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

Surplus Machinery

Bausch and Strobel KSF 1020 6 BAR 220/380 VOLTS 50 HERTZ | Fillers

  • Machinery Dimensions: 196.85 x 62.99 x 78.74 in
  • Application Range (Ex Min/Max Range Size Bottles or Tubes, Shape of Bottle): Bottle diam: 18.5 ; 19.5; 23.5; 27; 29.5; 28.7; 3; 35.8mm
  • Current Application (Products,Sizes Run and Shape of Bottle): 20, 50, 100ml
  • Model: KSF 1020
  • Voltage: 220/380 VOLTS
  • Manufacturer Name: Bausch and Strobel
  • Year: 1992
  • Type of Filler: ROTARY
  • Air Requirements: 6 BAR
  • Machinery Weight: 4409.20 lb
  • Frequency: 50 HERTZ
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy Bausch and Strobel KSF 1020 6 BAR 220/380 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Mettler Toledo Hi-Speed, Inc. Beltweigh XS 12060521 6800.0 G 120 VOLTS 50/60 HERTZ 8.2 AMPS | Miscellaneous

  • Machinery Dimensions: 62 x 36 x 72 IN
  • Model: Beltweigh XS
  • Capacity Size: 6800.0 G
  • Serial Number: 12060521
  • Manufacturer Name: Mettler Toledo Hi-Speed, Inc.
  • Current: 8.2 AMPS
  • Auto Reject: YES
  • Machinery Weight: 1000 LBS
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Voltage: 120 VOLTS
  • Located in: Forest, VA, USA

We buy Mettler Toledo Hi-Speed, Inc. Beltweigh XS 12060521 6800.0 G 120 VOLTS 50/60 HERTZ 8.2 AMPS in bulk. Click here to get a free valuation.

Crypto Peerless Ltd. Omatic 50/60 HERTZ | Bakery Items

  • Machinery Dimensions: 59.06 x 19.69 x 47.24 in
  • Model: Omatic
  • Manufacturer Name: Crypto Peerless Ltd.
  • Machinery Weight: 1322.76 lb
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • CE Marked: NO
  • Phase: 1
  • Located in: Europe

We buy Crypto Peerless Ltd. Omatic 50/60 HERTZ in bulk. Click here to get a free valuation.

Liebherr Mediline 829528457 220-240 VOLTS 50 HERTZ | Freezers

  • Machinery Dimensions: 24.41 x 23.62 x 32.68 in
  • Serial Number: 829528457
  • Model: Mediline
  • Manufacturer Name: Liebherr
  • Type of Freezer: UPRIGHT
  • Machinery Weight: 99.21 lb
  • Year: 2014
  • Voltage: 220-240 VOLTS
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Located in: Basel, Switzerland

We buy Liebherr Mediline 829528457 220-240 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Canco 08 SF 40 CPM 230/460 VOLTS 60 HERTZ 15.6/7.8 AMPS GAS FLUSH | Seamers

  • Machinery Weight: 3200 LBS
  • Machinery Dimensions: 67 x 59 x 80 IN
  • Sealing: GAS FLUSH
  • Lid Coding: NONE
  • Current: 15.6/7.8 AMPS
  • Model: 08 SF
  • Manufacturer Name: Canco
  • Capacity Speed: 40 CPM
  • CE Marked: NO
  • Recommended Packaging Form: CUSTOM PALLET
  • Phase: 3
  • Frequency: 60 HERTZ
  • Voltage: 230/460 VOLTS
  • Located in: North America

We buy Canco 08 SF 40 CPM 230/460 VOLTS 60 HERTZ 15.6/7.8 AMPS GAS FLUSH 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.

Bruker Daltonics Esquire 2000 | Mass Spectrometers

  • Model: Esquire 2000
  • Manufacturer Name: Bruker Daltonics
  • Located in: North America

We buy Bruker Daltonics Esquire 2000 in bulk. Click here to get a free valuation.

CAM AV 5/6 BAR 380 VOLTS 50 HERTZ | Vertical Cartoners

  • Machinery Dimensions: 124.02 x 62.99 x 70.87 in
  • Air Requirements: 5/6 BAR
  • Machinery Weight: 2755.75 lb
  • Carton Size or Range: Carton length (A) mm 20-115 Carton width (B) mm 15-75 Carton height (C) mm 50-195
  • Line Motion: INTERMITTENT
  • Product Loading: AUTOMATIC
  • Product Handling: VERTICAL
  • Model: AV
  • Manufacturer Name: CAM
  • Voltage: 380 VOLTS
  • Year: 1995
  • Frequency: 50 HERTZ
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy CAM AV 5/6 BAR 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.

