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

Surplus Machinery

Caterpillar EP12KRT ETB10-20269 2755.75 lb Sit Down 230 VOLTS 50 HERTZ 13 AMPS | Fork Lift Trucks

  • Machinery Weight: 6679.94 lb
  • Machinery Dimensions: 126.77 x 39.37 x 79.53 in
  • Mast Stages: TRIPLE
  • Side Shift: YES
  • Battery Charger: Yes
  • Fork Size: 1000 long x 100 wide in
  • Stand Up/Sit Down: Sit Down
  • Model: EP12KRT
  • Capacity Size: 2755.75 lb
  • Serial Number: ETB10-20269
  • Manufacturer Name: Caterpillar
  • Lifting Device: FORK
  • Fuel: ELECTRIC
  • Current: 13 AMPS
  • Voltage: 230 VOLTS
  • Frequency: 50 HERTZ
  • Phase: 1
  • Located in: East Sussex, United Kingdom

We buy Caterpillar EP12KRT ETB10-20269 2755.75 lb Sit Down 230 VOLTS 50 HERTZ 13 AMPS in bulk. Click here to get a free valuation.

Shimadzu LC-10AD VP | HPLC

  • Model: LC-10AD VP
  • Manufacturer Name: Shimadzu
  • Located in: North America

We buy Shimadzu LC-10AD VP in bulk. Click here to get a free valuation.

Klein Vacuumtechnik GmbH DKM 3000 510187/1 1664.84 gal STAINLESS STEEL -1 BAR | Vacuum Shelf Dryers

  • Machinery Dimensions: 279.53 x 141.73 x 102.36 in
  • Vacuum Pump Included: NO
  • Number of Shelves: 16
  • Shelf Temperature: 100 °C BAR
  • Shelf Pressure: -1 BAR
  • Capacity Size: 1664.84 gal
  • Model: DKM 3000
  • Serial Number: 510187/1
  • Manufacturer Name: Klein Vacuumtechnik GmbH
  • Year: 1992
  • Machinery Weight: 13227.60 lb
  • Material of Construction: STAINLESS STEEL
  • CE Marked: NO
  • Located in: Germany

We buy Klein Vacuumtechnik GmbH DKM 3000 510187/1 1664.84 gal STAINLESS STEEL -1 BAR in bulk. Click here to get a free valuation.

M and P Engineering Ltd. Rotary Transfer Unit 940101 | Fillers

  • Machinery Dimensions: 74.80 x 114.17 x 78.74 in
  • Serial Number: 940101
  • Number of heads: 18
  • Current Application (Products,Sizes Run and Shape of Bottle): Ravioli
  • Type of Filler: SCALE
  • Model: Rotary Transfer Unit
  • Manufacturer Name: M and P Engineering Ltd.
  • Year: 1994
  • Machinery Weight: 3306.90 lb
  • CE Marked: NO
  • Located in: Lancashire, United Kingdom

We buy M and P Engineering Ltd. Rotary Transfer Unit 940101 in bulk. Click here to get a free valuation.

Mettler Toledo Bohdan | Sample Preparation

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

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

Woojin Machinery CO LTD WS-80NL 950403 26 AMPS 80 TONS 440 VOLTS 60 HERTZ | Misc. Machine Tools / Shop Equipment

  • Machinery Dimensions: 70.87 x 52.76 x 135.83 in
  • Serial Number: 950403
  • Model: WS-80NL
  • Manufacturer Name: Woojin Machinery CO LTD
  • Machinery Weight: 19180.02 lb
  • Capacity Size: 80 TONS
  • Current: 26 AMPS
  • Voltage: 440 VOLTS
  • Year: 1995
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Jalisco, Mexico

We buy Woojin Machinery CO LTD WS-80NL 950403 26 AMPS 80 TONS 440 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Luoyang Bota heavy industry machinery equipment co.,ltd. BDLM3*8 CARBON STEEL 0.75 KW 380 VOLTS 50 HERTZ 30 AMPS | Cutters

  • Machinery Dimensions: 26.25 x 9.84 x 5.91 ft
  • Capacity Speed: 1000 CU FT/MIN
  • Type of Blade: PLASMA
  • Continuous Cutting: YES
  • Capacity: 0.75 KW
  • Model: BDLM3*8
  • Manufacturer Name: Luoyang Bota heavy industry machinery equipment co.,ltd.
  • Current: 30 AMPS
  • Voltage: 380 VOLTS
  • Machinery Weight: 2204.60 lb
  • Year: 2019
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Material of Construction: CARBON STEEL
  • Phase: 3
  • Located in: East Asia/Pacific

We buy Luoyang Bota heavy industry machinery equipment co.,ltd. BDLM3*8 CARBON STEEL 0.75 KW 380 VOLTS 50 HERTZ 30 AMPS in bulk. Click here to get a free valuation.

