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

Surplus Machinery

Lodige FKM2000D 41.3 KW 528.52 gal | Mixers

  • Machinery Dimensions: 182.68 x 48.03 x 55.12 in
  • Current: 41.3 KW
  • Model: FKM2000D
  • Manufacturer Name: Lodige
  • Capacity Size: 528.52 gal
  • Type of mixer: DOUBLE ARM Z-BLADE (SIGMA BLADE)
  • Machinery Weight: 5511.50 lb
  • Located in: Europe

We buy Lodige FKM2000D 41.3 KW 528.52 gal in bulk. Click here to get a free valuation.

Vector Corporation TFC-220 RC-217 45950 10 AMPS 50 HERTZ 400 VOLTS | Roller Compactors

  • Machinery Weight: 1801.16 lb
  • Machinery Dimensions: 57.48 x 37.20 x 75.47 in
  • Model: TFC-220
  • Serial Number: RC-217 45950
  • Manufacturer Name: Vector Corporation
  • Current: 10 AMPS
  • Voltage: 400 VOLTS
  • Year: 2006
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 3
  • Located in: Malta, Malta

We buy Vector Corporation TFC-220 RC-217 45950 10 AMPS 50 HERTZ 400 VOLTS in bulk. Click here to get a free valuation.

Mettler Toledo ReactIR 15 16782 230 VOLTS 50/60 HERTZ | Spectrometers

  • Machinery Dimensions: 47.24 x 15.75 x 27.56 in
  • Serial Number: 16782
  • Model: ReactIR 15
  • Manufacturer Name: Mettler Toledo
  • Machinery Weight: 154.32 lb
  • Year: 2013
  • Voltage: 230 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Germany

We buy Mettler Toledo ReactIR 15 16782 230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

APV BAKER AS K55 33444 316 STAINLESS 316 STAINLESS CARBON BLOCK 316 STAINLESS 316 STAINLESS 7,8 BAR 7,8 BAR | Heat Exchangers/Condensers

  • Machinery Dimensions: 6.56 x 3.28 x 6.56 ft
  • Plate Temperature Rating: 120 DEG C
  • Plate Pressure Rating: 7,8 BAR
  • Shell Temperature Rating: 120 DEG C
  • Shell Pressure Rating: 7,8 BAR
  • Frame Material of Construction: 316 STAINLESS
  • Plate Material of Construction: 316 STAINLESS
  • Tube Material of Construction: 316 STAINLESS
  • Shell Material of Construction: 316 STAINLESS
  • Capacity of Heat Exchanger: 577 SQ FT
  • Model: K55
  • Serial Number: 33444
  • Manufacturer Name: APV BAKER AS
  • Orientation: VERTICAL
  • Block Material of Construction: CARBON BLOCK
  • Type of Heat Exchanger: PLATE AND FRAME
  • Year: 1993
  • Machinery Weight: 1543.22 lb
  • Recommended Packaging Form: CRATE
  • Located in: Attica, Greece

We buy APV BAKER AS K55 33444 316 STAINLESS 316 STAINLESS CARBON BLOCK 316 STAINLESS 316 STAINLESS 7,8 BAR 7,8 BAR in bulk. Click here to get a free valuation.

Hamo t21 | Washers

  • Machinery Dimensions: 47.24 x 39.37 x 78.74 in
  • Model: t21
  • Manufacturer Name: Hamo
  • Machinery Weight: 2204.60 lb
  • Located in: Europe

We buy Hamo t21 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.

Spirent Communications SR5078 100-240 VOLTS 50/60 HERTZ 55 WATTS | Miscellaneous

  • Model: SR5078
  • Machinery Dimensions: 19 x 16 x 4 IN
  • Manufacturer Name: Spirent Communications
  • Current: 55 WATTS
  • Machinery Weight: 14 LBS
  • Recommended Packaging Form: 20C (28X20X20)
  • Voltage: 100-240 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: San Jose, CA, USA

We buy Spirent Communications SR5078 100-240 VOLTS 50/60 HERTZ 55 WATTS in bulk. Click here to get a free valuation.