Bruker MPA FT-NIR 2941 100-240 VOLTS 50 HERTZ | Spectrometers

  • Machinery Dimensions: 23.62 x 23.62 x 11.81 in
  • Serial Number: 2941
  • Model: MPA FT-NIR
  • Manufacturer Name: Bruker
  • Machinery Weight: 66.14 lb
  • Voltage: 100-240 VOLTS
  • Year: 2015
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 1
  • Located in: Basel, Switzerland

We buy Bruker MPA FT-NIR 2941 100-240 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Moisture Register Products BSP-901 | Moisture Analyzers

  • Machinery Dimensions: 29.53 x 15.75 x 15.75 in
  • Model: BSP-901
  • Manufacturer Name: Moisture Register Products
  • Machinery Weight: 198.41 lb
  • Located in: Medan, Indonesia

We buy Moisture Register Products BSP-901 in bulk. Click here to get a free valuation.

Keithley S40-Q009-12 1285355,1315093 100-240 VOLTS 50/60 HERTZ 140 VA | Miscellaneous

  • Machinery Dimensions: 26 x 19 x 11 IN
  • Current: 140 VA
  • Model: S40-Q009-12
  • Serial Number: 1285355,1315093
  • Manufacturer Name: Keithley
  • Machinery Weight: 42 Pounds
  • 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 Keithley S40-Q009-12 1285355,1315093 100-240 VOLTS 50/60 HERTZ 140 VA in bulk. Click here to get a free valuation.

ADCO Manufacturing AFC-40EC 40-60 CPM 460 VOLTS 60 HERTZ | Vertical Cartoners

  • Machinery Weight: 0 LBS
  • Machinery Dimensions: 0 x 0 x 0 IN
  • Voltage: 460 VOLTS
  • Model: AFC-40EC
  • Speed: 40-60 CPM
  • Manufacturer Name: ADCO Manufacturing
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: North America

We buy ADCO Manufacturing AFC-40EC 40-60 CPM 460 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Instrumentation Laboratory ACL Elite 07100462 115 VOLTS 50/60 HERTZ | Blood Cell Analyzers

  • Machinery Dimensions: 57 x 24 x 24 IN
  • Model: ACL Elite
  • Serial Number: 07100462
  • Manufacturer Name: Instrumentation Laboratory
  • Machinery Weight: 190 LBS
  • Voltage: 115 VOLTS
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: NC, USA

We buy Instrumentation Laboratory ACL Elite 07100462 115 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Mettler Toledo KB 60 S 1892869 132.28 lb 240 VOLTS 50 HERTZ | Scales

  • Serial Number: 1892869
  • Machinery Dimensions: 20.47 x 15.75 x 5.12 in
  • Model: KB 60 S
  • Platform Dimensions: 500 x 400 in
  • Capacity Size: 132.28 lb
  • Manufacturer Name: Mettler Toledo
  • Machinery Weight: 44.09 lb
  • Voltage: 240 VOLTS
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 1
  • Located in: Wales, United Kingdom

We buy Mettler Toledo KB 60 S 1892869 132.28 lb 240 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Square D | Miscellaneous

  • Machinery Dimensions: 30 x 30 x 36 IN
  • Manufacturer Name: Square D
  • Machinery Weight: 40 LBS
  • Recommended Packaging Form: PALLET
  • Located in: Forest, VA, USA

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

Nelpas NP 10 BL A | Fillers

  • Machinery Dimensions: 157.48 x 39.37 x 49.21 in
  • Model: NP 10 BL A
  • Manufacturer Name: Nelpas
  • Type of Filler: INLINE
  • Number of Heads: 2
  • Year: 2018
  • Machinery Weight: 440.92 lb
  • Located in: ES, Brazil

We buy Nelpas NP 10 BL A in bulk. Click here to get a free valuation.

