Junkers

Even the group of companies run by industrialist Hugo Junkers slid into insolvency in the spring of 1932. Junkers had patented a completely new type of natural gas-fired water heater in 1894 and was also a technological pioneer in the building of aircraft and aircraft engines. Faced with a difficult situation, Junkers sold his heating appliances operations to Bosch in November 1932 and thus saved his businesses.