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

Surplus Machinery

Lanzini ELECTRICALLY HEATED 220/380 VOLTS 50/60 HERTZ | Drying Ovens

  • Machinery Dimensions: 74.80 x 35.43 x 66.93 in
  • Manufacturer Name: Lanzini
  • Temperature Range: 70 DEG C
  • Voltage: 220/380 VOLTS
  • Heating or Cooling Source: ELECTRICALLY HEATED
  • Machinery Weight: 1278.67 lb
  • Frequency: 50/60 HERTZ
  • Year: 1998
  • Located in: Europe

We buy Lanzini ELECTRICALLY HEATED 220/380 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Sorensen DLM20-30M9G 1430A00822,1424A01869 115-230 VOLTS 50/60 HERTZ 714 WATTS | Miscellaneous

  • Serial Number: 1430A00822,1424A01869
  • 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 1430A00822,1424A01869 115-230 VOLTS 50/60 HERTZ 714 WATTS in bulk. Click here to get a free valuation.

Bono OMP 10000/3007GAS/PA/OPT1/02 9169 1242.02 gal 380 VOLTS 50 HERTZ 10 BAR | Boilers

  • Machinery Dimensions: 7700 x 3600 x 4100 IN
  • Pressure Rating (Temperature): 300 DEG C
  • Boiler Type: OIL
  • Model: OMP 10000/3007GAS/PA/OPT1/02
  • Capacity Size: 1242.02 gal
  • Serial Number: 9169
  • Manufacturer Name: Bono
  • Machinery Weight: 35000 LBS
  • Pressure Rating (Pressure): 10 BAR
  • Fuel Type: GAS
  • Voltage: 380 VOLTS
  • Year: 2007
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 3
  • Located in: Italy

We buy Bono OMP 10000/3007GAS/PA/OPT1/02 9169 1242.02 gal 380 VOLTS 50 HERTZ 10 BAR in bulk. Click here to get a free valuation.

Palamatic 120 VOLTS 50/60 HERTZ | Drum Unloader

  • Machinery Dimensions: 48 x 48 x 24 IN
  • Manufacturer Name: Palamatic
  • Machinery Weight: 350 LBS
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Voltage: 120 VOLTS
  • Recommended Packaging Form: PALLET
  • Located in: PR, USA

We buy Palamatic 120 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Leica Diavert 17725 240 VOLTS 50/60 HERTZ | Miscellaneous

  • Machinery Dimensions: 31.50 x 17.72 x 19.69 in
  • Model: Diavert
  • Serial Number: 17725
  • Type of Microscope: INVERTED
  • Manufacturer Name: Leica
  • Machinery Weight: 66.14 lb
  • Voltage: 240 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • CE Marked: NO
  • Located in: Basel, Basel, Switzerland

We buy Leica Diavert 17725 240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Waters Waters 1525 Binary Pump, serial # A0425P514M | HPLC

  • Machinery Dimensions: 11 x 19 x 15 IN
  • Model: Waters 1525 Binary Pump, serial # A0425P514M
  • Manufacturer Name: Waters
  • Machinery Weight: 60 LBS
  • Located in: North America

We buy Waters Waters 1525 Binary Pump, serial # A0425P514M in bulk. Click here to get a free valuation.

Veolia Water Technologies Orion 2000 MK3 17000494SF 233 L/MIN 460 VOLTS 60 HERTZ | Water Purification and Still Systems

  • Machinery Weight: 5731.96 lb
  • Machinery Dimensions: 142.91 x 51.18 x 106.30 in
  • Capacity Speed: 233 L/MIN
  • Model: Orion 2000 MK3
  • Serial Number: 17000494SF
  • Manufacturer Name: Veolia Water Technologies
  • Year: 2016
  • Voltage: 460 VOLTS
  • Recommended Packaging Form: CRATE
  • CE Marked: YES
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Sao Paulo, Brazil

We buy Veolia Water Technologies Orion 2000 MK3 17000494SF 233 L/MIN 460 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Busch NP0250.ALL6.000B U104007204 | Miscellaneous

  • Serial Number: U104007204
  • 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 U104007204 in bulk. Click here to get a free valuation.