Glatt GC400 | Conventional Coating Pans

  • Machinery Dimensions: 47.24 x 78.74 x 74.80 in
  • Model: GC400
  • Manufacturer Name: Glatt
  • Year: 1997
  • Machinery Weight: 3306.90 lb
  • Recommended Packaging Form: CUSTOM
  • Located in: Poland

We buy Glatt GC400 in bulk. Click here to get a free valuation.

Hamilton Mircolab Nimbus NMBSFA1875 100-240 VOLTS 50/60 HERTZ 5 AMPS | Liquid Handlers

  • Machinery Weight: 634 LBS
  • Machinery Dimensions: 101 x 43 x 35 IN
  • Model: Mircolab Nimbus
  • Serial Number: NMBSFA1875
  • Manufacturer Name: Hamilton
  • Current: 5 AMPS
  • Voltage: 100-240 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: MA, USA

We buy Hamilton Mircolab Nimbus NMBSFA1875 100-240 VOLTS 50/60 HERTZ 5 AMPS in bulk. Click here to get a free valuation.

Hitachi UA-3150A | Asher

  • Model: UA-3150A
  • Machinery Dimensions: 84 x 60 x 72 IN
  • Year: 1991
  • Manufacturer Name: Hitachi
  • Machinery Weight: 2500 LBS
  • Recommended Packaging Form: CUSTOM
  • Located in: East Asia/Pacific

We buy Hitachi UA-3150A in bulk. Click here to get a free valuation.

Raymond 102T-F45L 102-07-07560 4500 LBS 24 VOLTS | Fork Lift Trucks

  • Serial Number: 102-07-07560
  • Model: 102T-F45L
  • Manufacturer Name: Raymond
  • Stand Up/Sit Down: Stand Up Walking
  • Capacity Size: 4500 LBS
  • Voltage: 24 VOLTS
  • Lifting Device: FORK
  • Fuel: ELECTRIC
  • Machinery Dimensions: 48 x 48 x 48 IN
  • Recommended Packaging Form: CUSTOM
  • Machinery Weight: 2000 LBS
  • Located in: PR, USA

We buy Raymond 102T-F45L 102-07-07560 4500 LBS 24 VOLTS in bulk. Click here to get a free valuation.

Shanklin HS-2 | Flow Wrappers

  • Model: HS-2
  • Manufacturer Name: Shanklin
  • Machinery Weight: 0 LBS
  • Machinery Dimensions: 0 x 0 x 0 IN
  • Located in: North America

We buy Shanklin HS-2 in bulk. Click here to get a free valuation.

MJ Research Alpha Block | PCR and Thermal Cyclers

  • Model: Alpha Block
  • Manufacturer Name: MJ Research
  • Located in: North America

We buy MJ Research Alpha Block in bulk. Click here to get a free valuation.

Aczet Pvt.Ltd. CTB 60H | Balances

  • Model: CTB 60H
  • Manufacturer Name: Aczet Pvt.Ltd.
  • Located in: North America

We buy Aczet Pvt.Ltd. CTB 60H 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.

Ekato SRT-50 10 HP FV/58 PSI HIGH SHEAR 480 VOLTS 60 HERTZ 45 AMPS | Mixers

  • Machinery Dimensions: 71.26 x 53.15 x 79.13 in
  • Heating Cooling Requirements: City Water and/or steam
  • Model: SRT-50
  • Jacket Temperature Rating: 303 DEG F
  • Jacket Pressure Rating: FV/58 PSI
  • Motor HP: 10 HP
  • Manufacturer Name: Ekato
  • Current: 45 AMPS
  • Type of mixer: HIGH SHEAR
  • Jacketed: YES
  • Machinery Weight: 3306.90 lb
  • Year: 2009
  • Recommended Packaging Form: CUSTOM
  • Voltage: 480 VOLTS
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: North America

We buy Ekato SRT-50 10 HP FV/58 PSI HIGH SHEAR 480 VOLTS 60 HERTZ 45 AMPS in bulk. Click here to get a free valuation.

