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

Surplus Machinery

Tease Eletronica Ltda AP55-125 TEM 13266 60 HERTZ | Transformers

  • Machinery Dimensions: 23.62 x 27.56 x 47.24 in
  • KVA: 55
  • Model: AP55-125 TEM
  • Manufacturer Name: Tease Eletronica Ltda
  • Machinery Weight: 705.47 lb
  • Serial Number: 13266
  • Year: 2014
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: MG, Brazil

We buy Tease Eletronica Ltda AP55-125 TEM 13266 60 HERTZ in bulk. Click here to get a free valuation.

Unknown 30 TONS | Power Generation

  • Machinery Dimensions: 236.22 x 78.74 x 39.37 in
  • Capacity Size: 30 TONS
  • Machinery Weight: 11023.00 lb
  • Located in: South Asia

We buy Unknown 30 TONS in bulk. Click here to get a free valuation.

Varian 120XP 208 VOLTS | Implanter

  • Machinery Dimensions: 166.14 x 244.09 x 2700 in
  • Model: 120XP
  • Manufacturer Name: Varian
  • Phase: 3+1
  • Year: 1989
  • Machinery Weight: 11023.00 lb
  • Voltage: 208 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Located in: East Asia/Pacific

We buy Varian 120XP 208 VOLTS in bulk. Click here to get a free valuation.

ADMV | Lipstick Lines

  • Machinery Weight: 13227.60 lb
  • Machinery Dimensions: 241.30 x 304.57 x 98.43 in
  • Year: 2003
  • Manufacturer Name: ADMV
  • Located in: Europe

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

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

  • Current: 750 VA
  • Machinery Dimensions: 23 x 18 x 10 IN
  • Model: MT8820C
  • Manufacturer Name: Anritsu Corporation
  • Voltage: 100-120/200-240 VOLTS
  • Machinery Weight: 60 LBS
  • 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 100-120/200-240 VOLTS 50/60 HERTZ 750 VA in bulk. Click here to get a free valuation.

Dusenbury 800GB | Slitters and Slitting Lines

  • Model: 800GB
  • Manufacturer Name: Dusenbury
  • Machinery Weight: 0 LBS
  • Machinery Dimensions: 0 x 0 x 0 IN
  • Located in: North America

We buy Dusenbury 800GB in bulk. Click here to get a free valuation.

Servolift MF 13893 551.15 lb 400-230 VOLTS 50/60 HERTZ | Blenders

  • Machinery Dimensions: 91.73 x 43.31 x 86.61 in
  • Voltage: 400-230 VOLTS
  • Model: MF
  • Serial Number: 13893
  • Manufacturer Name: Servolift
  • Machinery Weight: 6790.17 lb
  • Capacity Size: 551.15 lb
  • Type of Blender: DRUM
  • Phase: 3+1
  • Year: 2017
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Located in: Germany

We buy Servolift MF 13893 551.15 lb 400-230 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Proctor Schwartz 300 KG/HR CARBON STEEL | Apron/Belt Dryers

  • Machinery Dimensions: 393.70 x 2000 x 196.85 in
  • Capacity Speed: 300 KG/HR
  • Manufacturer Name: Proctor Schwartz
  • Machinery Weight: 22046.00 lb
  • Recommended Packaging Form: CUSTOM
  • Material of Construction: CARBON STEEL
  • Located in: CE, Brazil

We buy Proctor Schwartz 300 KG/HR CARBON STEEL in bulk. Click here to get a free valuation.

Bell and Gossett e-1510 | Miscellaneous

  • Machinery Weight: 950 LBS
  • Machinery Dimensions: 98 x 24 x 28 IN
  • Model: e-1510
  • Manufacturer Name: Bell and Gossett
  • Located in: Mexico, MO, USA

We buy Bell and Gossett e-1510 in bulk. Click here to get a free valuation.

