Cobalt(II) acetate is the cobalt salt of acetic acid. It is commonly found as the tetrahydrate Co(CH3CO2)2·4 H2O, abbreviated Co(OAc)2·4 H2O. It is used as a catalyst. Cobalt(II) acetate is the cobalt salt of acetic acid. It is commonly found as the tetrahydrate Co(CH3CO2)2·4 H2O, abbreviated Co(OAc)2·4 H2O. It is used as a catalyst.