaging Form: PALLET
  • Located in: MA, USA

We buy Dell KMM FPM185 in bulk. Click here to get a free valuation.

Uhlmann C 2205 321 250 CPM 6 BAR LEAFLET FEEDER-PREFOLDED 400 VOLTS 50 HERTZ | Horizontal Cartoners

  • Machinery Weight: 9700.24 lb
  • Machinery Dimensions: 407.48 x 70.87 x 92.52 in
  • Serial Number: 321
  • Model: C 2205
  • Speed: 250 CPM
  • Number of Products per Carton: 3
  • Accessories: LEAFLET FEEDER-PREFOLDED
  • Manufacturer Name: Uhlmann
  • Product Loading: AUTOMATIC
  • Products Run: Cartons
  • Year: 2003
  • Voltage: 400 VOLTS
  • Closure: GLUE INNER & OUTER FLAPS
  • Product Handling: HORIZONTAL
  • Line Motion: CONTINUOUS
  • Carton Feeder Type: PICK AND PLACE
  • Type of Closure: HOT MELT GLUE
  • Air Requirements: 6 BAR
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 3
  • Located in: East Sussex, United Kingdom

We buy Uhlmann C 2205 321 250 CPM 6 BAR LEAFLET FEEDER-PREFOLDED 400 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Gera Filtration Technology B020-KS4 100549680508 240 VOLTS 50/60 HERTZ 0.04 in | Hoods

  • Machinery Dimensions: 70.87 x 21.65 x 23.62 in
  • Depth: 1
  • Diameter: 0.04 in
  • Dimension Notes: n/a
  • Serial Number: 100549680508
  • Model: B020-KS4
  • Manufacturer Name: Gera Filtration Technology
  • Voltage: 240 VOLTS
  • Machinery Weight: 1102.30 lb
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Located in: Antwerpen, Belgium

We buy Gera Filtration Technology B020-KS4 100549680508 240 VOLTS 50/60 HERTZ 0.04 in in bulk. Click here to get a free valuation.

Spirent Communications SR8048-Filter NTF350E3 | Miscellaneous

  • Model: SR8048-Filter
  • Serial Number: NTF350E3
  • Machinery Dimensions: 23 x 19 x 6 IN
  • Manufacturer Name: Spirent Communications
  • Machinery Weight: 57 LBS
  • Recommended Packaging Form: 24C (28X24X22)
  • CE Marked: YES
  • Located in: San Jose, CA, USA

We buy Spirent Communications SR8048-Filter NTF350E3 in bulk. Click here to get a free valuation.

Anko Food Machine Co., Ltd. FMB60 | Food Equipment

  • Model: FMB60
  • Manufacturer Name: Anko Food Machine Co., Ltd.
  • Machinery Dimensions: 0.00 x 0.00 x 0.00 in
  • Machinery Weight: 1322.76 lb
  • CE Marked: YES
  • Located in: Europe

We buy Anko Food Machine Co., Ltd. FMB60 in bulk. Click here to get a free valuation.

Roche LC Carousel 40184554 FIXED ANGLE 3000 RPM 115-230 VOLTS 50/60 HERTZ | Miscellaneous

  • Max Speed: 3000 RPM
  • Serial Number: 40184554
  • Model: LC Carousel
  • Manufacturer Name: Roche
  • Machinery Dimensions: 11.81 x 15.75 x 11.81 in
  • Rotor Type: FIXED ANGLE
  • Machinery Weight: 66.14 lb
  • Voltage: 115-230 VOLTS
  • Year: 2002
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Located in: Bridgend , Wales, United Kingdom

We buy Roche LC Carousel 40184554 FIXED ANGLE 3000 RPM 115-230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Unknown | Hand Held Tools/ Power Tools

  • Machinery Dimensions: 24 x 12 x 12 IN
  • Machinery Weight: 10 LBS
  • Recommended Packaging Form: 20C (28X20X20)
  • Located in: Costa Rica

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

TECNOEUROPA unknown | Check Weighers

  • Manufacturer Name: TECNOEUROPA
  • Machinery Dimensions: 78.74 x 51.18 x 78.74 in
  • Year: 1987
  • Machinery Weight: 1102.30 lb
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

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

MG2 GTL30M P015 50cc Bottles 90 PSI RSC RESHIPPER 460 VOLTS 60 HERTZ | Case Packers

