Complex sentence: In 1997, a France-based group, ITM Entreprises S.A. invested $30 million in the Ro-Na Dismat Group Inc. ITM became a shareholder and formed a purchasing alliance with Ro-Na.
Split into simpler sentences: In 1997, a France-based group, ITM Entreprises S.A. invests $30 million in the Ro-Na Dismat Group. ITM becomes a shareholder and forms a purchasing alliance with Ro-Na.