Eaton agrees to acquire COL Group for enterprise value of €810 million
Bitget2026/09/25 10:45- Eaton agreed to buy Italy-based COL Group from Oaktree for an enterprise value of €810 million.
- Deal expands Eaton’s medium-voltage power distribution manufacturing footprint in Europe, targeting rising data center and utility demand.
- COL Group makes SF₆-free switchgear, grid automation technology, and modular power systems.
- Transaction is expected to close in the first quarter of 2027, subject to customary closing conditions and approvals.
- COL Group forecast 2027 sales of €250 million; workforce about 400.
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