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

Surplus Machinery

Fette 1200-IC 09099 400-220 VOLTS 50/60 HERTZ | Tablet Presses

  • Machinery Weight: 5908.33 lb
  • Machinery Dimensions: 290.16 x 59.06 x 86.61 in
  • Voltage: 400-220 VOLTS
  • Tooling type (IPT, EU, Other): EU
  • Capacity Size (tooling - 'bb', 'B' or 'D'): B
  • No. of Stations: 24
  • Model: 1200-IC
  • Serial Number: 09099
  • Manufacturer Name: Fette
  • Phase: 3+1
  • Year: 1996
  • Frequency: 50/60 HERTZ
  • CE Marked: NO
  • Located in: Germany

We buy Fette 1200-IC 09099 400-220 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Nanostring Technologies nCounter Digital Analyzer 5S 1105D0010 240 VOLTS 50/60 HERTZ PARTICLE SIZE | Miscellaneous

  • Serial Number: 1105D0010
  • Machinery Dimensions: 27.56 x 23.62 x 19.69 in
  • Type: PARTICLE SIZE
  • Model: nCounter Digital Analyzer 5S
  • Manufacturer Name: Nanostring Technologies
  • Voltage: 240 VOLTS
  • Machinery Weight: 132.28 lb
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: Basel, Basel, Switzerland

We buy Nanostring Technologies nCounter Digital Analyzer 5S 1105D0010 240 VOLTS 50/60 HERTZ PARTICLE SIZE in bulk. Click here to get a free valuation.

GEA Process Engineering Ltd B4973 0.5t VS 5020/5543 STAINLESS STEEL 132.13 gal 1/2 BAR 6 BAR | Reactors

  • Machinery Dimensions: 236.22 x 236.22 x 118.11 in
  • Jacket Temperature Rating: 166 DEG C
  • Internal Temperature Rating: 95 DEG C
  • Internal Pressure Rating: 1/2 BAR
  • Model: B4973 0.5t
  • Serial Number: VS 5020/5543
  • Manufacturer Name: GEA Process Engineering Ltd
  • Capacity of Reactor: 132.13 gal
  • Jacket Pressure Rating: 6 BAR
  • Agitator Location: TOP
  • Grade of Stainless Steel: 316L
  • Agitation: YES
  • Reactor Material of Construction: STAINLESS STEEL
  • Machinery Weight: 22046.00 lb
  • Year: 2015
  • CE Marked: YES
  • Located in: Russia

We buy GEA Process Engineering Ltd B4973 0.5t VS 5020/5543 STAINLESS STEEL 132.13 gal 1/2 BAR 6 BAR in bulk. Click here to get a free valuation.

Sorensen DLM20-30M9G 1338A04503,1424A01877 115-230 VOLTS 50/60 HERTZ 714 WATTS | Miscellaneous

  • Serial Number: 1338A04503,1424A01877
  • 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 1338A04503,1424A01877 115-230 VOLTS 50/60 HERTZ 714 WATTS in bulk. Click here to get a free valuation.

Bramidan 3-0 50/60 HERTZ | Balers

  • Bale Size: 750mm L x 500mm W x 650mm H
  • Vertical: YES
  • Model: 3-0
  • Manufacturer Name: Bramidan
  • Machinery Dimensions: 39.37 x 47.24 x 78.74 in
  • Machinery Weight: 3306.90 lb
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: Europe

We buy Bramidan 3-0 50/60 HERTZ 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.

Thermonics T-2800 1301-840 | Miscellaneous

  • Machinery Weight: 609 LBS
  • Machinery Dimensions: 34 x 33 x 63 IN
  • Model: T-2800
  • Serial Number: 1301-840
  • Manufacturer Name: Thermonics
  • Recommended Packaging Form: CUSTOM
  • Located in: San Jose, CA, USA

We buy Thermonics T-2800 1301-840 in bulk. Click here to get a free valuation.

Riggs Autopack 90 PSI | Sanitary Pumps

  • Manufacturer Name: Riggs Autopack
  • Machinery Dimensions: 0.00 x 0.00 x 0.00 ft
  • Machinery Weight: 0.00 lb
  • Air Requirements: 90 PSI
  • Located in: Europe

We buy Riggs Autopack 90 PSI in bulk. Click here to get a free valuation.

