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STELLAR ACQUIRES ELLIOTT EQUIPMENT COMPANY

Stellar Industries announce it has entered into a definitive agreement to acquire Elliott Equipment Company. The transaction is expected to close in the first quarter of 2026, subject to customary closing conditions.

Founded in 1948, Elliott Equipment Company pioneered the first truck-mounted telescoping aerial platform and continues to design equipment for utility transmission, commercial construction, municipal services and fleet maintenance applications.

Following the closure 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.

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. 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.

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