Thermo Finnigan LCQ Advantage MAX | Mass Spectrometers

  • Model: LCQ Advantage MAX
  • Manufacturer Name: Thermo Finnigan
  • Machinery Dimensions: 48 x 40 x 48 IN
  • Machinery Weight: 300 LBS
  • Type of Mass Spec: TRIPLE STAGE QUAD
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: North America

We buy Thermo Finnigan LCQ Advantage MAX in bulk. Click here to get a free valuation.

Aqueous Technologies SMT800-LD 7492 208 VOLTS 50 HERTZ 60 AMPS | Washers

  • Machinery Weight: 750 Pounds
  • Machinery Dimensions: 48 x 30 x 60 IN
  • Serial Number: 7492
  • Model: SMT800-LD
  • Manufacturer Name: Aqueous Technologies
  • Current: 60 AMPS
  • Year: 2006
  • Voltage: 208 VOLTS
  • Frequency: 50 HERTZ
  • Phase: 1
  • Located in: KS, USA

We buy Aqueous Technologies SMT800-LD 7492 208 VOLTS 50 HERTZ 60 AMPS in bulk. Click here to get a free valuation.

Graham Engineering Z3271 | Heat Tunnels

  • Machinery Dimensions: 118.11 x 45.28 x 74.80 in
  • Model: Z3271
  • Manufacturer Name: Graham Engineering
  • Machinery Weight: 2755.75 lb
  • Year: 2010
  • Phase: 3
  • Located in: Europe

We buy Graham Engineering Z3271 in bulk. Click here to get a free valuation.

Ingersoll Rand IRN100H-CC NV8632U04280 0.26 gal 145 PSI 460 VOLTS 60 HERTZ | Compressors

  • Machinery Dimensions: 118.11 x 98.43 x 70.87 in
  • Pressure Rating: 145 PSI
  • Serial Number: NV8632U04280
  • Model: IRN100H-CC
  • Manufacturer Name: Ingersoll Rand
  • Capacity Size: 0.26 gal
  • Machinery Weight: 6613.80 lb
  • Voltage: 460 VOLTS
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Distrito Nacional, Dominican Republic

We buy Ingersoll Rand IRN100H-CC NV8632U04280 0.26 gal 145 PSI 460 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Champion UH200B-70 W12642 120-208/230 VOLTS 60 HERTZ | Miscellaneous

  • Machinery Dimensions: 27 x 24 x 34 IN
  • Voltage: 120-208/230 VOLTS
  • Model: UH200B-70
  • Serial Number: W12642
  • Manufacturer Name: Champion
  • Machinery Weight: 250 Pounds
  • Phase: 3
  • Frequency: 60 HERTZ
  • Recommended Packaging Form: PALLET
  • Located in: Forest, VA, USA

We buy Champion UH200B-70 W12642 120-208/230 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Thermo Ion GeneStudio S5 15 AMPS 50/60 HERTZ 110-240 VOLTS | Ion Chromatography

  • Machinery Dimensions: 35 x 34 x 40 IN
  • Model: Ion GeneStudio S5
  • Manufacturer Name: Thermo
  • Voltage: 110-240 VOLTS
  • Year: 2018
  • Machinery Weight: 250 LBS
  • Current: 15 AMPS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 3
  • Recommended Packaging Form: PALLET
  • Located in: North America

We buy Thermo Ion GeneStudio S5 15 AMPS 50/60 HERTZ 110-240 VOLTS in bulk. Click here to get a free valuation.

Cryovac ST-95 50 HERTZ | Heat Tunnels

  • Machinery Dimensions: 78.74 x 39.37 x 72.83 in
  • Model: ST-95
  • Manufacturer Name: Cryovac
  • Machinery Weight: 826.73 lb
  • Frequency: 50 HERTZ
  • Phase: 3
  • Located in: Europe

We buy Cryovac ST-95 50 HERTZ in bulk. Click here to get a free valuation.

