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

Surplus Machinery

MJ Research DNA Engine TETRAD2 | PCR and Thermal Cyclers

  • Model: DNA Engine TETRAD2
  • Manufacturer Name: MJ Research
  • Located in: North America

We buy MJ Research DNA Engine TETRAD2 in bulk. Click here to get a free valuation.

Gilson Core Module 3 12CM30040F162320A 230 VOLTS 50/60 HERTZ 20 AMPS | Liquid Handlers

  • Machinery Dimensions: 78.74 x 47.24 x 86.61 in
  • Serial Number: 12CM30040F162320A
  • Model: Core Module 3
  • Manufacturer Name: Gilson
  • Type of Arm: LIQUID HANDLING ARM
  • Machinery Weight: 440.92 lb
  • Voltage: 230 VOLTS
  • CE Marked: YES
  • Year: 2012
  • Frequency: 50/60 HERTZ
  • Current: 20 AMPS
  • Phase: 1
  • Located in: Antwerpen, Belgium

We buy Gilson Core Module 3 12CM30040F162320A 230 VOLTS 50/60 HERTZ 20 AMPS in bulk. Click here to get a free valuation.

Raque Food Systems Inc 4778-1 50/60 HERTZ | Tray Sealers

  • Machinery Dimensions: 302 x 64 x 82 IN
  • Model: 4778-1
  • Manufacturer Name: Raque Food Systems Inc
  • Machinery Weight: 10000 LBS
  • Year: 2007
  • Frequency: 50/60 HERTZ
  • Located in: North America

We buy Raque Food Systems Inc 4778-1 50/60 HERTZ in bulk. Click here to get a free valuation.

Nuaire Inc. NU 425 200 | Hoods

  • Machinery Dimensions: 28 x 24 x 51 IN
  • Model: NU 425 200
  • Manufacturer Name: Nuaire Inc.
  • Machinery Weight: 475 LBS
  • Located in: OK, USA

We buy Nuaire Inc. NU 425 200 in bulk. Click here to get a free valuation.

Prepac 2 BSC 230/380 VOLTS 50/60 HERTZ 10 AMPS | Fillers

  • Model: 2 BSC
  • Manufacturer Name: Prepac
  • Voltage: 230/380 VOLTS
  • Machinery Dimensions: 60 x 60 x 72 IN
  • Type of Filler: VOLUMETRIC
  • Current: 10 AMPS
  • Year: 2006
  • Machinery Weight: 1500 LBS
  • Frequency: 50/60 HERTZ
  • Located in: Nicaragua

We buy Prepac 2 BSC 230/380 VOLTS 50/60 HERTZ 10 AMPS in bulk. Click here to get a free valuation.

Heraeus BBD6220 40166105 230 VOLTS 50/60 HERTZ 5.2 AMPS | Miscellaneous

  • Machinery Dimensions: 34.84 x 36.22 x 30.51 in
  • Temperature Range: 180 DEG C
  • Serial Number: 40166105
  • Model: BBD6220
  • Manufacturer Name: Heraeus
  • CO2 Control: YES
  • Current: 5.2 AMPS
  • Humidity Control: YES
  • Machinery Weight: 264.55 lb
  • Voltage: 230 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Jacketed: NO
  • Phase: 1
  • Located in: Basel, Basel, Switzerland

We buy Heraeus BBD6220 40166105 230 VOLTS 50/60 HERTZ 5.2 AMPS in bulk. Click here to get a free valuation.

Baldwin Filters, Inc. BT-388-10 | Filters

  • Machinery Dimensions: 5 x 5 x 9 IN
  • Model: BT-388-10
  • Manufacturer Name: Baldwin Filters, Inc.
  • Machinery Weight: 2 LBS
  • Year: 2008
  • Located in: North America

We buy Baldwin Filters, Inc. BT-388-10 in bulk. Click here to get a free valuation.

