COL Group, a privately owned company headquartered in China, founded in 2000, employs approximately 110 individuals. Functioning as a tier 1 media tech buyer, the company's primary business focuses on digital content and publishing, managing a library of over 5.6 million digital works from 4.5 million online authors through platforms such as 17K.com. Its key services involve the development and distribution of this content, with expertise in IP (Intellectual Property) management, adapting literary IPs into derivative content including audiobooks, short-form dramas, animation, and feature films. Additionally, COL Group operates a copyright protection division utilizing blockchain technology and has expanded internationally with a US-based studio for film/TV investment and a Singapore hub for international IP development and Web3 incubation.
On October 2, 2026, Eaton detailed COL Group, an Italian developer of medium-voltage switchgear free of SF₆ grid automation technology and modular power systems. COL Group employs approximately 400 people, operates facilities in Turin, Milan, Bergamo, and Catania, and forecasts EUR 250 million in sales for 2027. Previously, on September 30, Eaton signed an agreement to acquire COL Group from Oaktree Private Equity, identifying it as a leader in medium-voltage electrical distribution solutions. This followed Eaton's agreement on September 29 to purchase COL Group for EUR 810 million. The acquisition adds a medium-voltage electrical distribution business to Eaton's European operations, expands its manufacturing presence in Italy, and enhances its data center power business by providing medium-voltage switchgear and European manufacturing capacity, which is expected to address the safe distribution of electricity at new facilities.
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