The move, which is scheduled to take place next year, could mean the loss of 288 jobs.
A statement by CCEP today (Wednesday) said: "Today we are announcing a proposal to close our manufacturing site in Milton Keynes and a separate proposal to close our distribution centre in Northampton.
"We know today’s news will be upsetting for our people at these sites and our immediate priority is to support them throughout the consultation process.”
Milton Keynes North MP Mark Lancaster, in whose constituency CCEP’s plant at Northfield is situated, said: “This is very disappointing news. I know it will be a worrying time for the employees and their families.”
Coca Cola intends to transfer production and warehousing to other GB sites. It expects to create 121 additional roles across its manufacturing and distribution networks, providing potential redeployment opportunities.
Its statement continued: "We are proud of our long-standing links with both towns and have not made these proposals lightly. However, we believe the proposed changes are necessary as they would provide significant productivity improvements and create greater efficiency across our manufacturing and distribution operations in Great Britain.”
“It will be of little comfort to those hearing the news today, but our economy in Milton Keynes remains strong and the fastest growing in the UK with new jobs being created every day.”