Riken Keiki RM-570 | Detectors

  • Machinery Dimensions: 24 x 17 x 10 IN
  • Model: RM-570
  • Manufacturer Name: Riken Keiki
  • Machinery Weight: 50 LBS
  • Recommended Packaging Form: 20C (28X20X20)
  • Year: 1995
  • Located in: East Asia/Pacific

We buy Riken Keiki RM-570 in bulk. Click here to get a free valuation.

Dionex SFE-703M CO-Solvent Addition Unit | Sample Preparation

  • Model: SFE-703M CO-Solvent Addition Unit
  • Manufacturer Name: Dionex
  • Located in: North America

We buy Dionex SFE-703M CO-Solvent Addition Unit in bulk. Click here to get a free valuation.

Harper International 230/460 VOLTS 50/60 HERTZ | Furnaces

  • Machinery Dimensions: 119 x 46 x 80 IN
  • Manufacturer Name: Harper International
  • Year: 1991
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Machinery Weight: 2000 LBS
  • Phase: 3
  • Voltage: 230/460 VOLTS
  • Located in: North America

We buy Harper International 230/460 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

APV R56SH/200 19363 31 GALS STAINLESS STEEL STAINLESS STEEL STAINLESS STEEL 10 PSI 200 PSI | Heat Exchangers/Condensers

  • Machinery Weight: 4500 LBS
  • Machinery Dimensions: 32 x 55 x 94 IN
  • Products Run: Juice
  • Plate Pressure Rating: 200 PSI
  • Shell Temperature Rating: 80 DEG F
  • Shell Pressure Rating: 10 PSI
  • Orientation: VERTICAL
  • Capacity of Heat Exchanger: 31 GALS
  • Model: R56SH/200
  • Serial Number: 19363
  • Manufacturer Name: APV
  • Year: 1987
  • Frame Material of Construction: STAINLESS STEEL
  • Plate Material of Construction: STAINLESS STEEL
  • Shell Material of Construction: STAINLESS STEEL
  • Type of Heat Exchanger: PLATE AND FRAME
  • CE Marked: NO
  • Located in: WI, USA

We buy APV R56SH/200 19363 31 GALS STAINLESS STEEL STAINLESS STEEL STAINLESS STEEL 10 PSI 200 PSI in bulk. Click here to get a free valuation.

Lee Industries, Inc. 55285-4 150 GALS STAINLESS STEEL 100 PSI 36 IN 60 IN 40.5 IN | Tanks

  • Machinery Dimensions: 45 x 45 x 60 IN
  • Straight Side: 40.5 IN
  • Overall Height: 60 IN
  • Capacity of Tank: 150 GALS
  • Serial Number: 55285-4
  • Jacket Temperature Rating: 338 DEG F
  • Manufacturer Name: Lee Industries, Inc.
  • Inside Diameter: 36 IN
  • Jacket Pressure Rating: 100 PSI
  • Vertical or Horizontal: VERTICAL
  • Jacketed: YES
  • Type of Bottom Head: FLAT
  • Internal Coils: NO
  • Tank Material of Construction: STAINLESS STEEL
  • Machinery Weight: 400 LBS
  • Year: 2008
  • Agitation: NO
  • Located in: MA, USA

We buy Lee Industries, Inc. 55285-4 150 GALS STAINLESS STEEL 100 PSI 36 IN 60 IN 40.5 IN in bulk. Click here to get a free valuation.

Ronchi Mario Srl Mizar - P 24/8 1327 380 VOLTS 50 HERTZ | Liquid Filling Lines

  • Machinery Weight: 27215.79 lb
  • Model: Mizar - P 24/8
  • Serial Number: 1327
  • Manufacturer Name: Ronchi Mario Srl
  • Year: 1990
  • Phase: 3+1
  • Machinery Dimensions: 78.74 x 78.74 x 78.74 in
  • Voltage: 380 VOLTS
  • Frequency: 50 HERTZ
  • Located in: limburg, Belgium

We buy Ronchi Mario Srl Mizar - P 24/8 1327 380 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Vivaniro AG 95095 220-240 VOLTS 50/60 HERTZ 1.34 AMPS | Controllers

  • Machinery Dimensions: 15.75 x 15.75 x 39.37 in
  • Current: 1.34 AMPS
  • Serial Number: 95095
  • Manufacturer Name: Vivaniro AG
  • Machinery Weight: 55.12 lb
  • Voltage: 220-240 VOLTS
  • Frequency: 50/60 HERTZ
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: Switzerland

We buy Vivaniro AG 95095 220-240 VOLTS 50/60 HERTZ 1.34 AMPS in bulk. Click here to get a free valuation.

