Using pd.concat:
df1.set_index('Col1',inplace=True)
df2.set_index('Col1',inplace=True)
df3.set_index('Col1',inplace=True)
df = pd.concat([df1,df2,df3],axis=1,sort=False).reset_index()
df.rename(columns = {'index':'Col1'})
Col1 Col2 Col3 Col4 Col5 Col6 Col7
0 data1 3 4 7.0 4.0 NaN NaN
1 data2 4 3 6.0 9.0 5.0 8.0
2 data3 2 3 1.0 4.0 2.0 7.0
3 data4 2 4 NaN NaN NaN NaN
4 data5 1 4 NaN NaN 5.0 3.0