Agilent Technologies 6890N CN10548048; IT01019023 | Miscellaneous

  • Machinery Weight: 175 LBS
  • Machinery Dimensions: 52 x 20 x 35 IN
  • Head Space Autosampler: YES
  • Serial Number: CN10548048; IT01019023
  • Model: 6890N
  • Manufacturer Name: Agilent Technologies
  • CE Marked: YES
  • Located in: Mexico, MO, USA

We buy Agilent Technologies 6890N CN10548048; IT01019023 in bulk. Click here to get a free valuation.

VWR Scientific | Laboratory Centrifuges

  • Machinery Weight: 21 LBS
  • Machinery Dimensions: 23 x 12 x 12 IN
  • Manufacturer Name: VWR Scientific
  • Recommended Packaging Form: 12C (12X12X12)
  • Located in: MA, USA

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

Applied Materials Inc 0242-34890 09307-5 35-50 LBS 145 PSI | Actuators

  • Serial Number: 09307-5
  • Model: 0242-34890
  • Machinery Dimensions: 10 x 7 x 20 IN
  • Capacity Speed: 145 PSI
  • Capacity Size: 35-50 LBS
  • Type of Actuator: PNEUMATIC
  • Machinery Weight: 30 LBS
  • Manufacturer Name: Applied Materials Inc
  • Recommended Packaging Form: 19C (22X15X13)
  • Located in: CA, USA

We buy Applied Materials Inc 0242-34890 09307-5 35-50 LBS 145 PSI in bulk. Click here to get a free valuation.

Tuttnauer 5596 STEAM HEATED STAINLESS STEEL 510x510x960 in 6-8 BAR 400 VOLTS 50 HERTZ 32 AMPS | Autoclaves

  • Machinery Dimensions: 60.24 x 37.40 x 66.93 in
  • Current: 32 AMPS
  • Air Requirements: 6-8 BAR
  • Chamber Dimensions: 510x510x960 in
  • Heating or Cooling Source: STEAM HEATED
  • Model: 5596
  • Manufacturer Name: Tuttnauer
  • Voltage: 400 VOLTS
  • Material of Construction: STAINLESS STEEL
  • Machinery Weight: 551.15 lb
  • Frequency: 50 HERTZ
  • Year: 2012
  • Phase: 3
  • Located in: Europe

We buy Tuttnauer 5596 STEAM HEATED STAINLESS STEEL 510x510x960 in 6-8 BAR 400 VOLTS 50 HERTZ 32 AMPS in bulk. Click here to get a free valuation.

Muller VME-700 | Mixers

  • Machinery Dimensions: 59.06 x 98.43 x 196.85 in
  • Model: VME-700
  • Manufacturer Name: Muller
  • Machinery Weight: 5952.42 lb
  • Type of mixer: LABORATORY
  • Year: 1987
  • Located in: Europe

We buy Muller VME-700 in bulk. Click here to get a free valuation.

Meco LWP 125 GPH | Water Purification and Still Systems

  • Machinery Dimensions: 16 x 7 x 8 FT
  • Capacity Speed: 125 GPH
  • Model: LWP
  • Machinery Weight: 14000 LBS
  • Manufacturer Name: Meco
  • Year: 2007
  • Located in: North America

We buy Meco LWP 125 GPH in bulk. Click here to get a free valuation.

Aquafine Corporation HX02CDLU CM...02/2013 007MW 120 VOLTS 60 HERTZ 3 AMPS | Water Purification and Still Systems

  • Machinery Weight: 105.82 lb
  • Machinery Dimensions: 45.00 x 19.02 x 34.02 in
  • Capacity Details: Maximum Pressure 150 psi; Working Temperature 10°C to 38°C
  • Capacity Speed: 12 CU M/HR
  • Model: HX02CDLU
  • Serial Number: CM...02/2013 007MW
  • Manufacturer Name: Aquafine Corporation
  • Current: 3 AMPS
  • Year: 2013
  • Recommended Packaging Form: CUSTOM
  • Phase: 1
  • Voltage: 120 VOLTS
  • Frequency: 60 HERTZ
  • Located in: Tocancipá, Colombia

We buy Aquafine Corporation HX02CDLU CM...02/2013 007MW 120 VOLTS 60 HERTZ 3 AMPS in bulk. Click here to get a free valuation.

