Complex sentence: In 1967, Dot picked up distribution of the Bob Crewe-owned DynoVoice label from Bell Records and later that year, Randy Wood left to co-found Ranwood Records with Lawrence Welk.
Split into simpler sentences: In 1967, Dot picked up distribution of DynoVoice, owned by Bob Crewe, from Bell Records. Later that year, Randy Wood left to found Ranwood Records with Lawrence Welk.