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

Surplus Machinery

Bio Rad 425BR0524 200-240 VOLTS 50/60 HERTZ 70 WATTS | Miscellaneous

  • Machinery Weight: 28.66 lb
  • Machinery Dimensions: 19.69 x 15.75 x 23.62 in
  • Current: 70 WATTS
  • Serial Number: 425BR0524
  • Manufacturer Name: Bio Rad
  • Voltage: 200-240 VOLTS
  • CE Marked: YES
  • Year: 2012
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Basel, Basel, Switzerland

We buy Bio Rad 425BR0524 200-240 VOLTS 50/60 HERTZ 70 WATTS in bulk. Click here to get a free valuation.

Baldor | Miscellaneous

  • Machinery Dimensions: 48 x 40 x 24 IN
  • Machinery Dimensions: 52 x 34 x 25 IN
  • Manufacturer Name: Baldor
  • Machinery Weight: 1800 LBS
  • Machinery Weight: 800 LBS
  • Located in: Mexico, MO, USA

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

Ishida Co Ltd DACS-W012-SB/SS 559897 240 VOLTS 50 HERTZ | Check Weighers

  • Machinery Dimensions: 57.09 x 37.40 x 64.96 in
  • Model: DACS-W012-SB/SS
  • Serial Number: 559897
  • Auto Reject: YES
  • Manufacturer Name: Ishida Co Ltd
  • Voltage: 240 VOLTS
  • Machinery Weight: 661.38 lb
  • Year: 2009
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 1
  • Located in: Ireland

We buy Ishida Co Ltd DACS-W012-SB/SS 559897 240 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Amersham Biosciences Typhoon 9200 95460 100/240 VOLTS 50 HERTZ 5 AMPS | Imagers

  • Machinery Dimensions: 51.18 x 31.50 x 19.69 in
  • Model: Typhoon 9200
  • Serial Number: 95460
  • Manufacturer Name: Amersham Biosciences
  • Current: 5 AMPS
  • Voltage: 100/240 VOLTS
  • Year: 2002
  • Machinery Weight: 198.41 lb
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 1
  • Located in: Antwerpen, Belgium

We buy Amersham Biosciences Typhoon 9200 95460 100/240 VOLTS 50 HERTZ 5 AMPS in bulk. Click here to get a free valuation.

Applied Biosystems 494 9503221J 115 VOLTS 50/60 HERTZ | Sequencers

  • Machinery Weight: 105 LBS
  • Machinery Dimensions: 29 x 24 x 24 IN
  • Model: 494
  • Serial Number: 9503221J
  • Voltage: 115 VOLTS
  • Manufacturer Name: Applied Biosystems
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Recommended Packaging Form: PALLET
  • Located in: MA, USA

We buy Applied Biosystems 494 9503221J 115 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Sicma SpA B01 3000 BPH 380 VOLTS 50/60 HERTZ 0.4 KW | Air Washers/Scrubber

  • Model: B01
  • Manufacturer Name: Sicma SpA
  • Capacity Speed: 3000 BPH
  • Current: 0.4 KW
  • Machinery Weight: 1322.76 lb
  • Machinery Dimensions: 78.74 x 78.74 x 78.74 in
  • Year: 2004
  • Voltage: 380 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 3
  • Located in: Europe

We buy Sicma SpA B01 3000 BPH 380 VOLTS 50/60 HERTZ 0.4 KW in bulk. Click here to get a free valuation.

Key Technology unk VIBRATING CONVEYOR | Conveyors

  • Machinery Dimensions: 96 x 40 x 40 FT
  • Type of Conveyors: VIBRATING CONVEYOR
  • Model: unk
  • Manufacturer Name: Key Technology
  • Machinery Weight: 1000 LBS
  • Located in: OR, USA

We buy Key Technology unk VIBRATING CONVEYOR in bulk. Click here to get a free valuation.

Rice Lake Weighing Systems IQPlus355 122297 10000 Pounds 115 VOLTS 50/60 HERTZ 100 MILLIAMPS | Scales

  • Machinery Dimensions: 40 x 26 x 51 IN
  • Capacity Size: 10000 Pounds
  • Model: IQPlus355
  • Serial Number: 122297
  • Manufacturer Name: Rice Lake Weighing Systems
  • Current: 100 MILLIAMPS
  • Voltage: 115 VOLTS
  • Machinery Weight: 300 LBS
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: WA, USA

We buy Rice Lake Weighing Systems IQPlus355 122297 10000 Pounds 115 VOLTS 50/60 HERTZ 100 MILLIAMPS in bulk. Click here to get a free valuation.

