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

Surplus Machinery

Bausch and Strobel WDS 4001 220/380 VOLTS 50 HERTZ | Fillers

  • Machinery Weight: 2976.21 lb
  • Machinery Dimensions: 114.17 x 74.80 x 78.74 in
  • Voltage: 220/380 VOLTS
  • Model: WDS 4001
  • Type of Filler: VIAL - AMPOULE
  • Manufacturer Name: Bausch and Strobel
  • Frequency: 50 HERTZ
  • Year: 1998
  • Located in: Europe

We buy Bausch and Strobel WDS 4001 220/380 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Shimadzu DGU-20A / LC-20AD / Prominence HPLC System / SPD-20A | HPLC

  • Model: DGU-20A / LC-20AD / Prominence HPLC System / SPD-20A
  • Manufacturer Name: Shimadzu
  • Located in: North America

We buy Shimadzu DGU-20A / LC-20AD / Prominence HPLC System / SPD-20A 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.

Advantech D1400 | Tablet Dedusters

  • Machinery Weight: 132.28 lb
  • Machinery Dimensions: 33.86 x 29.13 x 62.99 in
  • Model: D1400
  • Year: 2004
  • Manufacturer Name: Advantech
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy Advantech D1400 in bulk. Click here to get a free valuation.

PAC SM2000 110 VOLTS 50/60 HERTZ 5 AMPS | Strapping Machines

  • Machinery Dimensions: 24 x 33 x 57 IN
  • Model: SM2000
  • Manufacturer Name: PAC
  • Machinery Weight: 330 LBS
  • Strapping Type: SEMI-AUTOMATIC
  • Current: 5 AMPS
  • Year: 2003
  • Voltage: 110 VOLTS
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: North America

We buy PAC SM2000 110 VOLTS 50/60 HERTZ 5 AMPS in bulk. Click here to get a free valuation.

Rosenmund Inc RND6-376-85 | Filters- Nutsche Filters and Dryers

  • Machinery Dimensions: 180 x 180 x 360 IN
  • Capacity Size: 64.58 sq ft
  • Serial Number: RND6-376-85
  • Manufacturer Name: Rosenmund Inc
  • Year: 1986
  • Machinery Weight: 6000 LBS
  • Located in: NJ, USA

We buy Rosenmund Inc RND6-376-85 in bulk. Click here to get a free valuation.

Lab-Line Instruments 3486M 0599-0137 CARBON STEEL 24 IN 115 VOLTS 50/60 HERTZ | Lab Ovens

  • Machinery Dimensions: 36 x 32 x 30 IN
  • Chamber Dimensions: 24 IN
  • Model: 3486M
  • Serial Number: 0599-0137
  • Manufacturer Name: Lab-Line Instruments
  • Temperature Range: 200 DEG C
  • Machinery Weight: 165 LBS
  • Voltage: 115 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Material of Construction: CARBON STEEL
  • Phase: 1
  • Located in: MA, USA

We buy Lab-Line Instruments 3486M 0599-0137 CARBON STEEL 24 IN 115 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Ozaf 470 800 220 VOLTS 40 KW | Unscramblers

  • Model: 470 800
  • Manufacturer Name: Ozaf
  • Current: 40 KW
  • Machinery Dimensions: 31.50 x 31.50 x 47.24 in
  • Frequency: 50
  • Machinery Weight: 220.46 lb
  • Year: 2006
  • Voltage: 220 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy Ozaf 470 800 220 VOLTS 40 KW in bulk. Click here to get a free valuation.

