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

Surplus Machinery

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.

J Engelsmann AG Stav 2003 14520 230 VOLTS 50 HERTZ 30 WATTS | Meters

  • Machinery Dimensions: 9.84 x 9.84 x 11.81 in
  • Model: Stav 2003
  • Serial Number: 14520
  • Manufacturer Name: J Engelsmann AG
  • Current: 30 WATTS
  • Machinery Weight: 22.05 lb
  • Year: 2001
  • Voltage: 230 VOLTS
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 1
  • Located in: Medan, Indonesia

We buy J Engelsmann AG Stav 2003 14520 230 VOLTS 50 HERTZ 30 WATTS in bulk. Click here to get a free valuation.

UltraSource Inc. Rhino 10 230 VOLTS 60 HERTZ 15 AMPS 100 PSI | Tray Sealers

  • Machinery Weight: 2670 LBS
  • Machinery Dimensions: 145.10 x 47.09 x 66.92 IN
  • Model: Rhino 10
  • Manufacturer Name: UltraSource Inc.
  • Air Requirements: 100 PSI
  • Year: 2016
  • Voltage: 230 VOLTS
  • Current: 15 AMPS
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: North America

We buy UltraSource Inc. Rhino 10 230 VOLTS 60 HERTZ 15 AMPS 100 PSI in bulk. Click here to get a free valuation.

Axon Instruments PatchXpress 7000A 19181224 | Immunoassay Analyzers

  • Machinery Dimensions: 43.31 x 90.55 x 66.93 in
  • Model: PatchXpress 7000A
  • Serial Number: 19181224
  • Manufacturer Name: Axon Instruments
  • Machinery Weight: 1102.30 lb
  • Recommended Packaging Form: CUSTOM
  • Located in: United Kingdom

We buy Axon Instruments PatchXpress 7000A 19181224 in bulk. Click here to get a free valuation.

Romaco Promatic P150 150 CPM REVERSE TUCK LEAFLET FEEDER-PREFOLDED 415 VOLTS 50 HERTZ | Horizontal Cartoners

  • Machinery Dimensions: 137.80 x 70.87 x 62.99 in
  • Model: Promatic P150
  • Speed: 150 CPM
  • Carton Size or Range: Minimum carton dimensions of 20mm x 15mm x 60mm and maximum of 100mm x 85mm x 150mm
  • Manufacturer Name: Romaco
  • Accessories: LEAFLET FEEDER-PREFOLDED
  • Closure: REVERSE TUCK
  • Line Motion: INTERMITTENT
  • Product Loading: AUTOMATIC
  • Type of Closure: TUCK
  • Voltage: 415 VOLTS
  • Product Handling: HORIZONTAL
  • Machinery Weight: 4409.20 lb
  • Frequency: 50 HERTZ
  • Year: 1998
  • Phase: 3
  • Located in: Bucks, United Kingdom

We buy Romaco Promatic P150 150 CPM REVERSE TUCK LEAFLET FEEDER-PREFOLDED 415 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Dionex Corporation DIODE ARRAY 100-220 VOLTS 50/60 HERTZ | HPLC

  • Manufacturer Name: Dionex Corporation
  • Machinery Dimensions: 20.47 x 35.43 x 24.80 in
  • Voltage: 100-220 VOLTS
  • Type of Detector for HPLC: DIODE ARRAY
  • Machinery Weight: 176.37 lb
  • Type of Pump for HPLC: BINARY
  • CE Marked: YES
  • Year: 2012
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Germany

We buy Dionex Corporation DIODE ARRAY 100-220 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

WATERS Alliance Acquity / Acquity QDa Detector | HPLC

  • Model: Acquity / Acquity QDa Detector
  • Manufacturer Name: WATERS Alliance
  • Located in: North America

We buy WATERS Alliance Acquity / Acquity QDa Detector in bulk. Click here to get a free valuation.

Mettler Toledo Hi-Speed, Inc. XXL | Miscellaneous

  • Model: XXL
  • Manufacturer Name: Mettler Toledo Hi-Speed, Inc.
  • Machinery Dimensions: 48 x 36 x 48 IN
  • Auto Reject: YES
  • Machinery Weight: 500 Pounds
  • Located in: Leipsic, OH, USA

We buy Mettler Toledo Hi-Speed, Inc. XXL in bulk. Click here to get a free valuation.

