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

Surplus Machinery

Osgood Industries 500M 206494 60 HERTZ | Fillers

  • Machinery Weight: 950 Pounds
  • Current Application (Products,Sizes Run and Shape of Bottle): inserting small disc in can
  • Model: 500M
  • Serial Number: 206494
  • Manufacturer Name: Osgood Industries
  • Machinery Dimensions: 72 x 48 x 72 IN
  • Year: 1999
  • Type of Filler: ROTARY
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: SC, USA

We buy Osgood Industries 500M 206494 60 HERTZ in bulk. Click here to get a free valuation.

Uhlmann Packaging Systems C300X 300 CPM 75x75x150 mm. 8 BAR REVERSE TUCK LEAFLET FEEDER-PREFOLDED 220/380 VOLTS 50 HERTZ 20 AMPS | Horizontal Cartoners

  • Machinery Dimensions: 236.22 x 61.02 x 66.93 in
  • Product Sizing: 75x75x150 mm.
  • Model: C300X
  • Speed: 300 CPM
  • Carton Size or Range: Range: 30x15x65 mm.
  • Accessories: LEAFLET FEEDER-PREFOLDED
  • Products Run: blister
  • Manufacturer Name: Uhlmann Packaging Systems
  • Voltage: 220/380 VOLTS
  • Closure: REVERSE TUCK
  • Line Motion: INTERMITTENT
  • Product Loading: AUTOMATIC
  • Type of Closure: TUCK
  • Method of Code Dater: NONE
  • Air Requirements: 8 BAR
  • Year: 1993
  • Machinery Weight: 4000 LBS
  • Product Handling: HORIZONTAL
  • Carton Feeder Type: PICK AND PLACE
  • Frequency: 50 HERTZ
  • Recommended Packaging Form: CUSTOM
  • CE Marked: NO
  • Current: 20 AMPS
  • Phase: 3
  • Located in: Europe

We buy Uhlmann Packaging Systems C300X 300 CPM 75x75x150 mm. 8 BAR REVERSE TUCK LEAFLET FEEDER-PREFOLDED 220/380 VOLTS 50 HERTZ 20 AMPS in bulk. Click here to get a free valuation.

LoeschPack Loesch Verpackungstechnik GmbH TAF-DUO K 26470 10 KW 15-20 TPM 80 PSI 220 VOLTS 60 HERTZ 48.14 AMPS MOVIMIENTO CONTINUO EN SITIO | Tray Packers

  • Machinery Dimensions: 110 x 80 x 85 IN
  • Packing Method: EN SITIO
  • Method: MOVIMIENTO CONTINUO
  • Packages/Minute: 20
  • Corner Style: PEGAMENTO
  • Current: 48.14 AMPS
  • Products Run: SACHETS
  • Capacity Speed: 15-20 TPM
  • CE Marked: SÍ
  • Capacity Size: 10 KW
  • Serial Number: K 26470
  • Model: TAF-DUO
  • Manufacturer Name: LoeschPack Loesch Verpackungstechnik GmbH
  • Phase: 3+1
  • Air Requirements: 80 PSI
  • Machinery Weight: 2200 LBS
  • Recommended Packaging Form: EMBALAJE EN CAJA DE MADERA
  • Voltage: 220 VOLTS
  • Year: 2012
  • Frequency: 60 HERTZ
  • Located in: Colombia

We buy LoeschPack Loesch Verpackungstechnik GmbH TAF-DUO K 26470 10 KW 15-20 TPM 80 PSI 220 VOLTS 60 HERTZ 48.14 AMPS MOVIMIENTO CONTINUO EN SITIO in bulk. Click here to get a free valuation.

Anritsu Corporation MT8820C 6201300724 100-120/200-240 VOLTS 50/60 HERTZ 750 VA | Miscellaneous

  • Serial Number: 6201300724
  • Machinery Weight: 46 LBS
  • Current: 750 VA
  • Machinery Dimensions: 23 x 18 x 10 IN
  • Model: MT8820C
  • Manufacturer Name: Anritsu Corporation
  • Voltage: 100-120/200-240 VOLTS
  • Recommended Packaging Form: 24C (28X24X22)
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: San Jose, CA, USA

We buy Anritsu Corporation MT8820C 6201300724 100-120/200-240 VOLTS 50/60 HERTZ 750 VA in bulk. Click here to get a free valuation.

