|            |
|------------|
|            |  |
| (Mark One) |
| x          | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|       |   |
|       | For the quarterly period ended June 30, 2012 |
| OR         |
|  ̈     | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|       |   |
|       | For the transition period from                                       to                                        |

|                                                                |
|----------------------------------------------------------------|
|                                                                |  |  |
| Delaware                                                       |   | 74-2482571 |
| (State or Other Jurisdiction of Incorporation or Organization) |   | (I.R.S. Employer Identification No.) |
|                                                           |   |   |
| 16052 Swingley Ridge Road, Suite 300, Chesterfield, MO         |   |  63017 |
| (Address of Principal Executive Offices)                       |   | (Zip Code) |

|                                |
|--------------------------------|
|                                |  |  |  |
| Large accelerated filer o | Accelerated filer o | Non-accelerated filer x | Smaller reporting company o |

----

|                                              |
|----------------------------------------------|
|                                              |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                         | Three Months Ended |   | Three Months Ended |   | Six Months Ended |   | Six Months Ended |
|                                         | June 30, 2012 |   | June 30, 2011 |   | June 30, 2012 |   | June 30, 2011 |
| Net sales                                    | $ | 132,257 |  |   | $ | 129,269 |  |   | $ | 259,128 |  |   | $ | 245,766 |  |
| Cost of goods sold                           | 85,114 |  |   | 81,475 |  |   | 168,117 |  |   | 164,746 |  |
| Gross margin                                 | 47,143 |  |   | 47,794 |  |   | 91,011 |  |   | 81,020 |  |
| Selling, general and administrative expenses | 27,459 |  |   | 27,725 |  |   | 53,901 |  |   | 52,555 |  |
| Amortization of intangibles                  | 1,584 |  |   | 1,583 |  |   | 3,167 |  |   | 3,129 |  |
| Restructuring                                | 848 |  |   | 615 |  |   | 1,659 |  |   | 615 |  |
| Operating income                             | 17,252 |  |   | 17,871 |  |   | 32,284 |  |   | 24,721 |  |
| Other expense:                               |   |   |   |   |   |   |   |
| Interest, net                                | (8,453 | ) |   | (6,056 | ) |   | (15,183 | ) |   | (12,353 | ) |
| Amortization of deferred financing costs     | (604 | ) |   | (432 | ) |   | (1,100 | ) |   | (821 | ) |
| Income before income tax provision           | 8,195 |  |   | 11,383 |  |   | 16,001 |  |   | 11,547 |  |
| Income tax provision                         | 2,209 |  |   | 5,311 |  |   | 4,803 |  |   | 5,387 |  |
| Net income                                   | $ | 5,986 |  |   | $ | 6,072 |  |   | $ | 11,198 |  |   | $ | 6,160 |  |

----

|                                          |
|------------------------------------------|
|                                          |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                     | Three Months Ended |   | Three Months Ended |   | Six Months Ended |   | Six Months Ended |
|                                     | June 30, 2012 |   | June 30, 2011 |   | June 30, 2012 |   | June 30, 2011 |
| Net Income                               | $ | 5,986 |  |   | $ | 6,072 |  |   | $ | 11,198 |  |   | $ | 6,160 |  |
| Other comprehensive income, net of tax:  |   |   |   |   |   |   |   |
| Foreign currency translation adjustments | (2,081 | ) |   | 1,595 |  |   | 215 |  |   | 2,982 |  |
| Pension and postretirement               | 56 |  |   | 6 |  |   | 39 |  |   | 10 |  |
| Comprehensive income                     | $ | 3,961 |  |   | $ | 7,673 |  |   | $ | 11,452 |  |   | $ | 9,152 |  |

----

|                                                                                                                                                                                                                                                                          |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                                                                                                                          |  |  |  |  |  |  |  |
|                                                                                                                                                                                                                                                                     | June 30, 2012 |   | December 31, 2011 |
| ASSETS                                                                                                                                                                                                                                                                   |   |   |   |
| Current Assets:                                                                                                                                                                                                                                                          |   |   |   |
| Cash and cash equivalents                                                                                                                                                                                                                                                | $ | 16,768 |  |   | $ | 20,856 |  |
| Accounts receivable, less allowance for doubtful accounts of $670 and $750, respectively                                                                                                                                                                                 | 81,355 |  |   | 68,570 |  |
| Inventories                                                                                                                                                                                                                                                              | 101,239 |  |   | 96,011 |  |
| Prepaid expenses and other                                                                                                                                                                                                                                               | 11,479 |  |   | 11,972 |  |
| Deferred tax assets                                                                                                                                                                                                                                                      | 2,823 |  |   | 2,823 |  |
| Total current assets                                                                                                                                                                                                                                                     | 213,664 |  |   | 200,232 |  |
| Property, plant and equipment, net of accumulated depreciation of $20,993 and $15,073, respectively                                                                                                                                                                      | 73,226 |  |   | 73,861 |  |
| Goodwill                                                                                                                                                                                                                                                                 | 182,649 |  |   | 182,429 |  |
| Intangibles, net                                                                                                                                                                                                                                                         | 137,387 |  |   | 140,265 |  |
| Deferred financing fees                                                                                                                                                                                                                                                  | 16,725 |  |   | 13,416 |  |
| Other assets                                                                                                                                                                                                                                                             | 503 |  |   | 502 |  |
| Total assets                                                                                                                                                                                                                                                             | $ | 624,154 |  |   | $ | 610,705 |  |
| LIABILITIES AND STOCKHOLDER'S EQUITY                                                                                                                                                                                                                                     |   |   |   |
| Current Liabilities:                                                                                                                                                                                                                                                     |   |   |   |
| Current maturities of other long-term obligations                                                                                                                                                                                                                        | $ | 1,662 |  |   | $ | 1,715 |  |
| Accounts payable                                                                                                                                                                                                                                                         | 37,299 |  |   | 29,705 |  |
| Accrued and other liabilities                                                                                                                                                                                                                                            | 37,643 |  |   | 43,560 |  |
| Accrued interest                                                                                                                                                                                                                                                         | 1,480 |  |   | 1,081 |  |
| Income taxes payable                                                                                                                                                                                                                                                     | 1,137 |  |   | 2,875 |  |
| Deferred tax liabilities                                                                                                                                                                                                                                                 | 3,584 |  |   | 3,584 |  |
| Total current liabilities                                                                                                                                                                                                                                                | 82,805 |  |   | 82,520 |  |
| Long-term obligations, less current maturities                                                                                                                                                                                                                           | 357,853 |  |   | 263,607 |  |
| Deferred tax liabilities                                                                                                                                                                                                                                                 | 81,012 |  |   | 78,927 |  |
| Other long-term liabilities                                                                                                                                                                                                                                              | 17,080 |  |   | 18,081 |  |
| Total liabilities                                                                                                                                                                                                                                                        | 538,750 |  |   | 443,135 |  |
| Stockholder's Equity:                                                                                                                                                                                                                                                    |   |   |   |
| Common stock, $0.01 par value:                                                                                                                                                                                                                                           |   |   |   |
| Authorized -- 1,000 shares                                                                                                                                                                                                                                               |   |   |   |
| Issued and outstanding -- 1,000 shares at June 30, 2012, and                                                                                                                                                                                        at December 31, 2011 | — |  |   | — |  |
| Additional paid-in capital                                                                                                                                                                                                                                               | 84,172 |  |   | 177,790 |  |
| Retained earnings                                                                                                                                                                                                                                                        | 3,259 |  |   | (7,939 | ) |
| Accumulated other comprehensive income                                                                                                                                                                                                                                   | (2,027 | ) |   | (2,281 | ) |
| Total stockholder's equity                                                                                                                                                                                                                                               | 85,404 |  |   | 167,570 |  |
| Total liabilities and stockholder's equity                                                                                                                                                                                                                               | $ | 624,154 |  |   | $ | 610,705 |  |