Gericke GM25S BLWR 3101 1533620 4800 RPM 48 KW | Blowers

  • Serial Number: 1533620
  • Current: 48 KW
  • Capacity Speed: 4800 RPM
  • Model: GM25S BLWR 3101
  • Manufacturer Name: Gericke
  • Machinery Weight: 385.81 lb
  • Machinery Dimensions: 39.37 x 39.37 x 59.06 in
  • Year: 2015
  • Located in: Medan, Indonesia

We buy Gericke GM25S BLWR 3101 1533620 4800 RPM 48 KW in bulk. Click here to get a free valuation.

Stephan MC15 400 VOLTS 50 HERTZ | Food Grinders

  • Model: MC15
  • Product Hopper Size: 50L
  • Manufacturer Name: Stephan
  • Machinery Dimensions: 27.56 x 23.62 x 47.24 in
  • Machinery Weight: 330.69 lb
  • Voltage: 400 VOLTS
  • Frequency: 50 HERTZ
  • Phase: 3
  • Located in: Europe

We buy Stephan MC15 400 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

BOC 240 VOLTS 50 HERTZ | Tray Loaders

  • Machinery Dimensions: 59.06 x 39.37 x 59.06 in
  • Manufacturer Name: BOC
  • Voltage: 240 VOLTS
  • Year: 1999
  • Capacity Speed: 0
  • Machinery Weight: 881.84 lb
  • Frequency: 50 HERTZ
  • Phase: 1
  • Located in: Europe

We buy BOC 240 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Apex Inc ISFC 125x100-200 150061-02 STAINLESS STEEL 45 KW 16 BAR 380-415/3/50 VOLTS 50/60 HERTZ 68.6 AMPS | Centrifugal Pumps

  • Machinery Weight: 1115.53 lb
  • Machinery Dimensions: 18.11 x 9.06 x 27.56 in
  • Current: 68.6 AMPS
  • Voltage: 380-415/3/50 VOLTS
  • Pressure Rating (Pressure): 16 BAR
  • Pressure Rating (Temperature): 40 DEG C
  • RPM: 2530
  • Horsepower: 45 KW
  • Outlet Size: Flange BS4504 PN16 in
  • Inlet Size: Flange BS4504 PN16 in
  • Capacity Speed: 200 CU M/HR
  • Model: ISFC 125x100-200
  • Serial Number: 150061-02
  • Manufacturer Name: Apex Inc
  • Recommended Packaging Form: 19C (22X15X13)
  • Material of Construction: STAINLESS STEEL
  • Year: 2015
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 3
  • Located in: Co. Tipperary, Ireland

We buy Apex Inc ISFC 125x100-200 150061-02 STAINLESS STEEL 45 KW 16 BAR 380-415/3/50 VOLTS 50/60 HERTZ 68.6 AMPS in bulk. Click here to get a free valuation.

SMS HBB15-1.5--A+ | Miscellaneous Lab Equipment

  • Model: HBB15-1.5--A+
  • Manufacturer Name: SMS
  • Located in: North America

We buy SMS HBB15-1.5--A+ in bulk. Click here to get a free valuation.

JustRite 25450 45 GALS | Miscellaneous

  • Model: 25450
  • Manufacturer Name: JustRite
  • Machinery Dimensions: 19 x 43 x 66 IN
  • Capacity Size: 45 GALS
  • Machinery Weight: 250 LBS
  • Recommended Packaging Form: PALLET
  • Located in: Forest, VA, USA

We buy JustRite 25450 45 GALS in bulk. Click here to get a free valuation.

TNA Solutions R3CI-180TX-RSJ-1S T301-3099R 250 BPM 230/460 VOLTS 50/60 HERTZ 5 AMPS | Vertical Form Fill Seal Machines

  • Current: 5 AMPS
  • Serial Number: T301-3099R
  • Machinery Dimensions: 70.87 x 3.54 x 75.59 in
  • Capacity Speed: 250 BPM
  • Model: R3CI-180TX-RSJ-1S
  • Manufacturer Name: TNA Solutions
  • Machinery Weight: 2204.60 lb
  • CE Marked: YES
  • Year: 2012
  • Frequency: 50/60 HERTZ
  • Phase: 3
  • Voltage: 230/460 VOLTS
  • Located in: Colombia

We buy TNA Solutions R3CI-180TX-RSJ-1S T301-3099R 250 BPM 230/460 VOLTS 50/60 HERTZ 5 AMPS in bulk. Click here to get a free valuation.

