Beverage distributor Cott Corp. (NYSE: COT) agreed to buy coffee machine provider Eden Springs from Rhone Capital and management for $525 million. The acquisition is part of Cott’s diversification strategy while it expands the company’s presence in Europe.

Cott produces private label beverages including: soft drinks, waters, juices and sports drinks. The company distributes to 60 percent commerical customers and 40 percent residential.

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