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

Surplus Machinery

Lab Tech EV400 VAC Rotary | Miscellaneous Lab Equipment

  • Model: EV400 VAC Rotary
  • Manufacturer Name: Lab Tech
  • Located in: North America

We buy Lab Tech EV400 VAC Rotary in bulk. Click here to get a free valuation.

Ozomatic GmbH Modular 16HC 200215 230 VOLTS 50 HERTZ 6.5 AMPS | Ozonizer

  • Machinery Dimensions: 33.46 x 27.56 x 67.72 in
  • Model: Modular 16HC
  • Serial Number: 200215
  • Manufacturer Name: Ozomatic GmbH
  • Current: 6.5 AMPS
  • Machinery Weight: 661.38 lb
  • Year: 2002
  • Voltage: 230 VOLTS
  • Frequency: 50 HERTZ
  • Phase: 1
  • Located in: Italy

We buy Ozomatic GmbH Modular 16HC 200215 230 VOLTS 50 HERTZ 6.5 AMPS in bulk. Click here to get a free valuation.

Eagle Manufacturing Co 1932 30 GALS | Flammable Storage Cabinets

  • Model: 1932
  • Capacity Size: 30 GALS
  • Machinery Dimensions: 19.69 x 43.31 x 39.37 in
  • Manufacturer Name: Eagle Manufacturing Co
  • Machinery Weight: 220.46 lb
  • Located in: Medan, Indonesia

We buy Eagle Manufacturing Co 1932 30 GALS in bulk. Click here to get a free valuation.

Bergami C97 393 SIDE LOAD 480 VOLTS 60 HERTZ | Miscellaneous

  • Case Sealing: TAPE
  • Type of Case: KNOCKDOWN
  • Model: C97
  • Serial Number: 393
  • Manufacturer Name: Bergami
  • Type of Packer: SIDE LOAD
  • Machinery Weight: 0 LBS
  • Machinery Dimensions: 0 x 0 x 0 IN
  • Year: 2006
  • CE Marked: YES
  • Voltage: 480 VOLTS
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Forest, VA, USA

We buy Bergami C97 393 SIDE LOAD 480 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Groninger MRT100P | Buffers

  • Machinery Dimensions: 115.75 x 35.43 x 51.18 in
  • Model: MRT100P
  • Manufacturer Name: Groninger
  • Machinery Weight: 661.38 lb
  • Year: 2005
  • Located in: Europe

We buy Groninger MRT100P in bulk. Click here to get a free valuation.

Julabo F25 10268787 207-253 VOLTS 50 HERTZ | Miscellaneous

  • Machinery Dimensions: 9.45 x 17.72 x 27.56 in
  • Voltage: 207-253 VOLTS
  • Model: F25
  • Serial Number: 10268787
  • Manufacturer Name: Julabo
  • Machinery Weight: 55.12 lb
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 1
  • Located in: Basel, Basel, Switzerland

We buy Julabo F25 10268787 207-253 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

IKA RCT 230 VOLTS 50/60 HERTZ | Miscellaneous

  • Machinery Dimensions: 7.87 x 9.84 x 4.72 in
  • Model: RCT
  • Manufacturer Name: IKA
  • Machinery Weight: 4.41 lb
  • Voltage: 230 VOLTS
  • Frequency: 50/60 HERTZ
  • CE Marked: NO
  • Located in: Bridgend , Wales, United Kingdom

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

Applied Biosystems SCIEX MDS SCIEX Q TRAP | Mass Spectrometers

  • Machinery Dimensions: 48 x 48 x 36 IN
  • Machinery Dimensions: 56 x 50 x 50 IN
  • Type of Mass Spec: ICP-MS
  • Model: MDS SCIEX Q TRAP
  • Manufacturer Name: Applied Biosystems SCIEX
  • Machinery Weight: 450 LBS
  • Type of Mass Spec: MSD
  • Machinery Weight: 500 LBS
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: North America

We buy Applied Biosystems SCIEX MDS SCIEX Q TRAP in bulk. Click here to get a free valuation.

Domino D550+ NS00710 | Printing or Code Markers

  • Machinery Dimensions: 430 x 430 x 1100 IN
  • Serial Number: NS00710
  • Model: D550+
  • Manufacturer Name: Domino
  • Machinery Weight: 100 LBS
  • Year: 2009
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Located in: Spain

We buy Domino D550+ NS00710 in bulk. Click here to get a free valuation.