Various | Motors

  • Machinery Dimensions: 22 x 15 x 13 IN
  • Machinery Weight: 105 LBS
  • Manufacturer Name: Various
  • Recommended Packaging Form: 19C (22X15X13)
  • Located in: MA, USA

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

Tektronix Inc. TDS3012 B019980 | Miscellaneous

  • Machinery Weight: 9 LBS
  • Model: TDS3012
  • Serial Number: B019980
  • Machinery Dimensions: 15 x 7 x 9 IN
  • Manufacturer Name: Tektronix Inc.
  • Recommended Packaging Form: 19C (22X15X13)
  • CE Marked: YES
  • Located in: San Jose, CA, USA

We buy Tektronix Inc. TDS3012 B019980 in bulk. Click here to get a free valuation.

Leblanc LB-LPC-1200 82501 380 VOLTS 50 HERTZ 3 KW | Food Equipment

  • Machinery Dimensions: 129.92 x 43.31 x 944.88 in
  • Model: LB-LPC-1200
  • Serial Number: 82501
  • Manufacturer Name: Leblanc
  • Machinery Weight: 0.00 lb
  • Voltage: 380 VOLTS
  • Current: 3 KW
  • Year: 2011
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 3
  • Located in: Spain

We buy Leblanc LB-LPC-1200 82501 380 VOLTS 50 HERTZ 3 KW in bulk. Click here to get a free valuation.

Flux Instrument Rheos 2200 22241 NO DETECTOR NO PUMP 50/60 HERTZ | Miscellaneous

  • Model: Rheos 2200
  • Serial Number: 22241
  • Manufacturer Name: Flux Instrument
  • Machinery Dimensions: 13.78 x 9.84 x 7.87 in
  • Machinery Weight: 44.09 lb
  • Type of Pump for HPLC: NO PUMP
  • Type of Detector for HPLC: NO DETECTOR
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Located in: Basel, Basel, Switzerland

We buy Flux Instrument Rheos 2200 22241 NO DETECTOR NO PUMP 50/60 HERTZ in bulk. Click here to get a free valuation.

Kora Packmat Maschinenbau GmbH VMC-100 6 BAR 6 BAR 400 VOLTS | Seals

  • Model: VMC-100
  • Recommended Packaging Form: TARIMA
  • Manufacturer Name: Kora Packmat Maschinenbau GmbH
  • Capacity Speed: 6 BAR
  • Machinery Dimensions: 13.12 x 6.56 x 6.56 ft
  • Frequency: 50
  • Machinery Weight: 661.38 lb
  • Voltage: 400 VOLTS
  • Air Requirements: 6 BAR
  • Year: 2007
  • Phase: 3
  • Located in: Latin America

We buy Kora Packmat Maschinenbau GmbH VMC-100 6 BAR 6 BAR 400 VOLTS in bulk. Click here to get a free valuation.

Rohde and Schwarz CMW-Z24 101465 | Miscellaneous

  • Serial Number: 101465
  • 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 101465 in bulk. Click here to get a free valuation.

Unknown A.W. 284-S2B 1 BPM 220 VOLTS 50 HERTZ 18 AMPS | Wrappers/Overwrappers/Bundlers

  • Model: A.W. 284-S2B
  • Current: 18 AMPS
  • Machinery Dimensions: 17 x 55 x 80 IN
  • Machinery Weight: 2865.98 lb
  • Capacity Speed: 1 BPM
  • Frequency: 50 HERTZ
  • Voltage: 220 VOLTS
  • Phase: 1
  • Located in: Medan, Indonesia

We buy Unknown A.W. 284-S2B 1 BPM 220 VOLTS 50 HERTZ 18 AMPS in bulk. Click here to get a free valuation.

Olsa 750x750 in 0.04 in | Freeze Dryers

  • Size of Shelves - length x width: 750x750 in
  • Manufacturer Name: Olsa
  • Number of Shelves: 9
  • Machinery Dimensions: 47.24 x 47.24 x 78.74 in
  • Distance Between Shelves: 0.04 in
  • Usable Shelf Area: 10.76 sq ft
  • Stoppering Capable: NO
  • Machinery Weight: 6613.80 lb
  • Located in: Europe

We buy Olsa 750x750 in 0.04 in in bulk. Click here to get a free valuation.