  • Machinery Weight: 5200 LBS
  • Machinery Dimensions: 240 x 204 x 120 IN
  • Case Size or Range: 6x6x10
  • Pack Arrangement: 6x4x2 Double Stack
  • Type of Case: RSC RESHIPPER
  • Products Run: Bottles with or without Outserts
  • Product Sizing: 50cc Bottles
  • Model: GTL30M
  • Serial Number: P015
  • Manufacturer Name: MG2
  • Case Sealing: TAPE
  • Type of Packer: PICK & PLACE
  • Voltage: 460 VOLTS
  • Air Requirements: 90 PSI
  • Year: 2005
  • CE Marked: YES
  • Phase: 3
  • Frequency: 60 HERTZ
  • Recommended Packaging Form: PALLET
  • Located in: MA, USA

We buy MG2 GTL30M P015 50cc Bottles 90 PSI RSC RESHIPPER 460 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Skan HFC-EVO 900 30016473.03 | Miscellaneous

  • Serial Number: 30016473.03
  • Machinery Dimensions: 43.31 x 33.46 x 53.15 in
  • Model: HFC-EVO 900
  • Manufacturer Name: Skan
  • Machinery Weight: 396.83 lb
  • Year: 2015
  • Recommended Packaging Form: CUSTOM
  • Located in: Basel, Basel, Switzerland

We buy Skan HFC-EVO 900 30016473.03 in bulk. Click here to get a free valuation.

Agilent Technologies G1956B | Chromatography

  • Machinery Weight: 110 LBS
  • Machinery Dimensions: 40 x 30 x 48 IN
  • Machinery Dimensions: 48 x 46 x 48 IN
  • Machinery Weight: 250 LBS
  • Machinery Dimensions: 40 x 42 x 48 IN
  • Machinery Weight: 450 LBS
  • Model: G1956B
  • Manufacturer Name: Agilent Technologies
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: North America

We buy Agilent Technologies G1956B in bulk. Click here to get a free valuation.

CAM MC | Packaging Lines

  • Machinery Dimensions: 19.69 x 19.69 x 23.62 in
  • Model: MC
  • Manufacturer Name: CAM
  • Machinery Weight: 110.23 lb
  • Located in: Europe, Bulgaria

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

Quimis Q955P1 220 VOLTS 60 HERTZ 160 KW | Vacuum Pumps

  • Machinery Dimensions: 9.06 x 5.12 x 9.84 in
  • Machinery Dimensions: 9.06 x 4.72 x 9.84 in
  • Current: 160 KW
  • Model: Q955P1
  • Manufacturer Name: Quimis
  • Machinery Weight: 19.84 lb
  • Voltage: 220 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 60 HERTZ
  • Located in: Sao Paulo, Brazil

We buy Quimis Q955P1 220 VOLTS 60 HERTZ 160 KW in bulk. Click here to get a free valuation.

Agilent Technologies 6890 230 VOLTS 50/60 HERTZ | Gas Chromatographs (GC)

  • Machinery Dimensions: 39.37 x 23.62 x 39.37 in
  • Model: 6890
  • Manufacturer Name: Agilent Technologies
  • Machinery Weight: 132.28 lb
  • Voltage: 230 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Antwerpen, Belgium

We buy Agilent Technologies 6890 230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

J. S. Petzholdt PVS 5000 7345/1969 575 VOLTS 60 HERTZ | Chocolates

  • Serial Number: 7345/1969
  • Model: PVS 5000
  • Manufacturer Name: J. S. Petzholdt
  • Year: 1969
  • Voltage: 575 VOLTS
  • Machinery Weight: 1 LBS
  • Machinery Dimensions: 1 x 1 x 1 IN
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: ON, Canada

We buy J. S. Petzholdt PVS 5000 7345/1969 575 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Lohenner 2000 Litre 98074 CARBON STEEL 528.52 gal 11 BAR 43.31 in 70.87 in 59.06 in | Pressure Vessels

  • Machinery Dimensions: 90.55 x 51.18 x 70.87 in
  • Model: 2000 Litre
  • Type of Heads: 3
  • Internal Pressure Rating: 11 BAR
  • Capacity Size of Vessel: 528.52 gal
  • Serial Number: 98074
  • Manufacturer Name: Lohenner
  • Type of Bottom: 1
  • Inside Diameter: 43.31 in
  • Internal Temperature Rating: 50 DEG C
  • Straight Side: 59.06 in
  • Overall Height: 70.87 in
  • Tank Material of Construction: CARBON STEEL
  • Vertical or Horizontal: HORIZONTAL
  • Machinery Weight: 1322.76 lb
  • Year: 2017
  • CE Marked: YES
  • Agitation: NO
  • Jacketed: NO
  • Located in: East Sussex, United Kingdom

We buy Lohenner 2000 Litre 98074 CARBON STEEL 528.52 gal 11 BAR 43.31 in 70.87 in 59.06 in in bulk. Click here to get a free valuation.