Sorensen DLM20-30M9G 1425A01169,1424A02710 115-230 VOLTS 50/60 HERTZ 714 WATTS | Miscellaneous

  • Serial Number: 1425A01169,1424A02710
  • Machinery Dimensions: 38 x 9 x 2 IN
  • Current: 714 WATTS
  • Model: DLM20-30M9G
  • Manufacturer Name: Sorensen
  • Machinery Weight: 18 LBS
  • Voltage: 115-230 VOLTS
  • Recommended Packaging Form: 19C (22X15X13)
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: San Jose, CA, USA

We buy Sorensen DLM20-30M9G 1425A01169,1424A02710 115-230 VOLTS 50/60 HERTZ 714 WATTS in bulk. Click here to get a free valuation.

XP Power Distributor POWER TOOL | Tools

  • Machinery Dimensions: 36 x 60 x 60 IN
  • Manufacturer Name: XP Power Distributor
  • Machinery Weight: 500 Pounds
  • Type of Tool: POWER TOOL
  • Recommended Packaging Form: CUSTOM
  • Located in: North America

We buy XP Power Distributor POWER TOOL in bulk. Click here to get a free valuation.

Feldmeier Equipment Inc. 800L S04508 211.41 gal 1 IN 1 IN 1 IN | Vessels

  • 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
  • Serial Number: S04508
  • Model: 800L
  • Manufacturer Name: Feldmeier Equipment Inc.
  • Straight Side (T/T): 1
  • Machinery Weight: 500 LBS
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: MA, USA

We buy Feldmeier Equipment Inc. 800L S04508 211.41 gal 1 IN 1 IN 1 IN in bulk. Click here to get a free valuation.

Agilent Technologies 6890N CN10633085 220 VOLTS 50/60 HERTZ | Gas Chromatographs (GC)

  • Machinery Weight: 637.13 lb
  • Machinery Dimensions: 35.43 x 19.69 x 35.43 in
  • Serial Number: CN10633085
  • Type of Detector for GC: FID
  • Model: 6890N
  • Manufacturer Name: Agilent Technologies
  • Voltage: 220 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Located in: Germany

We buy Agilent Technologies 6890N CN10633085 220 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Fluke Hydra Series 2 100/240 VOLTS 50/60 HERTZ | Miscellaneous

  • Machinery Dimensions: 20 x 14 x 12 IN
  • Model: Hydra Series 2
  • Manufacturer Name: Fluke
  • Machinery Weight: 15 LBS
  • Voltage: 100/240 VOLTS
  • Recommended Packaging Form: 12C (12X12X12)
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Located in: Forest, VA, USA

We buy Fluke Hydra Series 2 100/240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Mc Quay A030GX150FPVV1H1 OP-0196-01 30 HP 1760 RPM 230/460 VOLTS 60 HERTZ 72/36 AMPS | Air Handlers

  • Machinery Dimensions: 133.86 x 82.68 x 110.24 in
  • Current: 72/36 AMPS
  • Capacity Size: 30 HP
  • Model: A030GX150FPVV1H1
  • Serial Number: OP-0196-01
  • Capacity Speed: 1760 RPM
  • Manufacturer Name: Mc Quay
  • Year: 2003
  • Machinery Weight: 2.20 lb
  • Recommended Packaging Form: CUSTOM
  • CE Marked: NO
  • Phase: 3
  • Frequency: 60 HERTZ
  • Voltage: 230/460 VOLTS
  • Located in: Durango, Mexico

We buy Mc Quay A030GX150FPVV1H1 OP-0196-01 30 HP 1760 RPM 230/460 VOLTS 60 HERTZ 72/36 AMPS in bulk. Click here to get a free valuation.

Qiagen PyroMark Q24 24 VOLTS 60 WATTS | Sequencers

  • Machinery Dimensions: 30.00 x 31.50 x 35.00 in
  • Current: 60 WATTS
  • Model: PyroMark Q24
  • Manufacturer Name: Qiagen
  • Voltage: 24 VOLTS
  • Machinery Weight: 275.58 lb
  • CE Marked: YES
  • Located in: Europe

We buy Qiagen PyroMark Q24 24 VOLTS 60 WATTS in bulk. Click here to get a free valuation.