Napa Auto Parts 7750 | Filters

  • Machinery Dimensions: 4 x 4 x 6 IN
  • Model: 7750
  • Manufacturer Name: Napa Auto Parts
  • Year: 2008
  • Machinery Weight: 20 LBS
  • Located in: North America

We buy Napa Auto Parts 7750 in bulk. Click here to get a free valuation.

Manesty Betapress 380 VOLTS 60 HERTZ | Tablet Presses

  • Machinery Weight: 1532.20 lb
  • Machinery Dimensions: 22.83 x 33.46 x 6.30 in
  • Model: Betapress
  • Manufacturer Name: Manesty
  • No. of Stations: 16
  • Voltage: 380 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Europe

We buy Manesty Betapress 380 VOLTS 60 HERTZ 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.

Mettler Toledo M400 FF 1239427384 50/60 HERTZ | Conductivity Meters

  • Serial Number: 1239427384
  • Machinery Dimensions: 24.80 x 8.27 x 8.27 in
  • Model: M400 FF
  • Machinery Weight: 19.84 lb
  • Manufacturer Name: Mettler Toledo
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Located in: Singapore, Singapore

We buy Mettler Toledo M400 FF 1239427384 50/60 HERTZ in bulk. Click here to get a free valuation.

Perkin Elmer Autosystem XL 610N6040408 240 VOLTS 50/60 HERTZ | Miscellaneous

  • Serial Number: 610N6040408
  • Machinery Dimensions: 25.59 x 28.74 x 30.31 in
  • Model: Autosystem XL
  • Voltage: 240 VOLTS
  • Machinery Weight: 220.46 lb
  • Manufacturer Name: Perkin Elmer
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Basel, Basel, Switzerland

We buy Perkin Elmer Autosystem XL 610N6040408 240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Hitachi Titanium Core C40HT 1041 brand new | Assembly Packaging

  • Serial Number: 1041
  • Machinery Weight: 22.05 lb
  • Machinery Dimensions: 32.28 x 7.87 x 7.87 in
  • Last Known Date of Operation: brand new
  • Any special features on the system?: YES
  • Any upgrade to the system?: YES
  • Model: Titanium Core C40HT
  • Manufacturer Name: Hitachi
  • Is System Running or Powered Off?: RUNNING
  • Fuctional or Non Functional: FUCTIONAL
  • Year: 2013
  • CE Marked: NO
  • Recommended Packaging Form: PALLET
  • Located in: Czech Republic

We buy Hitachi Titanium Core C40HT 1041 brand new in bulk. Click here to get a free valuation.

Busch NC0300.BM06.XXVA U130100075 | Miscellaneous

  • Serial Number: U130100075
  • Model: NC0300.BM06.XXVA
  • Machinery Dimensions: 70 x 60 x 94 IN
  • Manufacturer Name: Busch
  • Machinery Weight: 1500 LBS
  • Located in: Skull Valley, UT, USA

We buy Busch NC0300.BM06.XXVA U130100075 in bulk. Click here to get a free valuation.

Cretel Food Equipment Pte Ltd AWM235 400 VOLTS 50 HERTZ | Pan Washers

  • Machinery Dimensions: 145.67 x 53.15 x 78.74 in
  • Model: AWM235
  • Manufacturer Name: Cretel Food Equipment Pte Ltd
  • Voltage: 400 VOLTS
  • Machinery Weight: 1102.30 lb
  • Year: 2011
  • Frequency: 50 HERTZ
  • Phase: 3
  • Located in: Europe

We buy Cretel Food Equipment Pte Ltd AWM235 400 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Whitney Company 3400XP |681-200| 681-200-44249 40 TONS 0.50 in 120.08 in 59.06 in 440 VOLTS 60 HERTZ 57 KW | Turret Punch