Baker Perkins Ltd 18.8 KW | Mixers

  • Machinery Weight: 13668.52 lb
  • Machinery Dimensions: 219.96 x 31.97 x 66.57 in
  • Current: 18.8 KW
  • Type of mixer: CONTINUOUS
  • Manufacturer Name: Baker Perkins Ltd
  • Located in: Europe

We buy Baker Perkins Ltd 18.8 KW in bulk. Click here to get a free valuation.

Seidenader V90 | Inspection Machines

  • Model: V90
  • Manufacturer Name: Seidenader
  • Machinery Dimensions: 157.48 x 59.06 x 78.74 in
  • Machinery Weight: 1102.30 lb
  • Year: 2007
  • CE Marked: YES
  • Located in: Orleans, France

We buy Seidenader V90 in bulk. Click here to get a free valuation.

Hermle Labortechnik Z206A 60120002 230 VOLTS 50/60 HERTZ 0.55 AMPS | Laboratory Centrifuges

  • Machinery Dimensions: 13.78 x 11.81 x 11.81 in
  • Current: 0.55 AMPS
  • Max Speed: 6000rpm
  • Serial Number: 60120002
  • Model: Z206A
  • Manufacturer Name: Hermle Labortechnik
  • Machinery Weight: 55.12 lb
  • Voltage: 230 VOLTS
  • CE Marked: YES
  • Year: 2012
  • Frequency: 50/60 HERTZ
  • Located in: Medan, Indonesia

We buy Hermle Labortechnik Z206A 60120002 230 VOLTS 50/60 HERTZ 0.55 AMPS in bulk. Click here to get a free valuation.

Dionex DX-500 / DX500 / DX 500 | Ion Chromatography

  • Model: DX-500 / DX500 / DX 500
  • Manufacturer Name: Dionex
  • Located in: North America

We buy Dionex DX-500 / DX500 / DX 500 in bulk. Click here to get a free valuation.

Bohle VMA 600 1020935001. 158.56 gal 400 VOLTS 50 HERTZ 250 AMPS STAINLESS STEEL | Granulators

  • Machinery Dimensions: 78.74 x 98.43 x 118.11 in
  • Current: 250 AMPS
  • Capacity Size: 158.56 gal
  • Serial Number: 1020935001.
  • Model: VMA 600
  • Manufacturer Name: Bohle
  • Voltage: 400 VOLTS
  • Material of Construction: STAINLESS STEEL
  • Machinery Weight: 11023.00 lb
  • Year: 2011
  • Frequency: 50 HERTZ
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: Austria

We buy Bohle VMA 600 1020935001. 158.56 gal 400 VOLTS 50 HERTZ 250 AMPS STAINLESS STEEL in bulk. Click here to get a free valuation.

Portmann Instruments AG SD02 513, 519, 520 230 VOLTS 50 HERTZ 200 WATTS | Miscellaneous

  • Machinery Dimensions: 17.72 x 3.94 x 20.47 in
  • Model: SD02
  • Serial Number: 513, 519, 520
  • Manufacturer Name: Portmann Instruments AG
  • Current: 200 WATTS
  • Machinery Weight: 33.07 lb
  • Voltage: 230 VOLTS
  • Frequency: 50 HERTZ
  • CE Marked: NO
  • Phase: 1
  • Recommended Packaging Form: PALLET
  • Located in: Basel, Basel, Switzerland

We buy Portmann Instruments AG SD02 513, 519, 520 230 VOLTS 50 HERTZ 200 WATTS in bulk. Click here to get a free valuation.

Applied Materials Inc 0010-25624 04911-7 35-50 LBS 145 PSI | Actuators

  • Serial Number: 04911-7
  • 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 04911-7 35-50 LBS 145 PSI in bulk. Click here to get a free valuation.

Olympus STM 110 VOLTS | Microscopes

  • Model: STM
  • Manufacturer Name: Olympus
  • Machinery Dimensions: 24 x 24 x 24 IN
  • Machinery Weight: 85 LBS
  • Voltage: 110 VOLTS
  • Phase: 1
  • Located in: North America

We buy Olympus STM 110 VOLTS in bulk. Click here to get a free valuation.

