Beverage maker Cott to buy U.S. water, coffee provider for $1.25 billion
(Reuters) - Canadian beverage maker Cott Corp said it would buy DSS Group Inc, parent of U.S. direct-to-consumer water and coffee provider DS Services of America Inc, for $1.25 billion (785 million pounds).
Cott said it expects the deal to provide cost and revenue synergies of about $25 million a year by the end of 2017.
(Reporting By Shubhankar Chakravorty in Bangalore; Editing by Don Sebastian)