HPLC Agilent 1100 System 6890 | Gas Chromatographs (GC)

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

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

Etipack Surprise 13 05 / 000002840 6 BAR 115/230 VOLTS 30 AMPS | Labelers

  • Machinery Dimensions: 39.96 x 16.02 x 25.20 in
  • Model: Surprise 13
  • Serial Number: 05 / 000002840
  • Manufacturer Name: Etipack
  • Current: 30 AMPS
  • Voltage: 115/230 VOLTS
  • Air Requirements: 6 BAR
  • Application Type: WIPE/MERGE
  • Machinery Weight: 1102.30 lb
  • Number of Labeling Heads: 1
  • Type of Labeler: INLINE
  • Year: 2005
  • CE Marked: YES
  • Located in: Debrecen, Hungary

We buy Etipack Surprise 13 05 / 000002840 6 BAR 115/230 VOLTS 30 AMPS in bulk. Click here to get a free valuation.

Gorton 375 51550 | Grinders

  • Machinery Dimensions: 24 x 24 x 48 IN
  • Serial Number: 51550
  • Model: 375
  • Manufacturer Name: Gorton
  • Number of heads: 1
  • Machinery Weight: 250 LBS
  • Located in: IL, USA

We buy Gorton 375 51550 in bulk. Click here to get a free valuation.

Sandpiper HDF2 140 GPM 2 IN 2 IN 125 PSI | Diaphragm Pumps

  • Machinery Dimensions: 14 x 22 x 21 IN
  • Pressure Rating (Temperature): 190 DEG F
  • Capacity Speed: 140 GPM
  • Model: HDF2
  • Year: New in box
  • Manufacturer Name: Sandpiper
  • Machinery Weight: 84 LBS
  • Material of Construction: ALUMINIUM
  • Pressure Rating (Pressure): 125 PSI
  • Outlet Size: 2 IN
  • Inlet Size: 2 IN
  • Located in: North America

We buy Sandpiper HDF2 140 GPM 2 IN 2 IN 125 PSI in bulk. Click here to get a free valuation.

VWR International 1535 0600101 120 VOLTS 60 HERTZ 7 AMPS | Incubators

  • Temperature Range: 0-70 DEG C
  • Capacity Size: 6.7 CU FT
  • Model: 1535
  • Serial Number: 0600101
  • Manufacturer Name: VWR International
  • Machinery Dimensions: 30 x 30 x 32 IN
  • Current: 7 AMPS
  • Humidity Control: NO
  • CO2 Control: NO
  • Machinery Weight: 300 LBS
  • Jacketed: NO
  • Phase: 1
  • Voltage: 120 VOLTS
  • Frequency: 60 HERTZ
  • Recommended Packaging Form: PALLET
  • Located in: ON, Canada

We buy VWR International 1535 0600101 120 VOLTS 60 HERTZ 7 AMPS in bulk. Click here to get a free valuation.

Spirent Communications SR3462 EVA300F1, EVA350E3 | Miscellaneous

  • Machinery Weight: 86 LBS
  • Machinery Dimensions: 36 x 18 x 8 IN
  • Model: SR3462
  • Serial Number: EVA300F1, EVA350E3
  • Manufacturer Name: Spirent Communications
  • Recommended Packaging Form: 20C (28X20X20)
  • CE Marked: YES
  • Located in: San Jose, CA, USA

We buy Spirent Communications SR3462 EVA300F1, EVA350E3 in bulk. Click here to get a free valuation.

Bosch Packaging Technology TPF-1000 | Vial Filling Lines

  • Machinery Dimensions: 29 x 25 x 54 IN
  • Model: TPF-1000
  • Manufacturer Name: Bosch Packaging Technology
  • Machinery Weight: 250 Pounds
  • Recommended Packaging Form: CUSTOM
  • CE Marked: NO
  • Phase: 1
  • Located in: MA, USA

We buy Bosch Packaging Technology TPF-1000 in bulk. Click here to get a free valuation.