Keyence MDV9900F 1960FA940851A2C 100-240 VOLTS 50/60 HERTZ | Laser Mark

  • Machinery Weight: 95 LBS
  • Machinery Dimensions: 65 x 11 x 18 IN
  • Model: MDV9900F
  • Serial Number: 1960FA940851A2C
  • Manufacturer Name: Keyence
  • Voltage: 100-240 VOLTS
  • Year: 2012
  • Frequency: 50/60 HERTZ
  • Recommended Packaging Form: PALLET
  • Located in: MA, USA

We buy Keyence MDV9900F 1960FA940851A2C 100-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

GEA GP1200SP 317.11 gal 230/460 VOLTS 50/60 HERTZ 20 AMPS 1200 Liters STAINLESS STEEL | Granulators

  • Machinery Weight: 19620.94 lb
  • Machinery Dimensions: 94.49 x 94.49 x 137.80 in
  • Capacity Details: 1200 Liters
  • Capacity Size: 317.11 gal
  • Model: GP1200SP
  • Manufacturer Name: GEA
  • Material of Construction: STAINLESS STEEL
  • Year: 2001
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Current: 20 AMPS
  • Phase: 3
  • Voltage: 230/460 VOLTS
  • Located in: Europe

We buy GEA GP1200SP 317.11 gal 230/460 VOLTS 50/60 HERTZ 20 AMPS 1200 Liters STAINLESS STEEL in bulk. Click here to get a free valuation.

Bosch Packaging Technology MLD-5120 | Vial Filling Lines

  • Machinery Dimensions: 0.00 x 0.00 x 0.00 in
  • Model: MLD-5120
  • Manufacturer Name: Bosch Packaging Technology
  • Machinery Weight: 0.00 lb
  • Located in: Ireland

We buy Bosch Packaging Technology MLD-5120 in bulk. Click here to get a free valuation.

Gardner Mfg, Co. | Blenders

  • Machinery Dimensions: 78.74 x 51.18 x 59.06 in
  • Manufacturer Name: Gardner Mfg, Co.
  • Type of Blender: DRUM
  • Machinery Weight: 396.83 lb
  • Phase: 1
  • Located in: Europe

We buy Gardner Mfg, Co. in bulk. Click here to get a free valuation.

Dionex SRS Controller | Miscellaneous Lab Equipment

  • Model: SRS Controller
  • Manufacturer Name: Dionex
  • Located in: North America

We buy Dionex SRS Controller in bulk. Click here to get a free valuation.

Goavec Engineering D13225C 04Q010, 31214 39.64 gal STAINLESS STEEL 1 HP 220/110 VOLTS 60 HERTZ 746 WATTS | Tanks

  • Machinery Dimensions: 53.15 x 35.43 x 47.24 in
  • Current: 746 WATTS
  • Voltage: 220/110 VOLTS
  • Model: D13225C
  • Outside Diameter: in
  • RPM: 10000
  • HP or KW: 1 HP
  • Style, Power and Speed of Agitation: Homogenizer
  • Serial Number: 04Q010, 31214
  • Manufacturer Name: Goavec Engineering
  • Capacity of Tank: 39.64 gal
  • Straight Side: in
  • Overall Height: in
  • Inside Diameter: in
  • Type of Top Head: DISHED
  • Grade of Stainless Steel: 316L
  • Type of Bottom Head: DISHED
  • Machinery Weight: 286.60 lb
  • Full Vacuum: YES
  • Installation Type: LEGS
  • Internal Coils: NO
  • Glass Lined - Does Vessel Have Plugs: NO
  • Tank Material of Construction: STAINLESS STEEL
  • Recommended Packaging Form: CUSTOM
  • Agitation: NO
  • Jacketed: NO
  • Phase: 1
  • Frequency: 60 HERTZ
  • Located in: Mexico

We buy Goavec Engineering D13225C 04Q010, 31214 39.64 gal STAINLESS STEEL 1 HP 220/110 VOLTS 60 HERTZ 746 WATTS in bulk. Click here to get a free valuation.

