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

Surplus Machinery

Dionex | Ion Chromatography

  • Manufacturer Name: Dionex
  • Located in: North America

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

L.B.Bohle Maschinen MCL1400S P6230 3086.44 lb | Storage Totes

  • Machinery Dimensions: 0.08 x 0.08 x 0.08 in
  • Model: MCL1400S
  • Serial Number: P6230
  • Manufacturer Name: L.B.Bohle Maschinen
  • Capacity Size: 3086.44 lb
  • Machinery Weight: 440.92 lb
  • Year: 2010
  • Located in: Austria

We buy L.B.Bohle Maschinen MCL1400S P6230 3086.44 lb in bulk. Click here to get a free valuation.

Tecan Genesis 150 5310 100-240 VOLTS 50/60 HERTZ | Miscellaneous

  • Machinery Dimensions: 27.56 x 59.06 x 31.50 in
  • Model: Genesis 150
  • Serial Number: 5310
  • Manufacturer Name: Tecan
  • Machinery Weight: 264.55 lb
  • Year: 2000
  • Voltage: 100-240 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Basel, Basel, Switzerland

We buy Tecan Genesis 150 5310 100-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Hitachi Titanium Rotor C40CT2 1008 brand new | Assembly Packaging

  • Serial Number: 1008
  • Model: Titanium Rotor C40CT2
  • Machinery Weight: 88.18 lb
  • Machinery Dimensions: 37.80 x 14.96 x 9.45 in
  • Last Known Date of Operation: brand new
  • Any special features on the system?: YES
  • Any upgrade to the system?: YES
  • Manufacturer Name: Hitachi
  • Is System Running or Powered Off?: RUNNING
  • Fuctional or Non Functional: FUCTIONAL
  • Year: 2012
  • CE Marked: NO
  • Recommended Packaging Form: PALLET
  • Located in: Czech Republic

We buy Hitachi Titanium Rotor C40CT2 1008 brand new in bulk. Click here to get a free valuation.

Velocity11 08344.006 20.00175.0060 | Microplate Handler/Stackers

  • Machinery Weight: 93 LBS
  • Machinery Dimensions: 51 x 8 x 18 IN
  • Serial Number: 20.00175.0060
  • Model: 08344.006
  • Manufacturer Name: Velocity11
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: CA, USA

We buy Velocity11 08344.006 20.00175.0060 in bulk. Click here to get a free valuation.

Shimadzu UV-1700 Pharma Spec A11024136089CS 100-120/230-240 VOLTS 50/60 HERTZ 4.0/2.0 AMPS | Spectrophotometers

  • Machinery Dimensions: 25.59 x 19.69 x 9.84 in
  • Current: 4.0/2.0 AMPS
  • Voltage: 100-120/230-240 VOLTS
  • Serial Number: A11024136089CS
  • Model: UV-1700 Pharma Spec
  • Manufacturer Name: Shimadzu
  • Machinery Weight: 165.35 lb
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • CE Marked: NO
  • Phase: 1
  • Located in: Estado de México, Mexico

We buy Shimadzu UV-1700 Pharma Spec A11024136089CS 100-120/230-240 VOLTS 50/60 HERTZ 4.0/2.0 AMPS in bulk. Click here to get a free valuation.

Hanson Research SR8 12062212 220 VOLTS 50 HERTZ | Dissolution Systems

  • Serial Number: 12062212
  • Machinery Dimensions: 27.56 x 29.92 x 31.50 in
  • Model: SR8
  • Manufacturer Name: Hanson Research
  • Machinery Weight: 110.23 lb
  • Frequency: 50 HERTZ
  • Voltage: 220 VOLTS
  • CE Marked: YES
  • Phase: 1
  • Located in: Germany

We buy Hanson Research SR8 12062212 220 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

PSM Inc. NPT-304-250S NPT-304-250S-2011 Latest Version 208 VOLTS 50/60 HERTZ 50 AMPS | Plasma Cleaner

