Content about Hefei Rongshida Sanyo Electric Co.

August 15, 2013

Whirlpool has entered into agreements to become a majority shareholder in Hefei Rongshida Sanyo Electric Co., a leading home appliances manufacturer based in Hefei, China.

Through this transaction, a Whirlpool subsidiary will acquire all shares currently owned by Sanyo Electric Co. and Sanyo Electric Co. (China), and purchase new Hefei Sanyo shares via a private placement.