Complex sentence: It is a service town for the surrounding dairy farming district, and is recognized as the "gateway" to the Waitomo Caves and as the "Kiwiana Town" of New Zealand, and up until 2007 held a yearly' Kiwiana Festival.
Split into simpler sentences: It is a service town for the surrounding dairy farming district. It has been recognised as the "Kiwiana Town" of New Zealand, and up until 2007 held a yearly' Kiwiana Festival.