Scott Turbon 175.US.Gallon 7122. 175 GALS STAINLESS STEEL 100 PSI 36 IN 45 IN 38 IN | Tanks

  • Serial Number: 7122.
  • Machinery Dimensions: 55 x 55 x 56 IN
  • Model: 175.US.Gallon
  • Straight Side: 38 IN
  • Overall Height: 45 IN
  • Inside Diameter: 36 IN
  • Jacket Temperature Rating: 350 DEG F
  • Jacket Pressure Rating: 100 PSI
  • Capacity of Tank: 175 GALS
  • Manufacturer Name: Scott Turbon
  • Number of Inlets and Size: 3
  • Type of Bottom Head: DISHED
  • Number of Outlets and Size: 1
  • Vertical or Horizontal: VERTICAL
  • Jacketed: YES
  • Internal Coils: NO
  • Tank Material of Construction: STAINLESS STEEL
  • Machinery Weight: 400 LBS
  • Year: 2004
  • Agitation: NO
  • CE Marked: NO
  • Located in: MA, USA

We buy Scott Turbon 175.US.Gallon 7122. 175 GALS STAINLESS STEEL 100 PSI 36 IN 45 IN 38 IN in bulk. Click here to get a free valuation.

Applied Materials Inc 0010-26749 12308-6 35-50 LBS 145 PSI | Actuators

  • Serial Number: 12308-6
  • Model: 0010-26749
  • 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 0010-26749 12308-6 35-50 LBS 145 PSI in bulk. Click here to get a free valuation.

M and O Perry Industries P-1540 115 VOLTS 60 HERTZ | Fillers

  • Current: 30
  • Model: P-1540
  • Manufacturer Name: M and O Perry Industries
  • Type of Filler: VIAL - AMPOULE
  • Voltage: 115 VOLTS
  • Machinery Weight: 0 LBS
  • Machinery Dimensions: 0 x 0 x 0 IN
  • Phase: 1
  • Frequency: 60 HERTZ
  • Located in: North America

We buy M and O Perry Industries P-1540 115 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Cisa RP-09 STEAM HEATED STAINLESS STEEL unknown IN unknown BAR unknown BAR 380-400 VOLTS 5 KW | Autoclaves

  • Machinery Dimensions: 78.74 x 62.99 x 86.61 in
  • Current: 5 KW
  • Voltage: 380-400 VOLTS
  • Pressure Rating (Temperature): no DEG F
  • Pressure Rating (Pressure): unknown BAR
  • Chamber Dimensions: unknown IN
  • Temperature Range: unknown DEG F
  • Model: RP-09
  • Manufacturer Name: Cisa
  • Country Cert. (Example National Board, CDN, CE Marked): NO
  • Heating or Cooling Source: STEAM HEATED
  • Year: 1981
  • Air Requirements: unknown BAR
  • Frequency: 50/60
  • Material of Construction: STAINLESS STEEL
  • Machinery Weight: 4409.20 lb
  • CE Marked: NO
  • Phase: 1
  • Located in: Europe

We buy Cisa RP-09 STEAM HEATED STAINLESS STEEL unknown IN unknown BAR unknown BAR 380-400 VOLTS 5 KW in bulk. Click here to get a free valuation.

DIEMME MEGAS 1500-2000 15 Kw 380 VOLTS 50 HERTZ 40 AMPS | Filter Presses

  • Machinery Dimensions: 12.14 x 44.29 x 10.83 ft
  • Motor HP: 15 Kw
  • Drip Pan: YES
  • Air Requirements: 250 CU FT/MIN
  • Gasketed Plate: include
  • Plate Shifter: YES
  • Hydraulic Pump Included: YES
  • Hydraulic or Manual Closure: HYDRAULIC
  • Number of Chambers: 98
  • Chamber Size: 1500 X 2000 in
  • Plate and Frame: YES
  • CGR Chambers: YES
  • Cubic Foot of Cake: 4500 CU M
  • Model: MEGAS 1500-2000
  • Manufacturer Name: DIEMME
  • Material of Construction: POLYPROPYLENE
  • Machinery Weight: 88184.00 lb
  • Current: 40 AMPS
  • Year: 1999
  • Voltage: 380 VOLTS
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM PALLET
  • Phase: 3
  • Located in: Europe

We buy DIEMME MEGAS 1500-2000 15 Kw 380 VOLTS 50 HERTZ 40 AMPS in bulk. Click here to get a free valuation.

Cermex 2225 | Case Packers

  • Model: 2225
  • Manufacturer Name: Cermex
  • Machinery Dimensions: 157.48 x 98.43 x 78.74 in
  • Machinery Weight: 3306.90 lb
  • Located in: Europe

We buy Cermex 2225 in bulk. Click here to get a free valuation.

