New European Super-Indie Vuelta Group Acquires ‘Lubo’ Outfit Indiana, ‘Largo Winch’ Producer, Distributor Pan (EXCLUSIVE)

variety.com:

Elsa Keslassy International Correspondent Vuelta Group, the rising Paris-based European film studio which recently launched with the high profile acquisitions of France’s Playtime, Germany’s SquareOne and Scandinavia’s Scanbox, is expanding its footprint in Italy and France.

Spearheaded by media finance veterans (and childhood friends) Jerome Levy and David Atlan-Jackson, Vuelta has bought Indiana Production, a leading Italian company founded by Benedetto Habib and Marco Cohen, which had Giorgio Diritti’s “Lubo” playing in competition Venice and just revealed its big-budget Netflix series project “The Leopard” and Sky’s “Unwanted.” Vuelta has also taken a stake in France’s Pan (formerly called Pan-Europeenne), the well-established production and distribution banner headed by Nathalie Gastaldo, Philippe Godeau and Camille Gentet, whose credits include the hit franchises “Largo Winch” and “Legendaries.” Vuelta Group bowed last year with more $100 million provided by a U.S.

private equity firm and has now diversified its backing through its European partners. At a time of massive consolidation throughout the European film and TV industries, Vuelta isn’t looking to follow the acquisition model of other French media groups such as Banijay, Newen, Mediawan and Federation.

Instead of buying out multiple production companies across many territories, Vuelta Group will operate as an integrated studio boasting production, distribution and international units through its several companies.