----

|                                                                                   |
|-----------------------------------------------------------------------------------|
|                                                                                   |  |  |  |  |  |  |  |
|                                                                              | Six Months Ended |   | Six Months Ended |
|                                                                              | June 30, 2012 |   | June 30, 2011 |
| Cash flows from operating activities:                                             |   |   |   |
| Net income                                                                        | $ | 11,198 |  |   | $ | 6,160 |  |
| Adjustments to reconcile net income to net cash provided by operating activities: |   |   |   |
| Depreciation and amortization                                                     | 10,290 |  |   | 12,241 |  |
| Deferred income taxes                                                             | 1,980 |  |   | 1,231 |  |
| Stock compensation expense                                                        | 378 |  |   | 258 |  |
| Amortization of debt discount                                                     | 214 |  |   | — |  |
| Restructuring costs, net of payments                                              | (753 | ) |   | 396 |  |
| Changes in operating assets and liabilities:                                      |   |   |   |
| Accounts receivable, net                                                          | (12,772 | ) |   | (13,599 | ) |
| Inventories                                                                       | (5,219 | ) |   | (15,570 | ) |
| Prepaids                                                                          | 831 |  |   | (3,560 | ) |
| Accounts payable                                                                  | 8,029 |  |   | 12,783 |  |
| Accrued interest                                                                  | 399 |  |   | (8,092 | ) |
| Accrued taxes                                                                     | (1,776 | ) |   | (1,128 | ) |
| Accrued and other liabilities                                                     | (6,584 | ) |   | (1,099 | ) |
| Net cash provided by (used in) operating activities                               | 6,215 |  |   | (9,979 | ) |
| Cash flows from investing activities:                                             |   |   |   |
| Capital expenditures                                                              | (5,700 | ) |   | (7,915 | ) |
| Other                                                                             | (289 | ) |   | (322 | ) |
| Net cash used in investing activities                                             | (5,989 | ) |   | (8,237 | ) |
| Cash flows from financing activities:                                             |   |   |   |
| Issuance of Additional Notes of Senior Secured Notes due 2017                     | 100,000 |  |   | — |  |
| Senior Secured Notes discount                                                     | (5,200 | ) |   | — |  |
| Dividend payment to Parent                                                        | (93,507 | ) |   | — |  |
| Use of Trusteed Assets for redemption of Senior Subordinated Notes                | — |  |   | 183,685 |  |
| Repayment of Senior Subordinated Notes                                            | — |  |   | (176,095 | ) |
| Repayments of other long-term obligations                                         | (818 | ) |   | (1,394 | ) |
| Deferred financing fees                                                           | (4,409 | ) |   | — |  |
| Proceeds from exercise of stock options                                           | 31 |  |   | — |  |
| Other, net                                                                        | (519 | ) |   | (275 | ) |
| Net cash provided by (used in) financing activities                               | (4,422 | ) |   | 5,921 |  |
| Effect of exchange rate changes on cash and cash equivalents                      | 108 |  |   | 562 |  |
| Total decrease in cash and cash equivalents                                       | (4,088 | ) |   | (11,733 | ) |
| Total cash and cash equivalents beginning of period                               | 20,856 |  |   | 22,399 |  |
| Total cash and cash equivalents end of period                                     | $ | 16,768 |  |   | $ | 10,666 |  |
| Income taxes paid                                                                 | $ | 4,536 |  |   | $ | 5,325 |  |
| Interest paid, including $8,688 for defeased Sr Subordinated Notes in 2011        | $ | 16,919 |  |   | $ | 21,713 |  |

----

|    |                    |
|----|--------------------|
| 1. | Organization  |

|    |                                            |
|----|--------------------------------------------|
| 2. | Summary of Significant Accounting Policies |

----

|                                |
|--------------------------------|
|                                |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                           | Three Months Ended |   | Three Months Ended |   | Six Months Ended |   | Six Months Ended |
|                           | June 30, 2012 |   | June 30, 2011 |   | June 30, 2012 |   | June 30, 2011 |
| Balance at beginning of period | $ | 4,733 |  |   | $ | 3,700 |  |   | $ | 4,600 |  |   | $ | 3,200 |  |
| Charged to expense             | 1,126 |  |   | 1,015 |  |   | 2,227 |  |   | 2,630 |  |
| Warranty payments              | (1,099 | ) |   | (673 | ) |   | (2,067 | ) |   | (1,788 | ) |
| Balance at end of period       | $ | 4,760 |  |   | $ | 4,042 |  |   | $ | 4,760 |  |   | $ | 4,042 |  |

|    |             |
|----|-------------|
| 3. | Inventories |

|                                   |
|-----------------------------------|
|                                   |  |  |  |  |  |  |  |
|                              | June 30, 2012 |   | December 31, 2011 |
| Raw materials and component parts | $ | 38,825 |  |   | $ | 32,009 |  |
| Work-in-process                   | 3,093 |  |   | 4,916 |  |
| Finished goods                    | 62,160 |  |   | 61,795 |  |
| Subtotal                          | 104,078 |  |   | 98,720 |  |
| LIFO reserve                      | (2,839 | ) |   | (2,709 | ) |
| Total                             | $ | 101,239 |  |   | $ | 96,011 |  |

----

|                                                                                      |
|--------------------------------------------------------------------------------------|
|                                                                                      |  |  |  |  |  |  |  |
|                                                                                 | June 30, 2012 |   | December 31, 2011 |
| Customer relationships                                                               | $ | 49,188 |  |   | $ | 49,188 |  |
| Intellectual property bundles                                                        | 77,476 |  |   | 77,476 |  |
| Patents                                                                              | 1,376 |  |   | 1,087 |  |
| Trademarks                                                                           | 19,341 |  |   | 19,341 |  |
|                                                                                 | 147,381 |  |   | 147,092 |  |
| Accumulated amortization of customer relationships and intellectual property bundles | (9,994 | ) |   | (6,827 | ) |
|                                                                                 | $ | 137,387 |  |   | $ | 140,265 |  |

|                                 |
|---------------------------------|
|                                 |  |  |  |
|                            | Carrying Amount of Goodwill |
| Balance as of December 31, 2011 | $ | 182,429 |  |
| Foreign currency translation    | 220 |  |
| Balance as of June 30, 2012     | $ | 182,649 |  |

|    |                                    |
|----|------------------------------------|
| 5. | Debt and Capital Lease Obligations |

|                                                                                                          |
|----------------------------------------------------------------------------------------------------------|
|                                                                                                          |  |  |  |  |  |  |  |
|                                                                                                     | June 30, 2012 |   | December 31, 2011 |
| Senior Secured Notes due December 15, 2017, 9% interest payable semi-annually on June 15 and December 15 | $ | 360,000 |  |   | $ | 260,000 |  |
| Senior Secured Notes discount                                                                            | (4,986 | ) |   | — |  |
| Capital leases                                                                                           | 4,501 |  |   | 5,322 |  |
| Long-term obligations                                                                                    | 359,515 |  |   | 265,322 |  |
| Current maturities                                                                                       | (1,662 | ) |   | (1,715 | ) |
| Long-term obligations, less current maturities                                                           | $ | 357,853 |  |   | $ | 263,607 |  |

