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

Surplus Machinery

Applied Materials Inc 0005256 35-50 LBS 145 PSI | Actuators

  • Serial Number: 0005256
  • 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 0005256 35-50 LBS 145 PSI in bulk. Click here to get a free valuation.

IMA SWIFT LIFT 230 VOLTS 50 HERTZ | Feeders and Straighteners

  • Machinery Dimensions: 57.48 x 35.43 x 100.39 in
  • Model: Swift Lift
  • Manufacturer Name: IMA
  • Machinery Weight: 661.38 lb
  • Voltage: 230 VOLTS
  • Year: 2006
  • Frequency: 50 HERTZ
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy IMA SWIFT LIFT 230 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Clifton Europack J 11-EPJ-101 18 BPM 240 VOLTS 50/60 HERTZ 1.2 KW | Fillers

  • Machinery Dimensions: 78.74 x 47.24 x 47.24 in
  • Current: 1.2 KW
  • Air Requirements: 5.3 CU FT/MIN
  • Max operating speed: 18 BPM
  • Application Range (Ex Min/Max Range Size Bottles or Tubes, Shape of Bottle): Bag Width 100 mm - 280 mm Bag Length 150 mm - 360 mm
  • Current Application (Products,Sizes Run and Shape of Bottle): Stand up pouch
  • Model: Europack J
  • Serial Number: 11-EPJ-101
  • Manufacturer Name: Clifton
  • Number of heads: 1
  • Type of Filler: GRAVITY
  • Voltage: 240 VOLTS
  • Machinery Weight: 440.92 lb
  • Year: 2011
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: SK, Canada

We buy Clifton Europack J 11-EPJ-101 18 BPM 240 VOLTS 50/60 HERTZ 1.2 KW in bulk. Click here to get a free valuation.

Elecster OYJ | Fillers

  • Type of Filler: ASEPTIC
  • Manufacturer Name: Elecster OYJ
  • Machinery Weight: 0 LBS
  • Machinery Dimensions: 0 x 0 x 0 IN
  • Located in: Latin America

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

Jofersa 380 VOLTS 50/60 HERTZ | Cutters

  • Manufacturer Name: Jofersa
  • Machinery Dimensions: 0.00 x 0.00 x 0.00 in
  • Machinery Weight: 0.00 lb
  • Voltage: 380 VOLTS
  • Frequency: 50/60 HERTZ
  • Phase: 3
  • Located in: Spain

We buy Jofersa 380 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Unknown 75HT | Miscellaneous Lab Equipment

  • Model: 75HT
  • Located in: North America

We buy Unknown 75HT in bulk. Click here to get a free valuation.

Alfa Laval 3183050104 | Controllers

  • Machinery Weight: 8.82 lb
  • Machinery Dimensions: 11 x 6 x 17.5 IN
  • Type of Controller: ELECTRICAL
  • Model: 3183050104
  • Manufacturer Name: Alfa Laval
  • Located in: South Asia

We buy Alfa Laval 3183050104 in bulk. Click here to get a free valuation.

Agilent Technologies G1601A 100-240 VOLTS 50/60 HERTZ 350 WATTS | Electrophoresis

  • Machinery Dimensions: 20 x 17 x 23 IN
  • Current: 350 WATTS
  • Model: G1601A
  • Machinery Weight: 160 LBS
  • Manufacturer Name: Agilent Technologies
  • Voltage: 100-240 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Located in: MA, USA

We buy Agilent Technologies G1601A 100-240 VOLTS 50/60 HERTZ 350 WATTS in bulk. Click here to get a free valuation.

MARCELL LABBE 2-MINES 621.01 gal STAINLESS STEEL 47.24 in 141.73 in 78.74 in | Tanks

  • Machinery Dimensions: 59.06 x 55.12 x 141.73 in
  • Model: 2-MINES
  • Capacity of Tank: 621.01 gal
  • Manufacturer Name: MARCELL LABBE
  • Straight Side: 78.74 in
  • Inside Diameter: 47.24 in
  • Overall Height: 141.73 in
  • Jacketed: YES
  • Agitation: YES
  • Tank Material of Construction: STAINLESS STEEL
  • Machinery Weight: 3306.90 lb
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy MARCELL LABBE 2-MINES 621.01 gal STAINLESS STEEL 47.24 in 141.73 in 78.74 in in bulk. Click here to get a free valuation.