Rontech MF-220LAVuSRpSvSt 230 VOLTS 50/60 HERTZ | Inserting/Outserting Machines

  • Machinery Dimensions: 60 x 36 x 60 IN
  • Model: MF-220LAVuSRpSvSt
  • Manufacturer Name: Rontech
  • Year: 2010
  • Machinery Weight: 500 LBS
  • Voltage: 230 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: North America

We buy Rontech MF-220LAVuSRpSvSt 230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Romaco PAK 300 380 VOLTS 50 HERTZ | Miscellaneous Packaging Equipment

  • Machinery Dimensions: 171.26 x 72.83 x 67.52 in
  • Model: PAK 300
  • Manufacturer Name: Romaco
  • Machinery Weight: 3968.28 lb
  • Voltage: 380 VOLTS
  • Year: 2001
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: Europe

We buy Romaco PAK 300 380 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Ronchi Mario Srl unknown | Tablet Presses

  • Machinery Dimensions: 35.43 x 35.43 x 78.74 in
  • No. of Stations: 15
  • Manufacturer Name: Ronchi Mario Srl
  • Machinery Weight: 2204.60 lb
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy Ronchi Mario Srl unknown in bulk. Click here to get a free valuation.

Matrix Technologies PlateMate 2X2 301-9-299 115 VOLTS 50/60 HERTZ | Microplates

  • Machinery Weight: 200 Pounds
  • Machinery Dimensions: 24 x 24 x 24 IN
  • Serial Number: 301-9-299
  • Model: PlateMate 2X2
  • Manufacturer Name: Matrix Technologies
  • Voltage: 115 VOLTS
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: NC, USA

We buy Matrix Technologies PlateMate 2X2 301-9-299 115 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Aczet Pvt.Ltd. CY 224C | Balances

  • Model: CY 224C
  • Manufacturer Name: Aczet Pvt.Ltd.
  • Located in: North America

We buy Aczet Pvt.Ltd. CY 224C in bulk. Click here to get a free valuation.

Agilent Technologies 1100 Series VARIABLE WAVELENGTH 240 VOLTS 50/60 HERTZ | HPLC

  • Machinery Weight: 154.32 lb
  • Machinery Dimensions: 16.73 x 19.69 x 30.51 in
  • Voltage: 240 VOLTS
  • Model: 1100 Series
  • Type of Pump for HPLC: QUATERNARY
  • Type of Detector for HPLC: VARIABLE WAVELENGTH
  • Manufacturer Name: Agilent Technologies
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Switzerland

We buy Agilent Technologies 1100 Series VARIABLE WAVELENGTH 240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Mavag 311826010001 380-420 VOLTS 60 HERTZ | Filters

  • Machinery Dimensions: 27.56 x 27.56 x 62.99 in
  • Serial Number: 311826010001
  • Manufacturer Name: Mavag
  • Voltage: 380-420 VOLTS
  • Machinery Weight: 220.46 lb
  • CE Marked: YES
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Switzerland

We buy Mavag 311826010001 380-420 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Mettler Toledo AB54 1117120445 100 G 115 VOLTS 50/60 HERTZ | Miscellaneous

  • Serial Number: 1117120445
  • Model: AB54
  • Machinery Dimensions: 14 x 10 x 10 IN
  • Capacity Size: 100 G
  • Manufacturer Name: Mettler Toledo
  • Voltage: 115 VOLTS
  • Machinery Weight: 20 LBS
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Forest, VA, USA

We buy Mettler Toledo AB54 1117120445 100 G 115 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Klockner Bartelt IMC/S 20711 480 VOLTS 60 HERTZ 18 AMPS | Horizontal Cartoners

  • Machinery Weight: 5700 LBS
  • Machinery Dimensions: 49 x 10 x 8 FT
  • Serial Number: 20711
  • Model: IMC/S
  • Current: 18 AMPS
  • Manufacturer Name: Klockner Bartelt
  • Recommended Packaging Form: CUSTOM
  • Voltage: 480 VOLTS
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: PR, USA

We buy Klockner Bartelt IMC/S 20711 480 VOLTS 60 HERTZ 18 AMPS in bulk. Click here to get a free valuation.

Domnick Hunter Ltd MAXIGAS120ECBLH 07MX0105, unknown, unknown 145 PSI | Miscellaneous

  • Machinery Weight: 10800 LBS
  • Machinery Dimensions: 306 x 98 x 106 IN
  • Pressure Rating (Temperature): 122 DEG F
  • Pressure Rating (Pressure): 145 PSI
  • Model: MAXIGAS120ECBLH
  • Serial Number: 07MX0105, unknown, unknown
  • Manufacturer Name: Domnick Hunter Ltd
  • Year: 2007
  • CE Marked: YES
  • Located in: Mexico, MO, USA

We buy Domnick Hunter Ltd MAXIGAS120ECBLH 07MX0105, unknown, unknown 145 PSI in bulk. Click here to get a free valuation.