Fameccanica SUP-STAR 2131 380 VOLTS 50 HERTZ | Paper Converting Equipment

  • Machinery Dimensions: 33 x 7 x 4 IN
  • Serial Number: 2131
  • Model: SUP-STAR
  • Manufacturer Name: Fameccanica
  • Machinery Weight: 44092.00 lb
  • Year: 2003
  • Voltage: 380 VOLTS
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM PALLET
  • Phase: 3
  • Located in: Turkey

We buy Fameccanica SUP-STAR 2131 380 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Tecan Genesis 200 611541 120/230 VOLTS 50/60 HERTZ | Liquid Handlers

  • Machinery Dimensions: 82.68 x 35.43 x 39.37 in
  • Model: Genesis 200
  • Serial Number: 611541
  • Manufacturer Name: Tecan
  • Machinery Weight: 220.46 lb
  • Voltage: 120/230 VOLTS
  • Year: 2002
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Antwerpen, Belgium

We buy Tecan Genesis 200 611541 120/230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Skinetta ASK300b 6 BAR 208 VOLTS 60 HERTZ | Wrappers/Overwrappers/Bundlers

  • Machinery Dimensions: 169 x 44 x 68 IN
  • Model: ASK300b
  • Manufacturer Name: Skinetta
  • Year: 2004
  • Machinery Weight: 4000 LBS
  • Air Requirements: 6 BAR
  • Voltage: 208 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Frequency: 60 HERTZ
  • Located in: MA, USA

We buy Skinetta ASK300b 6 BAR 208 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Anritsu Corporation MT8820C 6200918312 100-120/200-240 VOLTS 50/60 HERTZ 750 VA | Miscellaneous

  • Serial Number: 6200918312
  • Machinery Weight: 43 LBS
  • Current: 750 VA
  • Machinery Dimensions: 23 x 18 x 10 IN
  • Model: MT8820C
  • Manufacturer Name: Anritsu Corporation
  • Voltage: 100-120/200-240 VOLTS
  • Recommended Packaging Form: 24C (28X24X22)
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: San Jose, CA, USA

We buy Anritsu Corporation MT8820C 6200918312 100-120/200-240 VOLTS 50/60 HERTZ 750 VA in bulk. Click here to get a free valuation.

Semiconductor Process Equip. Corp. SBX4-36 4369 208/120 VOLTS 60 HERTZ 30 AMPS | Chemical Vapor Deposition

  • Model: SBX4-36
  • Serial Number: 4369
  • Voltage: 208/120 VOLTS
  • Manufacturer Name: Semiconductor Process Equip. Corp.
  • Machinery Dimensions: 60 x 48 x 84 IN
  • Current: 30 AMPS
  • Machinery Weight: 1000 LBS
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: CA, USA

We buy Semiconductor Process Equip. Corp. SBX4-36 4369 208/120 VOLTS 60 HERTZ 30 AMPS in bulk. Click here to get a free valuation.

Tektronix Inc. TCPA300 B012134, B020565, B020965 | Miscellaneous

  • Machinery Dimensions: 21 x 4 x 7 IN
  • Serial Number: B012134, B020565, B020965
  • Model: TCPA300
  • Manufacturer Name: Tektronix Inc.
  • Machinery Weight: 6 LBS
  • Recommended Packaging Form: 12C (12X12X12)
  • CE Marked: YES
  • Located in: Hillsboro, OR, USA

We buy Tektronix Inc. TCPA300 B012134, B020565, B020965 in bulk. Click here to get a free valuation.

Thunder Group | Miscellaneous

  • Machinery Weight: 99 LBS
  • Machinery Dimensions: 84 x 22 x 70 IN
  • Machinery Weight: 694 LBS
  • Machinery Dimensions: 48 x 40 x 37 IN
  • Manufacturer Name: Thunder Group
  • Recommended Packaging Form: CUSTOM PALLET
  • Recommended Packaging Form: PALLET
  • Located in: San Jose, CA, USA

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

Various | Miscellaneous

  • Machinery Dimensions: 60 x 24 x 19 IN
  • Machinery Dimensions: 45 x 30 x 14 IN
  • Machinery Dimensions: 65 x 25 x 19 IN
  • Machinery Dimensions: 65 x 25 x 25 IN
  • Machinery Dimensions: 50 x 36 x 15 IN
  • Machinery Dimensions: 50 x 36 x 14 IN
  • Machinery Dimensions: 40 x 34 x 14 IN
  • Machinery Dimensions: 60 x 40 x 19 IN
  • Machinery Dimensions: 62 x 20 x 24 IN
  • Manufacturer Name: Various
  • Machinery Weight: 3500 LBS
  • Machinery Weight: 600 LBS
  • Machinery Weight: 650 LBS
  • Machinery Weight: 400 LBS
  • Machinery Weight: 800 LBS
  • Machinery Weight: 500 LBS
  • Machinery Weight: 2200 LBS
  • Located in: Mexico, MO, USA