CAM Partena NMX 15 KW | Blister Packaging Lines

  • Machinery Weight: 9479.78 lb
  • Machinery Dimensions: 377.95 x 122.05 x 102.36 in
  • Capacity Details: Production max Blister/min 600
  • Current: 15 KW
  • Product Sizing: Blister width mm 30-85, Blister length, min mm 60
  • Model: NMX
  • Manufacturer Name: CAM Partena
  • Year: 2006
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy CAM Partena NMX 15 KW in bulk. Click here to get a free valuation.

Continental Can Co C 30 CPM #10 cAN 575 VOLTS 60 HERTZ | Canning Equipment

  • Machinery Dimensions: 72 x 36 x 96 IN
  • Products Run: #10 cAN
  • Product Sizing: 603
  • Model: C
  • Manufacturer Name: Continental Can Co
  • Year: N/A
  • Capacity Speed: 30 CPM
  • Voltage: 575 VOLTS
  • Machinery Weight: 4000 LBS
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: North America

We buy Continental Can Co C 30 CPM #10 cAN 575 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Applied Biosystems 7900HT 279002042 115 VOLTS 50/60 HERTZ | Sequencers

  • Machinery Weight: 270 LBS
  • Machinery Dimensions: 69 x 32 x 25 IN
  • Model: 7900HT
  • Serial Number: 279002042
  • Voltage: 115 VOLTS
  • Manufacturer Name: Applied Biosystems
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: NC, USA

We buy Applied Biosystems 7900HT 279002042 115 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Netzch NM031BY0L06B B115674 220 VOLTS | Screw Pumps

  • Machinery Dimensions: 48.82 x 12.99 x 39.37 in
  • Model: NM031BY0L06B
  • Serial Number: B115674
  • Manufacturer Name: Netzch
  • Year: 2013
  • Machinery Weight: 176.37 lb
  • Voltage: 220 VOLTS
  • Located in: ES, Brazil

We buy Netzch NM031BY0L06B B115674 220 VOLTS in bulk. Click here to get a free valuation.

Haake V26 1200001558102 230 VOLTS 50 HERTZ | Miscellaneous

  • Machinery Dimensions: 31.50 x 11.81 x 17.32 in
  • Model: V26
  • Serial Number: 1200001558102
  • Manufacturer Name: Haake
  • Machinery Weight: 88.18 lb
  • Voltage: 230 VOLTS
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 1
  • Recommended Packaging Form: PALLET
  • Located in: Basel, Basel, Switzerland

We buy Haake V26 1200001558102 230 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

York International YKK8K3H9-EVG 3E520097-01 460 VOLTS 60 HERTZ | Chillers

  • Machinery Weight: 24818 LBS
  • Machinery Dimensions: 17 x 8 x 11 FT
  • Tonnage: 800
  • Temperature Range: 44 - 94 DEG F
  • Model: YKK8K3H9-EVG
  • Serial Number: 3E520097-01
  • Manufacturer Name: York International
  • Hours: 0
  • Voltage: 460 VOLTS
  • Year: 2013
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: TX, USA

We buy York International YKK8K3H9-EVG 3E520097-01 460 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Fedegari ELECTRICALLY HEATED STAINLESS STEEL 400 VOLTS 50 HERTZ 30 AMPS | Depyrogenation Ovens

  • Machinery Dimensions: 55.12 x 70.87 x 78.74 in
  • Temperature Range: 300 DEG F
  • Manufacturer Name: Fedegari
  • Heating or Cooling Source: ELECTRICALLY HEATED
  • Current: 30 AMPS
  • Voltage: 400 VOLTS
  • Material of Construction: STAINLESS STEEL
  • Machinery Weight: 4409.20 lb
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: Europe, Lithuania

We buy Fedegari ELECTRICALLY HEATED STAINLESS STEEL 400 VOLTS 50 HERTZ 30 AMPS in bulk. Click here to get a free valuation.

Teledyne ASX-8000 | HPLC

  • Model: ASX-8000
  • Manufacturer Name: Teledyne
  • Located in: North America

We buy Teledyne ASX-8000 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.