Flux Instrument 22113, 22105, 22118 24 VOLTS | Miscellaneous

  • Machinery Dimensions: 72.83 x 13.78 x 28.35 in
  • Serial Number: 22113, 22105, 22118
  • Manufacturer Name: Flux Instrument
  • Voltage: 24 VOLTS
  • Machinery Weight: 176.37 lb
  • CE Marked: YES
  • Recommended Packaging Form: PALLET
  • Located in: Basel, Basel, Switzerland

We buy Flux Instrument 22113, 22105, 22118 24 VOLTS in bulk. Click here to get a free valuation.

Perkin Elmer HTC PAL STACK | Liquid Handlers

  • Machinery Weight: 19 LBS
  • Machinery Dimensions: 17 x 10 x 10 IN
  • Model: HTC PAL STACK
  • Recommended Packaging Form: 19C (22X15X13)
  • Manufacturer Name: Perkin Elmer
  • Located in: CA, USA

We buy Perkin Elmer HTC PAL STACK in bulk. Click here to get a free valuation.

VIMA IMPIANTI TWIN VALVE BUTTERFLY VALVES ONE WAY STAINLESS STEEL 380 VOLTS 50 HERTZ | Valves

  • Machinery Dimensions: 55.12 x 39.37 x 62.99 in
  • Model: TWIN VALVE
  • Manufacturer Name: VIMA IMPIANTI
  • Valve Type: BUTTERFLY VALVES
  • Valve Flow: ONE WAY
  • Valve Material of Construction: STAINLESS STEEL
  • Machinery Weight: 440.92 lb
  • Voltage: 380 VOLTS
  • Year: 2007
  • Frequency: 50 HERTZ
  • Recommended Packaging Form: CUSTOM
  • Phase: 3
  • Located in: Europe

We buy VIMA IMPIANTI TWIN VALVE BUTTERFLY VALVES ONE WAY STAINLESS STEEL 380 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Farmomac F87 55 BPM 90 PSI 208 VOLTS 60 HERTZ | Fillers

  • Average operating speed: 55 BPM
  • Model: F87
  • Manufacturer Name: Farmomac
  • Number of heads: 4
  • Machinery Dimensions: 144 x 72 x 90 IN
  • Machinery Weight: 7500 LBS
  • Air Requirements: 90 PSI
  • Type of Filler: PISTON
  • Voltage: 208 VOLTS
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM PALLET
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: North America

We buy Farmomac F87 55 BPM 90 PSI 208 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

Ingersoll Rand Centac IRB-M78-1489 3000 SCFM 2300/4000 VOLTS 60 HERTZ | Air Compressors

  • Machinery Weight: 14000 LBS
  • Machinery Dimensions: 143 x 93 x 72 IN
  • Voltage: 2300/4000 VOLTS
  • Horsepower: 700
  • Model: Centac IRB-M78-1489
  • Capacity Size: 3000 SCFM
  • Manufacturer Name: Ingersoll Rand
  • Year: 1978
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: North America

We buy Ingersoll Rand Centac IRB-M78-1489 3000 SCFM 2300/4000 VOLTS 60 HERTZ in bulk. Click here to get a free valuation.

DMG Mori Seiki Co. CTX 310 ECO 6.30 in 17.72 in 5000 RPM 140 h5 | Machining Centers

  • Machinery Weight: 8377.48 lb
  • Machinery Dimensions: 177.17 x 78.74 x 68.50 in
  • Spindle Taper: 140 h5
  • Maximum Speed: 5000 RPM
  • Travel Z-Axis: 17.72 in
  • Travel X-Axis: 6.30 in
  • Model: CTX 310 ECO
  • Manufacturer Name: DMG Mori Seiki Co.
  • Type of Control: CNC
  • Year: 2009
  • Located in: Europe

We buy DMG Mori Seiki Co. CTX 310 ECO 6.30 in 17.72 in 5000 RPM 140 h5 in bulk. Click here to get a free valuation.

