Stellar Announces Acquisition of Elliott Equipment Company

Stellar Industries recently announced it has entered into a definitive agreement to acquire Elliott Equipment Company, 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 close in the first quarter of 2026, subject to customary closing conditions.

This acquisition strengthens Stellar’s long-term growth strategy by expanding its lifting equipment and work-at-height solutions, widening its presence across core vocational markets and creating additional opportunities for distributors, customers and employee-owners.

Following the close of the transaction, Elliott Equipment Company will operate as a distinct business unit of Stellar, maintaining 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.

Stellar’s 100% employee-owned structure aligns 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.

Looking Ahead
With the addition of Elliott, Stellar will broaden 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.

Source: Stellar Industries

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