Eaton agrees to acquire COL Group for enterprise value of €810 million

• 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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Eaton Corporation plc published the original content used to generate this news brief via Business Wire (Ref. ID: 202609250645BIZWIRE_USPR_____20260924_BW967260) on September 25, 2026, and is solely responsible for the information contained therein.