Warner Bros. Pictures International has snapped up Spanish and Latin American distribution rights to Guillermo del Toro’s upcoming horror/fantasy drama “Pan’s Labyrinth,” slated to shoot in Spain in July.

Pic is co produced by Spanish net Telecinco through its production arm Estudios Picasso and the new Spanish shingle OMM formed by del Toro, Alfonso Cuaron and Frida Torresblanco. Del Toro’s partner in Mexico City-based shingle Tequila Gang, Bertha Navarro, is also a co-producer in “Pan’s Labyrinth.” Estudios Picasso head Alvaro Augustin serves as executive producer.

Pic’s international sales agent Wild Bunch has been fielding offers since the pic’s presentation in Cannes on Sunday but plans to start sales at the AFM once they have more material to show, according to Wild Bunch topper Vincent Maraval. Warner acquired pic directly from its producers.

“In Guillermo, Alfonso, Sergi and Maribel we have four major talents in the world of Spanish-language cinema,” said Richard Fox, executive vice president, international, Warner Bros. “Guillermo has made a number of films that have been commercially and critically successful. We expect ‘Pan’s Labyrinth’ to join his list of cinematic successes,” he added.

The Spanish-lingo “Pan’s Labyrinth” stars Sergi Lopez, Maribel Verdu and Ariadna Gil in a story set during post-civil war Spain as seen through the eyes of a 13-year-old girl. Verdu and Gil starred in 1994 foreign language Oscar winner “Belle Epoque” by Fernando Trueba. Lopez’ credits include Stephen Frears’ “Dirty pretty things.”

Del Toro shot to international acclaim with his gothic Spanish-lingo pic “Cronos.” Like his long-time friend Cuaron, Del Toro shuttles between English-lingo and Spanish-lingo pics with ease. His English-lingo credits include “Hellboy,” “Blade II,” and “Mimic.” His Spanish-lingo pics include “The Devil’s Backbone” and “Geometria.” He’s been prepping “Hellboy 2” for Revolution Studios.

“Pan’s Labyrinth” continues Alfonso Cuaron’s association with Warner Bros. Pictures. He directed the studio’s 2004 blockbuster “Harry Potter and the Prisoner of Azkaban.” His producer credits include “The Assassination of Richard Nixon,” “Cronicas,” “The Devil’s Backbone” and “Y Tu Mama Tambien,” which he also directed to great critical acclaim.