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.

This Company was incorporated in New South Wales in November 1887 to take over and continue the businesses in Newcastle of the Castlemaine Brewery, which was carried on under Prendergast, Wood & Co, and Wood Bros & Co. The Head Office was located in Bolton Street, Newcastle with a branch at Maitland. Tooth and Company Limited acquired the brewing, wine and spirits business of Castlemaine Brewery and Wood Brothers and Co Ltd in 1921.