  • Machinery Weight: 1714 LBS
  • Machinery Dimensions: 113 x 56 x 84 IN
  • Type of System Interface (SECS GEM): N/A
  • User Interface Date of Manufacture: 2011.09.22
  • User Interface Serial Number: 11X0922
  • Date of System Operating Software: 2011.09
  • Last Known Date of Operation: 2018.02
  • Date of Last PM: 2018.02
  • Process Capability: Contact Angle - lower than 5 degrees (Reference Glass)
  • Model: NPT-304-250S
  • Serial Number: NPT-304-250S-2011
  • Output Media: Glass, PET/PI film, Polymer, Metal
  • Input Media: Glass, PET/PI film, Polymer, Metal
  • Temperature Range: Room Temperature DEG C
  • Type of Temperature Control: N/A
  • Type of User Interface: HMI/PLC
  • Version of System Operating Software: Latest Version
  • Operating System: PSM O/S (Installed)
  • Manufacturer Name: PSM Inc.
  • Current: 50 AMPS
  • Phase: 3+1
  • Year: 2011
  • Recommended Packaging Form: CRATE
  • Voltage: 208 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Located in: CA, USA

We buy PSM Inc. NPT-304-250S NPT-304-250S-2011 Latest Version 208 VOLTS 50/60 HERTZ 50 AMPS in bulk. Click here to get a free valuation.

Polyscience 5850T57XC751 1A1131142 240 VOLTS 50 HERTZ 29 AMPS | Chillers

  • Serial Number: 1A1131142
  • Machinery Dimensions: 19.69 x 43.31 x 27.56 in
  • Model: 5850T57XC751
  • Manufacturer Name: Polyscience
  • Current: 29 AMPS
  • Voltage: 240 VOLTS
  • Machinery Weight: 220.46 lb
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 1
  • Located in: Switzerland

We buy Polyscience 5850T57XC751 1A1131142 240 VOLTS 50 HERTZ 29 AMPS in bulk. Click here to get a free valuation.

Xcellerex XDM-Q-1000-S 30346-27 264.26 gal | Mixers

  • Serial Number: 30346-27
  • Model: XDM-Q-1000-S
  • Machinery Dimensions: 59.06 x 47.24 x 59.06 in
  • Manufacturer Name: Xcellerex
  • Capacity Size: 264.26 gal
  • Machinery Weight: 374.78 lb
  • Located in: Switzerland

We buy Xcellerex XDM-Q-1000-S 30346-27 264.26 gal in bulk. Click here to get a free valuation.

ACG Pam Pharma Technologies AF 40T AF40T-185 220 VOLTS 60 HERTZ | Fillers

  • Machinery Weight: 2870 Pounds
  • Machinery Dimensions: 48 x 44 x 75 IN
  • Type of Filler: CAPSULE
  • Model: AF 40T
  • Serial Number: AF40T-185
  • Manufacturer Name: ACG Pam Pharma Technologies
  • Voltage: 220 VOLTS
  • CE Marked: NO
  • Recommended Packaging Form: CUSTOM PALLET
  • Frequency: 60 HERTZ
  • Located in: MA, USA

We buy ACG Pam Pharma Technologies AF 40T AF40T-185 220 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Process Solutions OL54 21738E 1800 LBS 460 VOLTS 60 HERTZ 30 AMPS | Lifts

  • Serial Number: 21738E
  • Machinery Dimensions: 156 x 29 x 156 IN
  • Model: OL54
  • Capacity Size: 1800 LBS
  • Type of Lift: BIN OR TOTE
  • Manufacturer Name: Process Solutions
  • Lifting Device: FORK
  • Operation: AUTOMATIC
  • Current: 30 AMPS
  • Voltage: 460 VOLTS
  • Year: 2005
  • Machinery Weight: 2000 LBS
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: PR, USA

We buy Process Solutions OL54 21738E 1800 LBS 460 VOLTS 60 HERTZ 30 AMPS in bulk. Click here to get a free valuation.