Charles Ross and Son Co. PD-2 230/460 VOLTS 60 HERTZ 6 AMPS | Mixers

  • Machinery Weight: 1015 LBS
  • Machinery Dimensions: 48 x 40 x 71 IN
  • Model: PD-2
  • Type of mixer: CONVENTIONAL
  • Manufacturer Name: Charles Ross and Son Co.
  • Current: 6 AMPS
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Frequency: 60 HERTZ
  • Voltage: 230/460 VOLTS
  • Located in: North America

We buy Charles Ross and Son Co. PD-2 230/460 VOLTS 60 HERTZ 6 AMPS in bulk. Click here to get a free valuation.

UNIPAC ROMACO Silver 120 2.5 KW SADDLE FOLD 8 BAR 220 VOLTS 60 HERTZ 12 AMPS | Tube Filling Lines

  • Machinery Dimensions: 108 x 72 x 96 IN
  • Current: 12 AMPS
  • Type of tube run: METAL
  • Type of seal for tube filler: SADDLE FOLD
  • Capacity Size: 2.5 KW
  • Model: Silver 120
  • Manufacturer Name: UNIPAC ROMACO
  • Air Requirements: 8 BAR
  • Machinery Weight: 4000 LBS
  • Year: 1996
  • Voltage: 220 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: North America

We buy UNIPAC ROMACO Silver 120 2.5 KW SADDLE FOLD 8 BAR 220 VOLTS 60 HERTZ 12 AMPS in bulk. Click here to get a free valuation.

APV R51 26592 STAINLESS STEEL STAINLESS STEEL STAINLESS STEEL STAINLESS STEEL | Heat Exchangers/Condensers

  • Machinery Weight: 1984.14 lb
  • Machinery Dimensions: 124.02 x 34.25 x 98.43 in
  • Plate Dimensions: 430 x 1500 mm
  • Model: R51
  • Serial Number: 26592
  • Orientation: VERTICAL
  • Manufacturer Name: APV
  • Tube Material of Construction: STAINLESS STEEL
  • 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
  • Recommended Packaging Form: CUSTOM
  • Located in: Nuevo Leon, Mexico

We buy APV R51 26592 STAINLESS STEEL STAINLESS STEEL STAINLESS STEEL STAINLESS STEEL in bulk. Click here to get a free valuation.

Thermo Scientific MSQ Plus SINGLE QUAD 230 VOLTS | Mass Spectrometers

  • Machinery Dimensions: 36 x 24 x 36 IN
  • Model: MSQ Plus
  • Manufacturer Name: Thermo Scientific
  • Machinery Weight: 150 LBS
  • Type of Mass Spec: SINGLE QUAD
  • Voltage: 230 VOLTS
  • Recommended Packaging Form: CRATE
  • Located in: IA, USA

We buy Thermo Scientific MSQ Plus SINGLE QUAD 230 VOLTS in bulk. Click here to get a free valuation.

Savant Instruments Inc. Speed Vac Plus SC110A | Laboratory Centrifuges

  • Model: Speed Vac Plus SC110A
  • Manufacturer Name: Savant Instruments Inc.
  • Located in: North America

We buy Savant Instruments Inc. Speed Vac Plus SC110A in bulk. Click here to get a free valuation.

Ingersoll Rand Centac C310MX3-4C1 10000 KW | Air Compressors

  • Machinery Weight: 70547.20 lb
  • Machinery Dimensions: 12 x 12 x 12 FT
  • Capacity Size: 10000 KW
  • Model: Centac C310MX3-4C1
  • Manufacturer Name: Ingersoll Rand
  • Year: 2002
  • Located in: Co. Meath, Ireland

We buy Ingersoll Rand Centac C310MX3-4C1 10000 KW in bulk. Click here to get a free valuation.

Capsulit 428/T2 10 cc unknown BPM 7200 BPH unknown BPM HOT AIR unknown BAR 220 VOLTS 50 HERTZ 70 WATTS | Fillers

  • Max operating speed: 7200 BPH
  • Application Range (Ex Min/Max Range Size Bottles or Tubes, Shape of Bottle): Format range cc 5-300
  • Current Application (Products,Sizes Run and Shape of Bottle): 10 cc
  • Type of Filler: SYRINGE
  • Model: 428/T2
  • Manufacturer Name: Capsulit
  • Machinery Dimensions: 118.11 x 59.06 x 78.74 in
  • Current: 70 WATTS
  • Air Requirements: unknown BAR
  • Plunger Station: NO
  • Needle Station: NO
  • Vibratory Settling or Load Cell for Auger Filler: no
  • Trim/Decorative Station for Tube Filler: NO
  • Lot and Date Coding for Tube Filler: NO
  • Minimum operating speed: unknown BPM
  • Average operating speed: unknown BPM
  • Year: 1985
  • Type of tube run: PLASTIC
  • Type of seal for tube filler: HOT AIR
  • Can Seller Provide a Sample of Product Run: no
  • Machinery Weight: 4409.20 lb
  • Frequency: 50 HERTZ
  • Voltage: 220 VOLTS
  • Recommended Packaging Form: CUSTOM
  • CE Marked: NO
  • Phase: 3
  • Located in: Europe

