Stellar Industries entered into a definitive agreement to acquire Elliott Equipment Co., a manufacturer of truck-mounted aerial work platforms, digger derricks and cranes serving the utility infrastructure, municipal, construction and sign and lighting markets. The transaction is expected to be completed in the first quarter of 2026, pending customary closing conditions.
This acquisition strengthens Stellar’s long-term growth strategy by expanding its lifting equipment and work-at-height solutions, growing its presence across core vocational markets and creating more opportunities for distributors, customers and employee-owners.
Elliott Equipment, founded in 1948, pioneered the first truck-mounted telescoping aerial platform and continues to design industry-leading equipment for utility transmission, commercial construction, municipal services and fleet maintenance applications.
“Stellar has always pursued growth opportunities that align with our culture, vision and commitment to excellence,” said Dave Zrostlik, president of Stellar. “The addition of Elliott Equipment Co. represents an exciting step forward as we continue to build upon our shared values of quality, innovation and customer service. We’re proud to welcome Elliott to the Stellar team.”
Following the close of the transaction, Elliott Equipment will operate as a distinct business unit of Stellar, maintaining its current employees, facilities, brand identity and dealer relationships in Omaha, Neb. Jim Glazer, president of Elliott Equipment Company, will continue to lead the organization.
“We are thrilled to continue the Elliott Equipment Co. story with Stellar,” said Glazer. “This acquisition represents a strong cultural fit between two organizations that share a commitment to people, product integrity and long-term growth.”
Stellar’s 100% employee-owned structure links employee success directly with company performance. Through the ESOP, employee-owners share in the organization’s long-term growth, reinforcing a culture of collaboration, innovation and accountability.
With the addition of Elliott, Stellar will widen its capabilities in aerial work platforms, utility lifting solutions and material-handling technologies, enabling both companies to better serve existing customers and pursue new opportunities in adjacent markets. Both organizations remain committed to U.S. manufacturing, exceptional service and industry-leading engineering.
