French foreign sales house Flach Pyramide International has acquired The Sea, by 101 Reykjavik director Baltasar Kormakur.
The $2.4m comedic family drama tells the story of the owner of an Icelandic fishery who decides to step down. Produced by Jean-Francois Fonlupt's Emotion Pictures and co-produced by Kormakur's own Blue Eye Production, The Sea is in post-production and is expected to be ready for Cannes.
Also hot on Flach Pyramide's slate is Se Souvenir Des Belles Choses, a first film by actress Zabou Breitman. The romantic drama opened last week in France to good reviews and chalked up a healthy 110,000 admissions in its first week on only 141 prints.
The title also created a strong buzz at the Paris screenings, where it sold to four territories including Italy, Belgium and Canada.