De Lama DLSG/0/CSP | Steam Generators

  • Machinery Dimensions: 70.87 x 47.24 x 70.87 in
  • Capacity Details: Capacity Lt 715
  • Capacity Size: Capacity Lt 715 gal
  • Model: DLSG/0/CSP
  • Manufacturer Name: De Lama
  • Year: 1991
  • Machinery Weight: 881.84 lb
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy De Lama DLSG/0/CSP in bulk. Click here to get a free valuation.

Solidpack LPA101 1005 | Packaging Lines

  • Model: LPA101
  • Manufacturer Name: Solidpack
  • Serial Number: 1005
  • Year: 2011
  • CE Marked: YES
  • Located in: Poland

We buy Solidpack LPA101 1005 in bulk. Click here to get a free valuation.

Carrier Corporation 30HCX 185 – 00002-AEE 12M700432 | Chillers

  • Serial Number: 12M700432
  • Model: 30HCX 185 – 00002-AEE
  • Manufacturer Name: Carrier Corporation
  • Year: 1997
  • CE Marked: YES
  • Located in: Poland

We buy Carrier Corporation 30HCX 185 – 00002-AEE 12M700432 in bulk. Click here to get a free valuation.

Phenomenex | Miscellaneous Lab Equipment

  • Manufacturer Name: Phenomenex
  • Located in: North America

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

Zayer 30KCU 440 VOLTS 60 HERTZ 141 AMPS | Fabricating Machines

  • Machinery Weight: 198414.00 lb
  • Machinery Dimensions: 59.06 x 9.84 x 13.12 ft
  • Current: 141 AMPS
  • Model: 30KCU
  • Manufacturer Name: Zayer
  • Voltage: 440 VOLTS
  • Phase: 3+1
  • Recommended Packaging Form: PERSONALIZADO
  • Year: 1999
  • Type of Control: CNC
  • CE Marked: DESCONOCIDO
  • Frequency: 60 HERTZ
  • Located in: Latin America

We buy Zayer 30KCU 440 VOLTS 60 HERTZ 141 AMPS in bulk. Click here to get a free valuation.

Turbo D150 | Depositors

  • Machinery Dimensions: 43.31 x 23.62 x 70.87 in
  • Model: D150
  • Manufacturer Name: Turbo
  • Machinery Weight: 440.92 lb
  • Located in: Europe

We buy Turbo D150 in bulk. Click here to get a free valuation.

Dan Science DPA-2500 DWK-2 | Wet Process

  • Machinery Dimensions: 96 x 60 x 72 IN
  • Model: DPA-2500 DWK-2
  • Manufacturer Name: Dan Science
  • Year: 1991
  • Machinery Weight: 5000 LBS
  • Recommended Packaging Form: CUSTOM
  • Located in: East Asia/Pacific

We buy Dan Science DPA-2500 DWK-2 in bulk. Click here to get a free valuation.

Edmund Buhler TH 15 6161CL00111 230 VOLTS 50/60 HERTZ 1.6 AMPS | Miscellaneous

  • Machinery Dimensions: 20.47 x 19.69 x 23.62 in
  • Current: 1.6 AMPS
  • Model: TH 15
  • Serial Number: 6161CL00111
  • Manufacturer Name: Edmund Buhler
  • Machinery Weight: 110.23 lb
  • Voltage: 230 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: Bridgend , Wales, United Kingdom

We buy Edmund Buhler TH 15 6161CL00111 230 VOLTS 50/60 HERTZ 1.6 AMPS in bulk. Click here to get a free valuation.

NEXTURN SA-20 40620366 220 VOLTS 50/60 HERTZ | Automatic Screw Machines

  • Machinery Weight: 6160 LBS
  • Machinery Dimensions: 76 x 56 x 65 IN
  • Control Model Number: Fanuc Series 18i-TB
  • Model: SA-20
  • Serial Number: 40620366
  • Manufacturer Name: NEXTURN
  • Bar Feeder Included: NO
  • Year: 2004
  • Type of Control: CNC
  • Voltage: 220 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: PR, USA

We buy NEXTURN SA-20 40620366 220 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

LCM Schokoladenmaschinen LCM 240ATC 56607 88.18 lb 400 VOLTS 60 HERTZ 3.5 KW | Candy or Confectionery Equipment

  • Machinery Dimensions: 120.47 x 32.28 x 51.57 in
  • Current: 3.5 KW
  • Capacity Size: 88.18 lb
  • Model: LCM 240ATC
  • Serial Number: 56607
  • Manufacturer Name: LCM Schokoladenmaschinen
  • Voltage: 400 VOLTS
  • Machinery Weight: 551.15 lb
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM PALLET
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: NS, Canada

We buy LCM Schokoladenmaschinen LCM 240ATC 56607 88.18 lb 400 VOLTS 60 HERTZ 3.5 KW in bulk. Click here to get a free valuation.

