Leading art-house film seller World Sales Christa Saredi and Germany's Pandora Films are to set up a new outfit Orfeo Films International.
The two firms have a long history of co-operation and now hope to assemble a wider range of art-house productions.
Orfeo will be based in Cologne, but Saredi will remain based in Zurich. A further sales executive is expected to join in the next few weeks.
"All films in which Pandora are the majority producers will be sold by Orfeo," said Pandora co-chief Reinhard Brundig. "We have been looking for a long time for a way to keep valuable rights in house in order to maintain a sounder financial basis."
Saredi's recent sales responsibilities include Festen and Breaking The Waves and this year's Un Certain Regard title Such Is Life (Asi Es La Vida) by Arturo Ripstein. Pandora's recent credits include Amos Kollek's Fast Food Fast Women and Luna Papa.