Eriez Magnetics N4X-VFT|115 115 VOLTS 60 HERTZ 1.8 AMPS | Miscellaneous

  • Machinery Dimensions: 36 x 42 x 60 IN
  • Current: 1.8 AMPS
  • Model: N4X-VFT|115
  • Manufacturer Name: Eriez Magnetics
  • Voltage: 115 VOLTS
  • Machinery Weight: 500 LBS
  • Phase: 1
  • Frequency: 60 HERTZ
  • Located in: Lakeville, MN, USA

We buy Eriez Magnetics N4X-VFT|115 115 VOLTS 60 HERTZ 1.8 AMPS in bulk. Click here to get a free valuation.

Farmo Res K-230 10 ML 20 CPM 380 VOLTS 50 HERTZ | Thermoformers and Trim Presses

  • Machinery Dimensions: 244.09 x 37.40 x 78.74 in
  • Products Run: Blisters
  • Product Sizing: 320 x 230 x 40mm
  • Capacity Speed: 20 CPM
  • Model: K-230
  • Capacity Size: 10 ML
  • Machinery Weight: 6500 LBS
  • Manufacturer Name: Farmo Res
  • Year: 1990
  • Voltage: 380 VOLTS
  • Frequency: 50 HERTZ
  • Recommended Packaging Form: CUSTOM
  • CE Marked: NO
  • Phase: 3
  • Located in: Europe

We buy Farmo Res K-230 10 ML 20 CPM 380 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Dal Mak Equipamentos para Embalagens Ltda 400 220 VOLTS 2400 WATTS | Heat Tunnels

  • Machinery Dimensions: 45.28 x 19.69 x 45.28 in
  • Current: 2400 WATTS
  • Manufacturer Name: Dal Mak Equipamentos para Embalagens Ltda
  • Model: 400
  • Machinery Weight: 77.16 lb
  • Voltage: 220 VOLTS
  • Recommended Packaging Form: PALLET
  • Located in: Brazil

We buy Dal Mak Equipamentos para Embalagens Ltda 400 220 VOLTS 2400 WATTS 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.

CCL Labeling Equipment 5005 3707-1 60 PSI 60 HERTZ 8 AMPS | Labelers

  • Machinery Dimensions: 84 x 48 x 54 IN
  • Model: 5005
  • Serial Number: 3707-1
  • Manufacturer Name: CCL Labeling Equipment
  • Type of Labeler: SEMI-AUTOMATIC
  • Number of Labeling Heads: 3
  • Machinery Weight: 400 LBS
  • Air Requirements: 60 PSI
  • Application Type: WRAP
  • Year: 2000
  • Recommended Packaging Form: CUSTOM
  • Current: 8 AMPS
  • Phase: 1
  • Frequency: 60 HERTZ
  • Located in: MA, USA

We buy CCL Labeling Equipment 5005 3707-1 60 PSI 60 HERTZ 8 AMPS in bulk. Click here to get a free valuation.

Piccola Bi-Layer 023 51,000 TPH 240 VOLTS 60 HERTZ | Tablet Presses

  • Machinery Weight: 3120 LBS
  • Machinery Dimensions: 96 x 39 x 73 IN
  • No. of Stations: 11
  • Maximum capacity (tablets per minute or hour): 51,000 TPH
  • Model: Bi-Layer
  • Serial Number: 023
  • Manufacturer Name: Piccola
  • Capacity Size (tooling - 'bb', 'B' or 'D'): B
  • Pre-compression: NO
  • Keyed upper punch bores: YES
  • Voltage: 240 VOLTS
  • Recommended Packaging Form: CRATE
  • Phase: 1
  • Frequency: 60 HERTZ
  • Located in: MA, USA

We buy Piccola Bi-Layer 023 51,000 TPH 240 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Zanasi KG 220 VOLTS 50 HERTZ 11.6 AMPS | Overwrappers

  • Model: KG
  • Manufacturer Name: Zanasi
  • Current: 11.6 AMPS
  • Machinery Dimensions: 98.43 x 78.74 x 78.74 in
  • Machinery Weight: 1102.30 lb
  • Frequency: 50 HERTZ
  • Voltage: 220 VOLTS
  • Located in: Europe

We buy Zanasi KG 220 VOLTS 50 HERTZ 11.6 AMPS in bulk. Click here to get a free valuation.

Thirode M00738 380 VOLTS 50 HERTZ 2 KW STAINLESS STEEL | Seasoners

  • Serial Number: M00738
  • Machinery Dimensions: 39.37 x 15.75 x 3.94 in
  • Manufacturer Name: Thirode
  • Current: 2 KW
  • Machinery Weight: 0.00 lb
  • Voltage: 380 VOLTS
  • Material of Construction: STAINLESS STEEL
  • Frequency: 50 HERTZ
  • Phase: 3
  • Located in: Spain

We buy Thirode M00738 380 VOLTS 50 HERTZ 2 KW STAINLESS STEEL in bulk. Click here to get a free valuation.

