Millcraft has completed the acquisition of Protective Packaging Products (P3), a Louisville, Kentucky-based distributor specializing in custom corrugated and protective packaging solutions for the automotive and broader industrial sectors. The deal was reported on October 15, 2026. The amount was not disclosed in the sources.
Founded in 2001, P3 brings specialized packaging expertise, value-added assembly services, inventory management capabilities, and rapid delivery solutions to the Millcraft business, according to the source.
P3's product range includes custom corrugated packaging, returnable packaging, polybags, polyfoam, bubble bags, and specialized assembly services. The source states that the acquisition enhances Millcraft's ability to serve automotive and industrial customers with specialized packaging requirements, and that P3's inventory management capabilities, customized packaging services, and responsive delivery model strengthen Millcraft's service offering.
P3 will continue operating as a separate entity from its existing facility, retaining its specialized processes, service model, and established customer relationships, the source states.
The source describes the transaction as an example of packaging distributors expanding their capabilities through strategic acquisitions, combining specialized product expertise with broader resources and market reach. It adds that for industrial customers, custom engineering, inventory availability, assembly services, and dependable delivery can play an important role in improving operational efficiency and protecting goods throughout the supply chain.