Pentair Ltd., formerly Tyco Flow Control International Ltd., is global water, fluid, thermal management, and equipment protection partner. The Company operates in three segments: Water & Fluid Solutions, Valves & Controls, and Equipment Protection & Thermal. Water & Fluid Solutions is a provider of water management and fluid processing products and solutions. Valves & Controls is the manufacturers of valves, actuators and controls. Valves & Controls segment's products, services and solutions address applications in the general process, oil and gas, power generation and mining industries. Equipment Protection & Thermal is a provider of products focused on electronics and electronic equipment, and is a provider of electric heat management solutions. On September 28, 2012, Pentair, Inc. (Pentair) completed its merger (the Merger) with Panthro Merger Sub, Inc. (Merger Sub), a wholly owned, indirect subsidiary of Pentair Ltd.