We buy Capsulit 428/T2 10 cc unknown BPM 7200 BPH unknown BPM HOT AIR unknown BAR 220 VOLTS 50 HERTZ 70 WATTS in bulk. Click here to get a free valuation.

Manesty BB4 380 VOLTS 60 HERTZ | Tablet Presses

  • Machinery Weight: 2519.86 lb
  • Machinery Dimensions: 39.37 x 41.46 x 72.20 in
  • Maximum capacity (tablets per minute or hour): 54,000 – 162,000 TPH
  • Model: BB4
  • No. of Stations: 27
  • Manufacturer Name: Manesty
  • Year: 2000
  • Voltage: 380 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Europe

We buy Manesty BB4 380 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Applied Materials Inc 0010-25624 21110-2 35-50 LBS 145 PSI | Actuators

  • Serial Number: 21110-2
  • 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 21110-2 35-50 LBS 145 PSI in bulk. Click here to get a free valuation.

Endecotts AS 200 10045-13 240 VOLTS 50 HERTZ | Sieves or Sifters

  • Machinery Dimensions: 50.39 x 15.75 x 25.59 in
  • Model: AS 200
  • Serial Number: 10045-13
  • Manufacturer Name: Endecotts
  • Voltage: 240 VOLTS
  • Machinery Weight: 121.25 lb
  • Year: 2013
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 1
  • Located in: Italy

We buy Endecotts AS 200 10045-13 240 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Kendro Laboratory Products HeraCell 40206608 230 VOLTS 50/60 HERTZ 2.4 AMPS | Incubators

  • Machinery Dimensions: 770 x 640 x 870 IN
  • Temperature Range: 55u. 90 DEG C
  • Serial Number: 40206608
  • Current: 2.4 AMPS
  • Model: HeraCell
  • Manufacturer Name: Kendro Laboratory Products
  • Machinery Weight: 60 LBS
  • Voltage: 230 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: Switzerland

We buy Kendro Laboratory Products HeraCell 40206608 230 VOLTS 50/60 HERTZ 2.4 AMPS in bulk. Click here to get a free valuation.

Illumina CBot2 100-220 VOLTS 50/60 HERTZ | Miscellaneous

  • Machinery Weight: 68.34 lb
  • Machinery Dimensions: 24.41 x 14.96 x 18.11 in
  • Model: CBot2
  • Manufacturer Name: Illumina
  • Voltage: 100-220 VOLTS
  • Year: 2013
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Basel, Basel, Switzerland

We buy Illumina CBot2 100-220 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Treif | Food Dicer

  • Manufacturer Name: Treif
  • Located in: Europe

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

Genie SLA-10 5596-9960 DRUM lb | Lifts

  • Machinery Dimensions: 55.12 x 59.06 x 78.74 in
  • Model: SLA-10
  • Capacity Size: DRUM lb
  • Serial Number: 5596-9960
  • Manufacturer Name: Genie
  • Operation: MANUAL
  • Type of Lift: DRUM
  • Machinery Weight: 330.69 lb
  • CE Marked: NO
  • Located in: Queretaro, Mexico

We buy Genie SLA-10 5596-9960 DRUM lb in bulk. Click here to get a free valuation.

Aczet Pvt.Ltd. CY 3102 | Balances

  • Model: CY 3102
  • Manufacturer Name: Aczet Pvt.Ltd.
  • Located in: North America

We buy Aczet Pvt.Ltd. CY 3102 in bulk. Click here to get a free valuation.

Nuaire Inc. AWEL CF 48-R | Laboratory Centrifuges

  • Model: AWEL CF 48-R
  • Manufacturer Name: Nuaire Inc.
  • Located in: North America

We buy Nuaire Inc. AWEL CF 48-R in bulk. Click here to get a free valuation.

Koppens PR400 | Food Equipment

  • Model: PR400
  • Manufacturer Name: Koppens
  • Machinery Dimensions: 78.74 x 39.37 x 64.96 in
  • Machinery Weight: 661.38 lb
  • Located in: Europe

We buy Koppens PR400 in bulk. Click here to get a free valuation.

