Stellar Industries to Acquire Elliott Equipment Co.
Stellar Industries, a 100-percent employee-owned and -operated manufacturer of work trucks, trailers and service truck and van accessories, has entered into a definitive agreement to acquire Elliott Equipment Co., a U.S. 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.
Founded in 1948, Elliott Equipment Co. 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 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 Co. 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 Co., 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.”
Employee Ownership and Long-Term Vision
Stellar’s 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.
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.
For more information, visit stellarindustries.com.
About the Author
Michael Roth
Editor
Michael Roth has covered the equipment rental industry full time for RER since 1989 and has served as the magazine’s editor in chief since 1994. He has nearly 30 years experience as a professional journalist. Roth has visited hundreds of rental centers and industry manufacturers, written hundreds of feature stories for RER and thousands of news stories for the magazine and its electronic newsletter RER Reports. Roth has interviewed leading executives for most of the industry’s largest rental companies and manufacturers as well as hundreds of smaller independent companies. He has visited with and reported on rental companies and manufacturers in Europe, Central America and Asia as well as Mexico, Canada and the United States. Roth was co-founder of RER Reports, the industry’s first weekly newsletter, which began as a fax newsletter in 1996, and later became an online newsletter. Roth has spoken at conventions sponsored by the American Rental Association, Associated Equipment Distributors, California Rental Association and other industry events and has spoken before industry groups in several countries. He lives and works in Los Angeles when he’s not traveling to cover industry events.