HomeTech NewsBig TechBerkshire Hathaway Invests a Further $330 Million in Bending Spoons, Taking Its...

Berkshire Hathaway Invests a Further $330 Million in Bending Spoons, Taking Its Stake to 4%

Berkshire Hathaway has agreed to invest about $330 million more in Bending Spoons, the Italian company that buys and runs digital businesses such as Evernote, Vimeo, WeTransfer and Eventbrite.

According to a Bending Spoons release and a Form 6-K filing with the US Securities and Exchange Commission (SEC) on 14 October 2026, Berkshire will buy 10 million new ordinary shares at $33.00 each in a private placement, a sale of shares directly to one investor rather than on the open market. Bending Spoons said the deal brings Berkshire’s ownership to 4%, following a $600 million investment at the company’s stock-market listing.

The deal is binding but has not closed yet. The filing says it is expected to close in the fourth quarter of 2026, subject to customary closing conditions. Proceeds will be “approximately $330 million, before deducting offering expenses”.

What the money is for

Bending Spoons said it will use the money “for general corporate purposes and to invest in new acquisitions”. Buying companies is its core business: it says it acquires digital businesses, overhauls them, and reinvests the earnings in more acquisitions.

“Bending Spoons continuously evaluates M&A opportunities, and our pipeline remains strong,” said co-founder Francesco Patarnello, its head of business acquisitions.

“For decades now, Berkshire Hathaway has been among the finest and most respected capital allocators in the world, and is a longstanding inspiration for Bending Spoons,” said chief executive and co-founder Luca Ferrari.

What this means

  • A vote of confidence from Berkshire. It is adding to a stake it took at the listing.
  • More buying power. Bending Spoons has more cash for acquisitions.
  • Not done yet. The deal is expected to close in the fourth quarter.

Sources

  1. Bending Spoons, “Berkshire Hathaway invests further $330 million in Bending Spoons following $600 million IPO investment”, 14 October 2026. https://investors.bendingspoons.com/newsroom/berkshire-hathaway-invests-further-in-bending-spoons
  2. Bending Spoons S.p.A., Form 6-K filed with the SEC, 14 October 2026. https://www.sec.gov/Archives/edgar/data/2004711/000200471126000018/bsp-20261014x6k.htm

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