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End of an Era as Brewer Delists

By Andrew Starke

Tooth & Co will later today (Feb 12) officially delist from the Australian Stock Exchange (ASX) after 175 years in business.

The largest brewer in New South Wales for many years, the company owned the Kent Brewery on Broadway in Sydney that operated from 1835 to 1985.

It was also part of Adelaide businessman John Spalvin’s AdStream empire, which collapsed in the 1990s, and its colourful history came to an end as the remnants of Tooth & Co became bogged down in its parent company’s lengthy battle with the taxman.

The company’s stock was suspended from trading on Monday at the request of the company.

Shares were trading at 1.6 cents at the time.


[Fri 12/02/2010 10:58:17]

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