The Coca-Cola Company is progressing in its negotiations with its bottlers in Germany, according to a report in Die Welt today.

Coke currently has eight independent bottling companies that it uses in Germany but wants to restructure its business so only Coca-Cola Enterprises bottles the company's portfolio of products in the country.

Contracts with its eight bottlers are not due to run out until between 2006 and 2011. But Die Welt quoted industry sources saying some bottlers were prepared to return licenses early under certain conditions.