----

----

|    |               |
|----|---------------|
| 6. | Restructuring |

----

|                                    |
|------------------------------------|
|                                    |  |  |  |  |  |  |  |  |  |  |  |
|                               | Employee Termination Benefits |   | Other Restructuring Costs |   | Total |
| Three Months Ended                 |   |   |   |   |   |
| June 30, 2012                 | $ | 234 |  |   | $ | 614 |  |   | $ | 848 |  |
| June 30, 2011                 | 396 |  |   | 219 |  |   | 615 |  |
|                                    |   |   |   |   |   |
| Six Months Ended                   |   |   |   |   |   |
| June 30, 2012                 | $ | 629 |  |   | $ | 1,030 |  |   | $ | 1,659 |  |
| June 30, 2011                 | 396 |  |   | 219 |  |   | 615 |  |
|                                    |   |   |   |   |   |
| As of June 30, 2012                |   |   |   |   |   |
| Cumulative restructuring costs     | $ | 3,826 |  |   | $ | 3,237 |  |   | $ | 7,063 |  |
| Total expected restructuring costs | $ | 3,900 |  |   | $ | 4,400 |  |   | $ | 8,300 |  |

|                                 |
|---------------------------------|
|                                 |  |  |  |  |  |  |  |  |  |  |  |
|                            | EmployeeTerminationBenefits |   | OtherRestructuringCosts |   | Total |
| Balance as of December 31, 2011 | $ | 1,571 |  |   | $ | 295 |  |   | $ | 1,866 |  |
| Charges                         | 629 |  |   | 1,030 |  |   | 1,659 |  |
| Payments and other adjustments  | (1,332 | ) |   | (1,080 | ) |   | (2,412 | ) |
| Balance as of June 30, 2012     | $ | 868 |  |   | $ | 245 |  |   | $ | 1,113 |  |

|    |                      |
|----|----------------------|
| 7. | Comprehensive Income |

|    |              |
|----|--------------|
| 8. | Income Taxes |

----

|    |               |
|----|---------------|
| 9. | Contingencies |

----

|                                                   |
|---------------------------------------------------|
|                                                   |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                              | U.S. Plan |   | U.S. Plan |
|                                              | Three Months Ended |   | Three Months Ended |   | Six Months Ended |   | Six Months Ended |
|                                              | June 30, 2012 |   | June 30, 2011 |   | June 30, 2012 |   | June 30, 2011 |
| Components of net periodic benefit cost/(income): |   |   |   |   |   |   |   |
| Service cost                                      | $ | — |  |   | $ | — |  |   | $ | — |  |   | $ | — |  |
| Interest cost                                     | 266 |  |   | 301 |  |   | 532 |  |   | 602 |  |
| Expected return on plan assets                    | (322 | ) |   | (324 | ) |   | (644 | ) |   | (648 | ) |
| Recognized loss                                   | 41 |  |   | — |  |   | 81 |  |   | — |  |
| Net periodic benefit cost/(income)                | $ | (15 | ) |   | $ | (23 | ) |   | $ | (31 | ) |   | $ | (46 | ) |
|                                              |   |   |   |   |   |   |   |
|                                              | Australian Plan |   | Australian Plan |
|                                              | Three Months Ended |   | Three Months Ended |   | Six Months Ended |   | Six Months Ended |
|                                              | June 30, 2012 |   | June 30, 2011 |   | June 30, 2012 |   | June 30, 2011 |
| Components of net periodic benefit cost/(income): |   |   |   |   |   |   |   |
| Service cost                                      | $ | 234 |  |   | $ | 341 |  |   | $ | 480 |  |   | $ | 633 |  |
| Interest cost                                     | 406 |  |   | 615 |  |   | 830 |  |   | 1,142 |  |
| Expected return on plan assets                    | (370 | ) |   | (560 | ) |   | (756 | ) |   | (1,040 | ) |
| Recognized loss                                   | — |  |   | — |  |   | — |  |   | — |  |
| Net periodic benefit cost                         | $ | 270 |  |   | $ | 396 |  |   | $ | 554 |  |   | $ | 735 |  |
|                                              |   |   |   |   |   |   |   |
|                                              | Canadian Plan |   | Canadian Plan |
|                                              | Three Months Ended |   | Three Months Ended |   | Six Months Ended |   | Six Months Ended |
|                                              | June 30, 2012 |   | June 30, 2011 |   | June 30, 2012 |   | June 30, 2011 |
| Components of net periodic benefit cost/(income): |   |   |   |   |   |   |   |
| Service cost                                      | $ | 48 |  |   | $ | 45 |  |   | $ | 97 |  |   | $ | 90 |  |
| Interest cost                                     | 49 |  |   | (18 | ) |   | 98 |  |   | (36 | ) |
| Expected return on plan assets                    | (65 | ) |   | — |  |   | (132 | ) |   | — |  |
| Recognized loss                                   | 1 |  |   | — |  |   | 3 |  |   | — |  |
| Net periodic benefit cost                         | $ | 33 |  |   | $ | 27 |  |   | $ | 66 |  |   | $ | 54 |  |

----

|              |
|--------------|
|              |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|         | Three Months Ended |   | Three Months Ended |   | Six Months Ended |   | Six Months Ended |
|         | June 30, 2012 |   | June 30, 2011 |   | June 30, 2012 |   | June 30, 2011 |
| Net Sales:   |   |   |   |   |   |   |   |
| Americas     | $ | 87,945 |  |   | $ | 82,511 |  |   | $ | 173,101 |  |   | $ | 159,949 |  |
| Asia-Pacific | 34,123 |  |   | 36,052 |  |   | 66,939 |  |   | 65,281 |  |
| Europe / RoW | 10,189 |  |   | 10,706 |  |   | 19,088 |  |   | 20,536 |  |
| Total        | $ | 132,257 |  |   | $ | 129,269 |  |   | $ | 259,128 |  |   | $ | 245,766 |  |

|                      |
|----------------------|
|                      |  |  |  |  |  |  |  |
|                 | June 30, 2012 |   | December 31, 2011 |
| Identifiable Assets: |   |   |   |
| Americas             | $ | 70,682 |  |   | $ | 67,683 |  |
| Asia-Pacific         | 17,734 |  |   | 17,953 |  |
| Europe / RoW         | 1,614 |  |   | 1,721 |  |
|                 | $ | 90,030 |  |   | $ | 87,357 |  |

|                                                                              |
|------------------------------------------------------------------------------|
|                                                                              |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                         | Three Months Ended |   | Three Months Ended |   | Six Months Ended |   | Six Months Ended |
|                                                                         | June 30, 2012 |   | June 30, 2011 |   | June 30, 2012 |   | June 30, 2011 |
| Gas equipment                                                                | $ | 46,843 |  |   | $ | 48,178 |  |   | $ | 95,814 |  |   | $ | 90,861 |  |
| Plasma power supplies, torches and related consumable parts                  | 22,541 |  |   | 20,903 |  |   | 43,291 |  |   | 41,053 |  |
| Arc accessories, including torches, related consumable parts and accessories | 25,066 |  |   | 22,965 |  |   | 46,036 |  |   | 43,677 |  |
| Welding equipment                                                            | 13,913 |  |   | 11,804 |  |   | 23,142 |  |   | 21,959 |  |
| Filler metals and hardfacing alloys                                          | 23,894 |  |   | 25,419 |  |   | 50,845 |  |   | 48,216 |  |
|                                                                         | $ | 132,257 |  |   | $ | 129,269 |  |   | $ | 259,128 |  |   | $ | 245,766 |  |

