With regulatory hurdles in the United Kingdom and France cleared, the Marine Harvest group was brought under the control of Pan Fish by the end of 2006. To allow the merger to go ahead, the sale of the former Pan Fish Scotland division was agreed with the regulatory authorities. After an initial deal to sell the unit to Norskott Havbruk, owners of rival company Scottish Sea Farms, was called off in July 2007, Pan Fish Scotland was spun off into a separate publicly traded entity, Lighthouse Caledonia, that November.
The acquisition of Marine Harvest by Pan Fish was completed after regulatory approvals were granted in the UK and France. To ensure the merger's success, the sale of the former Pan Fish Scotland division to regulatory authorities was agreed upon. A deal with Norskott Havbruk, owners of Scottish Sea Farms, to sell the unit fell through.  Pan Fish Scotland was then spun off into a separate publicly traded company, Lighthouse Caledonia.