GE Healthcare In Cell Analyzer 2000 B10055 100-240 VOLTS 50/60 HERTZ | Miscellaneous

  • Machinery Dimensions: 47.24 x 27.56 x 27.56 in
  • Serial Number: B10055
  • Model: In Cell Analyzer 2000
  • Manufacturer Name: GE Healthcare
  • Voltage: 100-240 VOLTS
  • Machinery Weight: 220.46 lb
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Basel, Basel, Switzerland

We buy GE Healthcare In Cell Analyzer 2000 B10055 100-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Process Thermal Dynamics, Inc FS3512150A48|3K 1038960 480 VOLTS 50/60 HERTZ | Miscellaneous

  • Serial Number: 1038960
  • Model: FS3512150A48|3K
  • Manufacturer Name: Process Thermal Dynamics, Inc
  • Machinery Dimensions: 40 x 40 x 48 IN
  • Machinery Weight: 500 LBS
  • Frequency: 50/60 HERTZ
  • Voltage: 480 VOLTS
  • Phase: 3
  • Located in: Lakeville, MN, USA

We buy Process Thermal Dynamics, Inc FS3512150A48|3K 1038960 480 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Thermo Fisher Scientific IN1006 IMD3V 230 VOLTS 50 HERTZ | Integrity Testers

  • Serial Number: IMD3V
  • Machinery Weight: 532 LBS
  • Machinery Dimensions: 41 x 34 x 67 IN
  • Model: IN1006
  • Manufacturer Name: Thermo Fisher Scientific
  • Voltage: 230 VOLTS
  • Recommended Packaging Form: CRATE
  • Frequency: 50 HERTZ
  • Phase: 1
  • Located in: MA, USA

We buy Thermo Fisher Scientific IN1006 IMD3V 230 VOLTS 50 HERTZ 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.

OTEM H100 50 HERTZ | Flow Wrappers

  • Model: H100
  • Manufacturer Name: OTEM
  • Machinery Dimensions: 98.43 x 39.37 x 70.87 in
  • Machinery Weight: 1102.30 lb
  • Frequency: 50 HERTZ
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy OTEM H100 50 HERTZ 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.

HPLC Agilent 1100 System 6890 G1530 / 7683 | Gas Chromatographs (GC)

  • Model: 6890 G1530 / 7683
  • Manufacturer Name: HPLC Agilent 1100 System
  • Located in: North America

We buy HPLC Agilent 1100 System 6890 G1530 / 7683 in bulk. Click here to get a free valuation.

Erweka Multicheck no BAR 220 VOLTS 50 HERTZ no AMPS | Hardness Testers

  • Machinery Dimensions: 20.47 x 24.41 x 21.26 in
  • Products Run: tablets
  • Capacity Speed: no CU FT/MIN
  • Year: no
  • Model: Multicheck
  • Current: no AMPS
  • Air Requirements: no BAR
  • Manufacturer Name: Erweka
  • Machinery Weight: 11.02 lb
  • Frequency: 50 HERTZ
  • Voltage: 220 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Phase: 1
  • Located in: Europe

We buy Erweka Multicheck no BAR 220 VOLTS 50 HERTZ no AMPS in bulk. Click here to get a free valuation.

Bio Rad T100 621BR09935 100/240 VOLTS 50/60 HERTZ 10 AMPS | PCR and Thermal Cyclers

  • Machinery Dimensions: 15 x 10 x 10 IN
  • Recommended Packaging Form: 19C
  • Serial Number: 621BR09935
  • Model: T100
  • Manufacturer Name: Bio Rad
  • Machinery Weight: 25 LBS
  • Voltage: 100/240 VOLTS
  • Current: 10 AMPS
  • CE Marked: YES
  • Year: 2012
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Singapore

We buy Bio Rad T100 621BR09935 100/240 VOLTS 50/60 HERTZ 10 AMPS in bulk. Click here to get a free valuation.