Leitz Wetzlar Labovert 110-240 VOLTS 50/60 HERTZ | Miscellaneous

  • Model: Wetzlar Labovert
  • Manufacturer Name: Leitz
  • Type of Microscope: INVERTED
  • Machinery Dimensions: 11.81 x 15.75 x 19.69 in
  • Voltage: 110-240 VOLTS
  • Machinery Weight: 33.07 lb
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • CE Marked: NO
  • Phase: 1
  • Located in: Basel, Basel, Switzerland

We buy Leitz Wetzlar Labovert 110-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Ilapak Carrera 2000 PC | Flow Wrappers

  • Machinery Dimensions: 149.61 x 62.99 x 78.74 in
  • Model: Carrera 2000 PC
  • Manufacturer Name: Ilapak
  • Machinery Weight: 1653.45 lb
  • Year: 2007
  • Located in: Europe

We buy Ilapak Carrera 2000 PC in bulk. Click here to get a free valuation.

Binder C150 13-05652 39.64 gal 120 VOLTS 60 HERTZ | Incubators

  • Machinery Dimensions: 32.09 x 26.77 x 32.24 in
  • Temperature Range: 7 - 50 DEG C
  • Capacity Size: 39.64 gal
  • Model: C150
  • Serial Number: 13-05652
  • Manufacturer Name: Binder
  • Jacketed: YES
  • Machinery Weight: 209.44 lb
  • Year: 2013
  • Recommended Packaging Form: CUSTOM
  • Voltage: 120 VOLTS
  • Frequency: 60 HERTZ
  • Located in: Morelos, Mexico

We buy Binder C150 13-05652 39.64 gal 120 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Alcan Packaging Laize 285 MM Sans Impression | Thermoformers and Trim Presses

  • Machinery Dimensions: 1.18 x 1.18 x 11.22 in
  • Model: Laize 285 MM Sans Impression
  • Manufacturer Name: Alcan Packaging
  • Machinery Weight: 33.07 lb
  • Frequency: HERTZ
  • Voltage: VOLTS
  • Located in: Latin America

We buy Alcan Packaging Laize 285 MM Sans Impression in bulk. Click here to get a free valuation.

Aczet Pvt.Ltd. CY 603K | Balances

  • Model: CY 603K
  • Manufacturer Name: Aczet Pvt.Ltd.
  • Located in: North America

We buy Aczet Pvt.Ltd. CY 603K in bulk. Click here to get a free valuation.

Various | Lab Mixers

  • Machinery Dimensions: 12 x 12 x 12 IN
  • Manufacturer Name: Various
  • Machinery Weight: 25 Pounds
  • Recommended Packaging Form: 12C (12X12X12)
  • Located in: MA, USA

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

Tektronix Inc. TLA5201 B020448 100-240 VOLTS 220 WATTS | Miscellaneous

  • Serial Number: B020448
  • Machinery Dimensions: 18 x 12 x 12 IN
  • Model: TLA5201
  • Recommended Packaging Form: 20C FOAM
  • Current: 220 WATTS
  • Machinery Weight: 24 LBS
  • Manufacturer Name: Tektronix Inc.
  • Voltage: 100-240 VOLTS
  • CE Marked: YES
  • Phase: 1
  • Located in: Hillsboro, OR, USA

We buy Tektronix Inc. TLA5201 B020448 100-240 VOLTS 220 WATTS in bulk. Click here to get a free valuation.

Ambaflex Spiralveyor SV 15156-08 480 VOLTS CARBON STEEL 16 IN SPIRAL CONVEYOR | Conveyors

  • Serial Number: 15156-08
  • Machinery Weight: 1800 LBS
  • Machinery Dimensions: 74 x 72 x 140 IN
  • Type of Conveyors: SPIRAL CONVEYOR
  • Belt Size: 16 IN
  • Model: Spiralveyor SV
  • Manufacturer Name: Ambaflex
  • Portable: NO
  • Year: 2013
  • CE Marked: YES
  • Voltage: 480 VOLTS
  • Material of Construction: CARBON STEEL
  • Located in: LA, USA

We buy Ambaflex Spiralveyor SV 15156-08 480 VOLTS CARBON STEEL 16 IN SPIRAL CONVEYOR in bulk. Click here to get a free valuation.