Tease Eletronica Ltda AP6-30 TEM 14007 60 HERTZ | Transformers

  • Serial Number: 14007
  • Machinery Dimensions: 11.81 x 27.56 x 47.24 in
  • KVA: 25
  • Model: AP6-30 TEM
  • Manufacturer Name: Tease Eletronica Ltda
  • Machinery Weight: 705.47 lb
  • Year: 2014
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: MG, Brazil

We buy Tease Eletronica Ltda AP6-30 TEM 14007 60 HERTZ in bulk. Click here to get a free valuation.

Alexanderwerk UGM 380 VOLTS 1,4-1,8 KW | Granulators

  • Current: 1,4-1,8 KW
  • Frequency: 50
  • Model: UGM
  • Manufacturer Name: Alexanderwerk
  • Machinery Weight: 132.28 lb
  • Voltage: 380 VOLTS
  • Machinery Dimensions: 31.50 x 23.62 x 35.43 in
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy Alexanderwerk UGM 380 VOLTS 1,4-1,8 KW 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.

Ishida Europe Limited CCW-M-214W-S/50-SS Multihead | Scales

  • Machinery Weight: 2028.23 lb
  • Machinery Dimensions: 9.84 x 9.84 x 6.56 ft
  • Model: CCW-M-214W-S/50-SS Multihead
  • Manufacturer Name: Ishida Europe Limited
  • Year: 2003
  • Located in: Europe

We buy Ishida Europe Limited CCW-M-214W-S/50-SS Multihead in bulk. Click here to get a free valuation.

A.O. Smith DSE 30-6 SM95-60724 480 VOLTS 50/60 HERTZ 8 AMPS | Heaters

  • Machinery Weight: 250 Pounds
  • Machinery Dimensions: 36 x 36 x 30 IN
  • Recommended Packaging Form: CUSTOM
  • Current: 8 AMPS
  • Frequency: 50/60 HERTZ
  • Voltage: 480 VOLTS
  • Serial Number: SM95-60724
  • Model: DSE 30-6
  • Manufacturer Name: A.O. Smith
  • CE Marked: NO
  • Phase: 3
  • Located in: PR, USA

We buy A.O. Smith DSE 30-6 SM95-60724 480 VOLTS 50/60 HERTZ 8 AMPS in bulk. Click here to get a free valuation.

Carl Zeiss Inc. Axiovert 100 TV 451385 115/230 VOLTS 50/60 HERTZ | Miscellaneous

  • Model: Axiovert 100 TV
  • Serial Number: 451385
  • Manufacturer Name: Carl Zeiss Inc.
  • Type of Microscope: INVERTED
  • Machinery Dimensions: 23.62 x 11.81 x 27.56 in
  • Machinery Weight: 44.09 lb
  • Voltage: 115/230 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: Basel, Basel, Switzerland

We buy Carl Zeiss Inc. Axiovert 100 TV 451385 115/230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Sontex Star 91 0 BPM 230 VOLTS 50 HERTZ | Bag Sealers

  • Machinery Dimensions: 0.59 x 0.59 x 0.47 in
  • Model: Star 91
  • Manufacturer Name: Sontex
  • Capacity Speed: 0 BPM
  • Voltage: 230 VOLTS
  • Machinery Weight: 198.41 lb
  • Frequency: 50 HERTZ
  • Phase: 1
  • Located in: Europe

We buy Sontex Star 91 0 BPM 230 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Metrohm 815 | Miscellaneous

  • Machinery Dimensions: 66 x 22 x 16 IN
  • Model: 815
  • Manufacturer Name: Metrohm
  • Machinery Weight: 80 LBS
  • Recommended Packaging Form: PALLET
  • Located in: Forest, VA, USA

We buy Metrohm 815 in bulk. Click here to get a free valuation.