Tomtec 300-205 300-205-138 50/60 PPM 100-240 VOLTS 50/60 HERTZ 3 AMPS | Liquid Handlers

  • Production Capabilities: 50/60 PPM
  • Model: 300-205
  • Serial Number: 300-205-138
  • Manufacturer Name: Tomtec
  • Current: 3 AMPS
  • Machinery Weight: 132.28 lb
  • Voltage: 100-240 VOLTS
  • Machinery Dimensions: 31.50 x 23.62 x 35.43 in
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Recommended Packaging Form: PALLET
  • Located in: Antwerpen, Belgium

We buy Tomtec 300-205 300-205-138 50/60 PPM 100-240 VOLTS 50/60 HERTZ 3 AMPS in bulk. Click here to get a free valuation.

GAMPACK GAP 50P 10 KW 16.000 BPH PET bottles 380 VOLTS 50 HERTZ | Wrappers/Overwrappers/Bundlers

  • Machinery Dimensions: 22.97 x 6.56 x 6.56 ft
  • Film: PRINTED
  • Wrapped Packages/Minute: 45
  • Single/Multipack: single
  • Products Run: PET bottles
  • Capacity Speed: 16.000 BPH
  • Model: GAP 50P
  • Manufacturer Name: GAMPACK
  • Wrapping Method: SHRINK
  • Film Type: SUPPORTED
  • Machinery Weight: 1115.53 lb
  • Capacity Size: 10 KW
  • Phase: 3+1
  • Voltage: 380 VOLTS
  • Year: 2006
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Located in: VD, France

We buy GAMPACK GAP 50P 10 KW 16.000 BPH PET bottles 380 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Connectors Verbindungstechnik AG 120 Liter A-816106 STAINLESS STEEL 15.75 in 29.92 in | Mixing Vessels

  • Serial Number: A-816106
  • Machinery Dimensions: 33.46 x 27.56 x 62.99 in
  • Model: 120 Liter
  • Overall Height: 29.92 in
  • Inside Diameter: 15.75 in
  • Manufacturer Name: Connectors Verbindungstechnik AG
  • Jacketed: YES
  • Tank Material of Construction: STAINLESS STEEL
  • Year: 2008
  • Machinery Weight: 220.46 lb
  • Agitation: NO
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: Switzerland

We buy Connectors Verbindungstechnik AG 120 Liter A-816106 STAINLESS STEEL 15.75 in 29.92 in in bulk. Click here to get a free valuation.

Loma Euroscan 415 VOLTS 60 HERTZ | Metal Detectors

  • Machinery Dimensions: 70.87 x 39.37 x 55.12 in
  • Model: Euroscan
  • Manufacturer Name: Loma
  • Voltage: 415 VOLTS
  • Machinery Weight: 551.15 lb
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Europe

We buy Loma Euroscan 415 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Caterpillar 900F CAT00000L4BZ05551 648 KW 50 HERTZ | Diesel Generators

  • Machinery Weight: 19000 LBS
  • Machinery Dimensions: 252 x 96 x 120 IN
  • Capacity Size: 648 KW
  • Serial Number: CAT00000L4BZ05551
  • Model: 900F
  • Manufacturer Name: Caterpillar
  • Year: 2003
  • Frequency: 50 HERTZ
  • Located in: Medan, Indonesia

We buy Caterpillar 900F CAT00000L4BZ05551 648 KW 50 HERTZ in bulk. Click here to get a free valuation.

Applied Materials Inc 0004583 35-50 LBS 145 PSI | Actuators

  • Serial Number: 0004583
  • 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 0004583 35-50 LBS 145 PSI in bulk. Click here to get a free valuation.

Cermex E472 | Case Packers

  • Machinery Dimensions: 51.18 x 72.83 x 66.93 in
  • Model: E472
  • Manufacturer Name: Cermex
  • Machinery Weight: 1102.30 lb
  • Located in: Europe

We buy Cermex E472 in bulk. Click here to get a free valuation.

