Read this article in 中文 Français Deutsch Italiano Português Español
Stellar acquires fuel and lube equipment manufacturer
05 November 2024
Stellar Industries – a manufacturer of service trucks, cranes, hooklifts, trailers and transit accessories – of Iowa, US, said it acquired Ohio, US-based Elliott Machine Works (Elliott), a manufacturing firm that specialises in fuel and lube equipment for service vehicles.
Elliott’s portfolio also includes fuel trucks, lube trucks, water trucks, lube skids, vacuum tanks and other mobile service equipment.
Stellar President Dave Zrostlik said, “By incorporating fuel trucks and lube trucks into our existing line of service trucks, we can now serve a broader mission, reach more customers and meet their needs even better by filling gaps in our offerings.”
Stellar said the Elliott main office and facility will remain in Ohio.
Brent and Brad Ekin, owners of Elliott Machine Works, remarked, “Stellar’s strong distribution network will allow our exceptional products to reach more customers, and we are especially happy that Stellar’s employee-owned structure means our employees will continue to thrive under new ownership.”
A value for the acquisition was not announced.
STAY CONNECTED
Receive the information you need when you need it through our world-leading magazines, newsletters and daily briefings.
CONNECT WITH THE TEAM