Unknown ATL-S 006 317.11 gal 25 HP | Air Handlers

  • Machinery Dimensions: 153.54 x 92.52 x 92.52 in
  • Capacity Details: 25 HP
  • Model: ATL-S
  • Serial Number: 006
  • Capacity Size: 317.11 gal
  • Machinery Weight: 2.20 lb
  • Recommended Packaging Form: CUSTOM
  • CE Marked: NO
  • Located in: Durango, Mexico

We buy Unknown ATL-S 006 317.11 gal 25 HP in bulk. Click here to get a free valuation.

CMD 12-16 HR 120 BPM 90 PSI 230/460 VOLTS 50/60 HERTZ | Vertical Form Fill Seal Machines

  • Machinery Dimensions: 78.74 x 59.06 x 70.87 in
  • Capacity Speed: 120 BPM
  • Model: 12-16 HR
  • Manufacturer Name: CMD
  • Machinery Weight: 3306.90 lb
  • Air Requirements: 90 PSI
  • Year: 2002
  • Frequency: 50/60 HERTZ
  • Voltage: 230/460 VOLTS
  • Located in: North America

We buy CMD 12-16 HR 120 BPM 90 PSI 230/460 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

National Instruments Co USB-6363 X Series 17D8C2A 30 WATTS | Miscellaneous

  • Serial Number: 17D8C2A
  • Machinery Dimensions: 8 x 7 x 2 IN
  • Current: 30 WATTS
  • Voltage: 11-30 DC VOLTS
  • Model: USB-6363 X Series
  • Manufacturer Name: National Instruments Co
  • Machinery Weight: 1 LBS
  • Recommended Packaging Form: 12C (12X12X12)
  • CE Marked: YES
  • Phase: 1
  • Located in: San Jose, CA, USA

We buy National Instruments Co USB-6363 X Series 17D8C2A 30 WATTS in bulk. Click here to get a free valuation.

Dionex Ultimate 3000 8074397 DIODE ARRAY 220-240 VOLTS 50/60 HERTZ | HPLC

  • Serial Number: 8074397
  • Manufacturer Name: Dionex
  • Model: UltiMate 3000
  • Machinery Dimensions: 0.00 x 0.00 x 0.00 in
  • Machinery Weight: 0.00 lb
  • Type of Detector for HPLC: DIODE ARRAY
  • Voltage: 220-240 VOLTS
  • Year: 2013
  • Type of Pump for HPLC: BINARY
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Located in: Germany

We buy Dionex Ultimate 3000 8074397 DIODE ARRAY 220-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Cato ELE 440 551.15 lb 440 VOLTS 50 HERTZ 2.2 KW | Bin Dumpers

  • Machinery Dimensions: 110.24 x 29.53 x 31.50 in
  • Capacity Size: 551.15 lb
  • Serial Number: 440
  • Model: ELE
  • Manufacturer Name: Cato
  • Current: 2.2 KW
  • Voltage: 440 VOLTS
  • Year: 1992
  • Machinery Weight: 551.15 lb
  • Frequency: 50 HERTZ
  • Phase: 3
  • Located in: Spain

We buy Cato ELE 440 551.15 lb 440 VOLTS 50 HERTZ 2.2 KW in bulk. Click here to get a free valuation.

Applied Biosystems 3500 | Analyzers

  • Machinery Dimensions: 50 x 50 x 50 IN
  • Model: 3500
  • Machinery Weight: 300 LBS
  • Manufacturer Name: Applied Biosystems
  • Located in: North America

We buy Applied Biosystems 3500 in bulk. Click here to get a free valuation.