----

|     |                                |
|-----|--------------------------------|
| 12. | Relationships and Transactions |

----

----

|                                              |
|----------------------------------------------|
|                                              |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                         | ParentVictorTechnologiesGroup, Inc. |   | Guarantors |   | Non-Guarantors |   | Eliminations |   | Consolidated |
| Net sales                                    | $ | — |  |   | $ | 107,150 |  |   | $ | 25,107 |  |   | $ | — |  |   | $ | 132,257 |  |
| Cost of goods sold                           | — |  |   | 64,994 |  |   | 20,120 |  |   | — |  |   | 85,114 |  |
| Gross margin                                 | — |  |   | 42,156 |  |   | 4,987 |  |   | — |  |   | 47,143 |  |
| Selling, general and administrative expenses | — |  |   | 23,974 |  |   | 3,485 |  |   | — |  |   | 27,459 |  |
| Amortization of intangibles                  | — |  |   | 1,584 |  |   | — |  |   | — |  |   | 1,584 |  |
| Restructuring                                | — |  |   | 848 |  |   | — |  |   | — |  |   | 848 |  |
| Operating income                             | — |  |   | 15,750 |  |   | 1,502 |  |   | — |  |   | 17,252 |  |
| Other income (expense):                      |   |  |   |   |   |   |   |   |   |   |
| Interest, net                                | — |  |   | (8,431 | ) |   | (22 | ) |   | — |  |   | (8,453 | ) |
| Amortization of deferred financing costs     | — |  |   | (604 | ) |   | — |  |   | — |  |   | (604 | ) |
| Equity in net income (loss) of subsidiaries  | 5,986 |  |   | — |  |   | — |  |   | (5,986 | ) |   | — |  |
| Income (loss) before income tax provision    | 5,986 |  |   | 6,715 |  |   | 1,480 |  |   | (5,986 | ) |   | 8,195 |  |
| Income tax provision                         | — |  |   | 1,819 |  |   | 390 |  |   | — |  |   | 2,209 |  |
| Net income (loss)                            | $ | 5,986 |  |   | $ | 4,896 |  |   | $ | 1,090 |  |   | $ | (5,986 | ) |   | $ | 5,986 |  |

----

|                                              |
|----------------------------------------------|
|                                              |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                         | ParentVictorTechnologiesGroup, Inc. |   | Guarantors |   | Non-Guarantors |   | Eliminations |   | Consolidated |
| Net sales                                    | $ | — |  |   | $ | 133,450 |  |   | $ | 27,576 |  |   | $ | (31,757 | ) |   | $ | 129,269 |  |
| Cost of goods sold                           | — |  |   | 87,886 |  |   | 21,859 |  |   | (28,270 | ) |   | 81,475 |  |
| Gross margin                                 | — |  |   | 45,564 |  |   | 5,717 |  |   | (3,487 | ) |   | 47,794 |  |
| Selling, general and administrative expenses | (2 | ) |   | 23,253 |  |   | 4,474 |  |   | — |  |   | 27,725 |  |
| Amortization of intangibles                  | — |  |   | 1,583 |  |   | — |  |   | — |  |   | 1,583 |  |
| Restructuring                                | — |  |   | 615 |  |   | — |  |   | — |  |   | 615 |  |
| Operating income (loss)                      | 2 |  |   | 20,113 |  |   | 1,243 |  |   | (3,487 | ) |   | 17,871 |  |
| Other income (expense):                      |   |   |   |   |   |   |   |   |   |
| Interest, net                                | — |  |   | (6,022 | ) |   | (34 | ) |   | — |  |   | (6,056 | ) |
| Amortization of deferred financing costs     | — |  |   | (432 | ) |   | — |  |   | — |  |   | (432 | ) |
| Equity in net income (loss) of subsidiaries  | 6,070 |  |   | — |  |   | — |  |   | (6,070 | ) |   | — |  |
| Income (loss) before income tax provision    | 6,072 |  |   | 13,659 |  |   | 1,209 |  |   | (9,557 | ) |   | 11,383 |  |
| Income tax provision                         | — |  |   | 4,656 |  |   | 655 |  |   | — |  |   | 5,311 |  |
| Net income (loss)                            | $ | 6,072 |  |   | $ | 9,003 |  |   | $ | 554 |  |   | $ | (9,557 | ) |   | $ | 6,072 |  |

----

|                                              |
|----------------------------------------------|
|                                              |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                         | ParentVictorTechnologiesGroup, Inc. |   | Guarantors |   | Non-Guarantors |   | Eliminations |   | Consolidated |
| Net sales                                    | $ | — |  |   | $ | 211,027 |  |   | $ | 48,101 |  |   | $ | — |  |   | $ | 259,128 |  |
| Cost of goods sold                           | — |  |   | 129,432 |  |   | 38,685 |  |   | — |  |   | 168,117 |  |
| Gross margin                                 | — |  |   | 81,595 |  |   | 9,416 |  |   | — |  |   | 91,011 |  |
| Selling, general and administrative expenses | — |  |   | 46,833 |  |   | 7,068 |  |   | — |  |   | 53,901 |  |
| Amortization of intangibles                  | — |  |   | 3,167 |  |   | — |  |   | — |  |   | 3,167 |  |
| Restructuring                                | — |  |   | 1,659 |  |   | — |  |   | — |  |   | 1,659 |  |
| Operating income (loss)                      | — |  |   | 29,936 |  |   | 2,348 |  |   | — |  |   | 32,284 |  |
| Other income (expense):                      |   |   |   |   |   |   |   |   |   |
| Interest, net                                | — |  |   | (15,137 | ) |   | (46 | ) |   | — |  |   | (15,183 | ) |
| Amortization of deferred financing costs     | — |  |   | (1,100 | ) |   | — |  |   | — |  |   | (1,100 | ) |
| Equity in net income (loss) of subsidiaries  | 11,198 |  |   | — |  |   | — |  |   | (11,198 | ) |   | — |  |
| Income (loss) before income tax provision    | 11,198 |  |   | 13,699 |  |   | 2,302 |  |   | (11,198 | ) |   | 16,001 |  |
| Income tax provision                         | — |  |   | 4,448 |  |   | 355 |  |   | — |  |   | 4,803 |  |
| Net income (loss)                            | $ | 11,198 |  |   | $ | 9,251 |  |   | $ | 1,947 |  |   | $ | (11,198 | ) |   | $ | 11,198 |  |

