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On September 25, Eaton Corporation plc (NYSE:ETN) announced an agreement to acquire Italy-based COL Group from Oaktree’s Power Opportunities strategy for an enterprise value of €810 million. COL Group specializes in medium-voltage electrical power distribution solutions, including SF6-free switchgear, grid automation technologies, and modular power systems. Operating four Italian manufacturing facilities with roughly 400 employees, […]
Eaton Corporation plc (NYSE:ETN) is expanding its European power-distribution business through the acquisition of COL Group, adding medium-voltage technology and manufacturing capacity to serve growing data center and utility demand. Eaton agreed to acquire COL Group from Oaktree’s Power Opportunities strategy for an enterprise value of 810 million euros (~$921.32 million). With COL Group forecasting 250 million euros in 2027 sales, the deal implies an enterprise value-to-2027-sales multiple of
DUBLIN, September 25, 2026--Intelligent power management company Eaton (NYSE:ETN) today announced it has signed an agreement to acquire COL Group from Oaktree’s Power Opportunities strategy. COL Group is a leader in medium-voltage electrical distribution solutions, including SF₆-free switchgear, grid automation technologies and modular power systems. The acquisition will expand Eaton's European power distribution capabilities and manufacturing footprint, enhancing its ability to support growing
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