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.
Regulatory hurdles in the United Kingdom and France were overcome, leading to the acquisition of Marine Harvest by Pan Fish by the end of 2006. To facilitate the merger's completion, a deal was struck with regulatory authorities regarding the sale of the former Pan Fish Scotland division. Following an initial agreement to sell the unit to Norskott Havbruk, owners of rival company Scottish Sea Farms, this deal fell through in July 2007. Subsequently, Pan Fish Scotland was spun off into a separate publicly traded entity, Lighthouse Caledonia, by November 2007.