The Löw-Beers ranked among a wide-spread Jewish German family of industrialists who settled in Moravia as early as the 17th century and contributed significantly to the development of industry in this region from the beginning of the 19th century up to the breakout of World War II. They had a significant influence on the industrialization of the Czechoslovak Republic between the two World Wars. They owned and operated a range of textile factories, sugar refineries and cement works within the territory of the former Monarchy and later Czechoslovak Republic. The most well-known were the factories for production of wool fabric in Brno and in nearby Svitávka.