Thermadyne News

Private equity firm Irving Place Capital (IPC) and Victor Technologies (Victor) announce they have entered into a definitive agreement to sell Victor to Colfax Corporation (Colfax), a global manufacturer of gas and fluid-handling and fabrication technology products. Victor is a leading designer and manufacturer of a comprehensive suite of metal cutting, gas control, and specialty welding products. IPC acquired Victor, which was previously named Thermadyne Holdings Corporation, in a take-private transaction in December 2010.

Thermadyne Holdings Corporation  announced on May 21, 2012 it has changed its name to Victor Technologies Group, Inc. and the name of its wholly owned subsidiary Thermadyne Industries, Inc. to Victor Technologies International, Inc. “To re-position the company in the marketplace, we are returning to our roots,” says Martin Quinn, the company’s Chief Executive Officer. Victor is the company’s strongest and most established brand, celebrating its 100th anniversary in 2013. “By leveraging the Victor name…

Thermal Dynamics®, a Thermadyne® brand and a producer of manual and automated plasma cutting systems, has added the Ultra-Cut® 400 to its line of high precision automated plasma systems. Joining the Ultra-Cut 100, Ultra-Cut 200 and Ultra-Cut 300, the Ultra-Cut 400 is designed to deliver 400 amps at 200V at 100% duty cycle. It offers production piercing and cutting up to 2 inches on mild steel, stainless steel and 2-1/4 inch aluminum. New Ultra-Cool™ consumable parts technology delivers parts life at 400 amps with O2/Air. All Ultra-Cut systems include the Water Mist Secondary (WMS®) process for cost effective precision cutting of nonferrous materials. Along with these offerings, Thermal Dynamics has introduced a new Diameter PRO™ technology with its XT-Series of CNC controls.