Heraeus Cytoperm 2 96103405 230 VOLTS 50/60 HERTZ | Miscellaneous

  • Serial Number: 96103405
  • Model: Cytoperm 2
  • Machinery Dimensions: 43.31 x 31.50 x 35.43 in
  • Manufacturer Name: Heraeus
  • Machinery Weight: 176.37 lb
  • Voltage: 230 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: Basel, Basel, Switzerland

We buy Heraeus Cytoperm 2 96103405 230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Terex RT100 90 TONS 78 METERS/MIN | Lifts

  • Machinery Weight: 132276.00 lb
  • Machinery Dimensions: 547.24 x 129.76 x 155.51 in
  • Capacity Speed: 78 METERS/MIN
  • Model: RT100
  • Capacity Size: 90 TONS
  • Manufacturer Name: Terex
  • Operation: AUTOMATIC
  • Lifting Device: DRUM
  • Type of Lift: HYDRAULIC
  • Year: 2013
  • Located in: Europe

We buy Terex RT100 90 TONS 78 METERS/MIN in bulk. Click here to get a free valuation.

Buco Warmeaustauscher GmbH Delot E038150 28.14 gal | Cooling Towers

  • Machinery Dimensions: 66.93 x 59.06 x 70.87 in
  • Model: Delot
  • Capacity Size: 28.14 gal
  • Serial Number: E038150
  • Manufacturer Name: Buco Warmeaustauscher GmbH
  • Year: 2003
  • Machinery Weight: 2.20 lb
  • Recommended Packaging Form: CUSTOM
  • Located in: Durango, Mexico

We buy Buco Warmeaustauscher GmbH Delot E038150 28.14 gal in bulk. Click here to get a free valuation.

Rohde and Schwarz CMWC 100192,100122 100-240 VOLTS 50/60 HERTZ 2.2 AMPS | Miscellaneous

  • Serial Number: 100192,100122
  • Model: CMWC
  • Manufacturer Name: Rohde and Schwarz
  • Current: 2.2 AMPS
  • Machinery Dimensions: 42 x 19 x 6 IN
  • Machinery Weight: 32 LBS
  • Recommended Packaging Form: 24C (28X24X22)
  • Voltage: 100-240 VOLTS
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: San Jose, CA, USA

We buy Rohde and Schwarz CMWC 100192,100122 100-240 VOLTS 50/60 HERTZ 2.2 AMPS in bulk. Click here to get a free valuation.

CAM AV 15-70 CPM 380 VOLTS 50 HERTZ | Vertical Cartoners

  • Machinery Weight: 2755.75 lb
  • Machinery Dimensions: 129.92 x 62.99 x 66.93 in
  • Carton Size or Range: Carton length (A) mm 20-115 Carton width (B) mm 15-75 Carton height (C) mm 50-195
  • Speed: 15-70 CPM
  • Line Motion: INTERMITTENT
  • 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 15-70 CPM 380 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Tecnical Desinfeccion 9201268 380 VOLTS 50 HERTZ 2.57 KW | Tunnel Washer

  • Machinery Dimensions: 196.85 x 55.12 x 62.99 in
  • Products Run: Crates
  • Model: Desinfeccion
  • Serial Number: 9201268
  • Manufacturer Name: Tecnical
  • Current: 2.57 KW
  • Machinery Weight: 881.84 lb
  • Voltage: 380 VOLTS
  • Year: 2006
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 3
  • Located in: Spain

We buy Tecnical Desinfeccion 9201268 380 VOLTS 50 HERTZ 2.57 KW in bulk. Click here to get a free valuation.

Varpe V-2000 3669 3000 G 62 CPM 380 VOLTS 50 HERTZ 0.75 KW | Check Weighers

  • Capacity Speed: 62 CPM
  • Model: V-2000
  • Serial Number: 3669
  • Manufacturer Name: Varpe
  • Current: 0.75 KW
  • Capacity Size: 3000 G
  • Machinery Dimensions: 47.24 x 43.31 x 66.93 in
  • Auto Reject: YES
  • Machinery Weight: 440.92 lb
  • Voltage: 380 VOLTS
  • Year: 2013
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 1
  • Located in: Spain

We buy Varpe V-2000 3669 3000 G 62 CPM 380 VOLTS 50 HERTZ 0.75 KW in bulk. Click here to get a free valuation.

