Resch's Limited was established by Edmund Resch in 1897 when he purchased Allt's Brewery & Wine & Spirit Company. Installed by the company's creditors to manage Allt's, Resch decided to purchase Allt's Waverley Brewery (formerly the Adelaide Brewery). In 1900 Resch purchased the plant and stock of the New South Wales Lager Bier Brewing Company and his wife Caroline purchased a large property in Dowling Street, Waterloo. He closed the old Allt's Waverley Brewery in 1900. In January 1901 Resch centralised his brewing interest at the Dowling Street site and renamed it Waverley Brewery. The firm was incorporated in July 1906. Following Resch's death in 1923, his sons Edmund (Jnr) and Arnold continued to manage the company until it went into voluntary liquidation on 31 July 1929, selling their brewing interests to Tooth & Co. Tooth & Co purchased the Resch trademarks in 1930 and continued to produce "Resch's Beer". Brewing continued at the Dowling Street site until it was closed by Tooth & Co in the 1980s.

In 1835 John Tooth, who had arrived in New South Wales in 1828, and Charles Newnham opened the Kent Brewery in Sydney. In June 1888 Tooth & Company became a publicly listed company with capital of 900,000 pounds. In 1905 the Company acquired the New South Wales Malting Company's works at Mittagong. Over the next two decades the company acquired the Maitland Brewery (1913), the Castlemaine Brewery and Wood Brothers, Newcastle (1921); breweries in Wagga Wagga, Narrandera and Goulburn and in 1929 they acquired Resch's Limited. In 1977 the company acquired Wright, Heaton and Company and Penfolds Wines Limited and in 1978 Courage Brewery Limited. Tooth and Company was acquired by Carlton and United Breweries in 1983. The company's extensive collection of hotel properties were sold off from 1990. The company was delisted from the Australian Securities Exchange in 2010 after not having traded for many years. carlton and United Breweres were bought by Asahi Beverages in 2020.