Eaton to Buy Italy COL Group for 810 Million Euros
Power management company Eaton has agreed to acquire Italy-based COL Group from Oaktree Capital Management for 810 million euros. The deal aims to expand European manufacturing capacity to meet rising demand from data centers.
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EATON CORP PLC agreed to acquire Italy-based COL Group for an enterprise value of €810 million ($923.16 million) to expand its European manufacturing capacity. The deal scales Eaton's footprint as grid demands accelerate across the continent. Ireland-domiciled Eaton targets broader access to regional data center supply chains.