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

Atlas Copco SF8 AII 502820 762 L/MIN 8 BAR 400 VOLTS 50 HERTZ 7.4 KW | Air Compressors

  • Machinery Dimensions: 47.64 x 37.40 x 65.35 in
  • Current: 7.4 KW
  • Pressure Rating (Pressure): 8 BAR
  • Capacity Speed: 762 L/MIN
  • Model: SF8
  • Serial Number: AII 502820
  • Produce Being Compressed: Air
  • Manufacturer Name: Atlas Copco
  • Voltage: 400 VOLTS
  • Machinery Weight: 1102.30 lb
  • Year: 2002
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 3
  • Located in: Italy

We buy Atlas Copco SF8 AII 502820 762 L/MIN 8 BAR 400 VOLTS 50 HERTZ 7.4 KW in bulk. Click here to get a free valuation.

Boekel Scientific 130000 12v VOLTS | Miscellaneous

  • Machinery Dimensions: 23.62 x 15.75 x 7.87 in
  • Voltage: 12v VOLTS
  • Model: 130000
  • Manufacturer Name: Boekel Scientific
  • Machinery Weight: 22.05 lb
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Located in: Basel, Basel, Switzerland

We buy Boekel Scientific 130000 12v VOLTS in bulk. Click here to get a free valuation.

Quadro Engineering Inc. Comil U5 U5-9000, 10022435, HHM-0055 5500 RPM 380 VOLTS 50/60 HERTZ STAINLESS STEEL | Horizontal Mills

  • Machinery Dimensions: 62.99 x 59.06 x 66.93 in
  • Capacity Speed: 5500 RPM
  • Serial Number: U5-9000, 10022435, HHM-0055
  • Model: Comil U5
  • Manufacturer Name: Quadro Engineering Inc.
  • Capacity Size: lb
  • Machinery Weight: 661.38 lb
  • Voltage: 380 VOLTS
  • Material of Construction: STAINLESS STEEL
  • Year: 2005
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 3
  • Located in: Jalisco, Mexico

We buy Quadro Engineering Inc. Comil U5 U5-9000, 10022435, HHM-0055 5500 RPM 380 VOLTS 50/60 HERTZ STAINLESS STEEL in bulk. Click here to get a free valuation.

Orion 350 | pH Meters

  • Machinery Dimensions: 14 x 10 x 4 IN
  • Model: 350
  • Manufacturer Name: Orion
  • Machinery Weight: 5 LBS
  • Recommended Packaging Form: CUSTOM
  • Located in: PR, USA

We buy Orion 350 in bulk. Click here to get a free valuation.

Aeromatic PMA 600 T6 | Granulators

  • Machinery Weight: 3858.05 lb
  • Machinery Dimensions: 118.11 x 98.43 x 118.11 in
  • Model: PMA 600 T6
  • Manufacturer Name: Aeromatic
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: Europe

We buy Aeromatic PMA 600 T6 in bulk. Click here to get a free valuation.

Micromass Q-TOF Ultima Global GA028 230 VOLTS 50/60 HERTZ 10 AMPS | Mass Spectrometers

  • Machinery Dimensions: 57.09 x 35.43 x 51.18 in
  • Model: Q-TOF Ultima Global
  • Serial Number: GA028
  • Manufacturer Name: Micromass
  • Machinery Weight: 992.07 lb
  • Current: 10 AMPS
  • Voltage: 230 VOLTS
  • Type of Mass Spec: Q-TOF
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Europe, Lithuania

We buy Micromass Q-TOF Ultima Global GA028 230 VOLTS 50/60 HERTZ 10 AMPS 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.