  • Machinery Dimensions: 330.71 x 224.41 x 106.30 in
  • Control Model Number: GE Fanuc 160 i-P
  • Travel X-Axis: 120.08 in
  • Maximum Thickness Capacity: 0.50 in
  • Tonnage Rating: 40 TONS
  • Model: 3400XP |681-200|
  • Serial Number: 681-200-44249
  • Manufacturer Name: Whitney Company
  • Current: 57 KW
  • Travel Y-Axis: 59.06 in
  • Machinery Weight: 39682.80 lb
  • Voltage: 440 VOLTS
  • Year: 1994
  • Type of Control: CNC
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Jalisco, Mexico

We buy Whitney Company 3400XP |681-200| 681-200-44249 40 TONS 0.50 in 120.08 in 59.06 in 440 VOLTS 60 HERTZ 57 KW in bulk. Click here to get a free valuation.

Brooks Automation Inc MultiTran 5 1136444 | Wafer Handling

  • Machinery Dimensions: 21 x 21 x 12 IN
  • Model: MultiTran 5
  • Serial Number: 1136444
  • Manufacturer Name: Brooks Automation Inc
  • Machinery Weight: 40 LBS
  • Recommended Packaging Form: PALLET
  • Located in: MA, USA

We buy Brooks Automation Inc MultiTran 5 1136444 in bulk. Click here to get a free valuation.

Uhlmann Packaging Systems 50 CPM 50/60 HERTZ | Thermoformers and Trim Presses

  • Machinery Weight: 8819 LBS
  • Machinery Dimensions: 77 x 79 x 158 IN
  • Manufacturer Name: Uhlmann Packaging Systems
  • Capacity Speed: 50 CPM
  • Year: 1993
  • Frequency: 50/60 HERTZ
  • Located in: Europe

We buy Uhlmann Packaging Systems 50 CPM 50/60 HERTZ in bulk. Click here to get a free valuation.

Dionex AS50 (AS 50) | Ion Chromatography

  • Model: AS50 (AS 50)
  • Manufacturer Name: Dionex
  • Located in: North America

We buy Dionex AS50 (AS 50) in bulk. Click here to get a free valuation.

Buchi Labortechnik AG B-480 10048753 230/240 VOLTS 50/60 HERTZ 1300 WATTS | Waterbaths and Circulators

  • Machinery Dimensions: 11.81 x 11.81 x 6.30 in
  • Current: 1300 WATTS
  • Model: B-480
  • Serial Number: 10048753
  • Voltage: 230/240 VOLTS
  • Manufacturer Name: Buchi Labortechnik AG
  • Machinery Weight: 4.41 lb
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Antwerpen, Belgium

We buy Buchi Labortechnik AG B-480 10048753 230/240 VOLTS 50/60 HERTZ 1300 WATTS in bulk. Click here to get a free valuation.

Battenfeld BA-1500-CDC 150 TONS 25 KG/HR 380 VOLTS 45 AMPS | Injection Molders

  • Machinery Dimensions: 208.66 x 75.79 x 81.30 in
  • Current: 45 AMPS
  • Capacity Speed: 25 KG/HR
  • Capacity Size: 150 TONS
  • Model: BA-1500-CDC
  • Manufacturer Name: Battenfeld
  • Year: 1997
  • Frequency: 50
  • Machinery Weight: 19841.40 lb
  • Phase: 3+1
  • Recommended Packaging Form: PERSONALIZADO
  • Voltage: 380 VOLTS
  • CE Marked: DESCONOCIDO
  • Located in: Latin America

We buy Battenfeld BA-1500-CDC 150 TONS 25 KG/HR 380 VOLTS 45 AMPS in bulk. Click here to get a free valuation.

ABW Medizin and Technik GmbH MC 10 Plus 15C 100 70 230 VOLTS 50/60 HERTZ | Meters

  • Machinery Weight: 72.75 lb
  • Machinery Dimensions: 28.74 x 23.23 x 6.69 in
  • Model: MC 10 Plus
  • Serial Number: 15C 100 70
  • Manufacturer Name: ABW Medizin and Technik GmbH
  • Voltage: 230 VOLTS
  • Year: 2015
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Austria

We buy ABW Medizin and Technik GmbH MC 10 Plus 15C 100 70 230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Bruker D8 Advance 202397 | X-Ray Diffractometers

  • Machinery Weight: 1775 LBS
  • Machinery Dimensions: 94 x 51 x 83 IN
  • Model: D8 Advance
  • Serial Number: 202397
  • Manufacturer Name: Bruker
  • CE Marked: YES
  • Located in: IN, USA

We buy Bruker D8 Advance 202397 in bulk. Click here to get a free valuation.