Prisma 05C3 0,8 KW 220 VOLTS 50 HERTZ | Check Weighers

  • Machinery Dimensions: 36.61 x 27.56 x 62.99 in
  • Model: 05C3
  • Capacity Size: 0,8 KW
  • Manufacturer Name: Prisma
  • Machinery Weight: 485.01 lb
  • Frequency: 50 HERTZ
  • Voltage: 220 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Year: 1998
  • Located in: Europe

We buy Prisma 05C3 0,8 KW 220 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Smipack FP560 220-240 VOLTS 50/60 HERTZ | L Bar Sealers

  • Machinery Dimensions: 47.24 x 23.62 x 23.62 in
  • Model: FP560
  • Manufacturer Name: Smipack
  • Machinery Weight: 440.92 lb
  • Year: 2003
  • Voltage: 220-240 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Europe

We buy Smipack FP560 220-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Branson Ultrasonic Corporation 2200 100-240 VOLTS 50/60 HERTZ | Miscellaneous

  • Machinery Dimensions: 11.81 x 7.87 x 9.84 in
  • Model: 2200
  • Manufacturer Name: Branson Ultrasonic Corporation
  • Machinery Weight: 11.02 lb
  • Voltage: 100-240 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: Bridgend , Wales, United Kingdom

We buy Branson Ultrasonic Corporation 2200 100-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Seidenader V90-AVSB/60-RL | Inspection Machines

  • Machinery Dimensions: 78.74 x 35.43 x 64.96 in
  • Machinery Dimensions: 35.43 x 70.87 x 70.87 in
  • Model: V90-AVSB/60-RL
  • Manufacturer Name: Seidenader
  • Machinery Weight: 500 LBS
  • Machinery Weight: 1102.30 lb
  • Year: 2007
  • Located in: Europe

We buy Seidenader V90-AVSB/60-RL in bulk. Click here to get a free valuation.

Fedegari FOF1/A STEAM HEATED STAINLESS STEEL | Autoclaves

  • Machinery Weight: 4012.37 lb
  • Machinery Dimensions: 320 x 180 x 250 IN
  • Model: FOF1/A
  • Manufacturer Name: Fedegari
  • Heating or Cooling Source: STEAM HEATED
  • Year: 2016
  • Material of Construction: STAINLESS STEEL
  • CE Marked: YES
  • Located in: Middle East

We buy Fedegari FOF1/A STEAM HEATED STAINLESS STEEL 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.

Neri SpA sl400v 400 VOLTS 50 HERTZ | Labelers

  • Label Size: Labels length 13-100 mm Labels width 10-60 mm
  • Model: sl400v
  • Manufacturer Name: Neri SpA
  • Machinery Dimensions: 118.11 x 78.74 x 78.74 in
  • Year: 1999
  • Machinery Weight: 2645.52 lb
  • Voltage: 400 VOLTS
  • Frequency: 50 HERTZ
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy Neri SpA sl400v 400 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Busch NP0250.ALL6.000B U084507118 | Miscellaneous

  • Serial Number: U084507118
  • Model: NP0250.ALL6.000B
  • Machinery Weight: 900 LBS
  • Machinery Dimensions: 68 x 36 x 66 IN
  • Manufacturer Name: Busch
  • Located in: Skull Valley, UT, USA

We buy Busch NP0250.ALL6.000B U084507118 in bulk. Click here to get a free valuation.

TK Fielder PMA 25 HIGH SHEAR 380 VOLTS 6.61 gal | Mixers

  • Machinery Dimensions: 511.81 x 47.24 x 59.06 in
  • Model: PMA 25
  • Manufacturer Name: TK Fielder
  • Capacity Size: 6.61 gal
  • Type of mixer: HIGH SHEAR
  • Year: 1990
  • Frequency: 50
  • Voltage: 380 VOLTS
  • Machinery Weight: 1102.30 lb
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: Europe

We buy TK Fielder PMA 25 HIGH SHEAR 380 VOLTS 6.61 gal in bulk. Click here to get a free valuation.

Rohde and Schwarz CMW-Z24 101420 | Miscellaneous

  • Serial Number: 101420
  • Machinery Dimensions: 20 x 19 x 3 IN
  • Model: CMW-Z24
  • Manufacturer Name: Rohde and Schwarz
  • Machinery Weight: 9 LBS
  • Recommended Packaging Form: 24C (28X24X22)
  • Located in: San Jose, CA, USA

We buy Rohde and Schwarz CMW-Z24 101420 in bulk. Click here to get a free valuation.