Dionex UCI-50 8014517, 8014518 | Chromatography

  • Machinery Dimensions: 23.62 x 9.84 x 3.94 in
  • Model: UCI-50
  • Serial Number: 8014517, 8014518
  • Capacity Details: 2 Chanels each one
  • Manufacturer Name: Dionex
  • Frequency: HERTZ
  • Voltage: VOLTS
  • Machinery Weight: 110.23 lb
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Located in: Distrito Federal, Mexico

We buy Dionex UCI-50 8014517, 8014518 in bulk. Click here to get a free valuation.

Sofast TX 652 DF | Sterilizers

  • Machinery Dimensions: 57.48 x 36.22 x 42.52 in
  • Model: TX 652 DF
  • Manufacturer Name: Sofast
  • Machinery Weight: 1322.76 lb
  • Year: 1999
  • Located in: Europe

We buy Sofast TX 652 DF in bulk. Click here to get a free valuation.

Rohde and Schwarz CMW-Z24 101171 | Miscellaneous

  • Serial Number: 101171
  • 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 101171 in bulk. Click here to get a free valuation.

Tecan 12901000181 220-240 VOLTS 50/60 HERTZ | Microplate Readers

  • Machinery Dimensions: 51.18 x 31.50 x 35.43 in
  • Serial Number: 12901000181
  • Manufacturer Name: Tecan
  • Machinery Weight: 154.32 lb
  • Voltage: 220-240 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Antwerpen, Belgium

We buy Tecan 12901000181 220-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Axon Instruments GenePix 4100A 100-240 VOLTS 50/60 HERTZ 2 AMPS | Microarray Scanner

  • Machinery Dimensions: 35.04 x 35.04 x 25.59 in
  • Model: GenePix 4100A
  • Manufacturer Name: Axon Instruments
  • Current: 2 AMPS
  • Machinery Weight: 77.16 lb
  • Year: 2003
  • Voltage: 100-240 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Europe

We buy Axon Instruments GenePix 4100A 100-240 VOLTS 50/60 HERTZ 2 AMPS in bulk. Click here to get a free valuation.

Kaps-All Packaging Systems EB-550 9374 50/60 HERTZ 110 VOLTS | Miscellaneous

  • Serial Number: 9374
  • Machinery Dimensions: 11 x 11 x 8 IN
  • Model: EB-550
  • Manufacturer Name: Kaps-All Packaging Systems
  • Machinery Weight: 14 LBS
  • Voltage: 110 VOLTS
  • Recommended Packaging Form: 12C (12X12X12)
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Forest, VA, USA

We buy Kaps-All Packaging Systems EB-550 9374 50/60 HERTZ 110 VOLTS in bulk. Click here to get a free valuation.

Sani Fab 71266301 STAINLESS STEEL 0.26 gal 85 PSI 1 IN 1 IN 1 IN | Miscellaneous

  • Internal Temperature Rating: 200 DEG F
  • Internal Pressure Rating: 85 PSI
  • Capacity Size of Vessel: 0.26 gal
  • Serial Number: 71266301
  • Manufacturer Name: Sani Fab
  • Machinery Dimensions: 36 x 36 x 72 IN
  • Inside Diameter: 1 IN
  • Overall Height: 1 IN
  • Straight Side: 1 IN
  • Type of Bottom: Dished
  • Type of Heads: Dished
  • Year: 1997
  • Tank Material of Construction: STAINLESS STEEL
  • Machinery Weight: 500 LBS
  • Agitation: NO
  • Jacketed: NO
  • Located in: Lakeville, MN, USA

We buy Sani Fab 71266301 STAINLESS STEEL 0.26 gal 85 PSI 1 IN 1 IN 1 IN in bulk. Click here to get a free valuation.

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

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

C Pack Ltd Co SS3000 60 TPM 230 VOLTS 50 HERTZ | Tray Packers

  • Machinery Dimensions: 86.61 x 29.53 x 55.12 in
  • Model: SS3000
  • Manufacturer Name: C Pack Ltd Co
  • Capacity Speed: 60 TPM
  • Machinery Weight: 440.92 lb
  • Year: 2013
  • Voltage: 230 VOLTS
  • Frequency: 50 HERTZ
  • Phase: 1
  • Located in: Europe

We buy C Pack Ltd Co SS3000 60 TPM 230 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Branson Ultrasonic Corporation P2075MFC M960450 | Asher

  • Machinery Dimensions: 38 x 23 x 59 IN
  • Model: P2075MFC
  • Serial Number: M960450
  • Manufacturer Name: Branson Ultrasonic Corporation
  • Year: 1986
  • Machinery Weight: 900 LBS
  • Recommended Packaging Form: CUSTOM
  • Located in: MA, USA

We buy Branson Ultrasonic Corporation P2075MFC M960450 in bulk. Click here to get a free valuation.

