PetroChoice, which is backed by KRG Capital Partners, has acquired Anderson Lubricants from shareholder Steve King. Financial terms weren’t disclosed. King, who is Anderson’s CEO, and well as existing company management, will continue in their roles. PetroChoice, of Riddlesburg, Pa., is focused on buying lubricant distributors to expand its geographic footpritn and service offerings. Anderson, which distributes commercial and industrial ExxonMobil and private label products, will serve as the foundation for PetroChoice’s Midwest division.