European production and sales studio Vuelta Group has acquired a minority stake in Italian distribution and international sales company PiperFilm.
The new international partnership is in addition to the investment by Be Water Film, and follows commercial agreements for PiperFilm with Netflix, Warner Bros. Entertainment Italia, and Eagle Entertainments.
“Following on from Be Water Film’s initial investment, this partnership with Vuelta constitutes a further fundamental step in the growth of PiperFilm,” said PiperFilm CEO, Massimiliano Orfei.
“Vuelta is one of the most innovative players on the European film distribution market and I am particularly happy and proud that Jerome Levy, to whom I extend my thanks, has seen the ambition of PiperFilm and its team and the potential for development, collaboration, and value creation”.
Former Vision Distribution managing director Orfei launched PiperFilm in 2024, kicking off with Paolo Sorrentino’s Parthenope as its first acquisition.
Pan-European studio Vuelta brings together a network of distribution and production companies, including Pan in France, SquareOne/Telepool in Germany, WW Entertainment in Benelux, Indiana Production in Italy, Scanbox Entertainment in Scandinavia, as well as the Paris-based international sales division, Playtime.
“We are thrilled to partner with Piper and its talented management team. Their reach with leading local producers makes it the right partner to fulfil Vuelta’s ambition to be a pan European distributor of local content,” said Vuelta Chairman Levy.