Shima Seiki NSSG 122 440 VOLTS 50 HERTZ | Textile Equipment

  • Model: NSSG 122
  • Manufacturer Name: Shima Seiki
  • Voltage: 440 VOLTS
  • Machinery Weight: 1 LBS
  • Machinery Dimensions: 1 x 1 x 1 IN
  • Year: 2013
  • Frequency: 50 HERTZ
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: East Asia/Pacific

We buy Shima Seiki NSSG 122 440 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

CB Tech 70A 220 VOLTS 50 HERTZ 17.5 KW | Bundlers

  • Machinery Dimensions: 157.48 x 51.18 x 78.74 in
  • Current: 17.5 KW
  • Model: 70A
  • Year: 1900
  • Manufacturer Name: CB Tech
  • Machinery Weight: 3306.90 lb
  • Frequency: 50 HERTZ
  • Voltage: 220 VOLTS
  • Located in: Europe

We buy CB Tech 70A 220 VOLTS 50 HERTZ 17.5 KW in bulk. Click here to get a free valuation.

Frewitt MF-2 068663390 380 VOLTS 50/60 HERTZ 2.2 AMPS STAINLESS STEEL | Granulators

  • Machinery Dimensions: 33.86 x 1770 x 76.77 in
  • Serial Number: 068663390
  • Model: MF-2
  • Manufacturer Name: Frewitt
  • Current: 2.2 AMPS
  • Year: 1994
  • Machinery Weight: 440.92 lb
  • Voltage: 380 VOLTS
  • Material of Construction: STAINLESS STEEL
  • Frequency: 50/60 HERTZ
  • CE Marked: NO
  • Located in: Spain

We buy Frewitt MF-2 068663390 380 VOLTS 50/60 HERTZ 2.2 AMPS STAINLESS STEEL in bulk. Click here to get a free valuation.

Tomy Tech U.S.A. MX-160 HIGH SPEED REFRIGERATED MICRO CENTRIFUGE | Laboratory Centrifuges

  • Model: MX-160 HIGH SPEED REFRIGERATED MICRO CENTRIFUGE
  • Manufacturer Name: Tomy Tech U.S.A.
  • Located in: North America

We buy Tomy Tech U.S.A. MX-160 HIGH SPEED REFRIGERATED MICRO CENTRIFUGE in bulk. Click here to get a free valuation.

Coherent Verdi V5-A7023 | Miscellaneous

  • Machinery Dimensions: 159.45 x 47.24 x 27.56 in
  • Model: Verdi
  • Serial Number: V5-A7023
  • Manufacturer Name: Coherent
  • Machinery Weight: 440.92 lb
  • Year: 2001
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Located in: Basel, Basel, Switzerland

We buy Coherent Verdi V5-A7023 in bulk. Click here to get a free valuation.

Myron L 463493 9 VOLTS | pH Meters

  • Machinery Dimensions: 3.94 x 5.12 x 3.94 in
  • Serial Number: 463493
  • Manufacturer Name: Myron L
  • Voltage: 9 VOLTS
  • Machinery Weight: 2.20 lb
  • Located in: Colombia

We buy Myron L 463493 9 VOLTS in bulk. Click here to get a free valuation.

Perkin Elmer AAnalyst 400 201S4110402 50/60 HERTZ | Spectrometers

  • Serial Number: 201S4110402
  • Model: AAnalyst 400
  • Machinery Dimensions: 19.69 x 39.37 x 31.50 in
  • Machinery Weight: 220.46 lb
  • Manufacturer Name: Perkin Elmer
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Located in: India

We buy Perkin Elmer AAnalyst 400 201S4110402 50/60 HERTZ in bulk. Click here to get a free valuation.

Comi Condor STAINLESS STEEL 700 RPM | Centerslung/Basket Centrifuges

  • Year: 1968
  • Capacity Speed: 700 RPM
  • Year: 1973
  • Manufacturer Name: Comi Condor
  • Machinery Weight: 7495.64 lb
  • Machinery Dimensions: 59.06 x 59.06 x 46.46 in
  • Centrifuge Material of Construction: STAINLESS STEEL
  • Located in: Europe

We buy Comi Condor STAINLESS STEEL 700 RPM in bulk. Click here to get a free valuation.

Glatt 10.0045 528.52 gal 400 VOLTS 50 HERTZ STAINLESS STEEL 8 BAR | Holoflight/Paddle/Screw Dryers

  • Machinery Weight: 18961.76 lb
  • Machinery Dimensions: 305.16 x 129.92 x 145.67 in
  • Capacity Size: 528.52 gal
  • Single, Twin, or Quad Screws: SINGLE
  • Serial Number: 10.0045
  • Jacket Pressure Rating: 8 BAR
  • Manufacturer Name: Glatt
  • Jacketed: YES
  • Voltage: 400 VOLTS
  • Material of Construction: STAINLESS STEEL
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Year: 1998
  • Phase: 3
  • Located in: Antwerp, Belgium

We buy Glatt 10.0045 528.52 gal 400 VOLTS 50 HERTZ STAINLESS STEEL 8 BAR in bulk. Click here to get a free valuation.

