Eaton to Acquire COL Giovanni Paolo for €810 Million

Key Facts

1Eaton Corporation plc agreed to acquire COL Giovanni Paolo S.P.A. from Oaktree Capital Management.

2The transaction has an enterprise value of €810 million and is expected to close in Q1 2027.

Eaton Corporation plc agreed to acquire COL Giovanni Paolo S.P.A. from Oaktree Capital Management. Reuters reported that the transaction has an enterprise value of €810 million and is expected to close in the first quarter of 2027.

The acquisition is currently subject to customary closing conditions and regulatory approvals. ETN closed at $439.98 on September 25, 2026, as the company aims to expand its portfolio within its core industrial segments through this deal.