China - Baring Private Equity refuses to negotiate with workers (2013)

After Baring Private Equity Asia Group bought the fast food chain Golden Hans in January 2013 it refused to negotiate severance pay and new contracts with workers. In the acquisition of the fast food chain store, Golden Hans by Baring Private Equity Asia Group in January 2013, the new management had refused to negotiate the settlement of workers’ severance and a new contract. An eight-person committee was formed to represent more than 6000 employees from all branches and signatures were collected to demand a negotiation with the new management. However the new management did not attend the negotiation meeting scheduled for 4 September 2013. Subsequently, four workers’ representatives were sacked.