Tooth and Co.
Tooth and Co. was a historic Australian brewer whose Kent Brewery helped make it one of New South Wales's dominant beer companies.
Last updated August 26, 2026
Overview
Tooth and Co. was a major Australian brewing company headquartered in Sydney, New South Wales. Its origins date to 1835, when John Tooth and his brother-in-law Charles Newnham established the Kent Brewery at Blackwattle Bay. The enterprise began as a partnership and was incorporated as a company in 1888. Supported by the broader Tooth family's interests in banking, agriculture and property, the brewer survived the unstable commercial conditions of the late nineteenth century and developed into one of the most influential beer businesses in New South Wales. The company's principal asset was Kent Brewery, but its operations extended well beyond a single brewing site. Tooth acquired or operated maltings, breweries, hotel properties and beverage businesses, including Blue Bow Cordials, the Mittagong maltings, Resch's Limited and its Waverley Brewery, and the Maitland Brewing Company. In 1921 it also acquired the Newcastle-based Castlemaine Brewery and Wood Brothers Company. Its hotel estate gave Tooth an important route to market, since the company traditionally relied heavily on tied pubs and wholesale relationships with publicans. It later diversified into areas such as catering, refrigeration, wineries, motels, marinas and landholdings, although these ventures did not all become durable parts of the business. Tooth's historic portfolio included a broad range of beers. The Kent name was associated with KB Lager and Kent Old Brown, while the acquisition of Resch's brought Reschs Pilsner, Reschs Draught and related products into the company's family. The Resch's brands retained a distinctive New South Wales identity even after brewing operations moved between corporate owners and states. Tooth's trademark was based on a rampant white horse associated with Kent, the English county where John Tooth was born and where hops were historically cultivated. The emblem changed form during the twentieth century as the company attempted to modernise its visual identity. The company faced structural pressure from the rise of packaged takeaway beer, growing competition from interstate brewers and changes in the legal environment. Before 1974, informal territorial arrangements with interstate rivals and tied-house practices protected parts of Tooth's position. The Trade Practices Act 1974 made those arrangements unlawful, prompting Tooth to commission a major review by McKinsey & Company. Under the review and subsequent restructuring, Tooth invested in facilities, created the Bottle-Mart retail concept and pursued acquisitions outside its traditional brewing base. It also acquired Victoria's Courage Brewery in 1978 to improve access to the Victorian club and hospitality market. Despite these measures, Tooth's financial position weakened. The company attempted a reverse takeover of L. J. Hooker, partly to gain expertise in managing its substantial property holdings, but the proposal failed. In 1981, David Jones acquired a controlling interest in Tooth and Co. David Jones was then associated with the Adelaide Steamship Company, whose expansion strategy involved substantial borrowing. In 1983, Adelaide Steamship sold the brewing interests to Carlton & United Breweries, which subsequently used Kent Brewery to produce brands including Victoria Bitter, Foster's, Cascade Light and Stirling Light. The Tooth corporate shell remained entangled with other former Adelaide Steamship entities and was ultimately delisted from the ASX in February 2010. Kent Brewery closed in early 2005. Its former site at Chippendale was redeveloped as the Central Park precinct, while selected historic buildings, the brewery gate and chimney were retained or refurbished. Tooth's brewing heritage also influenced the later Australian craft-beer sector: former Tooth employees established breweries including Hahn Brewery and the Pumphouse Brewery. Some Tooth brewing museum material was donated to the Powerhouse Museum in Sydney. Although Tooth and Co. no longer operates as a…
History
