AG Barr, the UK-based soft drinks firm, has announced the acquisition of soft drinks brand Rio from independent brewer Hall and Woodhouse in a deal worth £12.3 million ($15 million). The acquisition will complement AG Barr’s current portfolio, which includes brands such as Irn-Bru, Boost, Funkin, and Rubicon. The Rio brand has been marketed, sold and distributed on an exclusive licence basis by AG Barr’s recently-acquired Boost Drinks division since …