Globe Pharma Mini Press - 1 220 VOLTS 60 HERTZ | Tablet Presses

  • Machinery Weight: 2200 Pounds
  • Machinery Dimensions: 3 x 3 x 5 FT
  • No. of Stations: 10
  • Model: Mini Press - 1
  • Manufacturer Name: Globe Pharma
  • Keyed upper punch bores: YES
  • Voltage: 220 VOLTS
  • Phase: 1
  • Frequency: 60 HERTZ
  • Recommended Packaging Form: PALLET
  • Located in: ON, Canada

We buy Globe Pharma Mini Press - 1 220 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Unknown 220 VOLTS 60 HERTZ | Wrappers/Overwrappers/Bundlers

  • Machinery Dimensions: 10 x 4 x 5 FT
  • Capacity Speed: 0
  • Machinery Weight: 2500 LBS
  • Year: 2010
  • Voltage: 220 VOLTS
  • Recommended Packaging Form: CUSTOM PALLET
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: North America

We buy Unknown 220 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Mettler Toledo KB 60 S 1892869 132.28 lb 240 VOLTS 50 HERTZ | Scales

  • Serial Number: 1892869
  • Machinery Dimensions: 20.47 x 15.75 x 5.12 in
  • Model: KB 60 S
  • Platform Dimensions: 500 x 400 in
  • Capacity Size: 132.28 lb
  • Manufacturer Name: Mettler Toledo
  • Machinery Weight: 44.09 lb
  • Voltage: 240 VOLTS
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 1
  • Located in: Wales, United Kingdom

We buy Mettler Toledo KB 60 S 1892869 132.28 lb 240 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Akashu Anzuyuko Technology Co.,Ltd Sensitive Measuring Jig AS150-02 120 VOLTS 50/60 HERTZ | Miscellaneous

  • Machinery Weight: 90 LBS
  • Machinery Dimensions: 24 x 23 x 29 IN
  • Model: Sensitive Measuring Jig
  • Serial Number: AS150-02
  • Manufacturer Name: Akashu Anzuyuko Technology Co.,Ltd
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Voltage: 120 VOLTS
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: San Jose, CA, USA

We buy Akashu Anzuyuko Technology Co.,Ltd Sensitive Measuring Jig AS150-02 120 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

BioTek Instruments ELx50 150996 and 232641 115 VOLTS 50/60 HERTZ | Microplate Washers

  • Machinery Dimensions: 28 x 15 x 6 IN
  • Serial Number: 150996 and 232641
  • Model: ELx50
  • Manufacturer Name: BioTek Instruments
  • Machinery Weight: 50 LBS
  • Voltage: 115 VOLTS
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: NC, USA

We buy BioTek Instruments ELx50 150996 and 232641 115 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

SMI S.p.A SK300T PC7018IS1009 43200 BPH Plastic Bottle 440 VOLTS 60 HERTZ 24 KW | Wrappers/Overwrappers/Bundlers

  • Machinery Dimensions: 614.17 x 70.87 x 106.30 in
  • Current: 24 KW
  • Wrapped Packages/Minute: 30
  • Packages/Minutes: 30 Packs /M
  • Capacity Speed: 43200 BPH
  • Model: SK300T
  • Serial Number: PC7018IS1009
  • Manufacturer Name: SMI S.p.A
  • Products Run: Plastic Bottle
  • Wrapping Method: SHRINK
  • Voltage: 440 VOLTS
  • Machinery Weight: 8818.40 lb
  • Year: 2007
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Mexico

We buy SMI S.p.A SK300T PC7018IS1009 43200 BPH Plastic Bottle 440 VOLTS 60 HERTZ 24 KW in bulk. Click here to get a free valuation.

NAL CHOCOLATE MACHINERY CHIEF19 50 KG/HR NO BAR 380 VOLTS 60 HERTZ | Temperers

  • Machinery Dimensions: 25.98 x 23.62 x 55.12 in
  • Heating Cooling Requirements: INSIDE
  • Capacity Speed: 50 KG/HR
  • Model: CHIEF19
  • Manufacturer Name: NAL CHOCOLATE MACHINERY
  • Air Requirements: no BAR
  • Year: 2018
  • Machinery Weight: 187.39 lb
  • Voltage: 380 VOLTS
  • Recommended Packaging Form: CUSTOM PALLET
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Europe

We buy NAL CHOCOLATE MACHINERY CHIEF19 50 KG/HR NO BAR 380 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Dell 3620 8YGR8N2 | Computer Equipment

  • Serial Number: 8YGR8N2
  • Model: 3620
  • Manufacturer Name: Dell
  • Machinery Weight: 1 LBS
  • Voltage: VOLTS
  • Machinery Dimensions: 1 x 1 x 1 IN
  • Recommended Packaging Form: CUSTOM
  • Located in: Honduras

We buy Dell 3620 8YGR8N2 in bulk. Click here to get a free valuation.