Sartorius Stedim FXC113384 PT1502US-MC1766 264.26 gal 52.28 in 39.37 in 64.96 in 39.37 in | Tanks

  • Style, Power and Speed of Agitation: mixing is possible with a LevMixer from Sartorus Stedim - not included
  • Serial Number: PT1502US-MC1766
  • Machinery Dimensions: 47.24 x 52.28 x 64.96 in
  • Model: FXC113384
  • Outside Diameter: 52.28 in
  • Manufacturer Name: Sartorius Stedim
  • Overall Height: 64.96 in
  • Grade of Stainless Steel: 304L
  • Straight Side: 39.37 in
  • Inside Diameter: 39.37 in
  • Tank Material of Construction: SANITARY STAINLESS STEEL
  • Vertical or Horizontal: VERTICAL
  • Capacity of Tank: 264.26 gal
  • Machinery Weight: 462.97 lb
  • Year: 2016
  • Recommended Packaging Form: CUSTOM
  • Agitation: NO
  • Jacketed: NO
  • Located in: NC, USA

We buy Sartorius Stedim FXC113384 PT1502US-MC1766 264.26 gal 52.28 in 39.37 in 64.96 in 39.37 in in bulk. Click here to get a free valuation.

Alfa Laval MV153S21 1H | Clarifiers

  • Machinery Weight: 50 LBS
  • Machinery Dimensions: 21.65 x 31.50 x 68.90 in
  • Model: MV153S21 1H
  • Year: 1997
  • Manufacturer Name: Alfa Laval
  • Located in: Europe

We buy Alfa Laval MV153S21 1H in bulk. Click here to get a free valuation.

Dionex ASE 200 | Ion Chromatography

  • Model: ASE 200
  • Manufacturer Name: Dionex
  • Located in: North America

We buy Dionex ASE 200 in bulk. Click here to get a free valuation.

Sartorius | Balances

  • Machinery Dimensions: 44.88 x 9.45 x 3.94 in
  • Manufacturer Name: Sartorius
  • Machinery Weight: 66.14 lb
  • Capacity Size: lb
  • Located in: Germany

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

Solbern BF-1 36042 | Food Lines

  • Model: BF-1
  • Serial Number: 36042
  • Manufacturer Name: Solbern
  • Machinery Weight: 1 LBS
  • Machinery Dimensions: 1 x 1 x 1 IN
  • Year: 2009
  • Located in: ON, Canada

We buy Solbern BF-1 36042 in bulk. Click here to get a free valuation.

Holzworth Instrumentation HS9002A 324, 286 | Miscellaneous

  • Serial Number: 324, 286
  • Machinery Weight: 34 LBS
  • Machinery Dimensions: 36 x 16 x 2 IN
  • Model: HS9002A
  • Manufacturer Name: Holzworth Instrumentation
  • Recommended Packaging Form: 20C (28X20X20)
  • Located in: San Jose, CA, USA

We buy Holzworth Instrumentation HS9002A 324, 286 in bulk. Click here to get a free valuation.

Glatt STAINLESS STEEL | Storage Bins

  • Machinery Dimensions: 43.31 x 43.31 x 43.31 in
  • Machinery Weight: 407.85 lb
  • Machinery Dimensions: 44.09 x 44.09 x 53.15 in
  • Manufacturer Name: Glatt
  • Machinery Weight: 368.17 lb
  • Material of Construction: STAINLESS STEEL
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Located in: Sao Paulo, Brazil

We buy Glatt STAINLESS STEEL in bulk. Click here to get a free valuation.

Marel Townsend QX Twin-Nozzle Cooked-Smoked Co-extrusion System | Meat Forming

  • Machinery Dimensions: 98.43 x 9.84 x 13.12 ft
  • Model: Townsend QX Twin-Nozzle Cooked-Smoked Co-extrusion System
  • Manufacturer Name: Marel
  • Machinery Weight: 17636.80 lb
  • Year: 2007
  • CE Marked: YES
  • Located in: Europe

We buy Marel Townsend QX Twin-Nozzle Cooked-Smoked Co-extrusion System in bulk. Click here to get a free valuation.

