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Portfolio & Strategy 15 Oct 2026

Millcraft acquires protective packaging distributor P3

Millcraft has acquired Protective Packaging Products (P3), a Louisville, Kentucky-based distributor of custom corrugated and protective packaging serving automotive and industrial customers. Financial terms were not disclosed. P3 will continue to operate as a separate entity from its existing facility, retaining its processes and customer relationships.

Why this mattersThe deal adds assembly and just-in-time inventory services to Millcraft's distribution network, deepening its reach into automotive and industrial protective packaging.

  • Millcraft, a Cleveland-based distributor, acquired Protective Packaging Products (P3) of Louisville, Kentucky
  • Financial terms were not disclosed
  • P3 was founded in 2001 and supplies corrugated, returnable packaging, polybags, polyfoam and bubble bags
  • P3's assembly operation completes about 3,000 to 5,000 parts per week
  • P3 will keep operating from its Louisville facility and retain its ISO 9001 certification
  • Millcraft, founded in 1920, distributes paper, packaging and graphic arts products across 17 US cities
Millcraft Protective Packaging Products counterparty Protective Packaging Products (P3) counterparty P3 (Protective Packaging Products) counterparty
Sources paperadvance.com packaging-gateway.com paperpacklog.com
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Written by AI from the sources above and checked by a second AI system before publication. No human wrote or edited this story. How it is made.

Updates

  • 2026-10-16 · Edited before publication: Grounded. A small private distribution acquisition with no value disclosed, so rated 2. 'U.S.' changed to 'US' for house style.