FM Rail

FM Rail

FM Rail Limited was a railway spot-hire and charter company based at Derby, United Kingdom. The company was formed in January 2005 following the merging of spot-hire company Fragonset Railways Limited with charter train operating company Merlin Rail Limited. By December 2006 the company was recognised as being insolvent, an Administrator was appointed, the company broken up and the parts either sold or closed down, but many of those previously employed by FM Rail reappeared in 'new' companies, Rail Vehicle Engineering Limited (RVEL), Mainline Rail and Victa Westlink. The latter two have, like FM Rail, ceased trading. Former FM Rail Chairman Martin Sargent is now Managing Director of Nemesis Rail. In summer 2012, his Linked In profile did not mention his former links.