IMA RTL 6 6000 BPH 8 BAR 380 VOLTS 10 KW | Monobloc Filler-Capper Combination

  • Machinery Dimensions: 80.71 x 47.24 x 59.06 in
  • Max operating speed: 6000 BPH
  • Model: RTL 6
  • Current: 10 KW
  • Manufacturer Name: IMA
  • Number of Heads: 2
  • Air Requirements: 8 BAR
  • Frequency: 50
  • Type of Capping: SCREW
  • Type of Capper: ROTARY
  • Year: 2008
  • Type of Filler: ROTARY
  • Voltage: 380 VOLTS
  • Machinery Weight: 1102.30 lb
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: Europe

We buy IMA RTL 6 6000 BPH 8 BAR 380 VOLTS 10 KW in bulk. Click here to get a free valuation.

CFS T-3000/360 735/167 0 BPM 380 VOLTS 50 HERTZ 30 AMPS | Thermoformers and Trim Presses

  • Machinery Dimensions: 338.58 x 43.31 x 78.74 in
  • Products Run: T-3000
  • Capacity Speed: 0 BPM
  • Serial Number: 735/167
  • Model: T-3000/360
  • Manufacturer Name: CFS
  • Year: 1994
  • Current: 30 AMPS
  • Voltage: 380 VOLTS
  • Machinery Weight: 2204.60 lb
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 3
  • Located in: Spain

We buy CFS T-3000/360 735/167 0 BPM 380 VOLTS 50 HERTZ 30 AMPS in bulk. Click here to get a free valuation.

Tudela 31.50 in | Accumulators - Rotary Tables

  • Machinery Dimensions: 41.34 x 39.37 x 43.31 in
  • Machinery Dimensions: 173.23 x 39.37 x 43.31 in
  • Diameter: 31.50 in
  • Manufacturer Name: Tudela
  • Machinery Weight: 639.33 lb
  • Machinery Weight: 176.37 lb
  • Located in: ParanĂ¡ (PR), Brazil

We buy Tudela 31.50 in in bulk. Click here to get a free valuation.

Konica srx101 | Processors

  • Machinery Weight: 30lbs
  • Machinery Dimensions: 2.5 x 2 x 1 FT
  • Model: srx101
  • Manufacturer Name: Konica
  • Located in: North America

We buy Konica srx101 in bulk. Click here to get a free valuation.

Agilent Technologies ADM 2000 | Miscellaneous

  • Machinery Dimensions: 14 x 4 x 3 IN
  • Model: ADM 2000
  • Machinery Weight: 12 LBS
  • Manufacturer Name: Agilent Technologies
  • Recommended Packaging Form: 12C (12X12X12)
  • CE Marked: YES
  • Located in: Forest, VA, USA

We buy Agilent Technologies ADM 2000 in bulk. Click here to get a free valuation.

Beckman Coulter AVANTI J-E JSE13K04 208/240 VOLTS 60 HERTZ 24 AMPS | Laboratory Centrifuges

  • Machinery Weight: 630 LBS
  • Machinery Dimensions: 38 x 25 x 36 IN
  • Serial Number: JSE13K04
  • Model: AVANTI J-E
  • Manufacturer Name: Beckman Coulter
  • Voltage: 208/240 VOLTS
  • Current: 24 AMPS
  • Year: 2013
  • Phase: 1
  • Frequency: 60 HERTZ
  • Recommended Packaging Form: PALLET
  • Located in: Singapore

We buy Beckman Coulter AVANTI J-E JSE13K04 208/240 VOLTS 60 HERTZ 24 AMPS in bulk. Click here to get a free valuation.

VWR AD07R-20-V12V 1B1372137 220 VOLTS 50 HERTZ | Waterbaths and Circulators

  • Serial Number: 1B1372137
  • Machinery Dimensions: 21.26 x 8.66 x 24.80 in
  • Model: AD07R-20-V12V
  • Manufacturer Name: VWR
  • Machinery Weight: 66.14 lb
  • Frequency: 50 HERTZ
  • Voltage: 220 VOLTS
  • CE Marked: YES
  • Phase: 1
  • Located in: Germany

We buy VWR AD07R-20-V12V 1B1372137 220 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Fisher Scientific 20LFEEFSA 0162121501161212 57x27x23 IN 115 VOLTS 60 HERTZ 3 AMPS | Miscellaneous