Thunder Group | Miscellaneous

  • Machinery Weight: 99 LBS
  • Machinery Dimensions: 84 x 22 x 70 IN
  • Machinery Weight: 694 LBS
  • Machinery Dimensions: 48 x 40 x 37 IN
  • Manufacturer Name: Thunder Group
  • Recommended Packaging Form: CUSTOM PALLET
  • Recommended Packaging Form: PALLET
  • Located in: San Jose, CA, USA

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

Collischan 641 0-500 G 24 VOLTS | Check Weighers

  • Machinery Dimensions: 61.02 x 27.56 x 57.09 in
  • Capacity Size: 0-500 G
  • Model: 641
  • Manufacturer Name: Collischan
  • Voltage: 24 VOLTS
  • Auto Reject: YES
  • Machinery Weight: 881.84 lb
  • Year: 1996
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy Collischan 641 0-500 G 24 VOLTS in bulk. Click here to get a free valuation.

Unknown 220 VOLTS 60 HERTZ STAINLESS STEEL | Hammer Mills

  • Machinery Dimensions: 2 x 2 x 4 FT
  • Machinery Weight: 500 Pounds
  • Material of Construction: STAINLESS STEEL
  • Voltage: 220 VOLTS
  • Year: 2012
  • Phase: 3
  • Frequency: 60 HERTZ
  • Recommended Packaging Form: PALLET
  • Located in: North America

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

Binder VD23-UL 11-23388 STAINLESS STEEL 115 VOLTS 60 HERTZ 7 AMPS | Vacuum Ovens

  • Machinery Dimensions: 20.47 x 20.47 x 25.20 in
  • Model: VD23-UL
  • Serial Number: 11-23388
  • Chamber Dimensions: in
  • Manufacturer Name: Binder
  • Temperature Range: 200 DEG C
  • Current: 7 AMPS
  • Machinery Weight: 143.30 lb
  • Voltage: 115 VOLTS
  • Material of Construction: STAINLESS STEEL
  • Year: 2011
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Phase: 1
  • Frequency: 60 HERTZ
  • Located in: Mexico

We buy Binder VD23-UL 11-23388 STAINLESS STEEL 115 VOLTS 60 HERTZ 7 AMPS in bulk. Click here to get a free valuation.

Techne FTU20DPC 180748-15 120 VOLTS 50/60 HERTZ | Waterbaths and Circulators

  • Machinery Dimensions: 13.78 x 7.87 x 21.65 in
  • Model: FTU20DPC
  • Serial Number: 180748-15
  • Manufacturer Name: Techne
  • Machinery Weight: 11.02 lb
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Voltage: 120 VOLTS
  • Located in: Colombia

We buy Techne FTU20DPC 180748-15 120 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Thermo Scientific Orbitor RS F01743 240 VOLTS | Miscellaneous

  • Serial Number: F01743
  • Model: Orbitor RS
  • Manufacturer Name: Thermo Scientific
  • Machinery Weight: 286.60 lb
  • Voltage: 240 VOLTS
  • Machinery Dimensions: 27.56 x 23.62 x 35.43 in
  • Year: 2013
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Located in: Basel, Basel, Switzerland

We buy Thermo Scientific Orbitor RS F01743 240 VOLTS in bulk. Click here to get a free valuation.

Riken Keiki RM-570 | Detectors

  • Machinery Dimensions: 24 x 17 x 10 IN
  • Model: RM-570
  • Manufacturer Name: Riken Keiki
  • Machinery Weight: 50 LBS
  • Recommended Packaging Form: 20C (28X20X20)
  • Year: 1995
  • Located in: East Asia/Pacific

We buy Riken Keiki RM-570 in bulk. Click here to get a free valuation.

