The film will be co-directed and written by Fabio Guaglione and Fabio Resinaro.
Safran will produce through the Safran Company which will also finance the project. Hammer will exec produce with Joan Mao co-producing.
Production is set to start this fall. WME is co-repping the sale with Safran which the two selling international rights at next month's Cannes Film Festival.
Hammer was last seen in Disney's "The Lone Ranger" and can be seen next in Warner Bros. "The Man From U.N.C.L.E." alongside Henry Cavill. He is repped by WME.
Gauglione and Resinaro gained attention with their short "Afterville" which won accolades in numerous festivals including best short film at the Sitges Film Festival. Safran has a handful of films in the works including the New Line thriller "Crawlspace" and "Annabelle."
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