Yes. Simply remove the 2540 paddlewheel, make sur that the hole is larger than 25mm (1.0 inch) in diameter, use an adapter to reduce the process thread size from 1.5 inches to 1.25 inches, and connect/insert the 2552 Magmeter. Please make not of the stack height of the weldolet, nipple, and ball valve before ordering the replacement 2552 Magmeter.