Connectors Verbindungstechnik AG 500 Liter STAINLESS STEEL 31.89 in 39.37 in | Mixing Vessels

  • Machinery Dimensions: 35.43 x 31.50 x 66.93 in
  • Model: 500 Liter
  • Overall Height: 39.37 in
  • Inside Diameter: 31.89 in
  • Capacity Size of Vessel: lb
  • Manufacturer Name: Connectors Verbindungstechnik AG
  • Straight Side: in
  • Type of Top Head: DISHED
  • Type of Bottom Head: DISHED
  • Agitation: YES
  • Tank Material of Construction: STAINLESS STEEL
  • Machinery Weight: 264.55 lb
  • Jacketed: NO
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: Switzerland

We buy Connectors Verbindungstechnik AG 500 Liter STAINLESS STEEL 31.89 in 39.37 in in bulk. Click here to get a free valuation.

Ferromatik Milacron K275 275 TONS 400 VOLTS 50 HERTZ | Injection Molders

  • Model: K275
  • Machinery Dimensions: 322.83 x 86.61 x 106.30 in
  • Capacity Size: 275 TONS
  • Manufacturer Name: Ferromatik Milacron
  • Voltage: 400 VOLTS
  • Machinery Weight: 11023.00 lb
  • Frequency: 50 HERTZ
  • Phase: 3
  • Located in: Africa

We buy Ferromatik Milacron K275 275 TONS 400 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Pfaudler RA500 GLASS LINED 500 GALS MECHANICAL SEAL BEAVER TAIL | Reactors

  • Machinery Dimensions: 10 x 5 x 10 FT
  • Baffle: BEAVER TAIL
  • Type of Seal: MECHANICAL SEAL
  • Model: RA500
  • Capacity of Reactor: 500 GALS
  • Manufacturer Name: Pfaudler
  • Glass Lined - Has Vessel Been Spark Tested: YES
  • Type of Agitation: 3 BLADE RETREAT
  • Reactor Material of Construction: GLASS LINED
  • Agitator Location: TOP
  • Full Vacuum: YES
  • Agitation: YES
  • Machinery Weight: 6000 LBS
  • Phase: 3
  • Located in: North America

We buy Pfaudler RA500 GLASS LINED 500 GALS MECHANICAL SEAL BEAVER TAIL 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.

Ocean Optics FLAME-T(USB4000) FLMT03893 | Spectrometers

  • Machinery Dimensions: 3.50 x 2.48 x 1.26 in
  • Serial Number: FLMT03893
  • Model: FLAME-T(USB4000)
  • Manufacturer Name: Ocean Optics
  • Machinery Weight: 1 LBS
  • Year: 2019
  • CE Marked: YES
  • Located in: IL, USA

We buy Ocean Optics FLAME-T(USB4000) FLMT03893 in bulk. Click here to get a free valuation.

SE International Monitor 4 70159 | Meters

  • Model: Monitor 4
  • Serial Number: 70159
  • Manufacturer Name: SE International
  • Machinery Dimensions: 5.91 x 9.84 x 1.97 in
  • Machinery Weight: 2.20 lb
  • Located in: Medan, Indonesia

We buy SE International Monitor 4 70159 in bulk. Click here to get a free valuation.

Gilson 215 259G9367 100-240 VOLTS 50/60 HERTZ | Liquid Handlers

  • Serial Number: 259G9367
  • Machinery Dimensions: 39.37 x 31.50 x 23.62 in
  • Model: 215
  • Manufacturer Name: Gilson
  • Voltage: 100-240 VOLTS
  • Machinery Weight: 110.23 lb
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Antwerpen, Belgium

We buy Gilson 215 259G9367 100-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Ursviken Optima 160 2x6.1|5.1 4431 440 VOLTS 60 HERTZ 18.5 KW | Brakes and Press Brakes

  • Machinery Dimensions: 318.90 x 70.87 x 165.35 in
  • Model: Optima 160 2x6.1|5.1
  • Serial Number: 4431
  • Tonnage: 160
  • Manufacturer Name: Ursviken
  • Current: 18.5 KW
  • Voltage: 440 VOLTS
  • Year: 1993
  • Type of Control: CNC
  • Machinery Weight: 42989.70 lb
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Jalisco, Mexico

We buy Ursviken Optima 160 2x6.1|5.1 4431 440 VOLTS 60 HERTZ 18.5 KW in bulk. Click here to get a free valuation.