  • Machinery Weight: 230 LBS
  • Machinery Dimensions: 30 x 34 x 68 IN
  • Type of Freezer: UPRIGHT
  • Chamber Dimensions: 57x27x23 IN
  • Temperature Range: -20 DEG C
  • Capacity Size: 20 CU FT
  • Model: 20LFEEFSA
  • Serial Number: 0162121501161212
  • Manufacturer Name: Fisher Scientific
  • Current: 3 AMPS
  • Voltage: 115 VOLTS
  • CE Marked: NO
  • Phase: 1
  • Frequency: 60 HERTZ
  • Recommended Packaging Form: PALLET
  • Located in: Forest, VA, USA

We buy Fisher Scientific 20LFEEFSA 0162121501161212 57x27x23 IN 115 VOLTS 60 HERTZ 3 AMPS in bulk. Click here to get a free valuation.

Magnus MLXi-PLUS-FR 50 HERTZ | Microscopes

  • Machinery Dimensions: 12 x 12 x 20 IN
  • Type of Microscope: DIGITAL
  • Model: MLXi-PLUS-FR
  • Manufacturer Name: Magnus
  • Year: 2020
  • Machinery Weight: 44.09 lb
  • Frequency: 50 HERTZ
  • Recommended Packaging Form: CUSTOM
  • CE Marked: NO
  • Phase: 1
  • Located in: South Asia

We buy Magnus MLXi-PLUS-FR 50 HERTZ in bulk. Click here to get a free valuation.

Lock Inspection Systems Ltd MET 30 + | Metal Detectors

  • Machinery Dimensions: 39.37 x 27.56 x 43.31 in
  • Model: MET 30 +
  • Manufacturer Name: Lock Inspection Systems Ltd
  • Machinery Weight: 1543.22 lb
  • Year: 2007
  • Located in: Europe

We buy Lock Inspection Systems Ltd MET 30 + in bulk. Click here to get a free valuation.

Thermo Fisher Scientific Exactive | Mass Spectrometers

  • Machinery Weight: 386 LBS
  • Machinery Dimensions: 33 x 36 x 37 IN
  • Model: Exactive
  • Manufacturer Name: Thermo Fisher Scientific
  • Type of Mass Spec: MSD
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: North America

We buy Thermo Fisher Scientific Exactive in bulk. Click here to get a free valuation.

Agilent Technologies 1200 / 6140 | Mass Spectrometers

  • Model: 1200 / 6140
  • Manufacturer Name: Agilent Technologies
  • Located in: North America

We buy Agilent Technologies 1200 / 6140 in bulk. Click here to get a free valuation.

Johnson Controls XT0-051X072-BAJA046A CKCMXT0097 2.20 lb 460 VOLTS 60 HERTZ | Air Handlers

  • Model: XT0-051X072-BAJA046A
  • Serial Number: CKCMXT0097
  • Machinery Dimensions: 94 x 72 x 59 IN
  • Manufacturer Name: Johnson Controls
  • Machinery Weight: 2300 LBS
  • Capacity Size: 2.20 lb
  • Voltage: 460 VOLTS
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Distrito Nacional, Dominican Republic

We buy Johnson Controls XT0-051X072-BAJA046A CKCMXT0097 2.20 lb 460 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Shanklin HS-2 | Flow Wrappers

  • Model: HS-2
  • Manufacturer Name: Shanklin
  • Machinery Weight: 0 LBS
  • Machinery Dimensions: 0 x 0 x 0 IN
  • Located in: North America

We buy Shanklin HS-2 in bulk. Click here to get a free valuation.

Electrix 7310 J107 | Miscellaneous

  • Machinery Dimensions: 21 x 10 x 17 IN
  • Model: 7310 J107
  • Manufacturer Name: Electrix
  • Machinery Weight: 30 LBS
  • Recommended Packaging Form: 19C (22X15X13)
  • Located in: Forest, VA, USA

We buy Electrix 7310 J107 in bulk. Click here to get a free valuation.

ABC Packaging Machine Corporation UVD-1 | HPLC

  • Model: UVD-1
  • Manufacturer Name: ABC Packaging Machine Corporation
  • Located in: North America

We buy ABC Packaging Machine Corporation UVD-1 in bulk. Click here to get a free valuation.