Bethlehem Corp | Flakers

  • Machinery Dimensions: 97 x 64 x 67 IN
  • Manufacturer Name: Bethlehem Corp
  • Machinery Weight: 12500 LBS
  • Year: 2002
  • Recommended Packaging Form: CUSTOM
  • Located in: North America

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

Wilo VR-System 2987850 400 VOLTS 50 HERTZ | Switchgears

  • Machinery Dimensions: 17.72 x 33.46 x 80.71 in
  • Serial Number: 2987850
  • Model: VR-System
  • Manufacturer Name: Wilo
  • Phase: 3+1
  • Machinery Weight: 440.92 lb
  • Voltage: 400 VOLTS
  • Year: 2011
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Located in: Greece

We buy Wilo VR-System 2987850 400 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Heraeus Biofuge Fresco 13000 RPM 230 VOLTS 50/60 HERTZ | Miscellaneous

  • Machinery Dimensions: 11.81 x 19.69 x 11.81 in
  • Max Speed: 13000 RPM
  • Model: Biofuge Fresco
  • Manufacturer Name: Heraeus
  • Machinery Weight: 66.14 lb
  • Year: 2004
  • Year: 1996
  • Voltage: 230 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: Basel, Basel, Switzerland

We buy Heraeus Biofuge Fresco 13000 RPM 230 VOLTS 50/60 HERTZ 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.

Tektronix Inc. TDS460 B010705 350MHz; 100MS/s 50/60 HERTZ | Miscellaneous

  • Machinery Dimensions: 20 x 14 x 6 IN
  • Bandwidth: 350MHz; 100MS/s
  • Model: TDS460
  • Serial Number: B010705
  • Manufacturer Name: Tektronix Inc.
  • Machinery Weight: 35 LBS
  • Frequency: 50/60 HERTZ
  • Located in: Salt Lake City, UT, USA

We buy Tektronix Inc. TDS460 B010705 350MHz; 100MS/s 50/60 HERTZ in bulk. Click here to get a free valuation.

Delphax CR 1300 PLUS 230 VOLTS 20 AMPS | Bagger Other

  • Machinery Dimensions: 9.84 x 4.92 x 5.91 ft
  • Recommended Packaging Form: TARIMA
  • Model: CR 1300 PLUS
  • Manufacturer Name: Delphax
  • Frequency: 60
  • Machinery Weight: 661.38 lb
  • CE Marked: DESCONOCIDO
  • Year: 2002
  • Voltage: 230 VOLTS
  • Current: 20 AMPS
  • Phase: 3
  • Located in: Latin America

We buy Delphax CR 1300 PLUS 230 VOLTS 20 AMPS in bulk. Click here to get a free valuation.

Opto Systems Ardis 100 CHILLED WATER Sept 2016 March 2017 Water cooling Diamond, nanotubes 360 VOLTS 50 HERTZ | Chemical Vapor Deposition

  • Voltage: 360 VOLTS
  • Output Media: Diamond, nanotubes
  • Input Media: ?2/??4, ?2/??4/?2, Ar/H2/CH4
  • Inspection Type: LASER
  • Type of Temperature Control: Water cooling
  • Version of System Operating Software: 2000
  • Last Known Date of Operation: March 2017
  • Date of Last PM: Sept 2016
  • Process Capability: CVD diamond growth from gas mixtures
  • Model: Ardis 100
  • Manufacturer Name: Opto Systems
  • Operating System: WINDOWS
  • Machinery Dimensions: 59.06 x 59.06 x 78.74 in
  • Type of Media Handler: WAFER
  • Is the system generic or process specific?: GENERIC
  • Phase: 3+1
  • Any special features on the system?: YES
  • Any upgrade to the system?: NO
  • Is System Running or Powered Off?: RUNNING
  • Fuctional or Non Functional: FUCTIONAL
  • System Facility Requirements: CHILLED WATER
  • Machinery Weight: 2204.60 lb
  • Year: 2011
  • Frequency: 50 HERTZ
  • Recommended Packaging Form: CUSTOM
  • CE Marked: NO
  • Located in: Europe

We buy Opto Systems Ardis 100 CHILLED WATER Sept 2016 March 2017 Water cooling Diamond, nanotubes 360 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Anritsu Corporation MD8430A 6201358529 100-120/200-240 VOLTS 50/60 HERTZ 1200 VA | Miscellaneous

  • Serial Number: 6201358529
  • Machinery Dimensions: 23 x 18 x 13 IN
  • Current: 1200 VA
  • Model: MD8430A
  • Manufacturer Name: Anritsu Corporation
  • Voltage: 100-120/200-240 VOLTS
  • Machinery Weight: 76 LBS
  • Recommended Packaging Form: 24C (28X24X22)
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: San Jose, CA, USA

We buy Anritsu Corporation MD8430A 6201358529 100-120/200-240 VOLTS 50/60 HERTZ 1200 VA in bulk. Click here to get a free valuation.

