Eaton acquires COL Group to expand European power capabilities

The acquisition will expand Eaton's European power distribution capabilities and manufacturing footprint, enhancing its ability to support growing customer demand across 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 (pictured). “The acquisition will enhance our ability to support utility and data centre customers' increasing need for resilient, sustainable power infrastructure and integrated grid-to-chip power solutions.”

Under the terms of the agreement, Eaton will pay €810 million. COL Group has forecasted sales of €250 million for 2027.

COL Group is an industrial group with over a century of experience specialising in the development of electrical power distribution solutions. The company has approximately 400 employees and facilities in Turin, Milan, Bergamo, and Catania, Italy.

The transaction, which is subject to customary closing conditions and regulatory approvals, is expected to close in the first quarter of 2027.   

www.eaton.com