Canada’s Cott Corp to buy juice maker Cliffstar

Canadian soft drink maker Cott Corp. is buying private-label juice maker Cliffstar Corp. for $500 million in cash, to expand its portfolio of beverages.

Cliffstar is the largest private-label maker of apple juice, grape juice, cranberry juice and juice-blends in North America. The company has about $654 million in 12-month revenue and operates 11 facilities in the U.S. with about 1,200 total employees.