Labconco Corporation 3621304 010917090H 115 VOLTS 60 HERTZ 16 AMPS | Biological Safety Cabinet

  • Machinery Dimensions: 78.74 x 35.43 x 86.61 in
  • Serial Number: 010917090H
  • Model: 3621304
  • Manufacturer Name: Labconco Corporation
  • Current: 16 AMPS
  • Voltage: 115 VOLTS
  • Machinery Weight: 661.38 lb
  • Recommended Packaging Form: CUSTOM
  • CE Marked: NO
  • Phase: 1
  • Frequency: 60 HERTZ
  • Located in: Distrito Federal, Mexico

We buy Labconco Corporation 3621304 010917090H 115 VOLTS 60 HERTZ 16 AMPS in bulk. Click here to get a free valuation.

Terra Universal 4951-46-2 4951-46-211786612,4951-46-217786611 | Dispensers

  • Machinery Dimensions: 56 x 8 x 24 IN
  • Model: 4951-46-2
  • Serial Number: 4951-46-211786612,4951-46-217786611
  • Manufacturer Name: Terra Universal
  • Machinery Weight: 50 LBS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Located in: CA, USA

We buy Terra Universal 4951-46-2 4951-46-211786612,4951-46-217786611 in bulk. Click here to get a free valuation.

Cermex sl11 | Case Packers

  • Machinery Dimensions: 157.48 x 82.68 x 84.65 in
  • Model: sl11
  • Case Sealing: HOT MELT GLUE
  • Manufacturer Name: Cermex
  • Machinery Weight: 3306.90 lb
  • Year: 1989
  • Located in: Europe

We buy Cermex sl11 in bulk. Click here to get a free valuation.

Mettler Toledo AE163 115-220 VOLTS 50/60 HERTZ | Miscellaneous

  • Model: AE163
  • Machinery Dimensions: 17.72 x 17.72 x 11.81 in
  • Voltage: 115-220 VOLTS
  • Manufacturer Name: Mettler Toledo
  • Capacity Size: lb
  • Machinery Weight: 44.09 lb
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: Basel, Basel, Switzerland

We buy Mettler Toledo AE163 115-220 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Keithley 4200-SCS 100-240 VOLTS 50/60 HERTZ | Miscellaneous

  • Machinery Dimensions: 35 x 33 x 14 IN
  • Model: 4200-SCS
  • Manufacturer Name: Keithley
  • Machinery Weight: 125 LBS
  • Voltage: 100-240 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: San Jose, CA, USA

We buy Keithley 4200-SCS 100-240 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.

adatech td1100 380 VOLTS 50 HERTZ 10 AMPS no required | Food Equipment

  • Machinery Dimensions: 78.74 x 47.24 x 90.55 in
  • Model: td1100
  • Heating Cooling Requirements: no required
  • Manufacturer Name: adatech
  • Year: 2018
  • Current: 10 AMPS
  • Voltage: 380 VOLTS
  • Machinery Weight: 4409.20 lb
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM PALLET
  • Phase: 3
  • Located in: Turkey

We buy adatech td1100 380 VOLTS 50 HERTZ 10 AMPS no required in bulk. Click here to get a free valuation.

Lauda RM6 T07010 230 VOLTS 50/60 HERTZ | Miscellaneous

  • Model: RM6
  • Serial Number: T07010
  • Manufacturer Name: Lauda
  • Machinery Dimensions: 11.81 x 15.75 x 23.62 in
  • Machinery Weight: 66.14 lb
  • Voltage: 230 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: Basel, Basel, Switzerland

We buy Lauda RM6 T07010 230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

USHIO PE-250T2 | Front End Metrology Inspection

  • Model: PE-250T2
  • Manufacturer Name: USHIO
  • Machinery Dimensions: 96 x 60 x 72 IN
  • Year: 1991
  • Machinery Weight: 2500 LBS
  • Recommended Packaging Form: CUSTOM
  • Located in: East Asia/Pacific

We buy USHIO PE-250T2 in bulk. Click here to get a free valuation.