Belca BLSB 50 | L Bar Sealers

  • Machinery Dimensions: 4.92 x 5.25 x 6.56 ft
  • Model: BLSB 50
  • Manufacturer Name: Belca
  • Year: 2010
  • Machinery Weight: 1102.30 lb
  • Located in: Latin America

We buy Belca BLSB 50 in bulk. Click here to get a free valuation.

Keithley S400UX | Wafer Tester

  • Machinery Dimensions: 48 x 40 x 72 IN
  • Model: S400UX
  • Manufacturer Name: Keithley
  • Machinery Weight: 1200 LBS
  • Year: 1995
  • Recommended Packaging Form: CUSTOM
  • Located in: East Asia/Pacific

We buy Keithley S400UX in bulk. Click here to get a free valuation.

Anritsu Corporation MT8820C 6201465527 100-120/200-240 VOLTS 50/60 HERTZ 750 VA | Miscellaneous

  • Machinery Weight: 46 LBS
  • Serial Number: 6201465527
  • Current: 750 VA
  • Machinery Dimensions: 23 x 18 x 10 IN
  • Model: MT8820C
  • Manufacturer Name: Anritsu Corporation
  • Voltage: 100-120/200-240 VOLTS
  • Recommended Packaging Form: 24C (28X24X22)
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: San Jose, CA, USA

We buy Anritsu Corporation MT8820C 6201465527 100-120/200-240 VOLTS 50/60 HERTZ 750 VA in bulk. Click here to get a free valuation.

Carl Zeiss Inc. AXIO 230 VOLTS 50/60 HERTZ | Miscellaneous

  • Machinery Dimensions: 94.49 x 15.75 x 27.56 in
  • Model: AXIO
  • Manufacturer Name: Carl Zeiss Inc.
  • Type of Microscope: FLUORESCENCE
  • Voltage: 230 VOLTS
  • Machinery Weight: 198.41 lb
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: Basel, Basel, Switzerland

We buy Carl Zeiss Inc. AXIO 230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Officina Bocedi SRI FTB 419 12-1093-00 50 U/HR 6 BAR 400 VOLTS 50 HERTZ 34 AMPS | Pallet Wrappers

  • Machinery Dimensions: 251.97 x 163.86 x 224.41 in
  • Capacity Details: 50 Pallets Heat shrinking per Hour
  • Heating Cooling Requirements: Burner 80/ 220 KCAL
  • Products Run: Pallets
  • Product Sizing: 1200mm X 1000mm
  • Capacity Speed: 50 U/HR
  • Capacity Size: 50 CU M/HR
  • Serial Number: 12-1093-00
  • Model: FTB 419
  • Manufacturer Name: Officina Bocedi SRI
  • Current: 34 AMPS
  • Machinery Weight: 19841.40 lb
  • Phase: 3+1
  • Voltage: 400 VOLTS
  • Air Requirements: 6 BAR
  • Recommended Packaging Form: CRATE
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Year: 2012
  • Located in: United Arab Emirates

We buy Officina Bocedi SRI FTB 419 12-1093-00 50 U/HR 6 BAR 400 VOLTS 50 HERTZ 34 AMPS in bulk. Click here to get a free valuation.

Sartorius CP4202S 18450446 4200 G 0.01 G 11-21 VOLTS | Miscellaneous

  • Serial Number: 18450446
  • Platform Dimensions: 7.50'x 8” IN
  • Voltage: 11-21 VOLTS
  • Model: CP4202S
  • Capacity Size: 4200 G
  • Machinery Dimensions: 12 x 12 x 12 IN
  • Degree of Precision: 0.01 G
  • Manufacturer Name: Sartorius
  • Machinery Weight: 25 LBS
  • Recommended Packaging Form: PALLET
  • Located in: Forest, VA, USA

We buy Sartorius CP4202S 18450446 4200 G 0.01 G 11-21 VOLTS in bulk. Click here to get a free valuation.

