This retail organisation in pharmacies has limited number of shareholders. They decided a decade ago to expand the retail chain in the Netherlands, and market conditions looked bright. Although after buying mutliple outlets, they never got to the integration. There was no need, margins were excellent, earnings were very decent. The expansion was all paid with Bank Loans. Changing market conditions made deep impact on the Margins. As such Cashflow turned negative, and debts could not be paid anymore. In order to survive, AITEM BV was asked to assist, initially negotiating with the Bank about terms and refinancing. Bases for this was a restructuring plan presented to the shareholders and the Banks. With little modifications, commitment from both Shareholders and Bank resulted in half the interest cost, and made a renewed healthy retail organization.