----

|                                              |
|----------------------------------------------|
|                                              |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                         | ParentVictorTechnologiesGroup, Inc. |   | Guarantors |   | Non-Guarantors |   | Eliminations |   | Consolidated |
| Net sales                                    | $ | — |  |   | $ | 253,056 |  |   | $ | 49,010 |  |   | $ | (56,300 | ) |   | $ | 245,766 |  |
| Cost of goods sold                           | — |  |   | 175,914 |  |   | 38,664 |  |   | (49,832 | ) |   | 164,746 |  |
| Gross margin                                 | — |  |   | 77,142 |  |   | 10,346 |  |   | (6,468 | ) |   | 81,020 |  |
| Selling, general and administrative expenses | (2 | ) |   | 45,329 |  |   | 7,228 |  |   | — |  |   | 52,555 |  |
| Amortization of intangibles                  | — |  |   | 3,129 |  |   | — |  |   | — |  |   | 3,129 |  |
| Restructuring                                | — |  |   | 615 |  |   | — |  |   | — |  |   | 615 |  |
| Operating income (loss)                      | 2 |  |   | 28,069 |  |   | 3,118 |  |   | (6,468 | ) |   | 24,721 |  |
| Other income (expense):                      |   |   |   |   |   |   |   |   |   |
| Interest, net                                | 484 |  |   | (12,768 | ) |   | (69 | ) |   | — |  |   | (12,353 | ) |
| Amortization of deferred financing costs     | — |  |   | (821 | ) |   | — |  |   | — |  |   | (821 | ) |
| Equity in net income (loss) of subsidiaries  | 5,674 |  |   | — |  |   | — |  |   | (5,674 | ) |   | — |  |
| Income (loss) before income tax provision    | 6,160 |  |   | 14,480 |  |   | 3,049 |  |   | (12,142 | ) |   | 11,547 |  |
| Income tax provision                         | — |  |   | 4,184 |  |   | 1,203 |  |   | — |  |   | 5,387 |  |
| Net income (loss)                            | $ | 6,160 |  |   | $ | 10,296 |  |   | $ | 1,846 |  |   | $ | (12,142 | ) |   | $ | 6,160 |  |

----

|                                          |
|------------------------------------------|
|                                          |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                     | ParentVictorTechnologiesGroup, Inc. |   | Guarantors |   | Non-Guarantors |   | Eliminations |   | Consolidated |
| Net income                               | $ | 5,986 |  |   | $ | 4,896 |  |   | $ | 1,090 |  |   | $ | (5,986 | ) |   | $ | 5,986 |  |
| Other comprehensive income, net of tax:  |   |   |   |   |   |   |   |   |   |
| Foreign currency translation adjustments | (2,081 | ) |   | (3,611 | ) |   | (866 | ) |   | 4,477 |  |   | (2,081 | ) |
| Pension and postretirement               | 56 |  |   | 47 |  |   | 9 |  |   | (56 | ) |   | 56 |  |
| Comprehensive income                     | $ | 3,961 |  |   | $ | 1,332 |  |   | $ | 233 |  |   | $ | (1,565 | ) |   | $ | 3,961 |  |

----

|                                          |
|------------------------------------------|
|                                          |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                     | ParentVictorTechnologiesGroup, Inc. |   | Guarantors |   | Non-Guarantors |   | Eliminations |   | Consolidated |
| Net income                               | $ | 6,072 |  |   | $ | 9,003 |  |   | $ | 554 |  |   | $ | (9,557 | ) |   | $ | 6,072 |  |
| Other comprehensive income, net of tax:  |   |   |   |   |   |   |   |   |   |
| Foreign currency translation adjustments | 1,595 |  |   | 1,896 |  |   | 180 |  |   | (2,076 | ) |   | 1,595 |  |
| Pension and postretirement               | 6 |  |   | 6 |  |   | — |  |   | (6 | ) |   | 6 |  |
| Comprehensive income                     | $ | 7,673 |  |   | $ | 10,905 |  |   | $ | 734 |  |   | $ | (11,639 | ) |   | $ | 7,673 |  |

----

|                                          |
|------------------------------------------|
|                                          |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                     | ParentVictorTechnologiesGroup, Inc. |   | Guarantors |   | Non-Guarantors |   | Eliminations |   | Consolidated |
| Net income                               | $ | 11,198 |  |   | $ | 9,251 |  |   | $ | 1,947 |  |   | $ | (11,198 | ) |   | $ | 11,198 |  |
| Other comprehensive income, net of tax:  |   |   |   |   |   |   |   |   |   |
| Foreign currency translation adjustments | 215 |  |   | 1,391 |  |   | (50 | ) |   | (1,341 | ) |   | 215 |  |
| Pension and postretirement               | 39 |  |   | 38 |  |   | 1 |  |   | (39 | ) |   | 39 |  |
| Comprehensive income                     | $ | 11,452 |  |   | $ | 10,680 |  |   | $ | 1,898 |  |   | $ | (12,578 | ) |   | $ | 11,452 |  |

----

|                                          |
|------------------------------------------|
|                                          |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                     | ParentVictorTechnologiesGroup, Inc. |   | Guarantors |   | Non-Guarantors |   | Eliminations |   | Consolidated |
| Net income                               | $ | 6,160 |  |   | $ | 10,296 |  |   | $ | 1,846 |  |   | $ | (12,142 | ) |   | $ | 6,160 |  |
| Other comprehensive income, net of tax:  |   |   |   |   |   |   |   |   |   |
| Foreign currency translation adjustments | 2,982 |  |   | 3,949 |  |   | 781 |  |   | (4,730 | ) |   | 2,982 |  |
| Pension and postretirement               | 10 |  |   | 9 |  |   | 1 |  |   | (10 | ) |   | 10 |  |
| Comprehensive income                     | $ | 9,152 |  |   | $ | 14,254 |  |   | $ | 2,628 |  |   | $ | (16,882 | ) |   | $ | 9,152 |  |