Korsch ph650 | Presses

  • Model: ph650
  • Manufacturer Name: Korsch
  • Machinery Dimensions: 59.06 x 59.06 x 78.74 in
  • Machinery Weight: 4409.20 lb
  • Located in: Europe

We buy Korsch ph650 in bulk. Click here to get a free valuation.

EMD 4926 | Rail Cars

  • Machinery Dimensions: 40 x 8 x 10 FT
  • Model: 4926
  • Manufacturer Name: EMD
  • Machinery Weight: 100000 LBS
  • Year: 1957
  • Located in: North America

We buy EMD 4926 in bulk. Click here to get a free valuation.

Globe Pharma Mini Press - 1 220 VOLTS 60 HERTZ | Tablet Presses

  • Machinery Weight: 2200 Pounds
  • Machinery Dimensions: 3 x 3 x 5 FT
  • No. of Stations: 10
  • Model: Mini Press - 1
  • Manufacturer Name: Globe Pharma
  • Keyed upper punch bores: YES
  • Voltage: 220 VOLTS
  • Phase: 1
  • Frequency: 60 HERTZ
  • Recommended Packaging Form: PALLET
  • Located in: ON, Canada

We buy Globe Pharma Mini Press - 1 220 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Semiconductor Process Equip. Corp. Sphalt8-36 208 VOLTS 60 HERTZ 40 AMPS | Chemical Vapor Deposition

  • Machinery Dimensions: 96 x 56 x 85 IN
  • Model: Sphalt8-36
  • Manufacturer Name: Semiconductor Process Equip. Corp.
  • Current: 40 AMPS
  • Machinery Weight: 1500 LBS
  • Voltage: 208 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: CA, USA

We buy Semiconductor Process Equip. Corp. Sphalt8-36 208 VOLTS 60 HERTZ 40 AMPS in bulk. Click here to get a free valuation.

Kemper Filter Master 84 202849 | Extractors

  • Machinery Dimensions: 58.27 x 25.98 x 40.55 in
  • Serial Number: 202849
  • Model: Filter Master 84
  • Manufacturer Name: Kemper
  • Machinery Weight: 661.38 lb
  • Year: 2008
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Located in: Jalisco, Mexico

We buy Kemper Filter Master 84 202849 in bulk. Click here to get a free valuation.

Skinetta SK 600 6 BAR 400 VOLTS 50 HERTZ 20 AMPS | Bundlers

  • Machinery Dimensions: 106.30 x 82.68 x 47.24 in
  • Product Sizing: 610 mmx 325 mm
  • Model: SK 600
  • Manufacturer Name: Skinetta
  • Machinery Weight: 4850.12 lb
  • Year: 1993
  • Voltage: 400 VOLTS
  • Air Requirements: 6 BAR
  • Frequency: 50 HERTZ
  • Current: 20 AMPS
  • Phase: 3
  • Located in: Europe

We buy Skinetta SK 600 6 BAR 400 VOLTS 50 HERTZ 20 AMPS in bulk. Click here to get a free valuation.

MaSipack VS 400 20121265 4.41 lb 30 BPM Powder Paints 380 VOLTS 50/60 HERTZ | Vertical Form Fill Seal Machines

  • Machinery Weight: 5092.63 lb
  • Machinery Dimensions: 187.01 x 66.93 x 216.54 in
  • Products Run: Powder Paints
  • Capacity Speed: 30 BPM
  • Serial Number: 20121265
  • Model: VS 400
  • Manufacturer Name: MaSipack
  • Capacity Size: 4.41 lb
  • Voltage: 380 VOLTS
  • Year: 2012
  • Frequency: 50/60 HERTZ
  • Phase: 3
  • Located in: Brazil

We buy MaSipack VS 400 20121265 4.41 lb 30 BPM Powder Paints 380 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Bruker S2 Ranger 205389 220 VOLTS 60 HERTZ 3.636 AMPS | Analytical Equipment

  • Machinery Weight: 211 LBS
  • Machinery Dimensions: 23.4 x 31.3 x 25.4 IN
  • Current: 3.636 AMPS
  • Model: S2 Ranger
  • Serial Number: 205389
  • Manufacturer Name: Bruker
  • Year: 2010
  • Voltage: 220 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 60 HERTZ
  • Located in: Brazil

We buy Bruker S2 Ranger 205389 220 VOLTS 60 HERTZ 3.636 AMPS in bulk. Click here to get a free valuation.