New Brunswick Bio Flo 110 | Bioreactors

  • Machinery Dimensions: 50 x 50 x 60 IN
  • Manufacturer Name: New Brunswick
  • Model: Bio Flo 110
  • Machinery Dimensions: 60 x 60 x 60 IN
  • Machinery Dimensions: 40 x 40 x 48 IN
  • Machinery Weight: 250 LBS
  • Machinery Weight: 350 LBS
  • Machinery Weight: 450 LBS
  • Recommended Packaging Form: CUSTOM
  • Located in: North America

We buy New Brunswick Bio Flo 110 in bulk. Click here to get a free valuation.

Quincy Compressor QR25 5120 25 HP 1765 RPM 230/460 VOLTS 50/60 HERTZ 71 AMPS | Air Compressors

  • Machinery Dimensions: 75 x 37 x 41 IN
  • Current: 71 AMPS
  • Horsepower: 25
  • Capacity Speed: 1765 RPM
  • Model: QR25 5120
  • Manufacturer Name: Quincy Compressor
  • Capacity Size: 25 HP
  • Machinery Weight: 1600 LBS
  • Frequency: 50/60 HERTZ
  • Phase: 3
  • Voltage: 230/460 VOLTS
  • Located in: North America

We buy Quincy Compressor QR25 5120 25 HP 1765 RPM 230/460 VOLTS 50/60 HERTZ 71 AMPS in bulk. Click here to get a free valuation.

Lutron AM-4202 | Meters

  • Model: AM-4202
  • Manufacturer Name: Lutron
  • Machinery Dimensions: 5.91 x 9.84 x 1.97 in
  • Machinery Weight: 2.20 lb
  • Located in: Medan, Indonesia

We buy Lutron AM-4202 in bulk. Click here to get a free valuation.

Koehler ADA-5000 | Miscellaneous Lab Equipment

  • Machinery Dimensions: 21 x 21.5 x 27.75 IN
  • Model: ADA-5000
  • Manufacturer Name: Koehler
  • Machinery Weight: 250 LBS
  • Recommended Packaging Form: CRATE
  • Located in: ON, Canada

We buy Koehler ADA-5000 in bulk. Click here to get a free valuation.

Key International AV200 J14554 | Miscellaneous

  • Machinery Dimensions: 25 x 21 x 32 IN
  • Serial Number: AV200 J14554
  • Manufacturer Name: Key International
  • Machinery Weight: 30 Pounds
  • Recommended Packaging Form: PALLET
  • Located in: Forest, VA, USA

We buy Key International AV200 J14554 in bulk. Click here to get a free valuation.

Global Finishing Solutions ULTRA Mix 460 VOLTS 60 HERTZ | Paint Spray Booths

  • Model: ULTRA Mix
  • Manufacturer Name: Global Finishing Solutions
  • Machinery Weight: 1 LBS
  • Voltage: 460 VOLTS
  • Machinery Dimensions: 1 x 1 x 1 IN
  • Year: 2006
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: MI, USA

We buy Global Finishing Solutions ULTRA Mix 460 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Diosna Dierks Sohne GmbH P800 294-014 55 KW 400 VOLTS 50 HERTZ 130 AMPS | Mixers

  • Model: P800
  • Type of mixer: INTENSIVE
  • Serial Number: 294-014
  • Motor HP: 55 KW
  • Manufacturer Name: Diosna Dierks Sohne GmbH
  • Current: 130 AMPS
  • Machinery Weight: 1 LBS
  • Voltage: 400 VOLTS
  • Machinery Dimensions: 1 x 1 x 1 IN
  • Frequency: 50 HERTZ
  • Year: 2012
  • Phase: 3
  • Located in: Israel

We buy Diosna Dierks Sohne GmbH P800 294-014 55 KW 400 VOLTS 50 HERTZ 130 AMPS in bulk. Click here to get a free valuation.

Manesty bb4 210,000 TPH 0.63 in 0.69 in 220 VOLTS 50/60 HERTZ | Tablet Presses

  • Maximum depth of fill: 0.69 in
  • Maximum capacity (tablets per minute or hour): 210,000 TPH
  • Model: BB4
  • No. of Stations: 35
  • Manufacturer Name: Manesty
  • Machinery Dimensions: 118.11 x 78.74 x 86.61 in
  • Maximum tablet diameter: 0.63 in
  • Tooling type (IPT, EU, Other): EU
  • Year: 1985
  • Capacity Size (tooling - 'bb', 'B' or 'D'): BB
  • Machinery Weight: 4409.20 lb
  • Voltage: 220 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Europe

We buy Manesty bb4 210,000 TPH 0.63 in 0.69 in 220 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Apple 79.28 gal | Blenders

  • Type of Blender: Paddle
  • Machinery Dimensions: 22.83 x 22.83 x 59.06 in
  • Manufacturer Name: Apple
  • Capacity Size: 79.28 gal
  • Machinery Weight: 440.92 lb
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy Apple 79.28 gal in bulk. Click here to get a free valuation.