ADMV | Lipstick Lines

  • Machinery Weight: 13227.60 lb
  • Machinery Dimensions: 241.30 x 304.57 x 98.43 in
  • Year: 2003
  • Manufacturer Name: ADMV
  • Located in: Europe

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

Toyo Machinery TM280 2746 kN 380/460 VOLTS 50 HERTZ | Injection Molders

  • Machinery Weight: 2008 Pounds
  • Machinery Dimensions: 21.33 x 5.91 x 6.23 ft
  • Voltage: 380/460 VOLTS
  • Capacity Details: 2746 kN
  • Model: TM280
  • Manufacturer Name: Toyo Machinery
  • Year: 2000
  • Frequency: 50 HERTZ
  • Recommended Packaging Form: CUSTOM
  • CE Marked: NO
  • Phase: 3
  • Located in: East Asia/Pacific

We buy Toyo Machinery TM280 2746 kN 380/460 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Sartorius CPA2201-0CE 24304303 2200 G 0.1 G 50/60 HERTZ | Balances

  • Machinery Dimensions: 12.80 x 8.07 x 3.74 in
  • Capacity Size: 2200 G
  • Model: CPA2201-0CE
  • Serial Number: 24304303
  • Degree of Precision: 0.1 G
  • Manufacturer Name: Sartorius
  • Machinery Weight: 11.02 lb
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Located in: Malta, Malta

We buy Sartorius CPA2201-0CE 24304303 2200 G 0.1 G 50/60 HERTZ in bulk. Click here to get a free valuation.

Julabo F12 10210832 230 VOLTS 50 HERTZ | Chillers

  • Machinery Dimensions: 59.06 x 21.65 x 33.46 in
  • Model: F12
  • Serial Number: 10210832
  • Manufacturer Name: Julabo
  • Machinery Weight: 143.30 lb
  • Voltage: 230 VOLTS
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 1
  • Located in: Switzerland

We buy Julabo F12 10210832 230 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Air Logic Power Systems Inc. 7385 120 CPM Plastic containers 60 HERTZ | Plastic Bottle Inspection Machines

  • Machinery Weight: 2500 Pounds
  • Model: 7385
  • Machinery Dimensions: 72 x 144 x 96 IN
  • Products Run: Plastic containers
  • Capacity Speed: 120 CPM
  • Manufacturer Name: Air Logic Power Systems Inc.
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: SC, USA

We buy Air Logic Power Systems Inc. 7385 120 CPM Plastic containers 60 HERTZ in bulk. Click here to get a free valuation.

Unknown 120/230 VOLTS 50/60 HERTZ | Unscramblers

  • Machinery Dimensions: 31.50 x 31.50 x 47.24 in
  • Machinery Weight: 132.28 lb
  • Voltage: 120/230 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Europe

We buy Unknown 120/230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Carel pCO | Air Handlers

  • Machinery Dimensions: 4 x 5 x 7 IN
  • Model: pCO
  • Manufacturer Name: Carel
  • Capacity Speed: 0
  • Machinery Weight: 1000 LBS
  • Recommended Packaging Form: CUSTOM
  • Located in: PR, USA

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

Fryma Koruma Maxx D Lab 10100G 12 Litters STAINLESS STEEL 400 VOLTS 50 HERTZ | Homogenizers

  • Machinery Dimensions: 5.28 x 3.46 x 6.30 in
  • Pressure Rating: -1/0 bar BAR
  • Temperature Rating: 130 DEG C
  • Capacity Details: 12 Litters
  • Model: Maxx D Lab
  • Style of Homogenizer: Aggregate
  • Serial Number: 10100G
  • Manufacturer Name: Fryma Koruma
  • Machinery Weight: 1212.53 lb
  • Voltage: 400 VOLTS
  • Material of Construction: STAINLESS STEEL
  • Year: 2006
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 3
  • Located in: Switzerland

We buy Fryma Koruma Maxx D Lab 10100G 12 Litters STAINLESS STEEL 400 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

ITT A234 867977-012-004; 867977-012-003; 867977-012-001; 867977-012-002; 867977-014-002; 867977-014-001 | Actuators

  • Machinery Weight: 260 LBS
  • Model: A234
  • Serial Number: 867977-012-004; 867977-012-003; 867977-012-001; 867977-012-002; 867977-014-002; 867977-014-001
  • Manufacturer Name: ITT
  • Machinery Dimensions: 48 x 40 x 24 IN
  • Type of Actuator: PNEUMATIC
  • Recommended Packaging Form: PALLET
  • Located in: MA, USA

We buy ITT A234 867977-012-004; 867977-012-003; 867977-012-001; 867977-012-002; 867977-014-002; 867977-014-001 in bulk. Click here to get a free valuation.