Cresta | Bakery Items

  • Machinery Dimensions: 141.73 x 33.46 x 55.12 in
  • Manufacturer Name: Cresta
  • Machinery Weight: 881.84 lb
  • Located in: Europe

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

Mettler Toledo XP504 1123421766 520 G 50/60 HERTZ | Balances

  • Machinery Dimensions: 9.84 x 9.84 x 13.78 in
  • Capacity Size: 520 G
  • Model: XP504
  • Serial Number: 1123421766
  • Manufacturer Name: Mettler Toledo
  • Machinery Weight: 22.05 lb
  • Year: 2011
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Located in: Singapore, Singapore

We buy Mettler Toledo XP504 1123421766 520 G 50/60 HERTZ in bulk. Click here to get a free valuation.

Aalborg M3P - 2,5M 10771 5511.50 lb | Boilers

  • Machinery Weight: 2.20 lb
  • Machinery Dimensions: 259.84 x 141.73 x 153.54 in
  • Boiler Type: GAS
  • Model: M3P - 2,5M
  • Capacity Size: 5511.50 lb
  • Serial Number: 10771
  • Year: 2007
  • Manufacturer Name: Aalborg
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Located in: Sao Paulo, Brazil

We buy Aalborg M3P - 2,5M 10771 5511.50 lb 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.

Subtil Crepieux SA alv1061 ELECTRICALLY HEATED STAINLESS STEEL | Autoclaves

  • Machinery Dimensions: 27.56 x 27.56 x 39.37 in
  • Model: alv1061
  • Manufacturer Name: Subtil Crepieux SA
  • Heating or Cooling Source: ELECTRICALLY HEATED
  • Machinery Weight: 330.69 lb
  • Material of Construction: STAINLESS STEEL
  • Year: 1996
  • Located in: Europe

We buy Subtil Crepieux SA alv1061 ELECTRICALLY HEATED STAINLESS STEEL in bulk. Click here to get a free valuation.

Shimadzu EV100 | HPLC

  • Model: EV100
  • Manufacturer Name: Shimadzu
  • Located in: North America

We buy Shimadzu EV100 in bulk. Click here to get a free valuation.

Varian DS 602 | Miscellaneous Lab Equipment

  • Model: DS 602
  • Manufacturer Name: Varian
  • Located in: North America

We buy Varian DS 602 in bulk. Click here to get a free valuation.

Stedi Pac A-010 8014 208 VOLTS 60 HERTZ | Vertical Form Fill Seal Machines

  • Machinery Weight: 900 Pounds
  • Machinery Dimensions: 72 x 56 x 74 IN
  • Serial Number: 8014
  • Model: A-010
  • Manufacturer Name: Stedi Pac
  • Voltage: 208 VOLTS
  • Frequency: 60 HERTZ
  • Located in: NY, USA

We buy Stedi Pac A-010 8014 208 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

IMA Zanasi ZANPLUS 48F PD 1007 48000 CPH 400 VOLTS 60 HERTZ 25 AMPS | Encapsulation Machines and Capsule Fillers

  • Machinery Weight: 2425.06 lb
  • Machinery Dimensions: 4 x 5 x 6 FT
  • Capacity Speed: 48000 CPH
  • Serial Number: PD 1007
  • Model: ZANPLUS 48F
  • Manufacturer Name: IMA Zanasi
  • Current: 25 AMPS
  • Year: 2004
  • Voltage: 400 VOLTS
  • Recommended Packaging Form: CRATE
  • CE Marked: YES
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: ON, Canada

We buy IMA Zanasi ZANPLUS 48F PD 1007 48000 CPH 400 VOLTS 60 HERTZ 25 AMPS in bulk. Click here to get a free valuation.