Sif Holding N.V. (ENXTAM:SIFG) signed heads of agreement to acquire KCI the engineers B.V. from IHC Merwede Holding B.V. on December 22, 2020. The final agreement is subject to due diligence outcome and is expected in the first quarter of 2021. Works Councils of parties involved have been informed or asked to advise on the intended acquisition. Ernst & Young LLP (UK) acted as due diligence provider to IHC Merwede Holding B.V.