Stellar Industries has announced a definitive agreement to acquire Elliott Equipment Company. The announcement was made 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 manufactures truck-mounted aerial work platforms, digger derricks and cranes that serve utility infrastructure, municipal, construction and sign and lighting markets. Founded in 1948, Elliott developed 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.”
Once the transaction is finalized, Elliott Equipment Company will continue to operate as a distinct business unit under Stellar, retaining its employees, facilities, brand identity and dealer relationships in Omaha, Nebraska. Jim Glazer will remain as president of Elliott Equipment Company.
“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 ESOP structure. Following the acquisition, Stellar will broaden its capabilities in aerial work platforms, utility lifting solutions and material-handling technologies across its vocational markets.
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