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Suma Capital Acquires 40% Stake in Spanish Distributor A Contracorriente - variety.com - Spain
variety.com
18.06.2021

Suma Capital Acquires 40% Stake in Spanish Distributor A Contracorriente

Emiliano De Pablos Barcelona-based private investment fund Suma Capital has taken a 40% stake in Adolfo Blanco’s A Contracorriente Films, aimed to boost the Spanish distributor’s movie acquisition capacity, to transform it into one of Europe’s leading indie distribution houses.Estimated at about €15 million ($17.9 million), the investment combines a capital increase with the purchase of shares from some minority partners.Under siblings Adolfo Blanco, CEO, and Amalia Blanco, president, A

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