Zanasi RV – 59 / R | Fillers

  • Machinery Dimensions: 59.06 x 55.12 x 74.80 in
  • Model: RV – 59 / R
  • Manufacturer Name: Zanasi
  • Machinery Weight: 3306.90 lb
  • Type of Filler: ROTARY
  • Recommended Packaging Form: PALLET
  • Located in: Europe

We buy Zanasi RV – 59 / R in bulk. Click here to get a free valuation.

Air Liquide Healthcare Arpege 110 220-240 VOLTS 50/60 HERTZ | Cryogenic Support Equipment

  • Machinery Weight: 94.80 lb
  • Machinery Dimensions: 22.83 x 22.83 x 39.37 in
  • Model: Arpege 110
  • Manufacturer Name: Air Liquide Healthcare
  • Voltage: 220-240 VOLTS
  • Frequency: 50/60 HERTZ
  • CE Marked: NO
  • Phase: 1
  • Located in: Antwerpen, Belgium

We buy Air Liquide Healthcare Arpege 110 220-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Aczet Pvt.Ltd. CY 124 | Balances

  • Model: CY 124
  • Manufacturer Name: Aczet Pvt.Ltd.
  • Located in: North America

We buy Aczet Pvt.Ltd. CY 124 in bulk. Click here to get a free valuation.

MEDIPAC ROMACO MTF8 400 VOLTS 50/60 HERTZ 10 AMPS | Feeders and Straighteners

  • Machinery Dimensions: 157.48 x 61.81 x 96.46 in
  • Model: MTF8
  • Manufacturer Name: MEDIPAC ROMACO
  • Current: 10 AMPS
  • Voltage: 400 VOLTS
  • Machinery Weight: 1543.22 lb
  • Year: 2006
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: Europe

We buy MEDIPAC ROMACO MTF8 400 VOLTS 50/60 HERTZ 10 AMPS in bulk. Click here to get a free valuation.

Rohde and Schwarz CMW-Z24 101981 | Miscellaneous

  • Serial Number: 101981
  • Machinery Dimensions: 20 x 19 x 3 IN
  • Model: CMW-Z24
  • Manufacturer Name: Rohde and Schwarz
  • Machinery Weight: 9 LBS
  • Recommended Packaging Form: 24C (28X24X22)
  • Located in: San Jose, CA, USA

We buy Rohde and Schwarz CMW-Z24 101981 in bulk. Click here to get a free valuation.

Schroder and Co Symex 4.5 Liters +2 BAR | Homogenizers

  • Machinery Dimensions: 30 x 24 x 34 IN
  • Pressure Rating: +2 BAR
  • Temperature Rating: 131 DEG C
  • Capacity Details: 4.5 Liters
  • Model: Symex
  • Manufacturer Name: Schroder and Co
  • Machinery Weight: 150 LBS
  • Year: 1999
  • CE Marked: NO
  • Recommended Packaging Form: PALLET
  • Located in: North America

We buy Schroder and Co Symex 4.5 Liters +2 BAR in bulk. Click here to get a free valuation.

Jewett LR37B 67063-400 120 VOLTS 60 HERTZ 9.50 AMPS | Refrigerators

  • Machinery Weight: 601 LBS
  • Machinery Dimensions: 60 x 33 x 74 IN
  • Current: 9.50 AMPS
  • Model: LR37B
  • Serial Number: 67063-400
  • Manufacturer Name: Jewett
  • Type of Refrigerator: UPRIGHT
  • Phase: 1
  • Voltage: 120 VOLTS
  • Recommended Packaging Form: CUSTOM PALLET
  • Frequency: 60 HERTZ
  • Located in: CA, USA

We buy Jewett LR37B 67063-400 120 VOLTS 60 HERTZ 9.50 AMPS in bulk. Click here to get a free valuation.

Ohaus MB45 B419579166 200/240 VOLTS 50 HERTZ 2 AMPS 45 G 0.001 G | Moisture Analyzers

  • Readability: 0.001 G
  • Capacity: 45 G
  • Model: MB45
  • Serial Number: B419579166
  • Manufacturer Name: Ohaus
  • Machinery Dimensions: 13.78 x 13.78 x 11.81 in
  • Voltage: 200/240 VOLTS
  • Current: 2 AMPS
  • Machinery Weight: 11.02 lb
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 1
  • Located in: Medan, Indonesia

We buy Ohaus MB45 B419579166 200/240 VOLTS 50 HERTZ 2 AMPS 45 G 0.001 G in bulk. Click here to get a free valuation.