----

|                                                          |
|----------------------------------------------------------|
|                                                          |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                     | ParentVictorTechnologiesGroup, Inc. |   | Guarantors |   | Non-Guarantors |   | Eliminations |   | Consolidated |
| ASSETS                                                   |   |   |   |   |   |   |   |   |   |
| Current Assets:                                          |   |   |   |   |   |   |   |   |   |
| Cash and cash equivalents                                | $ | — |  |   | $ | 12,564 |  |   | $ | 4,204 |  |   | $ | — |  |   | $ | 16,768 |  |
| Accounts receivable, net                                 | — |  |   | 67,237 |  |   | 14,118 |  |   | — |  |   | 81,355 |  |
| Inventories                                              | — |  |   | 89,168 |  |   | 12,071 |  |   | — |  |   | 101,239 |  |
| Prepaid expenses and other                               | — |  |   | 5,271 |  |   | 6,208 |  |   | — |  |   | 11,479 |  |
| Deferred tax assets                                      | — |  |   | 2,823 |  |   | — |  |   | — |  |   | 2,823 |  |
| Total current assets                                     | — |  |   | 177,063 |  |   | 36,601 |  |   | — |  |   | 213,664 |  |
| Property, plant and equipment, net                       | — |  |   | 61,049 |  |   | 12,177 |  |   | — |  |   | 73,226 |  |
| Goodwill                                                 | — |  |   | 182,649 |  |   | — |  |   | — |  |   | 182,649 |  |
| Intangibles, net                                         | — |  |   | 133,737 |  |   | 3,650 |  |   | — |  |   | 137,387 |  |
| Deferred financing fees                                  | — |  |   | 16,725 |  |   | — |  |   | — |  |   | 16,725 |  |
| Other assets                                             | — |  |   | 503 |  |   | — |  |   | — |  |   | 503 |  |
| Investment in and advances to subsidiaries               | 174,467 |  |   | 79,232 |  |   | — |  |   | (253,699 | ) |   | — |  |
| Total assets                                             | $ | 174,467 |  |   | $ | 650,958 |  |   | $ | 52,428 |  |   | $ | (253,699 | ) |   | $ | 624,154 |  |
| LIABILITIES AND SHAREHOLDER'S EQUITY (DEFICIT)           |   |  |   |   |  |   |   |  |   |   |  |   |   |  |
| Current Liabilities:                                     |   |  |   |   |  |   |   |  |   |   |  |   |   |  |
| Current maturities of long-term obligations              | $ | — |  |   | $ | 1,246 |  |   | $ | 416 |  |   | $ | — |  |   | $ | 1,662 |  |
| Accounts payable                                         | — |  |   | 29,576 |  |   | 7,723 |  |   | — |  |   | 37,299 |  |
| Accrued and other liabilities                            | — |  |   | 32,137 |  |   | 5,506 |  |   | — |  |   | 37,643 |  |
| Accrued interest                                         | — |  |   | 1,480 |  |   | — |  |   | — |  |   | 1,480 |  |
| Income taxes payable                                     | — |  |   | 342 |  |   | 795 |  |   | — |  |   | 1,137 |  |
| Deferred tax liability                                   | — |  |   | 3,584 |  |   | — |  |   | — |  |   | 3,584 |  |
| Total current liabilities                                | — |  |   | 68,365 |  |   | 14,440 |  |   | — |  |   | 82,805 |  |
| Long-term obligations, less current maturities           | — |  |   | 357,698 |  |   | 155 |  |   | — |  |   | 357,853 |  |
| Deferred tax liabilities                                 | — |  |   | 81,012 |  |   | — |  |   | — |  |   | 81,012 |  |
| Other long-term liabilities                              | — |  |   | 15,298 |  |   | 1,782 |  |   | — |  |   | 17,080 |  |
| Net equity (deficit) and advances to / from subsidiaries | 89,063 |  |   | 16,368 |  |   | (36,952 | ) |   | (68,479 | ) |   | — |  |
| Stockholder's equity (deficit):                          |   |  |   |   |  |   |   |  |   |   |  |   |   |  |
| Common stock                                             | — |  |   | 2,555 |  |   | 55,145 |  |   | (57,700 | ) |   | — |  |
| Additional paid-in-capital                               | 84,171 |  |   | 111,586 |  |   | 15,569 |  |   | (127,154 | ) |   | 84,172 |  |
| Accumulated deficit                                      | 3,259 |  |   | 4,032 |  |   | 1,901 |  |   | (5,933 | ) |   | 3,259 |  |
| Accumulated other comprehensive income (loss)            | (2,026 | ) |   | (5,956 | ) |   | 388 |  |   | 5,567 |  |   | (2,027 | ) |
| Total stockholder's equity (deficit)                     | 85,404 |  |   | 112,217 |  |   | 73,003 |  |   | (185,220 | ) |   | 85,404 |  |
| Total liabilities and stockholder's equity (deficit)     | $ | 174,467 |  |   | $ | 650,958 |  |   | $ | 52,428 |  |   | $ | (253,699 | ) |   | $ | 624,154 |  |

----

|                                                          |
|----------------------------------------------------------|
|                                                          |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                     | ParentVictorTechnologiesGroup, Inc. |   | Guarantors |   | Non-Guarantors |   | Eliminations |   | Consolidated |
| ASSETS                                                   |   |   |   |   |   |   |   |   |   |
| Current Assets:                                          |   |   |   |   |   |   |   |   |   |
| Cash and cash equivalents                                | $ | — |  |   | $ | 15,298 |  |   | $ | 5,558 |  |   | $ | — |  |   | $ | 20,856 |  |
| Accounts receivable, net                                 | — |  |   | 56,893 |  |   | 11,677 |  |   | — |  |   | 68,570 |  |
| Inventories                                              | — |  |   | 85,345 |  |   | 10,666 |  |   | — |  |   | 96,011 |  |
| Prepaid expenses and other                               | — |  |   | 7,057 |  |   | 4,915 |  |   | — |  |   | 11,972 |  |
| Deferred tax assets                                      | — |  |   | 2,823 |  |   | — |  |   | — |  |   | 2,823 |  |
| Total current assets                                     | — |  |   | 167,416 |  |   | 32,816 |  |   | — |  |   | 200,232 |  |
| Property, plant and equipment, net                       | — |  |   | 61,971 |  |   | 11,890 |  |   | — |  |   | 73,861 |  |
| Deferred financing fees                                  | — |  |   | 13,416 |  |   | — |  |   | — |  |   | 13,416 |  |
| Other assets                                             | — |  |   | 502 |  |   | — |  |   | — |  |   | 502 |  |
| Goodwill                                                 | — |  |   | 182,429 |  |   | — |  |   | — |  |   | 182,429 |  |
| Intangibles, net                                         | — |  |   | 136,515 |  |   | 3,750 |  |   | — |  |   | 140,265 |  |
| Investment in and advances to subsidiaries               | 191,135 |  |   | 79,232 |  |   | — |  |   | (270,367 | ) |   | — |  |
| Total assets                                             | $ | 191,135 |  |   | $ | 641,481 |  |   | $ | 48,456 |  |   | $ | (270,367 | ) |   | $ | 610,705 |  |
| LIABILITIES AND SHAREHOLDER'S EQUITY (DEFICIT)           |   |   |   |   |   |   |   |   |   |
| Current Liabilities:                                     |   |   |   |   |   |   |   |   |   |
| Current maturities of long-term obligations              | $ | — |  |   | $ | 1,276 |  |   | $ | 439 |  |   | $ | — |  |   | $ | 1,715 |  |
| Accounts payable                                         | — |  |   | 23,299 |  |   | 6,406 |  |   | — |  |   | 29,705 |  |
| Accrued and other liabilities                            | — |  |   | 38,120 |  |   | 5,440 |  |   | — |  |   | 43,560 |  |
| Accrued interest                                         | — |  |   | 1,081 |  |   | — |  |   | — |  |   | 1,081 |  |
| Income taxes payable                                     | — |  |   | 1,929 |  |   | 946 |  |   | — |  |   | 2,875 |  |
| Deferred tax liability                                   | — |  |   | 3,584 |  |   | — |  |   | — |  |   | 3,584 |  |
| Total current liabilities                                | — |  |   | 69,289 |  |   | 13,231 |  |   | — |  |   | 82,520 |  |
| Long-term obligations, less current maturities           | — |  |   | 263,246 |  |   | 361 |  |   | — |  |   | 263,607 |  |
| Deferred tax liabilities                                 | — |  |   | 78,927 |  |   | — |  |   | — |  |   | 78,927 |  |
| Other long-term liabilities                              | — |  |   | 16,184 |  |   | 1,897 |  |   | — |  |   | 18,081 |  |
| Net equity (deficit) and advances to / from subsidiaries | 23,565 |  |   | 108,505 |  |   | (39,149 | ) |   | (92,921 | ) |   | — |  |
| Stockholder's equity (deficit):                          |   |   |   |   |   |   |   |   |   |
| Common stock                                             | — |  |   | 2,555 |  |   | 55,145 |  |   | (57,700 | ) |   | — |  |
| Additional paid-in-capital                               | 177,790 |  |   | 111,207 |  |   | 15,456 |  |   | (126,663 | ) |   | 177,790 |  |
| Accumulated deficit                                      | (7,939 | ) |   | (323 | ) |   | 1,044 |  |   | (721 | ) |   | (7,939 | ) |
| Accumulated other comprehensive income (loss)            | (2,281 | ) |   | (8,109 | ) |   | 471 |  |   | 7,638 |  |   | (2,281 | ) |
| Total stockholder's equity (deficit)                     | 167,570 |  |   | 105,330 |  |   | 72,116 |  |   | (177,446 | ) |   | 167,570 |  |
| Total liabilities and stockholder's equity (deficit)     | $ | 191,135 |  |   | $ | 641,481 |  |   | $ | 48,456 |  |   | $ | (270,367 | ) |   | $ | 610,705 |  |