Dayton 45NC12 4400 LBS | Material Handling

  • Machinery Dimensions: 88 x 44 x 35 IN
  • Model: 45NC12
  • Capacity Size: 4400 LBS
  • Manufacturer Name: Dayton
  • Machinery Weight: 700 LBS
  • Recommended Packaging Form: PALLET
  • Located in: MA, USA

We buy Dayton 45NC12 4400 LBS in bulk. Click here to get a free valuation.

Azzini SpA STAINLESS STEEL 1321.30 gal 1 BAR | Reactors

  • Machinery Dimensions: 29.53 x 29.53 x 89.76 in
  • Internal Pressure Rating: 1 BAR
  • Capacity of Reactor: 1321.30 gal
  • Manufacturer Name: Azzini SpA
  • Agitator Location: TOP
  • Grade of Stainless Steel: 316
  • Agitation: YES
  • Reactor Material of Construction: STAINLESS STEEL
  • Machinery Weight: 2645.52 lb
  • Located in: Europe

We buy Azzini SpA STAINLESS STEEL 1321.30 gal 1 BAR in bulk. Click here to get a free valuation.

Agilent Technologies 1100 Series DIODE ARRAY 100-240 VOLTS 50/60 HERTZ | HPLC

  • Machinery Weight: 165.35 lb
  • Machinery Dimensions: 19.69 x 19.69 x 33.46 in
  • Machinery Weight: 1587.31 lb
  • Machinery Dimensions: 159.45 x 19.69 x 43.31 in
  • Model: 1100 Series
  • Type of Pump for HPLC: QUATERNARY
  • Type of Detector for HPLC: DIODE ARRAY
  • Manufacturer Name: Agilent Technologies
  • Voltage: 100-240 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Located in: Antwerpen, Belgium

We buy Agilent Technologies 1100 Series DIODE ARRAY 100-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Feldmeier Equipment Inc. 70L E-060-03 211.41 gal 1 IN 1 IN 1 IN | Vessels

  • Serial Number: E-060-03
  • Model: 70L
  • Machinery Dimensions: 48 x 48 x 77 IN
  • Inside Diameter: 1 IN
  • Overall Height: 1 IN
  • Outside Diameter: 1 IN
  • Capacity Size: 211.41 gal
  • Manufacturer Name: Feldmeier Equipment Inc.
  • Straight Side (T/T): 1
  • Machinery Weight: 500 LBS
  • Located in: MA, USA

We buy Feldmeier Equipment Inc. 70L E-060-03 211.41 gal 1 IN 1 IN 1 IN in bulk. Click here to get a free valuation.

Mahaffy Materials Handling Limited LLD49 4006 1000 Pounds 575 VOLTS 60 HERTZ 1.4 AMPS | Bin Dumpers

  • Current: 1.4 AMPS
  • Capacity Size: 1000 Pounds
  • Serial Number: 4006
  • Model: LLD49
  • Manufacturer Name: Mahaffy Materials Handling Limited
  • Machinery Weight: 3500 Pounds
  • Voltage: 575 VOLTS
  • Machinery Dimensions: 6 x 6 x 5 FT
  • CE Marked: NO
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: ON, Canada

We buy Mahaffy Materials Handling Limited LLD49 4006 1000 Pounds 575 VOLTS 60 HERTZ 1.4 AMPS in bulk. Click here to get a free valuation.

Instrumentation Laboratory ACL Advance 4080959 120 VOLTS 50/60 HERTZ | Analyzers

  • Machinery Dimensions: 48 x 34 x 22 IN
  • Model: ACL Advance
  • Serial Number: 4080959
  • Manufacturer Name: Instrumentation Laboratory
  • Type: CHEMISTRY
  • Machinery Weight: 500 LBS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Voltage: 120 VOLTS
  • Recommended Packaging Form: PALLET
  • Located in: MA, USA

We buy Instrumentation Laboratory ACL Advance 4080959 120 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Rosenthal SW5-DUBSHEWWG-PLO | Slitters and Slitting Lines

  • Model: SW5-DUBSHEWWG-PLO
  • Manufacturer Name: Rosenthal
  • Machinery Weight: 0 LBS
  • Machinery Dimensions: 0 x 0 x 0 IN
  • Located in: North America

We buy Rosenthal SW5-DUBSHEWWG-PLO in bulk. Click here to get a free valuation.

