Berkshire Hathaway expands Bending Spoons stake and insurance operations

Berkshire Hathaway has increased its investment in the Italian technology company Bending Spoons by an additional $330 million. This new capital injection brings Berkshire’s total stake in the Milan-based firm to 4%. Bending Spoons, which manages digital products such as WeTransfer, Vimeo, and Remini, previously received $600 million from Berkshire during its IPO.

In a separate strategic move, Berkshire Hathaway Specialty Insurance is expanding its operational footprint into Poland. Carsten Keune has been appointed as the Country Manager, overseeing responsibilities for Poland as well as Central and Eastern Europe.