Tecan 12901000181 220-240 VOLTS 50/60 HERTZ | Microplate Readers

  • Machinery Dimensions: 51.18 x 31.50 x 35.43 in
  • Serial Number: 12901000181
  • Manufacturer Name: Tecan
  • Machinery Weight: 154.32 lb
  • Voltage: 220-240 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Antwerpen, Belgium

We buy Tecan 12901000181 220-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Groninger KVG 201 | Cappers

  • Machinery Dimensions: 240 x 84 x 96 IN
  • Model: KVG 201
  • Manufacturer Name: Groninger
  • Machinery Weight: 10000 LBS
  • Type of Capping: SCREW
  • Type of Capper: ROTARY
  • Year: 2002
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Located in: North America

We buy Groninger KVG 201 in bulk. Click here to get a free valuation.

EUROETIK 5006 3716 COSMETICS LIPSTICKS 6 BAR | Labelers

  • Machinery Dimensions: 8 x 4 x 6 IN
  • Capacity Details: AUTOMATIC LABELLING LINE HIGH VOLUME
  • Location of Labels on Product: BOTTOM OR TOP
  • Products Run: COSMETICS LIPSTICKS
  • Label Size: small to big labels for cosmetics or pharmaceuticals
  • Model: 5006
  • Serial Number: 3716
  • Manufacturer Name: EUROETIK
  • Application Type: BLOW
  • Imprinter or Coder: No
  • Type of Labeler: SEMI-AUTOMATIC
  • Machinery Weight: 1984.14 lb
  • Air Requirements: 6 BAR
  • Number of Labeling Heads: 1
  • Recommended Packaging Form: CRATE
  • Year: 2015
  • CE Marked: YES
  • Located in: Malta

We buy EUROETIK 5006 3716 COSMETICS LIPSTICKS 6 BAR in bulk. Click here to get a free valuation.

Astec Air 5000E 176 220 VOLTS 50 HERTZ | Fume and Flow Hoods

  • Machinery Dimensions: 59.06 x 31.50 x 19.69 in
  • Model: 5000E
  • Serial Number: 176
  • Manufacturer Name: Astec Air
  • Machinery Weight: 440.92 lb
  • Frequency: 50 HERTZ
  • Voltage: 220 VOLTS
  • CE Marked: YES
  • Phase: 1
  • Located in: Antwerpen, Belgium

We buy Astec Air 5000E 176 220 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Unipac Silver 80 220 VOLTS 60 HERTZ | Fillers

  • Machinery Dimensions: 5 x 4 x 7 FT
  • Manufacturer Name: Unipac
  • Type of Filler: TUBE
  • Model: SILVER 80
  • Machinery Weight: 2500 LBS
  • Year: 1995
  • Voltage: 220 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: North America

We buy Unipac Silver 80 220 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

San Tung Machine Industry Co., Ltd. AST-2 208 VOLTS 60 HERTZ 25 AMPS | Cup/Tub Filling Lines

  • Machinery Dimensions: 118.11 x 23.62 x 66.93 in
  • Current: 25 AMPS
  • Model: AST-2
  • Manufacturer Name: San Tung Machine Industry Co., Ltd.
  • Machinery Weight: 5000 Pounds
  • Voltage: 208 VOLTS
  • Year: 2015
  • CE Marked: NO
  • Recommended Packaging Form: CUSTOM PALLET
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: North America

We buy San Tung Machine Industry Co., Ltd. AST-2 208 VOLTS 60 HERTZ 25 AMPS in bulk. Click here to get a free valuation.

IKA Lab Dancer 2800 RPM 100-240 VOLTS 50/60 HERTZ 15 WATTS | Shakers

  • Machinery Dimensions: 1.77 x 1.77 x 1.77 in
  • Capacity Speed: 2800 RPM
  • Model: Lab Dancer
  • Manufacturer Name: IKA
  • Current: 15 WATTS
  • Voltage: 100-240 VOLTS
  • Machinery Weight: 2.20 lb
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: Brazil

We buy IKA Lab Dancer 2800 RPM 100-240 VOLTS 50/60 HERTZ 15 WATTS in bulk. Click here to get a free valuation.

Beckman Coulter PrepPlus 2 705002021 115 VOLTS 50/60 HERTZ | Processors

  • Machinery Dimensions: 30 x 30 x 32 IN
  • Serial Number: 705002021
  • Model: PrepPlus 2
  • Manufacturer Name: Beckman Coulter
  • Machinery Weight: 150 LBS
  • Voltage: 115 VOLTS
  • Frequency: 50/60 HERTZ
  • Located in: NC, USA

We buy Beckman Coulter PrepPlus 2 705002021 115 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.