Honeywell 51199193-100 | Electronics

  • Model: 51199193-100
  • Manufacturer Name: Honeywell
  • Machinery Weight: 11.02 lb
  • Machinery Dimensions: 1 x 1 x 1 IN
  • Located in: South Asia

We buy Honeywell 51199193-100 in bulk. Click here to get a free valuation.

Perkin Elmer Janus Standard DG05117851 50/60 HERTZ 350 VA | Liquid Handlers

  • Machinery Weight: 495 LBS
  • Machinery Dimensions: 60 x 32 x 77 IN
  • Voltage: 100, 120, 200, 230 VOLTS
  • Model: Janus Standard
  • Serial Number: DG05117851
  • Current: 350 VA
  • Manufacturer Name: Perkin Elmer
  • Year: 2011
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: CA, USA

We buy Perkin Elmer Janus Standard DG05117851 50/60 HERTZ 350 VA in bulk. Click here to get a free valuation.

Thermo Fisher Scientific Sorvall Legend XTR 409669553 SWING BUCKET 4200 RPM 120 VOLTS 60 HERTZ 12 AMPS | Laboratory Centrifuges

  • Machinery Weight: 430 LBS
  • Machinery Dimensions: 39 x 30 x 15 IN
  • Max Speed: 4200 RPM
  • Number of Positions: 4
  • Rotor Type: SWING BUCKET
  • Serial Number: 409669553
  • Model: Sorvall Legend XTR
  • Manufacturer Name: Thermo Fisher Scientific
  • Current: 12 AMPS
  • Refrigerated: YES
  • Year: 2008
  • CE Marked: NO
  • Phase: 1
  • Voltage: 120 VOLTS
  • Frequency: 60 HERTZ
  • Recommended Packaging Form: PALLET
  • Located in: MA, USA

We buy Thermo Fisher Scientific Sorvall Legend XTR 409669553 SWING BUCKET 4200 RPM 120 VOLTS 60 HERTZ 12 AMPS in bulk. Click here to get a free valuation.

NEXTURN SA-20 30520232 0.787 IN 80-8000 RPM 5 HP Genius 120 220 VOLTS 60 HERTZ | Automatic Screw Machines

  • Machinery Weight: 18480 LBS
  • Machinery Dimensions: 228 x 53 x 65 IN
  • Bar Feeder Model: Genius 120
  • Bar Feeder Included: YES
  • Control Model Number: Fanuc Series 18i-T
  • Maximum Speed: 80-8000 RPM
  • Maximum Bar Capacity: 0.787 IN
  • Serial Number: 30520232
  • Model: SA-20
  • Manufacturer Name: NEXTURN
  • Year: 2003
  • Type of Control: CNC
  • Voltage: 220 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 60 HERTZ
  • Horsepower: 5 HP
  • Located in: PR, USA

We buy NEXTURN SA-20 30520232 0.787 IN 80-8000 RPM 5 HP Genius 120 220 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

WATERS Alliance WAT270852 | HPLC

  • Model: WAT270852
  • Manufacturer Name: WATERS Alliance
  • Located in: North America

We buy WATERS Alliance WAT270852 in bulk. Click here to get a free valuation.

Hewlett Packard 1050Series | HPLC

  • Machinery Dimensions: 21 x 13 x 25 IN
  • Model: 1050Series
  • Manufacturer Name: Hewlett Packard
  • Machinery Weight: 120 LBS
  • Located in: WI, USA

We buy Hewlett Packard 1050Series in bulk. Click here to get a free valuation.

Metrohm 50/60 HERTZ | Miscellaneous

  • Machinery Dimensions: 15.75 x 19.69 x 7.87 in
  • Manufacturer Name: Metrohm
  • Machinery Weight: 8.82 lb
  • Frequency: 50/60 HERTZ
  • Located in: Basel, Basel, Switzerland

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

Gilson Valvemate II | HPLC

  • Model: Valvemate II
  • Manufacturer Name: Gilson
  • Located in: North America

We buy Gilson Valvemate II in bulk. Click here to get a free valuation.

Ultravac 2100 2178 | Vacuum Sealers

  • Serial Number: 2178
  • Model: 2100
  • Manufacturer Name: Ultravac
  • Machinery Dimensions: 48 x 60 x 48 IN
  • Machinery Weight: 1000 LBS
  • Year: 2006
  • Located in: Nicaragua

We buy Ultravac 2100 2178 in bulk. Click here to get a free valuation.

