The Haier Group and SANYO Electric Co. conclude the transition process following Haier's 2011 acquisition of SANYO's white goods business in select Asian markets Today, Haier Group Corporation ("Haier"), the world's no. 1 white goods manufacturer, and SANYO Electric Co., Ltd. ("SANYO Electric") held a closing ceremony in Singapore to officially mark the completion of Haier's acquisition of SANYO Electric's refrigerator, washing machine and other consumer electric appliances business in Japan,