Comber STAINLESS STEEL 92.49 gal 5 BAR 6 BAR | Reactors

  • Machinery Weight: 1124.35 lb
  • Machinery Dimensions: 26.77 x 26.77 x 89.76 in
  • Jacket Temperature Rating: 170 DEG C
  • Jacket Pressure Rating: 6 BAR
  • Internal Temperature Rating: 170 DEG C
  • Internal Pressure Rating: 5 BAR
  • Capacity of Reactor: 92.49 gal
  • Manufacturer Name: Comber
  • Agitator Location: TOP
  • Grade of Stainless Steel: 316
  • Agitation: YES
  • Reactor Material of Construction: STAINLESS STEEL
  • Located in: Europe

We buy Comber STAINLESS STEEL 92.49 gal 5 BAR 6 BAR in bulk. Click here to get a free valuation.

Sinclair 10 cubic meters 057-11-06 STAINLESS STEEL 3.5 BAR 90.55 in 133.86 in 74.80 in | Mixing Vessels

  • Machinery Weight: 6724.03 lb
  • Machinery Dimensions: 309.45 x 94.49 x 94.49 in
  • Overall Height: 133.86 in
  • Inside Diameter: 90.55 in
  • Internal Pressure Rating: 3.5 BAR
  • Capacity Size of Vessel: 10 CU M
  • Serial Number: 057-11-06
  • Manufacturer Name: Sinclair
  • Internal Temperature Rating: 185 DEG C
  • Model: 10 Cubic Meters
  • Straight Side: 74.80 in
  • Type of Top Head: DISHED
  • Type of Bottom Head: DISHED
  • Vertical or Horizontal: VERTICAL
  • Full Vacuum: YES
  • Agitation: YES
  • Tank Material of Construction: STAINLESS STEEL
  • Year: 2007
  • CE Marked: YES
  • Jacketed: NO
  • Located in: Lincolnshire, United Kingdom

We buy Sinclair 10 cubic meters 057-11-06 STAINLESS STEEL 3.5 BAR 90.55 in 133.86 in 74.80 in in bulk. Click here to get a free valuation.

Tektronix Inc. TLA612 B010188 100-240 VOLTS 50/60 HERTZ 600 WATTS | Miscellaneous

  • Machinery Dimensions: 18 x 17 x 11 IN
  • Serial Number: B010188
  • Model: TLA612
  • Machinery Weight: 37 Pounds
  • Manufacturer Name: Tektronix Inc.
  • Current: 600 WATTS
  • Recommended Packaging Form: 20C (28X20X20)
  • Voltage: 100-240 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Hillsboro, OR, USA

We buy Tektronix Inc. TLA612 B010188 100-240 VOLTS 50/60 HERTZ 600 WATTS in bulk. Click here to get a free valuation.

Edwards 1.5 | Miscellaneous Lab Equipment

  • Model: 1.5
  • Manufacturer Name: Edwards
  • Located in: North America

We buy Edwards 1.5 in bulk. Click here to get a free valuation.

Beckman Coulter HPRP Module | HPLC

  • Model: HPRP Module
  • Manufacturer Name: Beckman Coulter
  • Located in: North America

We buy Beckman Coulter HPRP Module in bulk. Click here to get a free valuation.

Carrier Corporation 19DK71283CM 42524 460 VOLTS 60 HERTZ | Chillers

  • Serial Number: 42524
  • Machinery Weight: 8500 LBS
  • Machinery Dimensions: 15 x 4 x 6 IN
  • Tonnage: 300
  • Model: 19DK71283CM
  • Manufacturer Name: Carrier Corporation
  • Voltage: 460 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: UT, USA

We buy Carrier Corporation 19DK71283CM 42524 460 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Westfalia Separator AG MSD 60-96-076 1700425 40 HP 5920 RPM 440/460 VOLTS 60 HERTZ STAINLESS STEEL | Clarifiers

  • Machinery Dimensions: 48 x 60 x 60 IN
  • Model: MSD 60-96-076
  • Voltage: 440/460 VOLTS
  • Capacity Speed: 5920 RPM
  • Serial Number: 1700425
  • Manufacturer Name: Westfalia Separator AG
  • Capacity Size: 40 HP
  • Year: 1991
  • Material of Construction: STAINLESS STEEL
  • Recommended Packaging Form: CUSTOM
  • Machinery Weight: 2000 LBS
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Nicaragua

We buy Westfalia Separator AG MSD 60-96-076 1700425 40 HP 5920 RPM 440/460 VOLTS 60 HERTZ STAINLESS STEEL in bulk. Click here to get a free valuation.

