Beverage maker Cott to buy U.S. water, coffee provider for $1.25 bln

Thu Nov 6, 2014 7:26am EST
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Nov 6 (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.

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)