K-Tron Is Sold

Hillenbrand, Inc., Batesville, Ind., the holding company for Batesville Casket Co., a leader in funeral services products, has signed a definitive agreement to acquire K-Tron International, Pitman, N.J.

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Hillenbrand, Inc., Batesville, Ind., the holding company for Batesville Casket Co., a leader in funeral services products, has signed a definitive agreement to acquire K-Tron International, Pitman, N.J. A well-known maker of materials-handling equipment, K-Tron will operate as a wholly owned subsidiary of Hillenbrand.