Waters 2695 K00SM4 212M;C99996 763M;H02SMH 028M PHOTODIODE ARRAY NO PUMP 100/240 VOLTS 50/60 HERTZ 9.5 AMPS | HPLC

  • Serial Number: K00SM4 212M;C99996 763M;H02SMH 028M
  • Type of Detector for HPLC: PHOTODIODE ARRAY
  • Current: 9.5 AMPS
  • Manufacturer Name: Waters
  • Model: 2695
  • Type of Pump for HPLC: NO PUMP
  • Voltage: 100/240 VOLTS
  • Machinery Weight: 132.28 lb
  • Machinery Dimensions: 23.62 x 23.62 x 31.50 in
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Antwerpen, Belgium

We buy Waters 2695 K00SM4 212M;C99996 763M;H02SMH 028M PHOTODIODE ARRAY NO PUMP 100/240 VOLTS 50/60 HERTZ 9.5 AMPS in bulk. Click here to get a free valuation.

Gericke VACUUM CONVEYOR | Conveyors

  • Machinery Dimensions: 72.83 x 43.31 x 39.37 in
  • Manufacturer Name: Gericke
  • Type of Conveyors: VACUUM CONVEYOR
  • Machinery Weight: 440.92 lb
  • Located in: SP, Brazil

We buy Gericke VACUUM CONVEYOR in bulk. Click here to get a free valuation.

Control Techniques NTE-207-Cons-0000 1418C002 5000 RPM 240 VOLTS | Miscellaneous

  • Machinery Dimensions: 12 x 6 x 7 IN
  • Capacity Speed: 5000 RPM
  • Serial Number: 1418C002
  • Model: NTE-207-Cons-0000
  • Manufacturer Name: Control Techniques
  • Machinery Weight: 10 LBS
  • Voltage: 240 VOLTS
  • Year: 2014
  • CE Marked: YES
  • Located in: Forest, VA, USA

We buy Control Techniques NTE-207-Cons-0000 1418C002 5000 RPM 240 VOLTS in bulk. Click here to get a free valuation.

Leybold | Vacuum Pumps

  • Manufacturer Name: Leybold
  • Located in: North America

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

Cleveland Range LLC SET-10 WT4726-064-01 | Miscellaneous

  • Machinery Dimensions: 30 x 29 x 52 IN
  • Model: SET-10
  • Serial Number: WT4726-064-01
  • Manufacturer Name: Cleveland Range LLC
  • Machinery Weight: 500 Pounds
  • Recommended Packaging Form: PALLET
  • Located in: Forest, VA, USA

We buy Cleveland Range LLC SET-10 WT4726-064-01 in bulk. Click here to get a free valuation.

TOK TCA-2500 | Asher

  • Model: TCA-2500
  • Manufacturer Name: TOK
  • Machinery Dimensions: 84 x 48 x 72 IN
  • Year: 1991
  • Machinery Weight: 1500 LBS
  • Recommended Packaging Form: CUSTOM
  • Located in: East Asia/Pacific

We buy TOK TCA-2500 in bulk. Click here to get a free valuation.

Mettler Toledo XPE 205 200 G 0.01 MG 12 VOLTS | Balances

  • Machinery Dimensions: 19.17 x 12.68 x 10.35 in
  • Platform Dimensions: 73 x 78 in
  • Model: XPE 205
  • Degree of Precision: 0.01 MG
  • Capacity Size: 200 G
  • Voltage: 12 VOLTS
  • Manufacturer Name: Mettler Toledo
  • Machinery Weight: 22.05 lb
  • Year: 2017
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Located in: Brazil

We buy Mettler Toledo XPE 205 200 G 0.01 MG 12 VOLTS in bulk. Click here to get a free valuation.