Mespack H-320-SC 332003 20 BPM 30 BPM 15 BPM 208 VOLTS 17 KW | Fillers

  • Machinery Dimensions: 9.84 x 6.56 x 9.84 ft
  • Current: 17 KW
  • Air Requirements: 55 CU FT/MIN
  • Minimum operating speed: 15 BPM
  • Max operating speed: 30 BPM
  • Average operating speed: 20 BPM
  • Application Range (Ex Min/Max Range Size Bottles or Tubes, Shape of Bottle): Doypack pouch formats 90x120-320-350
  • Current Application (Products,Sizes Run and Shape of Bottle): Pouched shampoo and lotion
  • Type of Filler: PRESSURE
  • Model: H-320-SC
  • Serial Number: 332003
  • Machinery Weight: 7054.72 lb
  • Number of Heads: 3
  • Manufacturer Name: Mespack
  • Year: 2010
  • Can Seller Provide a Sample of Product Run: Yes
  • Voltage: 208 VOLTS
  • CE Marked: YES
  • Phase: 3
  • Located in: MN, USA

We buy Mespack H-320-SC 332003 20 BPM 30 BPM 15 BPM 208 VOLTS 17 KW in bulk. Click here to get a free valuation.

Barnes de Colombia AE 230 14C082049 135 GPM CARBON STEEL 3 HP 220/380/440 VOLTS 60 HERTZ 8.36/4.84/4.18 AMPS | Centrifugal Pumps

  • Machinery Dimensions: 15.75 x 19.69 x 27.56 in
  • Current: 8.36/4.84/4.18 AMPS
  • Voltage: 220/380/440 VOLTS
  • Capacity Details: Maximum height 31 ft
  • RPM: 3500
  • Horsepower: 3 HP
  • Capacity Speed: 135 GPM
  • Model: AE 230
  • Serial Number: 14C082049
  • Manufacturer Name: Barnes de Colombia
  • Machinery Weight: 110.23 lb
  • Recommended Packaging Form: CUSTOM
  • Material of Construction: CARBON STEEL
  • CE Marked: NO
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Tocancipá, Colombia

We buy Barnes de Colombia AE 230 14C082049 135 GPM CARBON STEEL 3 HP 220/380/440 VOLTS 60 HERTZ 8.36/4.84/4.18 AMPS in bulk. Click here to get a free valuation.

Anritsu Corporation MT8820C 6201107369 | Miscellaneous

  • Machinery Weight: 53 Pounds
  • Machinery Dimensions: 23 x 18 x 10 IN
  • Model: MT8820C
  • Serial Number: 6201107369
  • Manufacturer Name: Anritsu Corporation
  • Recommended Packaging Form: 20C (28X20X20)
  • CE Marked: YES
  • Located in: San Jose, CA, USA

We buy Anritsu Corporation MT8820C 6201107369 in bulk. Click here to get a free valuation.

Parker Plastic Machinery Co Ltd PK-100 CTSI CHILLED WATER 400 VOLTS 50 HERTZ 130 AMPS | Molding System

  • Machinery Dimensions: 157.48 x 2500 x 78.74 in
  • Date of Last PM: 2020
  • Model: PK-100 CTSI
  • Current: 130 AMPS
  • Operating System: ELECTRIC HYDRAULIC SYSTEM
  • Any special features on the system?: NO
  • Any upgrade to the system?: NO
  • Is System Running or Powered Off?: RUNNING
  • Fuctional or Non Functional: FUCTIONAL
  • System Facility Requirements: CHILLED WATER
  • Manufacturer Name: Parker Plastic Machinery Co Ltd
  • Year: 2004
  • Voltage: 400 VOLTS
  • Machinery Weight: 22046.00 lb
  • Frequency: 50 HERTZ
  • Phase: 3
  • Located in: East Asia/Pacific

We buy Parker Plastic Machinery Co Ltd PK-100 CTSI CHILLED WATER 400 VOLTS 50 HERTZ 130 AMPS in bulk. Click here to get a free valuation.