Riggs Autopack 1000 | Depositors

  • Machinery Dimensions: 59.06 x 31.50 x 74.80 in
  • Model: 1000
  • Manufacturer Name: Riggs Autopack
  • Machinery Weight: 264.55 lb
  • Year: 2014
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy Riggs Autopack 1000 in bulk. Click here to get a free valuation.

Omel SRTV-2745 171407 380 VOLTS 60 HERTZ 150 KW | Blowers

  • Machinery Weight: 3659.64 lb
  • Machinery Dimensions: 208.66 x 51.18 x 82.68 in
  • Capacity Speed: 3600 CU M/HR
  • Model: SRTV-2745
  • Serial Number: 171407
  • Manufacturer Name: Omel
  • Current: 150 KW
  • Year: 2003
  • Voltage: 380 VOLTS
  • CE Marked: NO
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: SP, Brazil

We buy Omel SRTV-2745 171407 380 VOLTS 60 HERTZ 150 KW in bulk. Click here to get a free valuation.

R VizcaAno CPTC 95269 35 KW 400 VOLTS 50 HERTZ 35 KW | Coolers

  • Machinery Dimensions: 110.24 x 47.24 x 47.24 in
  • Capacity Size: 35 KW
  • Serial Number: 95269
  • Model: CPTC
  • Manufacturer Name: R VizcaAno
  • Current: 35 KW
  • Material of Construction: ALUMINIUM
  • Temperature Range: -20 DEG C
  • Voltage: 400 VOLTS
  • Machinery Weight: 1102.30 lb
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 3
  • Located in: Spain

We buy R VizcaAno CPTC 95269 35 KW 400 VOLTS 50 HERTZ 35 KW in bulk. Click here to get a free valuation.

Phoenix 50/60 HERTZ | Conveyors

  • Manufacturer Name: Phoenix
  • Type of Conveyors: TABLE TOP- SLAT CONVEYOR
  • Machinery Dimensions: 59.06 x 59.06 x 59.06 in
  • Machinery Weight: 881.84 lb
  • Frequency: 50/60 HERTZ
  • Located in: Europe

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

LK Metrology Ltd G-90C 13517 | Coordinate Measuring Machine

  • Model: G-90C
  • Serial Number: 13517
  • Manufacturer Name: LK Metrology Ltd
  • Machinery Weight: 0 Pounds
  • Machinery Dimensions: 0 x 0 x 0 IN
  • Located in: KS, USA

We buy LK Metrology Ltd G-90C 13517 in bulk. Click here to get a free valuation.

Quimis CARBON STEEL 200x200x300 in 220 VOLTS 60 HERTZ | Lab Ovens

  • Machinery Dimensions: 31.50 x 25.98 x 25.98 in
  • Chamber Dimensions: 200x200x300 in
  • Manufacturer Name: Quimis
  • Temperature Range: 1200 DEG C
  • Machinery Weight: 176.37 lb
  • Voltage: 220 VOLTS
  • Material of Construction: CARBON STEEL
  • Phase: 1
  • Frequency: 60 HERTZ
  • Located in: Brazil

We buy Quimis CARBON STEEL 200x200x300 in 220 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Luminex Megapix Megapx13046702 100-240 VOLTS 50/60 HERTZ | Miscellaneous

  • Machinery Dimensions: 11.81 x 1.97 x 27.56 in
  • Model: Megapix
  • Serial Number: Megapx13046702
  • Manufacturer Name: Luminex
  • Machinery Weight: 66.14 lb
  • Voltage: 100-240 VOLTS
  • Year: 2013
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Located in: Bridgend , Wales, United Kingdom

We buy Luminex Megapix Megapx13046702 100-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.