Strategy
Eaton to Buy Italy's COL Group for 810 Million Euros to Expand European Power-Distribution Manufacturing
The Oaktree-owned maker of SF6-free medium-voltage switchgear is forecast to generate 250 million euros of revenue in 2027 and employs about 400 people across four Italian sites.
AF
By Anna Ferreira
Sep 25, 2026 · 10 min read
Eaton Corp. plc (NYSE: ETN) said Friday morning that it has signed an agreement to acquire COL Group, an Italian medium-voltage electrical distribution manufacturer, at an enterprise value of 810 million euros. The release carried a timestamp of 6:45 a.m. Eastern on Sept. 25. The seller is Oaktree's Power Opportunities strategy.
Discussion (0)
Sign in to join the discussion.
Loading comments…
AF
Anna Ferreira
Senior Correspondent, Corporate Strategy
Anna Ferreira writes for Corporate Insider Inc.