Thermo Electron Corporation ULT1490-9-A33 023R-228829-PR 115 VOLTS 60 HERTZ 16 AMPS | Freezers

  • Machinery Dimensions: 33 x 72 x 41 IN
  • Type of Freezer: CHEST
  • Temperature Range: -86 DEG C
  • Model: ULT1490-9-A33
  • Serial Number: 023R-228829-PR
  • Manufacturer Name: Thermo Electron Corporation
  • Machinery Weight: 500 Pounds
  • Current: 16 AMPS
  • Voltage: 115 VOLTS
  • CE Marked: NO
  • Phase: 1
  • Recommended Packaging Form: CUSTOM PALLET
  • Frequency: 60 HERTZ
  • Located in: MA, USA

We buy Thermo Electron Corporation ULT1490-9-A33 023R-228829-PR 115 VOLTS 60 HERTZ 16 AMPS in bulk. Click here to get a free valuation.

Westinghouse 40 HP 460 VOLTS 50/60 HERTZ | Miscellaneous

  • Horsepower or Kilowatts: 40 HP
  • Manufacturer Name: Westinghouse
  • Machinery Dimensions: 48 x 40 x 24 IN
  • Machinery Weight: 1800 LBS
  • Voltage: 460 VOLTS
  • Frequency: 50/60 HERTZ
  • Phase: 3
  • Located in: Forest, VA, USA

We buy Westinghouse 40 HP 460 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Binder VDL115 1209047. 230 VOLTS 50/60 HERTZ | Vacuum Ovens

  • Machinery Dimensions: 31.50 x 29.53 x 35.43 in
  • Model: VDL115
  • Serial Number: 1209047.
  • Manufacturer Name: Binder
  • Temperature Range: 200 DEG C
  • Machinery Weight: 66.14 lb
  • Voltage: 230 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Wales, United Kingdom

We buy Binder VDL115 1209047. 230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Semiconductor Process Equip. Corp. SBX5-36 4373 120 VOLTS 60 HERTZ 20 AMPS | Chemical Vapor Deposition

  • Model: SBX5-36
  • Serial Number: 4373
  • Manufacturer Name: Semiconductor Process Equip. Corp.
  • Machinery Dimensions: 60 x 60 x 84 IN
  • Machinery Weight: 1000 LBS
  • Recommended Packaging Form: CUSTOM
  • Current: 20 AMPS
  • Phase: 1
  • Voltage: 120 VOLTS
  • Frequency: 60 HERTZ
  • Located in: CA, USA

We buy Semiconductor Process Equip. Corp. SBX5-36 4373 120 VOLTS 60 HERTZ 20 AMPS in bulk. Click here to get a free valuation.

Centorr Vacuum Industries 241848 34 KW AlN Substrates 460 VOLTS 60 HERTZ 43 AMPS | Furnaces

  • Machinery Weight: 40000 LBS
  • Machinery Dimensions: 234 x 200 x 122 IN
  • Current: 43 AMPS
  • Temperature Range: 2200 DEG C
  • Products Run: AlN Substrates
  • Capacity Size: 34 KW
  • Model: 241848
  • Manufacturer Name: Centorr Vacuum Industries
  • Voltage: 460 VOLTS
  • Year: 2011
  • Recommended Packaging Form: CUSTOM
  • Frequency: 60 HERTZ
  • Located in: North America

We buy Centorr Vacuum Industries 241848 34 KW AlN Substrates 460 VOLTS 60 HERTZ 43 AMPS in bulk. Click here to get a free valuation.

Rohde and Schwarz SMIQ03B 102244 100-240 VOLTS 2,7-1,1 AMPS | Miscellaneous

  • Machinery Dimensions: 19 x 17 x 7 IN
  • Model: SMIQ03B
  • Serial Number: 102244
  • Machinery Weight: 44 Pounds
  • Current: 2,7-1,1 AMPS
  • Manufacturer Name: Rohde and Schwarz
  • Recommended Packaging Form: 20C (28X20X20)
  • Voltage: 100-240 VOLTS
  • CE Marked: YES
  • Phase: 1
  • Located in: San Jose, CA, USA

We buy Rohde and Schwarz SMIQ03B 102244 100-240 VOLTS 2,7-1,1 AMPS in bulk. Click here to get a free valuation.

Aczet Pvt.Ltd. CY 50001H | Balances

  • Model: CY 50001H
  • Manufacturer Name: Aczet Pvt.Ltd.
  • Located in: North America

We buy Aczet Pvt.Ltd. CY 50001H in bulk. Click here to get a free valuation.