Omnicom Group Inc. (NYSE:OMC) agreed to acquire Oliver Schrott Kommunikation GmbH on September 20, 2021. OSK will operate as a stand-alone brand within Omnicom Public Relations Group, the collective of top global public relations and specialist agencies within Omnicom. Following the closing of the acquisition, OSK will continue to be led by President and Chief Executive Officer, Oliver Schrott. The transaction is subject to finalization of a definitive agreement and customary closing conditions. The transaction is expected to close in the fourth quarter of 2021.