Eaton acquires COL Group for an enterprise value of 810 million euros
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Eaton announced on September 25, 2026, that it has signed an agreement to acquire COL Group, an Italian industrial group specializing in the development of electrical power distribution solutions, from Oaktree's Power Opportunities strategy for an enterprise value of 810 million euros. COL Group has projected revenues of 250 million euros for 2027, Eaton stated in the announcement. The transaction is subject to customary closing conditions and regulatory approvals and is expected to be finalized in the first quarter of 2027.Eaton stated that the acquisition will expand its power distribution capabilities in Europe and its industrial footprint, thereby strengthening its ability to meet growing customer demand in the data center and utility markets. "COL Group brings complementary technologies, manufacturing capabilities, and engineering expertise that will further strengthen Eaton's European power distribution platform," said Omar Zaire, President, EMEA Region, Corporate and Electrical Sector, Eaton. Zaire indicated that the acquisition will enhance the company's ability to support the growing needs of utility and data center customers for resilient, sustainable power infrastructures and integrated grid-to-chip power solutions.COL Group has over a century of experience in electrical power distribution, with approximately 400 employees and locations in Turin, Milan, Bergamo...
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