----

|                                                               |
|---------------------------------------------------------------|
|                                                               |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                          | ParentVictorTechnologiesGroup, Inc. |   | Guarantors |   | Non-Guarantors |   | Eliminations |   | Consolidated |
| Cash flows from operating activities:                         |   |   |   |   |   |   |   |   |   |
| Net cash provided by (used in) operating activities           | $ | 11,576 |  |   | $ | 7,516 |  |   | $ | (1,679 | ) |   | $ | (11,198 | ) |   | $ | 6,215 |  |
| Cash flows from investing activities:                         |   |   |   |   |   |   |   |   |   |
| Capital expenditures                                          | — |  |   | (4,787 | ) |   | (913 | ) |   | — |  |   | (5,700 | ) |
| Other                                                         | — |  |   | (389 | ) |   | 100 |  |   | — |  |   | (289 | ) |
| Net cash provided by (used in) investing activities           | — |  |   | (5,176 | ) |   | (813 | ) |   | — |  |   | (5,989 | ) |
| Cash flows from financing activities:                         |   |   |   |   |   |   |   |   |   |
| Issuance of Additional Notes of Senior Secured Notes due 2017 | — |  |   | 100,000 |  |   | — |  |   | — |  |   | 100,000 |  |
| Senior Secured Notes discount                                 | — |  |   | (5,200 | ) |   | — |  |   | — |  |   | (5,200 | ) |
| Repayments of other long-term obligations                     | — |  |   | (594 | ) |   | (224 | ) |   | — |  |   | (818 | ) |
| Deferred financing fees                                       | — |  |   | (4,409 | ) |   | — |  |   | — |  |   | (4,409 | ) |
| Dividend payment to Parent                                    | (93,507 | ) |   | — |  |   | — |  |   | — |  |   | (93,507 | ) |
| Proceeds from exercise of stock options                       | 31 |  |   | — |  |   | — |  |   | — |  |   | 31 |  |
| Changes in net equity                                         | 82,419 |  |   | (95,014 | ) |   | 1,397 |  |   | 11,198 |  |   | — |  |
| Other, net                                                    | (519 | ) |   | — |  |   | — |  |   | — |  |   | (519 | ) |
| Net cash provided by (used in) financing activities           | (11,576 | ) |   | (5,217 | ) |   | 1,173 |  |   | 11,198 |  |   | (4,422 | ) |
| Effect of exchange rate changes on cash and cash equivalents  | — |  |   | 143 |  |   | (35 | ) |   | — |  |   | 108 |  |
| Total increase (decrease) in cash and cash equivalents        | — |  |   | (2,734 | ) |   | (1,354 | ) |   | — |  |   | (4,088 | ) |
| Total cash and cash equivalents beginning of period           | — |  |   | 15,298 |  |   | 5,558 |  |   | — |  |   | 20,856 |  |
| Total cash and cash equivalents end of period                 | $ | — |  |   | $ | 12,564 |  |   | $ | 4,204 |  |   | $ | — |  |   | $ | 16,768 |  |

----

|                                                                    |
|--------------------------------------------------------------------|
|                                                                    |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                               | ParentVictorTechnologiesGroup, Inc. |   | Guarantors |   | Non-Guarantors |   | Eliminations |   | Consolidated |
| Cash flows from operations:                                        |   |   |   |   |   |   |   |   |   |
| Net cash provided by (used in) operating activities                | $ | (1,164 | ) |   | $ | 1,441 |  |   | $ | 1,641 |  |   | $ | (11,897 | ) |   | $ | (9,979 | ) |
| Cash flows from investing activities:                              |   |   |   |   |   |   |   |   |   |
| Capital expenditures                                               | — |  |   | (5,530 | ) |   | (2,385 | ) |   | — |  |   | (7,915 | ) |
| Other                                                              | — |  |   | (322 | ) |   | — |  |   | — |  |   | (322 | ) |
| Net cash provided by (used in) investing activities                | — |  |   | (5,852 | ) |   | (2,385 | ) |   | — |  |   | (8,237 | ) |
| Cash flows from financing activities:                              |   |   |   |   |   |   |   |   |   |
| Repayments of other long-term obligations                          | — |  |   | (1,934 | ) |   | 540 |  |   | — |  |   | (1,394 | ) |
| Repayment of Senior Subordinated Notes                             | (176,095 | ) |   | — |  |   | — |  |   | — |  |   | (176,095 | ) |
| Use of Trusteed Assets for redemption of Senior Subordinated Notes | 183,685 |  |   | — |  |   | — |  |   | — |  |   | 183,685 |  |
| Changes in net equity                                              | (6,426 | ) |   | (6,750 | ) |   | 1,279 |  |   | 11,897 |  |   | — |  |
| Other                                                              | — |  |   | (275 | ) |   | — |  |   | — |  |   | (275 | ) |
| Net cash provided by (used in) financing activities                | 1,164 |  |   | (8,959 | ) |   | 1,819 |  |   | 11,897 |  |   | 5,921 |  |
| Effect of exchange rate changes on cash and cash equivalents       | — |  |   | 386 |  |   | 176 |  |   | — |  |   | 562 |  |
| Total increase (decrease) in cash and cash equivalents             | — |  |   | (12,984 | ) |   | 1,251 |  |   | — |  |   | (11,733 | ) |
| Total cash and cash equivalents beginning of period                | — |  |   | 18,692 |  |   | 3,707 |  |   | — |  |   | 22,399 |  |
| Total cash and cash equivalents end of period                      | $ | — |  |   | $ | 5,708 |  |   | $ | 4,958 |  |   | $ | — |  |   | $ | 10,666 |  |

----

----

|                                       |
|---------------------------------------|
|                                       |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| ($ in thousands)       | Three Months Ended |   | Three Months Ended |   |   |   | Six Months Ended |   | Six Months Ended |   |   |
|                                  | June 30, 2012 |   | June 30, 2011 |   | % Change |   | June 30, 2012 |   | June 30, 2011 |   | % Change |
| Net sales summary:                    |   |   |   |   |   |   |   |   |   |   |   |
| Americas                              | $ | 87,945 |  |   | $ | 82,511 |  |   | 6.6 |  % |   | $ | 173,101 |  |   | $ | 159,949 |  |   | 8.2 |  % |
| Asia-Pacific                          | 34,123 |  |   | 36,052 |  |   | (5.4 | )% |   | 66,939 |  |   | 65,281 |  |   | 2.5 |  % |
| Europe/RoW                            | 10,189 |  |   | 10,706 |  |   | (4.8 | )% |   | 19,088 |  |   | 20,536 |  |   | (7.1 | )% |
| Consolidated                          | $ | 132,257 |  |   | $ | 129,269 |  |   | 2.3 |  % |   | $ | 259,128 |  |   | $ | 245,766 |  |   | 5.4 |  % |

|                                       |
|---------------------------------------|
|                                       |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| ($ in thousands)       | Three Months Ended |   | Three Months Ended |   |   |   | Six Months Ended |   | Six Months Ended |   |   |
|                                  | June 30, 2012 |   | June 30, 2011 |   | % Change |   | June 30, 2012 |   | June 30, 2011 |   | % Change |
| Gross margin                          | $ | 47,143 |  |   | $ | 47,794 |  |   | (1.4 | )% |   | $ | 91,011 |  |   | $ | 81,020 |  |   | 12.3 | % |
| % of sales                            | 35.6 | % |   | 37.0 | % |   |   |  |   | 35.1 | % |   | 33.0 | % |   |   |

