Millcraft, an independent, fourth-generation, family-owned merchant serving the paper, packaging and graphic arts industries, has completed the acquisition of Protective Packaging Products (P3), a Louisville, KY-based value-added custom corrugated and protective packaging distributor primarily serving the automotive and broader industrial markets.
Founded in 2001, P3 has built a strong reputation for delivering customized packaging solutions backed by responsive customer service, proprietary inventory management capabilities, value-added assembly and rapid delivery. The acquisition represents another strategic step in Millcraft’s continued investment in its growing packaging business and expands the company’s ability to provide specialized, value-added solutions to customers.
“P3 is a natural fit for Millcraft and where we see our packaging business going,” said Travis Mlakar, CEO, Millcraft. “They have built their business around exceptional service, reliability and finding ways to make their customers’ operations easier. Those values align extremely well with how we approach our own customer relationships. By welcoming P3 to the Millcraft family of companies, we have an opportunity to build on what their team has created while bringing additional resources and capabilities to support future growth.”
“Since founding P3, our focus has always been on helping customers solve challenges through responsive service, quality solutions and a commitment to doing what we say we will do,” said Robert Head, co-owner, P3. “As we looked toward the future, it was important to find a partner that shares those values and would continue building on the culture and customer relationships that have made P3 successful. We believe Millcraft is that partner, and we’re excited about the opportunities this creates for our employees, customers and suppliers.”
“Millcraft’s family-owned culture, customer-first mindset and long-term approach to business made this a natural fit for P3,” said Anne Sizemore, co-owner, P3. “This partnership strengthens our ability to serve customers while preserving the qualities that have defined P3 for more than two decades. By combining our expertise in protective packaging with Millcraft’s resources and market reach, we see tremendous potential for growth and continued innovation.”
P3 offers a broad range of protective packaging products and services, including custom corrugated packaging, returnables, polybags, polyfoam and bubble bags, along with specialized assembly solutions.
Following the acquisition, P3 will continue to operate as its own entity from its existing facility, maintaining the specialized processes, service model, and customer relationships that have contributed to its success.