Promech Lab Holding AB Siu24 | Vivarium Equipment - Misc

  • Machinery Dimensions: 5 x 4 x 2 IN
  • Model: Siu24
  • Manufacturer Name: Promech Lab Holding AB
  • Machinery Weight: 50 LBS
  • Year: 2013
  • Located in: CA, USA

We buy Promech Lab Holding AB Siu24 in bulk. Click here to get a free valuation.

Seidenader si20 | Inspection Machines

  • Machinery Dimensions: 393.70 x 78.74 x 78.74 in
  • Model: si20
  • Manufacturer Name: Seidenader
  • Machinery Weight: 7716.10 lb
  • Year: 2000
  • CE Marked: YES
  • Located in: Orleans, France

We buy Seidenader si20 in bulk. Click here to get a free valuation.

Riken Keiki Cosmos V-810 | Wet Process

  • Machinery Dimensions: 30 x 18 x 6 IN
  • Model: Cosmos V-810
  • Manufacturer Name: Riken Keiki
  • Machinery Weight: 50 LBS
  • Year: 2004
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: East Asia/Pacific

We buy Riken Keiki Cosmos V-810 in bulk. Click here to get a free valuation.

Mettler Toledo DL53 120/230 VOLTS 50/60 HERTZ | Titrators

  • Model: DL53
  • Manufacturer Name: Mettler Toledo
  • Machinery Dimensions: 11.81 x 15.75 x 13.78 in
  • Machinery Weight: 44.09 lb
  • Voltage: 120/230 VOLTS
  • Frequency: 50/60 HERTZ
  • Located in: Europe

We buy Mettler Toledo DL53 120/230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Tegal - OEM Group, Inc 981 | Plasma Etcher

  • Model: 981
  • Manufacturer Name: Tegal - OEM Group, Inc
  • Machinery Dimensions: 84 x 84 x 96 IN
  • Machinery Weight: 5000 LBS
  • Recommended Packaging Form: CRATE
  • Located in: Asia

We buy Tegal - OEM Group, Inc 981 in bulk. Click here to get a free valuation.

Teledyne ASX-8000 | HPLC

  • Model: ASX-8000
  • Manufacturer Name: Teledyne
  • Located in: North America

We buy Teledyne ASX-8000 in bulk. Click here to get a free valuation.

Quadro Engineering Inc. ZC-0 0121 HIGH SHEAR 460 VOLTS 60 HERTZ 9 AMPS | Mixers

  • Machinery Dimensions: 30 x 49 x 59 IN
  • Model: ZC-0
  • Serial Number: 0121
  • Manufacturer Name: Quadro Engineering Inc.
  • Motor HP: 2
  • Current: 9 AMPS
  • Type of mixer: HIGH SHEAR
  • Machinery Weight: 400 LBS
  • Voltage: 460 VOLTS
  • Year: 2012
  • Recommended Packaging Form: CUSTOM
  • CE Marked: NO
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: MA, USA

We buy Quadro Engineering Inc. ZC-0 0121 HIGH SHEAR 460 VOLTS 60 HERTZ 9 AMPS in bulk. Click here to get a free valuation.

Waters Q-TOF Premier HAA 204. 240 VOLTS 50/60 HERTZ | Mass Spectrometers

  • Machinery Weight: 1047.19 lb
  • Machinery Dimensions: 45.28 x 47.24 x 57.09 in
  • Model: Q-TOF Premier
  • Serial Number: HAA 204.
  • Manufacturer Name: Waters
  • Voltage: 240 VOLTS
  • Year: 2006
  • Type of Mass Spec: Q-TOF
  • Recommended Packaging Form: CRATE
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Basel, Switzerland

We buy Waters Q-TOF Premier HAA 204. 240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Anritsu Corporation MT8820C 6201240027 100-120/200-240 VOLTS 50/60 HERTZ 750 VA | Miscellaneous

  • Serial Number: 6201240027
  • Current: 750 VA
  • Machinery Dimensions: 23 x 18 x 10 IN
  • Model: MT8820C
  • Manufacturer Name: Anritsu Corporation
  • Machinery Weight: 56 LBS
  • Voltage: 100-120/200-240 VOLTS
  • Recommended Packaging Form: 24C (28X24X22)
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: San Jose, CA, USA

We buy Anritsu Corporation MT8820C 6201240027 100-120/200-240 VOLTS 50/60 HERTZ 750 VA in bulk. Click here to get a free valuation.

Est Analytical FLEX ALS | Gas Chromatographs (GC)

  • Model: FLEX ALS
  • Manufacturer Name: Est Analytical
  • Located in: North America

We buy Est Analytical FLEX ALS in bulk. Click here to get a free valuation.