Tooth and Co. began in Sydney in 1835, when John Tooth and Charles Newnham opened the Kent Brewery. John Tooth had emigrated to Australia in the early 1830s and had previously worked as a general merchant. The brewery was incorporated in 1888 and benefited from the Tooth family's wider commercial resources. Those resources helped the business withstand difficult economic conditions and expand its brewing, malting, hotel and property interests. Kent Brewery became the centre of the company. Tooth expanded through acquisitions, taking over the Maitland Brewing Company in 1913 and Resch's Limited and its Waverley Brewery in 1921. The same year it acquired the Castlemaine Brewery and Wood Brothers Company in Newcastle. The company also owned or controlled maltings at Mittagong and Carlton Street in Sydney, Blue Bow Cordials, numerous hotels and extensive land. Its business model depended strongly on supplying pubs and maintaining relationships with tied licensees. Tooth's expansion continued through diversification. It briefly held interests in the Courage Brewery in Victoria, operated a brewery near Lismore, and at different times owned or invested in businesses connected with Penfolds, motels, marinas, catering and refrigeration. In 1978 it acquired Courage Brewery in Victoria, seeking to strengthen its position in a market where clubs and other non-pub outlets were becoming more important. Tooth also created Bottle-Mart as a response to the growth of packaged beer sales. The company entered a period of strategic change after the Trade Practices Act 1974 prohibited practices that had previously helped protect regional brewing territories and tied outlets. Tooth commissioned McKinsey & Company to examine its operations. The resulting restructuring encouraged the use of outside specialists for non-core work, capital investment in brewing facilities and a series of acquisitions between 1975 and 1980. Tooth reconstructed brewing facilities at Irving Street in Sydney in 1975 and acquired Penfolds in the period from 1976 to 1982. The winery purchase was financed partly through tighter credit terms for hotel customers, illustrating the company's conservative approach to cash management. Tooth nevertheless struggled with competition and a vulnerable balance sheet. Its attempt to acquire L. J. Hooker through a reverse takeover failed. In 1981 David Jones obtained control, and in 1983 Adelaide Steamship Company sold the brewing operations to Carlton & United Breweries. CUB later used Kent Brewery for production of brands such as Victoria Bitter, Foster's, Cascade Light and Stirling Light. Tooth continued to exist in a residual corporate form alongside other former Adelaide Steamship entities, but its operating brewing business had effectively disappeared. Kent Brewery closed in 2005. The site was later redeveloped as Central Park in Chippendale, with several heritage elements retained or restored. Former Tooth personnel contributed to the growth of Australian boutique brewing, including through the establishment of Hahn Brewery and the Pumphouse Brewery. Brewing artifacts were donated to Sydney's Powerhouse Museum. Tooth and Co. was finally delisted from the ASX in February 2010. Its corporate history ended as an independent brewing story, but brands associated with Tooth and Resch's continued under successor ownership, particularly in New South Wales.
- 2010ASX delisting
Tooth and Co. was removed from the Australian Securities Exchange.
- 2005Kent Brewery closed
The historic Sydney brewery ceased operations and the site was subsequently redeveloped.
- 1983Brewing business sold to CUB
Carlton & United Breweries acquired Tooth's brewing interests.
- 1981Control passes to David Jones
David Jones acquired a controlling interest in Tooth and Co.
- 1978Courage Brewery acquired
Tooth purchased Courage Brewery in Victoria as part of an expansion beyond its traditional New South Wales base.
- 1974Trade Practices Act changes the market
Legal reforms ended territorial and tied-outlet practices that had supported regional brewing arrangements.
- 1921Resch's and Newcastle brewing interests acquired
Tooth acquired Resch's Limited and the Waverley Brewery, as well as the Castlemaine Brewery and Wood Brothers Company in Newcastle.
- 1913Maitland Brewing Company acquired
The company expanded its regional New South Wales brewing footprint.
- 1905Mittagong maltings acquired
Tooth expanded its production infrastructure by acquiring maltings at Mittagong.
- 1888Business incorporated
The original brewing partnership was incorporated as a company.
- 1835Kent Brewery established
John Tooth and Charles Newnham opened the Kent Brewery in Sydney, creating the foundation of Tooth and Co.
Products and positioning
A historic New South Wales brewer built around regional beer brands, tied hotels, brewing infrastructure and a strong Kent-derived heritage identity.
