Private equity firm acquires Victor Technology

19 January 2007 — Addison (IL): Victor Technology has been acquired by private equity firm JD3 Enterprises in conjunction with the new management team of Jordan Feiger and John Ringlein.

"The Victor brand has represented quality and innovation for more than 80 years. We are excited at the opportunity to continue growing this great brand for many years," said Feiger, Victor’s new CEO and president.

 

John Ringlein, the company’s new COO said: "Victor’s operations are first class, and offer a clear competitive advantage. I am proud to be a part of the Victor Operations Team."

 

Feiger and Ringlein have most recently held executive positions at Illionois-based International Truck and Engine Corporation.