Thermo Fisher Scientific Multiskan 250 VOLTS 50/60 HERTZ 3.5 AMPS | Spectrophotometers

  • Machinery Weight: 24 Pounds
  • Machinery Dimensions: 12.6 x 16.5 x 5.5 IN
  • Current: 3.5 AMPS
  • Model: Multiskan
  • Manufacturer Name: Thermo Fisher Scientific
  • Voltage: 250 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: North America

We buy Thermo Fisher Scientific Multiskan 250 VOLTS 50/60 HERTZ 3.5 AMPS in bulk. Click here to get a free valuation.

VideoJet Excel 1781AF 1596m12013 240 VOLTS 50/60 HERTZ 2/1 AMPS | Printers

  • Serial Number: 1596m12013
  • Machinery Dimensions: 20 x 16 x 60 IN
  • Model: Excel 1781AF
  • Current: 2/1 AMPS
  • Manufacturer Name: VideoJet
  • Machinery Weight: 150 LBS
  • Voltage: 240 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 3
  • Recommended Packaging Form: PALLET
  • Located in: MA, USA

We buy VideoJet Excel 1781AF 1596m12013 240 VOLTS 50/60 HERTZ 2/1 AMPS in bulk. Click here to get a free valuation.

Aczet Pvt.Ltd. CM 5 | Balances

  • Model: CM 5
  • Manufacturer Name: Aczet Pvt.Ltd.
  • Located in: North America

We buy Aczet Pvt.Ltd. CM 5 in bulk. Click here to get a free valuation.

Edwards XDS5C | Miscellaneous Lab Equipment

  • Model: XDS5C
  • Manufacturer Name: Edwards
  • Located in: North America

We buy Edwards XDS5C in bulk. Click here to get a free valuation.

Caliper Life Sciences Twister II T21037N0499 100-240 VOLTS 50/60 HERTZ | Miscellaneous

  • Machinery Dimensions: 23.62 x 25.59 x 37.40 in
  • Serial Number: T21037N0499
  • Model: Twister II
  • Manufacturer Name: Caliper Life Sciences
  • Machinery Weight: 132.28 lb
  • Voltage: 100-240 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Recommended Packaging Form: PALLET
  • Located in: Basel, Basel, Switzerland

We buy Caliper Life Sciences Twister II T21037N0499 100-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

GEA Niro Aeromatic SIROCCO Dfi300-F1/2 Satin 02548.0010, 183052, KA03020863 STAINLESS STEEL 230 liters 220 VOLTS 60 HERTZ | Fluid Bed Dryers

  • Machinery Weight: 13999.21 lb
  • Machinery Dimensions: 624.02 x 118.11 x 137.80 in
  • Capacity Details: 230 liters
  • Batch or Continuous: CONTINUOUS
  • Model: SIROCCO Dfi300-F1/2 Satin
  • Capacity Size: 2500 CU M/HR
  • Serial Number: 02548.0010, 183052, KA03020863
  • Manufacturer Name: GEA Niro Aeromatic
  • Number of Product Containers: 1
  • Year: 2003
  • Material of Construction: STAINLESS STEEL
  • Voltage: 220 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Mexico

We buy GEA Niro Aeromatic SIROCCO Dfi300-F1/2 Satin 02548.0010, 183052, KA03020863 STAINLESS STEEL 230 liters 220 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Hamo t21 | Washers

  • Machinery Dimensions: 47.24 x 39.37 x 78.74 in
  • Model: t21
  • Manufacturer Name: Hamo
  • Machinery Weight: 2204.60 lb
  • Located in: Europe

We buy Hamo t21 in bulk. Click here to get a free valuation.