Roche Diagnostics MagNA Lyser 115/230 VOLTS 50/60 HERTZ | Analyzers

  • Machinery Dimensions: 25.00 x 35.00 x 28.03 in
  • Model: MagNA Lyser
  • Manufacturer Name: Roche Diagnostics
  • Type: CHEMISTRY
  • Machinery Weight: 88.18 lb
  • Voltage: 115/230 VOLTS
  • Year: 2011
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Europe

We buy Roche Diagnostics MagNA Lyser 115/230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

GE Water and Process Technologies RO Titan-72 08-2885364A-01 133 GPM | Miscellaneous

  • Serial Number: 08-2885364A-01
  • Machinery Dimensions: 288 x 72 x 106 IN
  • Capacity Speed: 133 GPM
  • Model: RO Titan-72
  • Manufacturer Name: GE Water and Process Technologies
  • Machinery Weight: 4000 LBS
  • Located in: Skull Valley, UT, USA

We buy GE Water and Process Technologies RO Titan-72 08-2885364A-01 133 GPM in bulk. Click here to get a free valuation.

Etipack Flexo 120/230 VOLTS 50/60 HERTZ 10 AMPS | Labelers

  • Machinery Dimensions: 47.24 x 47.24 x 59.06 in
  • Model: Flexo
  • Manufacturer Name: Etipack
  • Current: 10 AMPS
  • Machinery Weight: 220.46 lb
  • Application Type: WIPE/MERGE
  • Number of Labeling Heads: 1
  • Type of Labeler: INLINE
  • Voltage: 120/230 VOLTS
  • Recommended Packaging Form: CRATE
  • Frequency: 50/60 HERTZ
  • CE Marked: NO
  • Phase: 1
  • Located in: Europe

We buy Etipack Flexo 120/230 VOLTS 50/60 HERTZ 10 AMPS in bulk. Click here to get a free valuation.

Domnick Hunter Ltd DRD500 3488690002 460 VOLTS 60 HERTZ | Miscellaneous

  • Machinery Dimensions: 28 x 41 x 43 IN
  • Model: DRD500
  • Serial Number: 3488690002
  • Manufacturer Name: Domnick Hunter Ltd
  • Machinery Weight: 400 LBS
  • Voltage: 460 VOLTS
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Mexico, MO, USA

We buy Domnick Hunter Ltd DRD500 3488690002 460 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

B Braun Biotech International GmbH 8864829 230 VOLTS 50 HERTZ 8 AMPS | Shakers

  • Machinery Dimensions: 25.59 x 19.69 x 25.59 in
  • Model: 8864829
  • Manufacturer Name: B Braun Biotech International GmbH
  • Machinery Weight: 110.23 lb
  • Year: 2001
  • Voltage: 230 VOLTS
  • Frequency: 50 HERTZ
  • Current: 8 AMPS
  • Phase: 1
  • Located in: Europe

We buy B Braun Biotech International GmbH 8864829 230 VOLTS 50 HERTZ 8 AMPS in bulk. Click here to get a free valuation.

VWR VWB 12 811612 230 VOLTS 50/60 HERTZ | Miscellaneous

  • Model: VWB 12
  • Serial Number: 811612
  • Manufacturer Name: VWR
  • Machinery Dimensions: 15.75 x 15.75 x 11.81 in
  • Machinery Weight: 15.43 lb
  • Voltage: 230 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: Basel, Basel, Switzerland

We buy VWR VWB 12 811612 230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Lab Tech H150-3000 Series | Miscellaneous Lab Equipment

  • Model: H150-3000 Series
  • Manufacturer Name: Lab Tech
  • Located in: North America

We buy Lab Tech H150-3000 Series in bulk. Click here to get a free valuation.

Thermo Electron Corporation Iems 115-230 VOLTS 50/60 HERTZ | Miscellaneous

  • Machinery Dimensions: 15.75 x 23.62 x 19.69 in
  • Model: Iems
  • Manufacturer Name: Thermo Electron Corporation
  • Voltage: 115-230 VOLTS
  • Machinery Weight: 99.21 lb
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: Basel, Basel, Switzerland

We buy Thermo Electron Corporation Iems 115-230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Getinge isolator | Isolators

  • Machinery Dimensions: 78.74 x 39.37 x 90.55 in
  • Manufacturer Name: Getinge
  • Model: Isolator
  • Machinery Weight: 3306.90 lb
  • Located in: Europe

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