KB LagerBeer
A lager named after Kent Brewery and historically one of the best-known Tooth beers in New South Wales. Production later continued in limited form under Carlton & United Breweries, with availability shaped by regional demand and consumer campaigning.
Kent Old BrownBeer
A brown ale associated with the Kent brewing tradition. It developed a particular connection with the Newcastle market and was primarily encountered on tap rather than as a broadly distributed packaged product.
Reschs PilsnerBeer
A pilsner inherited through Tooth's acquisition of Resch's. The beer retained a strong New South Wales identity and continued to be sold after the corporate transition to Carlton & United Breweries, supported by its historic reputation and retro appeal.
Reschs DraughtBeer
The draught-oriented Reschs offering, distributed primarily in New South Wales. It remained a familiar pub beer associated with the Resch's name and the region's brewing culture.
Reschs Dinner AleBeer
A traditional Resch's ale historically known by the nickname “Dirty Annie.” After consumer advocacy and renewed demand, Carlton & United Breweries officially relaunched it in cans in April 2022.
Blue Bow CordialsSoft drinks
A non-alcoholic beverage business owned by Tooth and Co. Its later output included Blue Bow Lemonade, illustrating the company's diversification beyond brewing.
Flagship businesses
- KB Lager
- Kent Old Brown
- Reschs Pilsner
- Reschs Draught
- Reschs Dinner Ale
Marketing campaigns
- 2022Reschs Appreciation Society campaign
Australia · New South Wales
An online consumer campaign helped build pressure for the return of Reschs Dinner Ale. Some retailers released stock before the official date, followed by Carlton & United Breweries' formal launch in April 2022.
Outcome. Reschs Dinner Ale returned in cans under successor ownership.
Brand decisions
- 1983Sale of brewing interests to Carlton & United BreweriesM&A
Following David Jones's acquisition of control and Adelaide Steamship Company's highly leveraged expansion, Tooth's brewing operations were sold.
What changed. Carlton & United Breweries acquired the operating brewing interests and subsequently produced several brands at Kent Brewery.
Aftermath. Tooth ceased to operate as an independent major brewer, while selected brands continued under CUB ownership.
- 1978Acquisition of Courage Brewery in VictoriaM&A
Tooth was losing ground in Victoria because clubs and other outlets were supplied by Courage Brewery.
What changed. Tooth acquired the Victorian brewery to expand its regional reach and supply position.
Aftermath. The acquisition formed part of a broader diversification and expansion program that did not prevent the later sale of Tooth's brewing interests.
- 1974Commissioning of a McKinsey restructuring reviewStrategy
The Trade Practices Act 1974 removed territorial and tied-outlet practices that had historically supported Tooth's regional position.
What changed. Tooth appointed McKinsey & Company to review procedures and guide structural changes, diversification and greater use of external specialists.
Aftermath. The company invested in facilities and pursued acquisitions, but continued to face competitive and financial pressure.
Recent events
- 2022Reschs Dinner Ale officially relaunched
Carlton & United Breweries officially relaunched Reschs Dinner Ale after consumer campaigning and retailer activity surrounding the product's return.
Product launchCampaign - 2010Tooth and Co. delisted from the ASX
Tooth and Co. was delisted from the Australian Securities Exchange as the former Adelaide Steamship corporate structure was wound down.
Other - 2005Kent Brewery closes
Carlton & United Breweries closed the historic Kent Brewery in Chippendale and shifted New South Wales production to breweries in Queensland and Victoria.
Other - 1983Brewing interests sold to Carlton & United Breweries
Adelaide Steamship Company sold Tooth's brewing interests to Carlton & United Breweries, ending Tooth's independence as a major brewer.
M&A - 1981Tooth and Co. acquired by David Jones
David Jones acquired a controlling interest in Tooth and Co. during a period of corporate consolidation and pressure on the brewer's finances.
M&A
Sources
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