Hewlett Packard 1100 DE30519147, DE53400598, DE64155360,DE52700485, JP13209613, DIODE ARRAY 120/230 VOLTS 50/60 HERTZ | HPLC

  • Machinery Dimensions: 15.75 x 19.69 x 35.43 in
  • Serial Number: DE30519147, DE53400598, DE64155360,DE52700485, JP13209613,
  • Manufacturer Name: Hewlett Packard
  • Model: 1100
  • Machinery Weight: 165.35 lb
  • Type of Pump for HPLC: QUATERNARY
  • Type of Detector for HPLC: DIODE ARRAY
  • Voltage: 120/230 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Antwerpen, Belgium

We buy Hewlett Packard 1100 DE30519147, DE53400598, DE64155360,DE52700485, JP13209613, DIODE ARRAY 120/230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Dominioni Punto e Pasta TQ250 | Pasta Making Equipment

  • Model: TQ250
  • Manufacturer Name: Dominioni Punto e Pasta
  • Machinery Dimensions: 47.24 x 39.37 x 59.06 in
  • Machinery Weight: 440.92 lb
  • Located in: Europe

We buy Dominioni Punto e Pasta TQ250 in bulk. Click here to get a free valuation.

Douglas Machine M103053 SIDE LOAD 480 VOLTS | Case Packers

  • Machinery Dimensions: 83.5 x 15 x 9 IN
  • Serial Number: M103053
  • Manufacturer Name: Douglas Machine
  • Type of Packer: SIDE LOAD
  • Case Sealing: HOT MELT GLUE
  • Machinery Weight: 4800 LBS
  • Voltage: 480 VOLTS
  • Phase: 3
  • Located in: LA, USA

We buy Douglas Machine M103053 SIDE LOAD 480 VOLTS in bulk. Click here to get a free valuation.

Cientec Equipamentos para Laboratorio Ltda CT-4000 220 VOLTS 60 HERTZ 1500 WATTS | Laboratory Centrifuges

  • Machinery Dimensions: 17.72 x 23.62 x 13.78 in
  • Model: CT-4000
  • Manufacturer Name: Cientec Equipamentos para Laboratorio Ltda
  • Current: 1500 WATTS
  • Machinery Weight: 66.14 lb
  • Refrigerated: YES
  • Voltage: 220 VOLTS
  • Phase: 1
  • Frequency: 60 HERTZ
  • Located in: Brazil

We buy Cientec Equipamentos para Laboratorio Ltda CT-4000 220 VOLTS 60 HERTZ 1500 WATTS in bulk. Click here to get a free valuation.

Fanem 502/3-A HAC–13953 110/220 VOLTS 50/60 HERTZ 125 WATTS | Incubators

  • Machinery Dimensions: 20.28 x 27.95 x 23.82 in
  • Current: 125 WATTS
  • Model: 502/3-A
  • Serial Number: HAC–13953
  • Manufacturer Name: Fanem
  • Voltage: 110/220 VOLTS
  • Machinery Weight: 176.37 lb
  • Year: 2006
  • Frequency: 50/60 HERTZ
  • Located in: SP, Brazil

We buy Fanem 502/3-A HAC–13953 110/220 VOLTS 50/60 HERTZ 125 WATTS in bulk. Click here to get a free valuation.

Edmund Buhler TH 15 6161CL00111 230 VOLTS 50/60 HERTZ 1.6 AMPS | Miscellaneous

  • Machinery Dimensions: 20.47 x 19.69 x 23.62 in
  • Current: 1.6 AMPS
  • Model: TH 15
  • Serial Number: 6161CL00111
  • Manufacturer Name: Edmund Buhler
  • Machinery Weight: 110.23 lb
  • Voltage: 230 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: Bridgend , Wales, United Kingdom

We buy Edmund Buhler TH 15 6161CL00111 230 VOLTS 50/60 HERTZ 1.6 AMPS in bulk. Click here to get a free valuation.

Shima Seiki SVR 112 440 VOLTS 50 HERTZ | Textile Equipment

  • Machinery Dimensions: 9.84 x 2 x 9.84 ft
  • Model: SVR 112
  • Manufacturer Name: Shima Seiki
  • Voltage: 440 VOLTS
  • Year: 2016
  • Machinery Weight: 11023.00 lb
  • Frequency: 50 HERTZ
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: East Asia/Pacific

We buy Shima Seiki SVR 112 440 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Malvern Instruments Inc. 2000 MAL101128; MAL120421; MAL160493; MAL000026; MAL1021479; MAL1021479 100/240 VOLTS 50/60 HERTZ | Miscellaneous