Gericke HP 1011 33151030 | Dust Collectors

  • Machinery Dimensions: 118.11 x 78.74 x 118.11 in
  • Model: HP 1011
  • Serial Number: 33151030
  • Manufacturer Name: Gericke
  • Machinery Weight: 5731.96 lb
  • Located in: Medan, Indonesia

We buy Gericke HP 1011 33151030 in bulk. Click here to get a free valuation.

Shimadzu 10A VP | HPLC

  • Model: 10A VP
  • Manufacturer Name: Shimadzu
  • Located in: North America

We buy Shimadzu 10A VP in bulk. Click here to get a free valuation.

ACE World Companies 45 FT 10 TONS | Miscellaneous

  • Machinery Dimensions: 45 x 7 x 5 FT
  • Capacity Size: 10 TONS
  • Span width: 45 FT
  • Lift Style: ELECTRIC
  • Manufacturer Name: ACE World Companies
  • Machinery Weight: 5000 LBS
  • Located in: Skull Valley, UT, USA

We buy ACE World Companies 45 FT 10 TONS in bulk. Click here to get a free valuation.

Lab Line Instruments Inc 2050 230-240 VOLTS 50/60 HERTZ | Miscellaneous

  • Machinery Dimensions: 6.30 x 11.81 x 3.94 in
  • Model: 2050
  • Manufacturer Name: Lab Line Instruments Inc
  • Voltage: 230-240 VOLTS
  • Machinery Weight: 4.41 lb
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • CE Marked: NO
  • Located in: Basel, Basel, Switzerland

We buy Lab Line Instruments Inc 2050 230-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Zeiss Inc. 420 210 101 | Robotics

  • Serial Number: 420 210 101
  • Manufacturer Name: Zeiss Inc.
  • Machinery Dimensions: 19.69 x 19.69 x 15.75 in
  • Machinery Weight: 26.46 lb
  • CE Marked: YES
  • Located in: Antwerpen, Belgium

We buy Zeiss Inc. 420 210 101 in bulk. Click here to get a free valuation.

Labopur Trionyx 220 VOLTS | Fume and Flow Hoods

  • Machinery Dimensions: 35.43 x 39.37 x 47.24 in
  • Model: Trionyx
  • Manufacturer Name: Labopur
  • Machinery Weight: 88.18 lb
  • Year: 2009
  • Voltage: 220 VOLTS
  • Phase: 1
  • Located in: Europe

We buy Labopur Trionyx 220 VOLTS in bulk. Click here to get a free valuation.

Siad Macchine Impianti TEMPO 1250 K11107/10A, 2200071377 40 BAR 40 BAR 220 KW Compressed Air 440 VOLTS 50/60 HERTZ 392 AMPS | Air Compressors

  • Machinery Dimensions: 409.45 x 92.52 x 90.55 in
  • Current: 392 AMPS
  • Horsepower: 220 KW
  • Pressure Rating (Pressure): 40 BAR
  • Capacity Details: According with same Manufacturer and similar model Compressor
  • Products Run: For PET bottle blowing
  • Capacity Speed: 40 BAR
  • Model: TEMPO 1250
  • Capacity Size: 375 CU M/HR
  • Serial Number: K11107/10A, 2200071377
  • Manufacturer Name: Siad Macchine Impianti
  • Produce Being Compressed: Compressed Air
  • Voltage: 440 VOLTS
  • Machinery Weight: 17636.80 lb
  • Year: 2006
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 3
  • Located in: Tehuacan, Puebla, Mexico

We buy Siad Macchine Impianti TEMPO 1250 K11107/10A, 2200071377 40 BAR 40 BAR 220 KW Compressed Air 440 VOLTS 50/60 HERTZ 392 AMPS in bulk. Click here to get a free valuation.

Lab Products Inc | Animal Cages - Swine Caging

  • Machinery Weight: 6400 LBS
  • Machinery Dimensions: 384 x 77 x 85 IN
  • Manufacturer Name: Lab Products Inc
  • Located in: NJ, USA

We buy Lab Products Inc in bulk. Click here to get a free valuation.