The announcement was made by Tom Ortenberg, chief executive officer of Open Road Films, and Hoe-jin Ha, chief executive officer and president of Redrover Co.
"We couldn't be more thrilled about 'The Nut Job,'" Ortenberg said in a statement. "It has been a pleasure working with the teams at Redrover, ToonBox and Gulfstream and we are delighted to re-team with them for 'The Nut Job 2.'"
"We are very proud of what we have accomplished in Hollywood as an independent production company," said Ha. "Our compliments go out to ToonBox and Gulfstream for their endeavor in the co-production and to Open Road for their successful campaign and teamwork. We are looking forward to working with them on 'The Nut Job 2.'"