Stellar to Acquire Elliott Equipment Company

Stellar Industries has entered into a definitive agreement to acquire Elliott Equipment Company, expanding its lifting equipment and work-at-height product offerings. The agreement was announced on December 1, 2025, from Garner, Iowa. The transaction is expected to close in the first quarter of 2026, subject to customary closing conditions.

Elliott Equipment Company is a U.S. manufacturer of truck-mounted aerial work platforms, digger derricks and cranes serving utility infrastructure, municipal, construction and sign and lighting markets. Founded in 1948, Elliott pioneered the first truck-mounted telescoping aerial platform.

“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 Company 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 Company will operate as a distinct business unit of Stellar and will maintain its current employees, facilities, brand identity and dealer relationships in Omaha, Nebraska. Jim Glazer, president of Elliott Equipment Company, will continue to lead the organization.

“We are thrilled to continue the Elliott Equipment Company 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 operates as a 100% employee-owned company through an employee stock ownership plan (ESOP). With the addition of Elliott, Stellar will expand its capabilities in aerial work platforms, utility lifting solutions and material-handling technologies.