----

|                                                                                                                                                                                                                                                                                                          |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                                                                                                                                                          |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| ($ in thousands)                                                                                                                                                                                                                                                                          | Three Months Ended |   | Three Months Ended |   |   |   | Six Months Ended |   | Six Months Ended |   |   |
|                                                                                                                                                                                                                                                                                                     | June 30, 2012 |   | June 30, 2011 |   | % Change |   | June 30, 2012 |   | June 30, 2011 |   | % Change |
| Selling, general and                                                                                                                                                                                                                                                             administrative expenses | $ | 27,459 |  |   | $ | 27,725 |  |   | (1.0 | )% |   | $ | 53,901 |  |   | $ | 52,555 |  |   | 2.6 | % |
| % of sales                                                                                                                                                                                                                                                                                               | 20.8 | % |   | 21.4 | % |   |   |  |   | 20.8 | % |   | 21.4 | % |   |   |

|                                       |
|---------------------------------------|
|                                       |  |  |  |  |  |  |  |  |  |  |  |
| ($ in thousands)       | Employee Termination Benefits |   | Other Restructuring Costs |   | Total |
| Three Months Ended                    |   |   |   |   |   |
| June 30, 2012                    | $ | 234 |  |   | $ | 614 |  |   | $ | 848 |  |
| June 30, 2011                    | 396 |  |   | 219 |  |   | 615 |  |
|                                  |   |   |   |   |   |
| Six Months Ended                      |   |   |   |   |   |
| June 30, 2012                    | $ | 629 |  |   | $ | 1,030 |  |   | $ | 1,659 |  |
| June 30, 2011                    | 396 |  |   | 219 |  |   | 615 |  |
|                                  |   |   |   |   |   |
| As of June 30, 2012                   |   |   |   |   |   |
| Cumulative restructuring costs        | $ | 3,826 |  |   | $ | 3,237 |  |   | $ | 7,063 |  |
| Total expected restructuring costs    | $ | 3,900 |  |   | $ | 4,400 |  |   | $ | 8,300 |  |

----

|                                       |
|---------------------------------------|
|                                       |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| ($ in thousands)       | Three Months Ended |   | Three Months Ended |   |   |   | Six Months Ended |   | Six Months Ended |   |   |
|                                  | June 30, 2012 |   | June 30, 2011 |   | % Change |   | June 30, 2012 |   | June 30, 2011 |   | % Change |
| Interest, net                         | $ | 8,453 |  |   | $ | 6,056 |  |   | 39.6 | % |   | $ | 15,183 |  |   | $ | 12,353 |  |   | 22.9 | % |

|                                       |
|---------------------------------------|
|                                       |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| ($ in thousands)       | Three Months Ended |   | Three Months Ended |   |   |   | Six Months Ended |   | Six Months Ended |   |   |
|                                  | June 30, 2012 |   | June 30, 2011 |   | % Change |   | June 30, 2012 |   | June 30, 2011 |   | % Change |
| Income tax provision                  | $ | 2,209 |  |   | $ | 5,311 |  |   | (58.4 | )% |   | $ | 4,803 |  |   | $ | 5,387 |  |   | (10.8 | )% |
| % of income before tax                | 27.0 | % |   | 46.7 | % |   |   |  |   | 30.0 | % |   | 46.7 | % |   |   |

|                                       |
|---------------------------------------|
|                                       |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| ($ in thousands)       | Three Months Ended |   | Three Months Ended |   |   |   | Six Months Ended |   | Six Months Ended |   |   |
|                                  | June 30, 2012 |   | June 30, 2011 |   | % Change |   | June 30, 2012 |   | June 30, 2011 |   | % Change |
| Net income                            | $ | 5,986 |  |   | $ | 6,072 |  |   | (1.4 | )% |   | $ | 11,198 |  |   | $ | 6,160 |  |   | 81.8 | % |
| % of sales                            | 4.5 | % |  | 4.7 | % |   |   |  |   | 4.3 | % |   | 2.5 | % |   |   |

----

|                                       |
|---------------------------------------|
|                                       |  |  |  |  |  |  |  |
| ($ in thousands)       | Six Months Ended |   | Six Months Ended |
|                                  | June 30, 2012 |   | June 30, 2011 |
| Net cash provided by (used in):       |   |   |   |
| Operating activities                  | $ | 6,215 |  |   | $ | (9,979 | ) |
| Investing activities                  | (5,989 | ) |   | (8,237 | ) |
| Financing activities                  | (4,422 | ) |   | 5,921 |  |

----

----

|                            |
|----------------------------|
|                            |  |  |  |  |  |  |  |  |  |  |  |  |
|                       |   |   |   | Incorporated by Reference |   |   |
| Exhibit Number   |   | Description of Exhibit |   | Form |   | File Number |   | Exhibit  |   | Filing Date     |   | Filed or Furnished Herewith |
|                       |   |   |   |   |   |   |   |   |   |   |   |   |
| 3.1                        |   | Fifth Amended and Restated Certificate of Incorporation |   | 8-K |   | 001-13023 |   | 3.1 |   | 5/23/2012 |   |   |
| 10.1                       |   | Resolution Agreement dated as of January 18, 2012, between the Company and other defendants identified therein and the plaintiffs' counsel listed on the signature pages thereto. |   | 8-K |   | 001-13023 |   | 99.1 |   | 4/18/2012 |   |   |
| 10.2                       |   | Executive Employment Agreement between Victor Technologies Group, Inc. and E. Lee Qualls, dated as of July 9, 2012. |   |   |   |   |   |   |   |   |   | X |
| 31.1                       |   | Certification Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. |   |   |   |   |   |   |   |   |   | X |
| 31.2                       |   | Certification Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. |   |   |   |   |   |   |   |   |   | X |
| 32.1                       |   | Certification Pursuant to 18 U.S.C. Section 1350, as Adopted by Section 906 of the Sarbanes-Oxley Act of 2002. |   |   |   |   |   |   |   |   |   | X |
| 32.2                       |   | Certification Pursuant to 18 U.S.C. Section 1350, as Adopted by Section 906 of the Sarbanes-Oxley Act of 2002. |   |   |   |   |   |   |   |   |   | X |

----

|                       |
|-----------------------|
|                       |  |  |
|                  | VICTOR TECHNOLOGIES GROUP, INC. |
|                  |   |   |
|                  | By: |   /s/  Jeffrey S. Kulka |
|                  |   | Jeffrey S. KulkaExecutive Vice President and Chief Financial Officer |
|                  |   | (Principal Financial and Accounting Officer) |
| Date: August 14, 2012 |   |   |