Tod‘s SpA’s founding family, partnering with L Catterton, is making a 1.4 billion euros ($1.54 billion) bid to take the luxury brand private, supported by LVMH. L Catterton‘s offer of 43 euros ($47.3) per share, an 18 percent premium, aims to revitalize Tod‘s amid industry shifts. The Della Valle brothers plan to retain 54 percent ownership, with L Catterton acquiring a 36 percent stake for 512 million euros ($563.2 million) and LVMH maintaining 10 percent. This move, emphasizing agility and growth, includes brands like Roger Vivier and Hogan and deepens ties between Tod’s and LVMH. The delisting could allow Tod‘s to invest heavily in promoting its brands while cleaning up distribution away from the scrutiny of public markets. Following the announcement, Tod's shares surged 18.37 percent on Monday.