Well, this article from Sept 2018 says their owner NHI Northern Heavy Industries (a Chinese company) is "insolvent" (read: bankrupt) and that NFM is looking for a new owner:

NFM for sale from insolvent Chinese owner

Very likely the things went southward since then, I am afraid...

If I were in place of Iranians I would buy some of those TBMs. In Iran they use NFMs and they have problem with getting spares.

I wonder if TBMs fall into any sanctions with Iran?

Yes NFM is gone. The German tunneling company Mulhauser took it over. Or rather, what is left over of NFM after the creditors grabbed whathever they can. Those TBMs that KPMG is trying to sell are probably the TBMs seized by the creditors.

French government site announcement says they are very happy with the German takeover:

France welcomes the takeover of NFM Technologies by Mühlhäuser

There you go. The KPMG listing for #NFM TBMs

#forSale

https://bit.ly/364kJK3

Another one bites the dust...
Bad news for the European manufacturing.

I think it was already bad news about European manufacturing when NFM was sold to the Chinese company NHI.

I asked around about this. Maybe the Chinese company NHI thought the NFM had too many liabilities and was better of if let to go bust. 

So, in the final analysis, NFM was not bankrupt. Its then-owner the Chinese NHI went bankrupt and NFM has been taken over by German tunnelling company Mühlhäuser.

That means that NFM is now in good hands and NFM equipment will continue getting full support from the new owner. Probably better support than NFM in turmoil of its previous owner in recent times. I would not get surprised if in NFM gets a bigger company that it ever was with the new owner Mühlhäuser.

Mühlhäuser had already taken over the marketing of NFM TBMs in Europe. For a European TBM company handing over its representativeship in its home market to another company shows that Mühlhäuser and NFM had already a strong cooperation as early as 2015:

Mühlhäuser press release on 13.11.2015:

Mühlhäuser Enters Tunnel Boring Machine Business

here is the new article about Mühlhäuser of Germany take-over of NFM:

Mühlhäuser takes over NFM

In my opinion, China's NHI let NFM go down, rather than paying for the costs of keeping a secondary brand alive and promoting it.

Unlike the hard-rock specialist Germany's Wirth that the Chinese CREG scooped up, NFM is just another run of the mill TBM producer. Chinese feel more confident with their own emerging brands nowadays and do not need foreign brands anymore unless they bring important technological know how which I doubt NFM did not really have. So the Chinese must have thought `why pay the pensions of NFM` and let it fall.

Now in the hands of Germans, I am sure that NFM will be in a much healthy and better state that it has ever been as a french company.

German takeover is a great news for the European industry.

I am not sure about Mühlhäuser's expertise over TBMs but it is great news for European TBM industry, or what is left of it really.

It is disheartening to see that every day another European company is taken over by Germany. Technological diversity is disappearing in Europe.

Thanks to this European Union, Germany is now the boss of the Europe.

Can somebody remind me what was the reason that Germany and other European countries had fought the last two World Wars?

This "German problem" has two faces. The first is that manufacturing in Europe is exceedingly monopolized in the hands of Germany. True. But also even more important is that, manufacturing is increasingly disappearing from Europe and going mainly to China.

Remember that NFM that the German company Muhlhouser took over was not really a French company. NFM was in the hands of a Chinese company. Although it had manufacturing presence in France, it could have gone easily to China soon or later. In fact, the only reason NFM's manufacturing did not FULLY go to China is that as someone was already pointing out here i think was because it was too expensive to pay for the pensions and other payments when you do so. Otherwise Chine would have closed down any factory in France long long time ago and moved things to China.

Look at it this way.

Well said Julian.

It is simply absurd even to suggest that it is Germany`s fault that Europe's manufacturing is moving to Germany. Actually it is not moving to Germany. It is moving to China. If Europe still has some manufacturing it should be thankful to Germans.

Just because Germans can still organize to manufacture things and make profit, hence continue having a manufacturing base, and because the French simply cannot manage it causing French companies -in this specific case NFM- taken over by Germans is not Germans` fault. Europe should be thankful to Germany.

I do not have to be a racist to say that I prefer Tunnel Boring Machines and other technological products produced in Europe, rather than in China or USA. Simply because, I benefit more and for no other reason.

Especially France is loosing its manufacturing base because it is very old-fashioned and inefficient. The reamaining French manufacturing (Airbus, Renault, Peugeot-Citroen, Alsthom etc) all rely on government subsidies. Basically European Union funds indirectly subsidy French inefficiency.

Thanks to Germans, Europe still has profitable manufacturing base.

French press says also after acquisition of NFM by the German company  Mühlhäuser the situation in NFM is not so good. The salaries of the worker are not paid on time and also suppliers not paid, TBM production is interrupted they claim:

https://tunnelcontact.com/discussion/view/2154/french-press-nfm-workers-in-temporary-strike-because-of-salary-payment-delays-by-new-owner-muhlhauser

@Abbas this is an eye-opener, just as everyone here was singing the "Now is NFM safe in the hands of Muhlhauser" song...

NFM was never bankrupt. But it owner NHI was bankrupt, or should i say "insolvent" to be politically correct?

Was somebody saying that NFM was in safe hands after Muhlhauser takeover?

Read this:

German tunneling company Mühlhäuser in insolvency and parts up for sale, it seems

https://tunnelcontact.com/discussion/view/2748/german-tunneling-company-muhlhauser-in-insolvency-and-parts-up-for-sale-it-seems

https://tunnelcontact.com/discussion/view/8426/rescue-for-insolvent-obermann-gmbh-a-subsidiary-of-also-insolvent-but-not-so-lucky-muhlhauser