Braemar Plc (LSE:BMS) is looking for M&A. James Gundy, Group Chief Executive Officer statement added that "We have a deeply experienced leadership team that knows this industry inside and out, and a strong balance sheet that is built for growth. Together they are enabling us to be a platform for consolidation in the fragmented shipbroking market, and we expect to continue diversification within shipbroking, in addition to growing organically and through M&A".