Oaktree agrees to sell COL Group to Eaton
Type: Sale · Technology: Industrial · Country: Italy · Value: EUR 810M · Announced: 2026-09-25
Oaktree agreed to sell COL Group to Eaton for €810m on 2026-09-25. COL Group, founded in 1920 near Turin, operates four production sites in Italy and employs more than 400 people. The transaction transfers an Italian power-equipment and industrial manufacturing platform from Oaktree to Eaton, reinforcing Eaton's footprint in Italy and its industrial product portfolio. The deal value is €810 million and involves COL's four production facilities across Italy. No financing, advisory, capacity or closing-date details were provided in the article.
Analysis
Oaktree agreed to sell COL Group to Eaton for €810 million on 25 September 2026, transferring four Italian production sites and a workforce of more than 400 employees. COL Group was founded in 1920 near Turin and operates four manufacturing facilities in Italy. Eaton, headquartered in Dublin, Ireland, employs approximately 94,000 people and reported 2023 revenues of $23.2 billion. The announcement did not disclose financing, advisory, capacity, or closing‑date details. No additional contractual terms were provided in the release.
Key points
- Deal announced on 25 September 2026
- Sale price of €810 million
- COL Group operates four production sites in Italy
- COL Group employs more than 400 staff
- Eaton reported 2023 revenues of $23.2 billion
Counterparties
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