  • Machinery Dimensions: 103 x 51 x 22 IN
  • Serial Number: MAL101128; MAL120421; MAL160493; MAL000026; MAL1021479; MAL1021479
  • Manufacturer Name: Malvern Instruments Inc.
  • Machinery Weight: 260 LBS
  • Model: 2000
  • Voltage: 100/240 VOLTS
  • Frequency: 50/60 HERTZ
  • Located in: Forest, VA, USA

We buy Malvern Instruments Inc. 2000 MAL101128; MAL120421; MAL160493; MAL000026; MAL1021479; MAL1021479 100/240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Neu Trans Systems 440 VOLTS 60 HERTZ STAINLESS STEEL AIR CONVEYOR | Conveyors

  • Machinery Dimensions: 3795.28 x 39.37 x 86.61 in
  • Manufacturer Name: Neu Trans Systems
  • Type of Conveyors: AIR CONVEYOR
  • Type of Feet: STRAIGHT
  • Portable: NO
  • Guide Rails: YES
  • Voltage: 440 VOLTS
  • Machinery Weight: 17636.80 lb
  • Material of Construction: STAINLESS STEEL
  • Recommended Packaging Form: CUSTOM
  • CE Marked: NO
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Latin America

We buy Neu Trans Systems 440 VOLTS 60 HERTZ STAINLESS STEEL AIR CONVEYOR in bulk. Click here to get a free valuation.

Key International Insight 100/240 VOLTS 50/60 HERTZ | Tablet Dedusters

  • Machinery Dimensions: 24 x 20 x 34 IN
  • Model: Insight
  • Manufacturer Name: Key International
  • Machinery Weight: 90 LBS
  • Voltage: 100/240 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 3
  • Located in: VA, USA

We buy Key International Insight 100/240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Busch NP0250.ALL6.000B U082303438 | Miscellaneous

  • Serial Number: U082303438
  • Machinery Dimensions: 70 x 60 x 94 IN
  • Model: NP0250.ALL6.000B
  • Manufacturer Name: Busch
  • Machinery Weight: 1500 LBS
  • Located in: Skull Valley, UT, USA

We buy Busch NP0250.ALL6.000B U082303438 in bulk. Click here to get a free valuation.

Wright Field Ltd | Conveyors

  • Machinery Dimensions: 43.31 x 29.53 x 47.24 in
  • Manufacturer Name: Wright Field Ltd
  • Type of Conveyors: WIRE MESH CONVEYOR
  • Machinery Weight: 242.51 lb
  • Year: 2005
  • Phase: 1
  • Located in: Europe

We buy Wright Field Ltd in bulk. Click here to get a free valuation.

Delfield 6076-SH 154 LBS STAINLESS STEEL 26x29x40 IN 220-230 VOLTS 60 HERTZ 20 AMPS | Freezers

  • Machinery Dimensions: 44 x 32 x 74 IN
  • Chamber Dimensions: 26x29x40 IN
  • Temperature Range: 0-38 DEG F
  • Model: 6076-SH
  • Capacity Size: 154 LBS
  • Manufacturer Name: Delfield
  • Type of Freezer: UPRIGHT
  • Machinery Weight: 650 LBS
  • Voltage: 220-230 VOLTS
  • Material of Construction: STAINLESS STEEL
  • Year: 2013
  • Current: 20 AMPS
  • Phase: 3
  • Frequency: 60 HERTZ
  • Recommended Packaging Form: PALLET
  • Located in: North America

We buy Delfield 6076-SH 154 LBS STAINLESS STEEL 26x29x40 IN 220-230 VOLTS 60 HERTZ 20 AMPS in bulk. Click here to get a free valuation.

Labconco Corporation | Dishwashers

  • Manufacturer Name: Labconco Corporation
  • Machinery Weight: 0 Pounds
  • Machinery Dimensions: 0 x 0 x 0 IN
  • Located in: IN, USA

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

Manesty 4212 8X1NO | Granulators

  • Machinery Dimensions: 51.18 x 31.50 x 59.06 in
  • Serial Number: 8X1NO
  • Model: 4212
  • Manufacturer Name: Manesty
  • Machinery Weight: 385.81 lb
  • Year: 1993
  • Recommended Packaging Form: CUSTOM
  • CE Marked: NO
  • Located in: Spain

We buy Manesty 4212 8X1NO in bulk. Click here to get a free valuation.